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TMCNet:  Oracle introduces new rating and balance management engine

[October 05, 2012]

Oracle introduces new rating and balance management engine

Oct 05, 2012 (Datamonitor via COMTEX) -- Oracle Corporation has announced the availability of the Oracle Communications Elastic Charging Engine, a 100% real-time rating and balance management engine designed using patent-pending technology to process high-volume, next-generation communications services with unprecedented performance and efficiency.

Oracle Communications Elastic Charging Engine can process more than three billion events per hour on a single Oracle Exalogic Elastic Cloud system. At this level of performance, the Oracle Communications Elastic Charging Engine is capable of rating and charging every phone call made in the world each day in real-time, the company said.

Oracle Communications Elastic Charging Engine is built on Oracle Coherence an in-memory data grid solution enabling distributed computation, parallel transactions, and event processing. Oracle's solution enables CSPs to scale charging capacity by distributing processing and data across multiple processors for very high-volume and complex communications services.

Oracle Communications Elastic Charging Engine exhibits high performance with low latency and provides virtually unlimited scale. The solution processes all rating events rapidly by co-locating data and processing logic within cluster nodes; if one node goes down, the data already exists in backup in another. It provides automatic high availability through the low level replication of data and process. In a separate performance test using a database of 400 million subscribers, Oracle Communications Elastic Charging Engine processed 500,000 events per second with an average latency of only three milliseconds, the company added.

According to the company, the solution can install in less than ten minutes and is built to run on hardware from commodity hardware to blade servers, allows CSPs to perform zero-downtime upgrades, extends the Oracle Communications Billing and Revenue Management solution with new charging capabilities, integrates with existing applications through open, standards-based interfaces and is pre-integrated with Oracle Communications Pricing Design Center to further streamline product and service introduction, and enables centralized management through a single management console with Oracle Enterprise Manager.

"This next evolution of the Oracle family of rating and charging solutions is an exciting step forward for communications service providers. It enables both large and small operators to scale their billing systems to support next-generation communications services, including data-intensive and machine-to-machine transactions. The 100% online rating and balance management solution provides CSPs with the extreme performance they require to meet consumer demands," said Bhaskar Gorti, senior vice president and general manager, Oracle Communications.

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