LotusFlare DNO Cloud will power the MACE
Service Enablement Platform (SEP) to support the monetization of
APIs.
SANTA
CLARA, Calif., July 1, 2024
/PRNewswire/ -- LotusFlare, Inc. announced today that it has
signed an agreement with Deutsche Telekom to provide the
underpinning platform for the advancement of Deutsche Telekom's API
capability for its Group companies. Deutsche Telekom will
employ LotusFlare DNO™ Cloud as the cloud-native
commerce and monetization engine to enable the onboarding of
developers, publication of API products, their purchase, metering,
and billing.
The partnership will enable Deutsche Telekom to deploy advanced
monetization capabilities for the MagentaBusiness API service.
This will allow developers and business customers to embed
communication functions like video, voice, messaging and other
capabilities into their products, applications, and workflows.
MagentaBusiness APIs will lower the barriers to entry for network
APIs and make the service available to small and medium enterprises
as well as large corporate customers.
LotusFlare is an active participant in the GSMA Open Gateway,
TMForum Open API (operator API), and the CAMARA Project,
positioning itself at the cutting edge of assisting communications
service providers (CSPs) to monetize their 5G networks through API
exposure. The LotusFlare DNO Cloud as an API marketplace offers
CSPs dynamic go-to-market channels, delivers a top-tier developer
experience, and supports versatile monetization options.
"With Deutsche Telekom's MagentaBusiness API service we are
exposing our network capabilities for customers and developers to
create new ways to generate value for their business," said
Peter Arbitter, Senior Vice
President of MagentaBusiness API
(MACE), Deutsche Telekom. "LotusFlare's advanced
monetization engine is allowing us to make the experience seamless
for developers through simple self-service access and payment."
"We are delighted to be chosen by Deutsche Telekom as the
technology partner for API monetization. Deutsche Telekom's new
Service Enablement Platform (SEP) will accelerate its
market-leading position in the API economy," said Sam Gadodia, CEO and Co-Founder of LotusFlare.
"LotusFlare is proud to partner with Deutsche Telekom and looks
forward to continuing to simplify technology and customer
experience."
About LotusFlare
Based in the heart of Silicon Valley,
LotusFlare's mission is to design, build and continuously advance a
digital commerce and monetization platform that simplifies
technology and customer experience to deliver valuable outcomes to
enterprises. Developed from "customer experience down", LotusFlare
DNO™ Cloud is a cloud-native business support system (BSS) for
communications and media services providers, helping them achieve
valuable outcomes, including the launch of new digital brands,
creation of marketplaces to monetize APIs and 5G network assets,
delivery of eSIM customer experience, the rollout of new digital
fiber business and simplification of virtual network services.
LotusFlare serves T-Mobile, Globe Telecom, A1 Group, Deutsche
Telekom, Singtel, CelcomDigi, Digicel and other leading
communications and media services providers. LotusFlare is the
creator of Nomad, the innovative connectivity marketplace for
international travelers powered by eSIM.
LotusFlare News: https://lotusflare.com/news/
LinkedIn: https://www.linkedin.com/company/lotusflare
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SOURCE LotusFlare