Unlimited Flexibility for Quickly Launching Services; Maximizing Revenue
Introducing the real-time rating and pricing engine that works the way you need it to work: flexible, nimble and powerful. An add-on feature to EventDynamics™ - the leading data collection and management solution - this real-time rating engine provides total flexibility when pricing for individual services such as voice, messaging and video streaming. These services can then be easily bundled into tailored packages for key customer segments. Pricing and rating from TeleSciences has been specifically designed to deliver total flexibility, so when it comes to defining price plans the only limit is creativity.

This unrestricted pricing and rating allows service providers to meet mission critical business needs:

• Target micro-segments with tailored offers
• Single, efficient, consolidated pricing catalog and rating engine for lower TCO
• Package any variety of services: voice, messaging, IPTV
• Target niche markets according to age, ethnicity or geographic location
• Refine prices and offers in less than one day
• Rapidly launch new promotions and cross-product discounts

The Engine That Could: Revenue Sharing, Sponsorships & Commissions
An intelligent, powerful rating engine is necessary to meet the requirements of the new value chains apparent today. Pricing and rating from TeleSciences manages:

• Royalty cost structures for content supplier partners
• Fixed or transaction costs for technology partners
• Commissions for distributors or salespeople
• Sponsorship arrangements where one third-party pays some or all of the costs of a transaction

Note that most systems do not handle partnerships seamlessly and in real-time. The rating engine from TeleSciences does real-time multi-party rating so that a single event can generate multiple transactions in real-time that get charged to different accounts. Not only does the customer account get charged but also all partner accounts are updated in parallel. So both revenue and costs can be accurately managed in real-time.

Real-Time Rating; Unrestricted Pricing Creativity
The TeleSciences rating engine has been proven to provide high transaction throughput, high availability and low TCO in the most challenging of environments, be it high-volume billing or online, real-time operation close to network elements. This advanced solution supports the concept that pricing creativity should be unrestricted and that changes need to be rolled out in days and hours, not weeks and months.

With pricing and rating from TeleSciences:

• Marketing and pricing teams are empowered with business oriented tools to allow them to build sophisticated bundles and creative promotions, whether this will be to address mobile billing, MVNO billing, VoIP billing, or converted billing.
• Pricing changes, large and small, can be tested and made live on the production rating engine entirely without costly development cycles
• Dramatically reduce both time to market and operational costs compared to traditional billing and prepaid systems

Introducing the Flexible Decision Tree
Enabling the freedom and flexibility of this intelligent rating engine is a highly user friendly interface, manageable by business and IT teams alike. An intuitive "visual programming" structure is used with a simple GUI and visual icons for price plans. Users can build detailed price plans through "Decision Trees" which specify the algorithms that are used for pricing services.

This approach allows you to:

• Provide no limits pricing options: time of day, weekends, holiday rates, content/service type, size, location, tariff class
• Use components to define possible charges which can be usage-based, recurring or one-time fees
• Introduce promotions and cross-product discounts
• Create price plans and take them into production without coding
• Define reusable offers to create final bundled offers targeted to a specific segment

Contact us to learn more about the pricing and rating solution, and how it fits within the EventDynamics data collection, management and analysis suite of revenue and profit management solutions.