Global Cloud Billing Services Market 2015-2019

NEW YORK, March 24, 2015 /PRNewswire/ -- About Cloud Billing Services
Billing management systems enable telecom operators to effectively handle all tasks and processes related to financial transactions. It facilitates customer account operations and provides invoicing flexibility for multiple payment models, methods, and channels. It also supplies tools for personalization of billing services and customized invoice calculation. It also enables resolution of end-to-end billing-related disputes. With changes in technology, vendors are shifting toward customized platforms on the cloud. Cloud billing is the method of generating bills from restored data using billing policies. The cloud billing services caters to both functional and non-functional requirements. The functional requirements include policies, payment schedules, user IDs, and conversion functions. The non-functional requirements include security, scalability, and standards.

TechNavio's analysts forecast the Global Cloud Billing Services market to grow at a CAGR of 27.61 percent over the period 2014-2019.

Covered in this Report

This report covers the present scenario and the growth prospects of the Global Cloud Billing Services market for the period 2015-2019. To calculate the market size, the report considers revenue generated from sales of cloud billing services including subscription and update charges. Moreover, the revenue includes:
• Billing services on cloud
• Billing of clud services

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-cloud-billing-services-market-2015-2019-300055478.html

SOURCE Reportlinker

[ Back To TMCnet.com's Homepage ]