Amdocs has launched an IoT monetisation platform, a multi-industry, cloud-based, multi-tenant solution that will enable service providers to maximise the potential of IoT services. With this platform, service providers can quickly have on board enterprise and original equipment manufacturer partners, and bill consumers purchasing IoT products and services directly, or through the consumer’s bill with the service provider.
In addition to supporting the traditional IoT wholesale-billing model for communication services, the Amdocs IoT monetisation platform allows service providers to unleash the potential of consumer IoT by supporting multiple additional engagement models such as white-label billing for the IoT provider, reselling IoT services directly to the consumer, or becoming an IoT services billing provider. The platform handles complex settlements across the different engagement models and manages the entire financial flow between all involved parties.
