Viettel Billing System won Gold International Business Stevie Award

  • Payments
  • 26.10.2018 11:50 am

Viettel's real time billing system (vOCS 3.0) was awarded the Gold Stevie Award for "Best New Product or Service of the Year" entry at the International Business Stevie Awards held in London,England on October 21st, 2018 by the time zone of Vietnam. 

Representatives from Viettel receive the gold trophy of IBA Stevie Awards 2018 - London, England

Viettel vOCS 3.0 is the only IT product of Vietnam winning this award in the year along with Ooredoo - Qatar with the fastest 5G service in the world, Singtel - Singapore with the interactive sales system, Telkom - Indonesia with the mobile application for navigating locations for naval ships, etc. It is highly appreciated for the creativity and significant influence on the large number of users when being customized to suit each customer's specific needs. Currently, it has been put into use in 11 countries of Viettel with 170 million mobile subscribers with the capacity of each site serving up to 100 million subscribers. The most striking feature of vOCS 3.0 lies in its ability to design each single specific charge package for each user which has not ever been done by any OCS in the world.

As stated by Ms. Clara, Communications Director for Asia region when evaluating Viettel's winning of 2018 IBA Stevie Awards, all members of the judging board had positive and impressive comments on Viettel's vOCS and agreed to award the gold prize. This product demonstrated both the insight of researchers, software developers and the ability to tackle a major problem in the telecommunications sector, which is the fear and hesitation among data service providers in unifying or integrating voice and data into one real-time billing system. The judging board was highly expected to witness the creation of a new business model from this highly-acclaimed real-time billing system.

Viettel Group's real-time billing system (vOCS 3.0) completed its support on the Cloud/NFV virtualization platform for next version vOCS 4.0, which is intended to introduce many features on Mobile Virtual Network Operator (MVNO), Network Slicing as well as readily calculate charge for IoT/5G subscribers.

When the new version 4.0 is completely launched, it will turn Vietnam into one of the OCS-producing countries that support the global trend, namely advanced virtualization technology in order to save overhead cost and facilitate management activities, thereby opening up worldwide business opportunities. This encouraged Viettel to send bidding invitations to more than 30 international telecommunications operators to bring this product to the international market.

Asian markets such as Indonesia, Philippines, Pakistan, etc., will be first selected to expand vOCS 4.0 version with the latest and most distinctive technological strategy as well as the best customer care.

IBA - International Business Stevie Awards is an annual international business award held since 2003 to honor great achievements and positive contributions of businesses and individuals globally to the benefits of the community, including IT and telecommunication fields. IBA 2018 did attract more than 3,900 nominations from all types of organizations / businesses in 74 countries.

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