Nokia Siemens Networks Invests in OpenCloud; Strengthens Partnership

By

Nokia Siemens Networks announced today that it is strengthening its existing partnership with U.K.-based OpenCloud by investing £4 million in the application server and service broker systems provider. By the terms of the agreement, Nokia Siemens Networks will not only lead OpenCloud’s latest investment round, it will strengthen the two companies’ OEM relationship. OpenCloud’s technology will be integrated into Nokia Siemens Network’s charge@once suite.

Nokia Siemens Networks is a joint venture between Finnish wireless company Nokia and Germany’s Siemens AG. charge@once is Nokia Siemens Network’s modular system for wireless prepaid charging, postpaid billing and customer care. It allows service providers to offer customers service and price plans based on personal preferences. Customers can gain access to their usage information and billing costs online, regardless of their payment method.

"This investment will allow Nokia Siemens Networks to address the considerable Converged Charging and Service Delivery Platform opportunities in the market," Rick Centeno, head of Charging, Billing and Care at Nokia Siemens. "We will be able to better provide our customers with an integrated offering to fit their end-to-end needs around service development, delivery, control and charging."

Nokia Siemens Networks and OpenCloud have been partners for the last two years. The relationship has resulted in a number of significant customer wins. In June of this year, Nokia Siemens Networks signed a contract with wireless provider Vodafone in Portugal, which uses OpenCloud’s Service Broker technology to reduce the time and cost of launching new services.

“Having successfully worked together with Nokia Siemens Networks, we are pleased to bring our partnership to a strategic level,” says Jeff Gordon, CEO of OpenCloud. “The investment will be used to accelerate our portfolio development to support the fast growth of the Service Delivery Platform market, while leveraging Nokia Siemens Networks’ global customer reach, expertise and delivery capabilities.”

The joint offering between the two companies is expected to allow service providers to converge existing telecommunication assets and new IP capabilities to deliver next-generation services, and extend existing and new services to the entire subscriber base: postpaid or prepaid, fixed or mobile. Service providers will also be able to combine existing services and new rich content and applications into bundles, monetize services through real-time charging mechanisms, accelerate the time-to-market for new services, and expose telecommunication and IP assets and services to application developers.


Tracey Schelmetic is a contributing editor for TechZone360. To read more of Tracey's articles, please visit her columnist page.

Edited by Juliana Kenny
Get stories like this delivered straight to your inbox. [Free eNews Subscription]

TechZone360 Contributor

SHARE THIS ARTICLE
Related Articles

Tech Podcast Award Winners Bring Excitement and Enthusiasm to a Range of Important Tech Topics

By: TMCnet Staff    6/18/2025

Tech Podcast Award winners produce engaging, informative, and often entertaining content, bringing valuable insight from industry front lines to the e…

Read More

How Mobile Technology is Driving the Shift to Casino Apps

By: Contributing Writer    6/12/2025

Recent years have seen casino apps completely changing the online casino experience. Thanks to mobile-first technology, apps are becoming the default.…

Read More

Decentralized IT Management: Fad or Future?

By: Contributing Writer    6/5/2025

Managing IT feels like an ongoing balancing act for many businesses. Centralized systems often create bottlenecks, slow down teams, and frustrate empl…

Read More

IT Management as a Driver of ESG Initiatives

By: Contributing Writer    6/5/2025

Businesses today face growing pressure to meet environmental, social, and governance (ESG) standards. Customers demand greener practices. Investors lo…

Read More

Everything You Need to Know About Mobile Casinos

By: Contributing Writer    5/30/2025

We live in the age of technology and we have come to solve things on the go, whether we are talking about personal or job-related issues. We have come…

Read More