Oracle's new product for telcos

IT & Telecom Desk
Oracle recently announced the availability of the Oracle Communications Elastic Charging Engine, a 100 per cent real-time rating and balance management engine. It is designed using patent-pending technology to process high-volume, next-generation communications services with unprecedented performance and efficiency. The 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. Oracle Communications Elastic Charging Engine is built on Oracle Coherence a leading, in-memory data grid solution enabling distributed computation, parallel transactions, and event processing. Oracle's solution enables CSPs to dynamically scale charging capacity by distributing processing and data across multiple processors for very high-volume and complex communications services.