CSG teams with Arrow Electronics to monetize Internet of Things

Wednesday September 13, 2017 0 comments Tags: Englewood, CSG Systems International, Arrow Electronics, Aiden Mitchell, IoT, Ian Watterson, Ascendon platform

ENGLEWOOD -- CSG Systems International, Inc. (NASDAQ: CSGS) announced a new agreement with Arrow Electronics to enable quick launch and monetization of solutions across the Internet of Things (IoT).csg-logo

The IoT includes a network of Internet-connected objects such as smart home devices, wearables and vehicles that collect and exchange data using embedded sensors.

Under the agreement, CSG will team with Arrow as part of an IoT ecosystem of companies that work together to create, connect and monetize IoT devices and their interactions.

“At Arrow, we support all the building blocks for IoT, from the sensory edge to data connectivity to cloud-based platforms,” said Aiden Mitchell, Arrow’s VP of IoT global solutions.

“With the deployment of Low-Power Wide-Area Networks (LPWAN) optimized for IoT, we are able to support our clients with integrated solutions that move the data they need from deployed products and assets. 

“They can realize the value of their data in efficiency gains, new services and great experiences for their customers. The CSG Ascendon platform allows us to provision our clients’ solution on the network and provide global billing services with a great device management experience.”

Arrow said it will leverage the Digital BSS (Business Support Systems) capabilities of CSG’s Ascendon digital service platform to quickly launch IoT products and services, and configure and monetize revenue-sharing models among partners in the IoT ecosystem.

CSG will deliver Ascendon as a managed service to support Arrow’s large customers with comprehensive settlement capabilities as well as web-based self-care to support on-boarding, product ordering, self-management and role-based security profiles for business customers.

“The IoT includes an increasingly complex web of partners and device ecosystems,” said Ian Watterson, VP of CSG.

“Together, CSG and Arrow will provide a simplified way to deliver any IoT business model, and put into place the processes and systems needed to drive revenues from device interactions.

“As the IoT rapidly continues to grow and define itself, Arrow and CSG will deliver the flexibility that businesses need to build successful and profitable IoT business models.”