ROC Asset Assurance is the first-of-its-kind solution which helps telecom operators to save millions of dollars in network CAPEX.
ROC Asset Assurance helps telecom operators to improve their EBIDTA and generate free cash flow by repurposing existing assets.
The solution reduces manual audits by 40-60%, improving audit and regulatory compliance of telecom operators.
ROC Asset Assurance ensures that the Fixed Asset Registry (FAR) is up-to-date with the assets in the network enabling savings on taxation & insurance.
The solution provides an end-to-end asset lifecycle management solution from asset procurement till decommissioning.
Savings on network operations of Assets increases the operating efficiency of networks.
Telecom operators across the globe have a major issue reducing their network capital expenditure (CAPEX) with huge investments being made on new network infrastructure for advanced telecom services like LTE / 4G, IPX, SDN, NFV etc. According to a leading analyst and consulting firm OVUM, telecom operators worldwide are expected to spend USD 2.1 Trillion in CAPEX between 2014 and 2019, driven by tougher competition and the rise of new networking technologies.
According to tmforum Network Asset Management survey, operators spend up to 20% or USD 65 Billion/year more in network CAPEX. The crux of the problem is operators do not have an accurate picture of assets in inventory or network and also utilization of these assets.
Financial stakeholders across the telecom industry face major challenges with Audit & Regulatory compliance and validating CAPEX requisitions. Network stakeholders are concerned about having accurate visibility of networks and optimising network OPEX while improving efficiency of network utilization.
ROC Asset Assurance is first-of-its-kind Telecom Asset Lifecycle Management solution which provides framework and controls to manage network CAPEX efficiently. The solution ties the financial parameters of the assets to its current utilization and location, creating a 360 degree view of the asset, generates accurate reports for audits and calculates return on assets.
Bridging the gap between network and finance functions, ROC Asset Assurance uses a state-of-the-art network intelligence for:
- Knowing what you have (Knowing what assets you have and its utilization).
- Measuring what you have (Setting up controls to monitor assets location and utilization).
- Optimising what you have (Asset optimisation leading to CAPEX and OPEX efficiency).
In addition it simplifies field audits, provides near real-time capacity views, recommendation to optimise network utilization and optimises P2R (Plan-to-retire) and cash-to-cash cycle for assets and improves overall operational efficiency.
Subex is leading TM Forum Asset Management team, which was launched in 2013. This team has initiated a very ambitious project in the last few months, to bring standards into the Network CAPEX and Network Optimisation practices within operators globally. With multi-billion dollar network CAPEX budgets across operators, and a multi-trillion dollar industry spend annually, the Asset Management project at TM Forum has turned attention to creating processes, controls, and ultimately program standards and recommendations to help optimise the biggest capital spend line item in every operator's budget today: Network Investment.
Subex lead the Asset Management Catalyst at the recently concluded TM Forum Live! in Nice. This Catalyst demonstrated a comprehensive, repeatable and scalable approach to understand and effectively manage all facets of network asset management, including procurement, consumption, rate of change and retirement.
The Asset Management project has created the first ever operator asset management survey to understand network CAPEX planning and budgeting activities across different operators, managing different networks, across every region in the world today. The understanding, commonalities, differences, and challenges faced by operators will all be captured, and results and insights produced in a final analysis that should prove highly valuable to both Network and Finance organizations globally.