Over-the-top (OTT) applications have long been seen as a threat to telco service providers, who are obliged to deliver on insatiable bandwidth demands without realizing any commercial benefit from either the consumer/enterprise or the third-party app. This needn’t be the case and the limited participation from service providers in recent years really stems from a shortsighted view of partnerships.
Arguing about “who owns the customer” or that “our customers expect a certain level of service” is so far behind the curve it’s laughable and service providers simply can’t derail innovation by imposing expensive and exhausting procedures. But to be clear, this is a competitive market and service providers will lose more ground unless a contemporary model for collaboration is adopted.
The Amdocs OTT Monetization Solution allows service providers to leverage network assets to create value for OTT providers and monetize service collaborations. Layer 7’s API Management Suite of products defines a new methodology for telco APIs, bringing interface, identity and developer management together in a cohesive platform that can serve mobile, enterprise and internal applications equally. Layer 7 and Amdocs will be working together to deliver a best-of-breed solution, addressing the full lifecycle of telco API needs.
This new approach will yield great results. We have already seen Spotify implement a flat-rate service with T-Mobile Germany. Also, network-enhanced enterprise tools (e.g. AT&T Business Services) are becoming commonplace as LTE networks expand. APIs are the fabric that ensures these collaborations are possible and can be brought to market quickly and efficiently.