The New Nation - Internet Edition

IT Desk Report

Oracleâ has been awarded two Billing & OSS World 2008 Excellence Awards recently at the Billing & OSS World Conference and Expo in Chicago.

The annual awards have recognized Oracle's Communications Billing and Revenue Management (CBRM) as the Best Revenue Management Solution. It has also recognized the Oracle Communication and Mobility Server (CMS) as the best new product.

Oracle CBRM provides a single platform to manage revenue in real time across any customer type, network service, payment method, business model or geography. It helps rapid conversion of transactions into revenue. "Oracle is honored to receive the Billing & OSS World Excellence Awards for Oracle CBRM and CMS, said Bhaskar Gorti, senior vice president and general manager, Oracle Communications.

These prestigious awards are a testament to Oracle's commitment to developing the industry's most compelling and fully featured communications application suite, he added added.

The multi-service, real-time nature of the platform enables communications service providers (CSPs) to quickly roll out cutting-edge next-generation services to the market, and to reduce revenue leakage by helping ensure all usage and charges are rated and recorded properly. Billing & OSS World received more than 90 submissions for the awards, and a select judging panel of experts from the billing and OSS community narrowed the field to three finalists for each of eight categories.

Oracle is number one in communications globally with 20 of the world's top 20 communications companies running Oracle applications. Oracle Communications integrates industry-specific BSS and OSS solutions with the capabilities of Oracle's industry-leading enterprise applications, business intelligence tools. For more information, visit .