For Communication Service Providers, taxation is an important element of their monetization strategy and cannot be overlooked. The famous words from Benjamin Franklin spring to mind: “In this world nothing can be said to be certain, except death and taxes.” Taxation can get complex and having the right systems in place to automate that complexity are paramount. As a central player in catalog management and billing transactions, the billing platform becomes a key actor in the configuration of catalog and account level taxation rules. This makes it even more important that companies integrate with a Billing system that has the flexibility to handle their tax needs no matter how complex.
I attending the IoT World 2016 conference a couple weeks ago in Santa Clara, California. What a fantastic event with over 10,000 attendees including a diverse array of exhibiting companies, and keynotes and breakout sessions covering a wide range of vertical market challenges and industry specific issues. I sat in on most of the keynote presentations and a good sampling of the breakout sessions. There were a few common themes that emerged from the sessions and from talking to many of the attendees.
Topics: Internet of Things