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JeraSoft
JeraSoft - IoT and Telco Billing Solution
JeraSoft - IoT and Telco Billing Solution
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We are excited to announce the release of a new version of our versatile billing platform – JeraSoft VCS 3.12! The new version provides users with new features, improved performance, and even greater ease-of-use.
Be the first to hear about JeraSoft’s latest technology innovations, the moment they’re announced!
Join us for a live webinar and Q&A session where we’ll share new platform’s innovations designed to extend your existing business model, simplify management processes and increase productivity.
Click here to register the webinar https://goo.gl/xuyiHY

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JeraSoft VCS Wholesale is a business support billing system developed for telecom providers who manage wholesale termination and transit.
With JeraSoft VCS you can boost margins and take advantage of more profitable buying and selling opportunities.
Key features:
- Powerful Rates Management
- Easy Real-time Statistics
- Flexible Dynamic Routing and LCR
- Multi-level Resellers and Agents Tree
- Traffic Quality Control (ACD, ASR, PDD)
Contact our team to get answers to all your questions and make the right decision! sales@jerasoft.net

https://www.jerasoft.net/products/vcs-wholesale/

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Technology that enables individuals or enterprises to transfer content such as audio, video, text, and images over the Internet without the involvement of any system operator or provider for distribution of the content is called OTT (Over-the-top). OTT has become the most successful industry of this decade. What makes OTT so compelling? And how do you make money on OTT mobile VoIP services?

OTT (OVER THE TOP) VOIP BILLING

The main benefit of OTT is that it is much cheaper than the traditional public switched telephone network (PSTN) (with no subsidies) allowing users to save money on both local and international calls as well as text messages. Secondly, Over-the-top technology is very flexible since there are fewer rules and contract obligations and it isn’t beholden to traditional billing models from telecom service providers. Another advantage is that OTT allows users to transfer images, video, and text along with voice.

The household VoIP brands have advertised free VoIP calling worldwide. What they don’t mention is how they’re actually making money from these “free services.” In most cases, OTT providers face the challenge of how to monetize their services efficiently and stay competitive. The difficulty of this task lies in the fact that most of the users of free services don’t have enough money to use pricier services. Yet this traffic can still be monetized. But how is this possible?

- Build a SMART Business Model.There’s money to be made on calls that go outside the network and room to compete by offering lower prices for international calls than the major players. Take your time to build a differentiated business strategy and calculate prospective income from it.

- Advertise. Placing ads inside your app is another great way to create a new revenue stream. There are plenty of opportunities to do so without annoying your audience. Simultaneously, make sure you have a paid version that offers your customers core and additional services without any ads.

- Focus on a Niche Market. Take a good look around and choose a niche to focus your efforts. Are you ready to propose unique services to individual customers? Or would you rather start with the B2B market within a specific industry? Don’t miss a chance to take a piece from an untouched pie!

- Zoom In On a Target Demographic. By targeting people in the US who frequently call Germany, for instance, you could offer lower rates for calls to Germany and target your marketing efforts to this audience.

- Offer a Premium Version. Provide your users with a full-featured version for an additional fee. Offer them a customized interface, individual rates, and anything else you can think of just be sure it is really worth it.

- Create Monthly Packages. Monthly charges are another great way to generate stable profits. Using the JeraSoft billing package, you can offer a monthly flat rate plan and include free calling within the network along with a set number of minutes to specific destinations. Using Auto Recharge, your customers’ credit cards will be automatically charged to renew their subscription.

- Pay Only for Active Users. Individuals can easily switch from one app to another to find the most convenient solution. In most cases, providers still have to pay a standard fee within their billing system license even for those who haven’t even opened the app for a few months. Pay attention to these types of payment clauses when choosing a provider. The main point is to select a license that allows you to pay only for active users.

- Offer PINless Calling Technology. PINless calling allows users to call without using a PIN number by registering their device or phone number beforehand. This makes calling more convenient.

- Provide a Standard Keypad. By allowing your customers to use their phone’s standard keyboard rather than requiring them to open your app to make calls, they’ll tend to use your VoIP service for all of their calls-another revenue generator.

Rather than trying to work within the confines of the traditional OTT (VoIP) business model, ask yourself how to capture a larger share of the value now being opened up through other avenues. In doing so, think carefully about the role you can play in this rapidly changing area and the best ways to monetize your efforts.

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The Internet of Things (IoT) has been entitled the next Industrial Revolution as it already impacts the way individuals, businesses and state governments interact with the outer world. By 2021 we`ll observe approximately 12 bln devices connected* to the global network and a quarter of them will be cars, industrial robots, drones, and other types of things and machines.

According to the predicted numbers, the influence of this revolution in the future is not overestimated. In a series of articles we`ll show up the power of IoT integrations into business, government and consumer verticals starting the journey from discovering the way the connected things have broken into our lives.



Business

IoT technologies are making companies and their products more agile and effective. Today brands can get their goods to consumers quicker, from the other prospect to establish new revenue streams. It is possible according to 64% business leaders who strongly expect IoT initiatives to impact their businesses in the long-run**. By taking into account data gathered from connected “things” brands can influence and enhance their business models as well as investment-related activities. The key point is that the most of this data is coming together with the uncovered before vital insights on consumer behaviour and it`s fluctuation due to the changeable environment and events conditions.

However, not just the smart devices are drawing the money flow. Professional IoT services as well as consumer and connectivity ones, are on pace to reach 273$ bln in 2017*, really impressive!



Consumers

The number of consumer IoT devices tops all other categories and the dollar amounts are huge. According to MediaPost consumer expenditures on smart things will total $725 bln in 2017. An important factor contributing to the IoT consumption trend is the emergence of wearable devices such as smartwatches, smartglasses, heads-up displays (HUDs), health and fitness trackers and monitors, smart clothing and other innovative items that have the capability to connect and communicate to the network either directly through embedded cellular connectivity or through another device (primarily a smartphone) using Wi-Fi, Bluetooth, or another technology. By 2021, Cisco estimates that there will be 929 mln wearable devices globally, growing nearly threefold from 325 mln in 2016.

Connected vehicles are a hotbed of discussion in the tech industry as they need to overcome a handful of safety and regulatory obstacles before consumers can start reaping the benefits, which range from accurate insurance rates to cars that drive themselves.



Government

The Internet of Things has a vast effect on government institutions from city hall to international governing bodies playing a major role in projects focusing on population ageing, food security, energy efficiency and sustainability at both federal and local levels. Standard state services are also adjusted and enhanced by the internet of things, automating common gov processes and trim unnecessary expenses at the same time making the citizenship to support the development of smart nations and smart cities. This includes enhancement of the infrastructure in general. For example, solving a problem felt by many residents, San Francisco connected its parking meters so drivers can find open parking spots without driving around the same block several times.

Read our next article on integration of the IoT into the business sector focusing on the most worthy insights and tendencies.

*Cisco

**TEKsystems

www.jerasoft.net

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As a VoIP Billing Software Developer, we often face with clients doubts on what way is the best: to rent or own their own billing platform. Of course, in most cases, we recommend to get ownership of required license but sometimes we let off our leads giving up to a hostedbilling providers. We know pros and cons of choosing both – a hosted billing solution and own one so you may found them below:

Security

Hosted Solution (HS): Customers database is open for the second person, for instance hosting company. Accordingly, it doesn’t save a customer from an unauthorised access to value data or information leak.

Ownership (O): Information security fully depends on internal processes of the company. The customer controls accesses and rights of purchased billing software.

Expenses

HS: A subscription plan on hosted billing services is rather cheaper than an own solution and it can be interrupted at any time.

O: the price of self-hosted VoIP billing software fluctuates from thousand dollars and this is the only cost of software.

Venture

HS: Starting the business with hosted services a customer doesn’t invest a lot.

O: If a business fails an owner suffers big losses but otherwise it a great stimulus to keep afloat.

Evolution

HS: Closed range of option. More often it’s impossible to configure services for an own business model.

O: Rather often software development companies offer flexible customised systems.

Maintenance

HS: All responsibilities lie on one side – hosting services provider, which prevent a client from a daily headache regarding technical support and maintenance.

O: A great challenge of starting VoIP business is collecting reliable technical team. It takes great efforts but at the same time it gives a control over the many processes.

Of course, we don’t cover all aspects of doing VoIP business in this article and at the first sight, it seems that a hosted billing solution has much more benefits. Still, uncontrolled processes instil insecurity in future, therefore, the bigger company is the more attention should be paid to such controversies such as independence from external influences as well as security empowering.
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