Telecommunications is important for the smooth functioning of a business, which is why solid telecom billing software is important for a business of any size to effectively manage telecom expenses and costs. Such software is also important to ensure that telecom expenditures are budgeted wisely. The end result is a business that is proactively doing what needs to be done to manage overall company spending, thus preserving the integrity of their bottom line.
Businesses may find that telecom billing software also goes by the name expense management software. Some of the convenience lies in the fact that multiple functions can be customized based on the needs of the business. For example, one module can track telecom expenses, while another tracks marketing activities.
One industry that commonly uses telecom building software is the wireless phone industry and this software is the center of their financial operations. The software is able to track the time that is used by each customer so that the customer can be billed for that time. The software is also responsible for creating the bills that are sent to customers. There are different modules that the program contains so that the company can manage their money all in one program.
It is important to know, however, that it is not just the wireless phone industry using telecom billing software. Companies that use telecom in any way may wish to use the software to track expenses, assets, and usage. Any area of telecom usage can be analyzed, as well as expenses, and a comprehensive report can be generated based on parameters specified by the user. Due to telecom usage within the company being able to be examined, analyzed, and a report created, all concerned parties are able to review the results. Once the results are reviewed, any necessary changes can be made so that the company’s profits improve.
The Telecom Billing Solution also eliminates any existing billing errors that are taking place. These errors can cost a lot of money. This usually has much to do with hard-to-understand formats or billing and other financial activities that are spread throughout various software programs and not within the same software program.
When the many financial operations are integrated into a single software program, the individual modules are protected so that authorized individuals are the only ones able to access them. This means that lower management is not going to be able to access the modules that only upper management can access without receiving the proper permissions.
With many operations operating within the same telecom billing software, each module can communicate with one another to ensure correct billing. Many of the costly errors can be eliminated. Such errors can cost in the way of having to give a customer credit for the mistake. If everything is correct from the start, then no unexpected adjustments will be needed.
Telecommunication Programs In Canada
In present scenario telecommunications is an industry which grows at a rapid pace day by day. Telecom experts must acquire advanced knowledge and awareness regarding the applications in the industry, devices used for telecommunication along with regulatory policies applied in telecom industry. Therefore, if you are looking for a career in this particular field you should acquire a degree in the specific subject like Diploma in telecommunication, PG diploma telecommunication, Telecommunication engineering in numbers of institutions across the world. There are numerous institutes all over the world which provide several courses on telecommunication for a large group of students who are interested to know every minute details of telecom.
There are several diploma courses in telecommunication provided by colleges and universities which consist of different segments such as wireless communication, fiber optics communication, 3G, Local Area Networks, digital Network Architectures and henceforth. And if you are graduated in telecommunication engineering you can get admission in any institutes of not in Canada, but all over the world in Post Graduate courses like PG diploma in telecommunication and other specific telecom subjects like wireless communication and fiber optics communication and others. There are several regulatory policies in the field of telecom which the specialists have to adhere strictly and the employees who work in the particular field also have to acquire technical degree in the subject of telecommunication.
There are various institutes in Canada which offer several telecommunication programs for students such as diploma in telecommunication, PG diploma telecommunication. There are various subjects which depend on the entire subject of telecommunication that are taught in varied institutes. The subjects that are incorporated with the telecommunication course are Fiber optics communication, basic communication technologies, circuits and digital signals, digital communication system, mobile data communications, satellite communications, wireless communication, communication system management, communication traffic theory and others. There are regular courses offered by various institutes for large numbers of students. Along with regular telecommunication courses there are distance learning courses provided by several institutes which endow the students with the e-learning procedure.
There are short courses provided by various institutes for professionals who are already works in the particular field of telecom.
The short courses offered by colleges and universities are Microsoft Office applications Basic, AutoCAD, MCITP, CCNA and a variety of short term courses.
By learning the details of telecommunication individual can perform and excel in the particular field and develop a career with lucrative salary package. The institutes also initiate to provide the placements for right candidates. The institutes organize campus interviews of several telecommunication companies for students who deserve a respected job in the field of telecom. The institutes also take admission of foreign students who are interested to get in the top institutes and acquire the knowledge and also work with companies in their practical project. The diploma courses, PG courses along with short term courses are very essential for those who desire to be a telecom professional and want to prove his competency in this field. The demand of this particular field is increasing at a very faster rate.
The Telecommunications Sector In Africa
The telecommunication sector is another area for your investment in Africa. The rise of business potentials and more foreign investments sparked the telecom revolution. Since more African countries have undergone liberalization and privatization, telecommunication infrastructures have improved drastically. Uganda, Tanzania, Nigeria, Sudan, South Africa and Kenya are the those countries to name a few. Many African governments privatizes their former state-owned enterprises to give way to the growth of the said sector.
As of now, South Africa is the main point of telecommunication in the whole African continent. Although the country has been making an accelerated move into the region, the area is still too big. There is a wide range of people in need of communication links, and the need for better communication system keeps on increasing. To create more progress, Africa needs to connect to the whole world. And for upcoming investments, communication is essential to make business success possible.
According to International Telecommunications Union (ITU), Africa only has two telephone lines per 100 people. A very poor data compared to Europe’s four for every 10 people. They also said that growth in Africa’s telecommunication sector is yet to be experienced. But after five years, the sector is steadily growing. The region showed a considerable development specifically in mobile communications.
While fixed line telecommunication systems are developing at a rather stagnant pace, the development of wireless and mobile communication technologies and the heavy investments made in the telecommunications market have tremendously improved the growth of the sector. In 2004, only 6 percent of the total number of Africans own a cellphone, but now there are a lot of them. There are now more than 82 million mobile users in Africa: Nigeria’s mobile market is growing at over 100% per year. Mobile telephony has a positive and significant impact on economic growth, and this impact may be twice as large in developing countries as in developed countries.
The government was able to address the problems why telecommunication service was then poor. Before the development, low penetrations are caused by: 1. lack of investment, 2. investment inefficiencies, 3.) inadequate private sector involvement, 4. foreign exchange scarcity, 5. poor management incentives and 6. insufficient regional development. But all of these are defunct now. More investments are entering the region, thus, creating more growth in different sectors including the telecommunications.
Africans are not just the group beneficial of this growth, business firms are also absorbing something from it. Communication is a vital factor for one’s growth in business. It connects people and business. This is why telecommunication sector is another opportunity for people who have an interest of investing in Africa.
With the technology being introduced to the continent, a potential huge market is born. In no time, people will embrace these innovations. Instead of a luxury, it will become one of the primary needs, just like what happened to other countries. The demand for better communication will grow and everything else will follow.
What is the Importance of Telecommunications
Communication was one of the most important aspects of the development of human society and culture. Without it, so many things would not get done, people would be divided, and the world would not be like this. Telecommunications, signal transmission distance for the purpose of communication, it is also very important.
Telecom has a long and creative history. One of the first telecommunications, and possibly the first in fact, was the use of smoke signals. In the classical and ancient times, it was a very effective means of communication in a smaller, more rural world. Other old methods included the use of sound on things like drums and horns. Flags, lights and special towers were the use of optical telecommunications. Later, with the development of more advanced civilization and industrious society allow existing telegraph, radio, television, and eventually the Internet. .
Telecom provides a lot for the world. Commerce that telecommunications creates a nice little piece of the world gross domestic product. It provides business, money, and market stability in the world. It not only creates these things, as the product itself, it benefits and enhances the whole world market by creating a community of hard and allows faster response time and communication.
There is also a contribution to science, to consider. Development in telecommunications research and provides useful basis for other technologies. With the development and improvement of radio and an understanding of how to work the radio waves, the flight was one of the main benefits of telecommunications.
In a world of ever-growing one, and would not have been possible without telecommunications. As people move around the country and growing, more and more cities are developed around the world. In telecommunications, it made it much faster to send messages from one place to another. Direct contact of the messenger to the receiver is still used and is still used today in some places and certain places, but being able to send a message through large tracts of land without a physical journey that land allows messages to be received faster. That helped with such things as war, weather problems, geographical problems, sickness and health, and trade.
The impact that had on the telecommunications world is obvious. This is one of the main reasons why the world is so big and so helpful and knows a lot of questions. Telecommunications facilitates better awareness and human life. This helps to develop solutions and gather support for causes and issues in the world that makes the Earth a little closer and a little safer.
Teltac Worldwide is a leading provider of international voice connectivity and solutions to telecom related businesses. The company has a large presence in telecommunications in Africa where it has acquired expertise and know-how. They are providing top services for voice gateway. Teltac Worldwide caters to a wide-range of businesses including mobile operators, national regulatory entities, retail services vendors and system integrators.
Russian Telecommunications Market Moderate Forecasts For 2011
In recent years, the Russian telecommunications market has demonstrated strong growth, driven by the country’s continuing strong economic performance. Until 2009, Russia experienced more than ten years of GDP growth, which equalled 7% per annum on average. In 2009 with the changing environment on the external markets, Russian GDP dropped by 7.9%.
The slowdown in the purchasing power growth of the Russian population was evident even in 2008. While in 2007 real disposable incomes of households increased by 12.1%, in 2008 the growth amounted to only 4% and in 2009 this indicator remained almost at the level of the previous year. What is more, income levels vary considerably depending on the region. In 2010 the Russian economy has started to recover after the crisis period, however, current year-end forecasts for the GDP growth have been revised down and they now stands at around 3%. Forecasts for the telecommunications market are also cautious.
The value of the telecommunications services market in Russia amounted to EUR22.7bn in 2009, declining by more than 11% year-on-year. As measured in local currency the market was even able to report an increase of 4.2%, however, the growth rate was the lowest since 2000. Despite still growing (in terms of RUB), last year the worst-affected sector was the fixed-telephony market, which declined by 1.9% after 6.4% growth in 2008. By far better result was reported on the ISP market which went up by a third over the same period.
Currently PMR expects that the Russian telecommunications market will grow by 5.7% this year. In the next years the market will continue to be triggered by the growing demand for internet and data transmission services. PMR also predicts that the fixed-line telephony market will stagnate or decrease in the medium term and mobile telephony will grow at a rate of 2-4% per year.
The mobile telephony market in Russia, which currently represents more than a half of the market value, in the coming years will not be driven by adding millions of SIM cards (often distributed for free and active for a very short period), but rather by attracting customers to actively use the services. Non-voice and value-added services will continue to gain in significance and an increasing proportion of mobile carrier revenues will come from this source. In our opinion, the development of 3G networks will bring new growth opportunities for the market and their significant impact on mobile operators’ revenues will become visible in 2011-2012.
The fastest growth in the coming three years is expected on the ISP market. The sector will benefit strongly from a further expansion of broadband in the residential sector as well as a growing demand for data transmission services from the corporate sector. Factors behind broadband’s rapid growth will be the relatively low broadband penetration in Russia, decreasing tariffs and the development of new technologies in the market.
Conversely PMR assumes that the number of new installations of fixed-lines in the coming few years will not be significant. Despite the latest actions of the regulator aimed at improving fixed voice revenues by the increase of rates of local calls, PMR does not expect the fixed-voice market to return to growth. In our opinion, the market will stagnate over the short term and will decrease due to the strengthening effects of fixed-to-mobile substitution and a further erosion of DLD/ILD revenues (liberalisation and VoIP providers).
It is also worth noting that in line with the overall macroeconomic climate, investments in the development of telecommunication networks in Russia declined by more than a third last year. Most of the fixed-line ISPs halted regional expansion plans and even 3G networks were developing at a much slower pace than expected. In H1 2010, major providers of telecommunication services in Russia declared the recovery of the investment programmes, what will also make a positive impact on the industry in 2011. PMR expects the investments to grow by at least 30% in 2010, however, they will still remain lower than in 2008. “Investment budgets of the companies will depend not only on their current financial resources but also on available investment opportunities. One of those might be a tender for LTE network development” concludes Pawel Olszynka, PMR analyst and one of the report authors.
The press release is based on “Telecommunications market in Russia 2010. Development forecasts for 2010-2014”, a report published by PMR in the second half of 2010.
