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RA930: Revenue Assured Architectures for New Product Development

Learn how to add value to the new product development process with revenue assurance disciplines and insights! 

Make revenue assurance an important part of new product development at your company!

This class provides the student with a comprehensive review of the many different ways that revenue assurance teams around the world are adding value to their companies new product development process through the integration of sound revenue risk management and clear, well integrated revenue management techniques into their processes.

Learn how to approach, sell, implement and successfully add value to this, the most critical of the telco operational domains.

Duration: 1 day

Who Should Attend?

bulletRevenue Assurance managers and analysts interesting in assisting in the new product development process
bulletNetwork engineers and I/T personnel interested in learning how to supplement the new product development process with RA perspectives and tools

Overview:

One of the biggest keys to the success of a telecommunications company is the ability to quickly integrate new technologies into their infrastructure, and then create new services, partnerships and business models to make them successful. Because of this, the development of new products and services is a process that is often managed with speed as the main objective. Unfortunately, as the speed of deployment increases, there is often a concomitant increase in the risk to revenues as well.

While the inclusion of revenue assurance expertise is critical to profitable and successful new product development, it requires a special perspective and a special set of tools to participate in the process and add value without slowing things down. In this class, we cover the fundamentals of how new product development is managed in the telecom industry, what the key revenue risk issues are, and how to integrate your RA into the product development process.

 Key Concepts include:

Understanding the Product Development process

bullet Telecoms product development , issues and concepts
bullet Product development benchmarks and statistics
bullet Keys to successful new product development

 The role of RA as part of the new product development team

Learn about the key ingredients to success in the development of new products.

Develop an appreciation for the entire new product development lifecycle including:

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Conceptualization

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Technical Feasibility

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Initial product and service design

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Technical integration and systems architecture

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The development of alternative pricing / market models

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The development of alternative service level / pricing models

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Negotiation for terms, conditions and risk assessment for partnerships

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Analysis of the "rights of exchange" and the concept of "equivalent value exchange" when negotiating partnership programs

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Assuring the partnership and related accounting

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Participation in the price modeling process

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Participation in business model development

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Participation in the architecture design process

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Participation in the partnership settlement process

Key disciplines associated with RA participation.

bullet Product success assurance
bullet Product market assurance techniques
bullet Market and product research methodology
bullet Revenue stream assurance
bullet Pricing models – how to make them, how to use them
bullet Bundling dynamics and bundling models
bullet New Product Risk Assessment Techniques
bullet End to end new product risk audits

Understanding and Development Price Models and the Price Modeling Process

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Getting market size estimates

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Development a market penetration model

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Getting price/feature/function data

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Developing a price penetration model

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Turning your model into a revenue forecast

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Documenting your assumptions, tradeoffs

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Quantifying the revenue risk

Understanding and Participation in Business Model Development

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Understanding the major categories of product / service business model development and the risk profiles associated with each
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Interconnect models

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Shared Revenue

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Portal / Pipe

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Foreign Agent

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Trusted Agent

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Roaming

Understanding and Participation in Product / Service Architectures

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Understanding the major categories of product / service business model and their relationship to the business model

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Major service architecture models
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WAP Architectures

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SMS

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MMS

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GPRS

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UMTS

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Prepaid

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Pass-through

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Gateway / Server

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Portal

Integrating RA into the product development process

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Becoming part of the product development team

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The "rules" of product development

Making RA value surpass the costs

 

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