Latest news with #MATRIXXSoftware
Miami Herald
2 days ago
- Business
- Miami Herald
MATRIXX Software Collaborates on Groundbreaking TM Forum Catalyst for Spatial Web Monetization
Team of global leaders to showcase telcos' advancing role in enabling immersive, context-aware digital experiences FOSTER CITY, CA / ACCESS Newswire / June 11, 2025 / MATRIXX Software, a global leader in billing and monetization solutions, today announced its participation in a groundbreaking TM Forum Moonshot Catalyst project titled "Spatial Web: Open Gateway to the Immersive Future." The project, developed in collaboration with industry leaders including Telefónica, TIM Brasil, Red Hat, Hansen Technologies and will be unveiled at TM Forum's Digital Transformation World (DTW) Ignite event, June 17-19, in Copenhagen, Denmark. The Catalyst showcases how telcos can become enablers of the Spatial Web through standardized, programmable access to network capabilities via the GSMA Open Gateway initiative and TM Forum's Operate APIs. It provides a blueprint for transforming connectivity providers into orchestrators of the immersive, context-aware digital experiences that will become the "killer apps" of the Spatial Web. "Real-time, scalable monetization capabilities will be central to telcos' role in the Spatial Web ecosystem," said Marc Price, chief technology officer at MATRIXX Software. "This Catalyst project demonstrates how telcos can unlock that potential by automating lifecycle operations, exposing new value through APIs and enabling flexible monetization models that appeal to developers and aggregators alike." The Spatial Web Opportunity The Spatial Web is the next evolution of the internet, where digital content and services are seamlessly integrated with the physical world through technologies like augmented reality, real-time data and AI agents. It promises to deliver immersive, context-aware experiences for users and new monetization opportunities for businesses. Emerging use cases include interactive marketing and virtual storefronts, immersive games and contextualized spatial tourist attractions, each of which will be served by direct and indirect monetization models to underpin their commercial success. To realize its full potential, the Spatial Web requires a programmable network foundation-one that can provide low latency, high bandwidth and context-rich data services. Telecom operators are uniquely positioned to deliver these capabilities, enabling developers to build applications that interact intelligently with the physical environment in real-time. A Gateway to the Next Internet Era Built on TM Forum's Open Digital Architecture and CAMARA APIs, the Catalyst highlights the technical advances needed to support next-generation digital services. Key project innovations include: First implementation of TMF936 Operate API for dynamic product catalog exchangeUsage data exchange standardization via TMF937, enabling automated billing and settlementFlexible CAMARA API pricing models supporting diverse application monetizationIntegration of the Decentralized Spatial Web Protocol (DSSP) to orchestrate real-time, immersive experiences Collectively, these advances lay the foundation for commercializing high-value Spatial Web applications in numerous industries-moving beyond simple connectivity toward a forecasted $34B+ telco API economy. Scaling the Open Gateway The Open Gateway, initiated by the GSMA, standardizes network capabilities through APIs, enabling developers to build applications interacting directly with telecom infrastructure. By simplifying complex operator functions into programmable interfaces, like quality of service and identity, it bridges networks and cloud ecosystems, accelerating innovation and creating new monetization opportunities for telcos. With 73 operators and 43 channel partners supporting the MoU, the Catalyst project highlights the automation of these API deployments and commercialization at scale. Visit the Catalyst at DTW The "Spatial Web: Open Gateway to the Immersive Future" Catalyst will be presented at DTW's Innovation Zone, kiosk i3.18. Attendees will experience how standardized APIs and real-time monetization can unlock new business models, speed developer onboarding and transform the telco role in the emerging Spatial Web ecosystem. Learn more about the Catalyst project here. About MATRIXX Software MATRIXX Software delivers a modern converged charging and digital monetization solution proven at scale. Global operators like Telefónica and Telstra, IoT providers like Tata Communications and network-as-a-service (NaaS) providers like DISH rely on the platform to overcome the limitations of traditional Business Support Systems (BSS). With MATRIXX, service providers can rapidly configure, deploy and monetize personalized, innovative offerings. Its cloud native platform delivers accurate, real-time information that improves customer engagement. MATRIXX enables commercial innovation and real-time customer experiences that drive revenue and growth opportunities across multiple markets. For more information, please visit Media Contactmediainquiry@ SOURCE: MATRIXX SOFTWARE
Indianapolis Star
2 days ago
- Business
- Indianapolis Star
MATRIXX Software Collaborates on Groundbreaking TM Forum Catalyst for Spatial Web Monetization
Team of global leaders to showcase telcos' advancing role in enabling immersive, context-aware digital experiences MATRIXX Software, a global leader in billing and monetization solutions, today announced its participation in a groundbreaking TM Forum Moonshot Catalyst project titled 'Spatial Web: Open Gateway to the Immersive Future.' The project, developed in collaboration with industry leaders including Telefónica, TIM Brasil, Red Hat, Hansen Technologies and will be unveiled at TM Forum's Digital Transformation World (DTW) Ignite event, June 17-19, in Copenhagen, Denmark. The Catalyst showcases how telcos can become enablers of the Spatial Web through standardized, programmable access to network capabilities via the GSMA Open Gateway initiative and TM Forum's Operate APIs. It provides a blueprint for transforming connectivity providers into orchestrators of the immersive, context-aware digital experiences that will become the 'killer apps' of the Spatial Web. 'Real-time, scalable monetization capabilities will be central to telcos' role in the Spatial Web ecosystem,' said Marc Price, chief technology officer at MATRIXX Software. 'This Catalyst project demonstrates how telcos can unlock that potential by automating lifecycle operations, exposing new value through APIs and enabling flexible monetization models that appeal to developers and aggregators alike.' The Spatial Web Opportunity The Spatial Web is the next evolution of the internet, where digital content and services are seamlessly integrated with the physical world through technologies like augmented reality, real-time data and AI agents. It promises to deliver immersive, context-aware experiences for users and new monetization opportunities for businesses. Emerging use cases include interactive marketing and virtual storefronts, immersive games and contextualized spatial tourist attractions, each of which will be served by direct and indirect monetization models to underpin their commercial success. To realize its full potential, the Spatial Web requires a programmable network foundation-one that can provide low latency, high bandwidth and context-rich data services. Telecom operators are uniquely positioned to deliver these capabilities, enabling developers to build applications that interact intelligently with the physical environment in real-time. A Gateway to the Next Internet Era Built on TM Forum's Open Digital Architecture and CAMARA APIs, the Catalyst highlights the technical advances needed to support next-generation digital services. Key project innovations include: First implementation of TMF936 Operate API for dynamic product catalog exchange Usage data exchange standardization via TMF937, enabling automated billing and settlement Flexible CAMARA API pricing models supporting diverse application monetization Integration of the Decentralized Spatial Web Protocol (DSSP) to orchestrate real-time, immersive experiences Collectively, these advances lay the foundation for commercializing high-value Spatial Web applications in numerous industries-moving beyond simple connectivity toward a forecasted $34B+ telco API economy. Scaling the Open Gateway The Open Gateway, initiated by the GSMA, standardizes network capabilities through APIs, enabling developers to build applications interacting directly with telecom infrastructure. By simplifying complex operator functions into programmable interfaces, like quality of service and identity, it bridges networks and cloud ecosystems, accelerating innovation and creating new monetization opportunities for telcos. With 73 operators and 43 channel partners supporting the MoU, the Catalyst project highlights the automation of these API deployments and commercialization at scale. Visit the Catalyst at DTW The 'Spatial Web: Open Gateway to the Immersive Future' Catalyst will be presented at DTW's Innovation Zone, kiosk i3.18. Attendees will experience how standardized APIs and real-time monetization can unlock new business models, speed developer onboarding and transform the telco role in the emerging Spatial Web ecosystem. Learn more about the Catalyst project here. About MATRIXX Software MATRIXX Software delivers a modern converged charging and digital monetization solution proven at scale. Global operators like Telefónica and Telstra, IoT providers like Tata Communications and network-as-a-service (NaaS) providers like DISH rely on the platform to overcome the limitations of traditional Business Support Systems (BSS). With MATRIXX, service providers can rapidly configure, deploy and monetize personalized, innovative offerings. Its cloud native platform delivers accurate, real-time information that improves customer engagement. MATRIXX enables commercial innovation and real-time customer experiences that drive revenue and growth opportunities across multiple markets. For more information, please visit Media Contact mediainquiry@ SOURCE: MATRIXX SOFTWARE View the original press release on ACCESS Newswire
Associated Press
2 days ago
- Business
- Associated Press
MATRIXX Software Collaborates on Groundbreaking TM Forum Catalyst for Spatial Web Monetization
Team of global leaders to showcase telcos' advancing role in enabling immersive, context-aware digital experiences FOSTER CITY, CA / ACCESS Newswire / June 11, 2025 / MATRIXX Software, a global leader in billing and monetization solutions, today announced its participation in a groundbreaking TM Forum Moonshot Catalyst project titled 'Spatial Web: Open Gateway to the Immersive Future.' The project, developed in collaboration with industry leaders including Telefónica, TIM Brasil, Red Hat, Hansen Technologies and will be unveiled at TM Forum's Digital Transformation World (DTW) Ignite event, June 17-19, in Copenhagen, Denmark. The Catalyst showcases how telcos can become enablers of the Spatial Web through standardized, programmable access to network capabilities via the GSMA Open Gateway initiative and TM Forum's Operate APIs. It provides a blueprint for transforming connectivity providers into orchestrators of the immersive, context-aware digital experiences that will become the 'killer apps' of the Spatial Web. 'Real-time, scalable monetization capabilities will be central to telcos' role in the Spatial Web ecosystem,' said Marc Price, chief technology officer at MATRIXX Software. 'This Catalyst project demonstrates how telcos can unlock that potential by automating lifecycle operations, exposing new value through APIs and enabling flexible monetization models that appeal to developers and aggregators alike.' The Spatial Web Opportunity The Spatial Web is the next evolution of the internet, where digital content and services are seamlessly integrated with the physical world through technologies like augmented reality, real-time data and AI agents. It promises to deliver immersive, context-aware experiences for users and new monetization opportunities for businesses. Emerging use cases include interactive marketing and virtual storefronts, immersive games and contextualized spatial tourist attractions, each of which will be served by direct and indirect monetization models to underpin their commercial success. To realize its full potential, the Spatial Web requires a programmable network foundation-one that can provide low latency, high bandwidth and context-rich data services. Telecom operators are uniquely positioned to deliver these capabilities, enabling developers to build applications that interact intelligently with the physical environment in real-time. A Gateway to the Next Internet Era Built on TM Forum's Open Digital Architecture and CAMARA APIs, the Catalyst highlights the technical advances needed to support next-generation digital services. Key project innovations include: Collectively, these advances lay the foundation for commercializing high-value Spatial Web applications in numerous industries-moving beyond simple connectivity toward a forecasted $34B+ telco API economy. Scaling the Open Gateway The Open Gateway, initiated by the GSMA, standardizes network capabilities through APIs, enabling developers to build applications interacting directly with telecom infrastructure. By simplifying complex operator functions into programmable interfaces, like quality of service and identity, it bridges networks and cloud ecosystems, accelerating innovation and creating new monetization opportunities for telcos. With 73 operators and 43 channel partners supporting the MoU, the Catalyst project highlights the automation of these API deployments and commercialization at scale. Visit the Catalyst at DTW The 'Spatial Web: Open Gateway to the Immersive Future' Catalyst will be presented at DTW's Innovation Zone, kiosk i3.18. Attendees will experience how standardized APIs and real-time monetization can unlock new business models, speed developer onboarding and transform the telco role in the emerging Spatial Web ecosystem. Learn more about the Catalyst project here. About MATRIXX Software MATRIXX Software delivers a modern converged charging and digital monetization solution proven at scale. Global operators like Telefónica and Telstra, IoT providers like Tata Communications and network-as-a-service (NaaS) providers like DISH rely on the platform to overcome the limitations of traditional Business Support Systems (BSS). With MATRIXX, service providers can rapidly configure, deploy and monetize personalized, innovative offerings. Its cloud native platform delivers accurate, real-time information that improves customer engagement. MATRIXX enables commercial innovation and real-time customer experiences that drive revenue and growth opportunities across multiple markets. For more information, please visit Media Contact [email protected] SOURCE: MATRIXX SOFTWARE press release
Associated Press
19-02-2025
- Business
- Associated Press
MATRIXX Software Unveils MATRIXX Dynamic Billing to Revolutionize Revenue Management
Breakthrough in processing technologies drastically reduces the cost of billing operations FOSTER CITY, CA / ACCESS Newswire / February 19, 2025 / MATRIXX Software, a global leader in billing and monetization solutions, today announced the launch of its groundbreaking product, MATRIXX Dynamic Billing. Building on its achievements in revolutionizing real-time rating and charging, MATRIXX will be expanding its offerings to incorporate high-performance billing and invoicing on the same platform so that service providers can effortlessly generate precise customer bills. With MATRIXX Dynamic Billing, service providers will be able to alleviate the burden of their costly legacy systems, deliver financial precision to the business, reduce the complexity of billing audit and reconciliation and enhance customer experiences with a complete, accurate view of spending and billing information at all times. MATRIXX is extending its architecture to unify all charging, rating, and billing processes by combining its patented real-time transactional platform with state-of-the-art mass data processing capabilities. By unifying revenue management processes, MATRIXX Dynamic Billing will eliminate the complexities, issues and costs that stem from a typical siloed environment. The MATRIXX platform will be able to manage pricing, charging and revenue data across every stage of the billing journey-from quote and order to consumption, charging, invoicing and payments-delivering accurate billing and balance visibility to a service provider's customers, finance teams and channel partners alike. MATRIXX Dynamic Billing will process all usage and non-usage charges for retail, enterprise and wholesale lines of business and for any combination of payment methods, including prepaid, postpaid and pay now. Widely acknowledged as the most mature cloud native charging and rating solution on the market, MATRIXX remains committed to cloud native principles and its TM Forum Ready for ODA (RfODA) status. With MATRIXX Dynamic Billing, new capabilities will be architected to be aligned with the ODA component definitions for Bill Calculation, Bill Generation and Billing Account Management. This ensures that service providers can integrate and scale one or all of the MATRIXX billing microservices cost-effectively, eliminating the need for expensive customizations that result in vendor lock-in. By delivering all pricing, charging and billing microservices on a unified platform, MATRIXX Dynamic Billing will eliminate common data discrepancies and points of failure in the revenue management domain that slow revenue recognition and increase the burden in audit, reconciliation and fraud management processes. 'It's a win-win for the communications service provider and vendor communities alike when operational software is aligned with the Open Digital Architecture principles,' said George Glass, chief technology officer of TM Forum. 'The whole industry benefits through increased business agility when software companies like MATRIXX commit to supporting the ODA standards.' Billing processes have long plagued communications service provider (CSP) operations and are the next area ripe for transformation. Demand for modern billing and payment solutions is growing across many industries, and multiple customers are working with MATRIXX on its product pilot program. MATRIXX Dynamic Billing is planned to be generally available later this year. Traditional billing processes give rise to numerous customer satisfaction issues including unexpected charges, confusing invoices and billing errors. STL Partners compiled insights from CSP senior decision-makers and explored the impacts of existing billing shortcomings and transformation options. By transforming and unifying charging, rating and billing, a typical Tier 1 telco can generate $13 million from greater operational efficiencies, $53 million from reduced customer complaints and $102 million from reduced customer churn for a total savings of $168 million and a nearly 2 percent uplift in EBITDA. 'Our customers have repeatedly shared with me the benefits they have derived from our platform,' said Glo Gordon, chief executive officer of MATRIXX Software, 'and have increasingly requested that we extend these benefits into the billing domain. This launch of Dynamic Billing is the culmination of years of customer input and insights on a modern approach to billing and the dedicated efforts of our team to extend our technology across the revenue management lifecycle.' To learn more about Dynamic Billing and to see a demonstration, visit MATRIXX Software at Mobile World Congress 2025 in Barcelona March 3-6. Schedule a meeting at MWC. About MATRIXX Software MATRIXX Software delivers a dynamic billing, monetization and charging solution proven at scale. Global service providers like Telefónica, IoT providers like Tata Communications and network-as-a-service providers like DISH rely on MATRIXX to overcome the limitations of existing billing applications. MATRIXX provides a unified platform that transforms and simplifies billing operations across consumer, enterprise and wholesale businesses. With MATRIXX, operators can rapidly configure, deploy and monetize personalized offerings, enabling commercial innovation and real-time customer experiences that drive revenue and growth. - ENDS -
