Financial Technology

Financial Technology

December 21, 2012

CoroWare Announces Billing Integration Framework

Like many other cloud based services, cloud based billing services are gaining in popularity with users. Cloud billing allows users to generate bills from the resource usage data. Cloud billing covers functional needs such as a quote service, conversion functions and policies. It also covers non-functional needs such as safety, standards, scalability, and fault tolerance.

CoroWare Technologies has unveiled CoroWare Billing Integration Framework for Accumulus and Vidyo (News - Alert). These solutions provide highly scalable and inexpensive cloud-based billing solutions to conference service providers.

CoroWare Billing Integration Framework for Accumulus and Vidyo brings together Accumulus' subscription commerce platform along with Vidyo's high definition videoconferencing platform.  This scalable solution allows service providers to monetize their videoconferencing services and help them to cater to the demands of quickly changing pricing plans, customer needs, and reseller business models.

With its personal telepresence product, Vidyo offers enhanced video quality for both endpoint products and infrastructure based on its open standards video communications and collaboration platform. The company continues to sphere head innovation in video communications and collaboration and improves the value of its platform for its customers.

CoroWare (News - Alert) Billing Integration Framework for Accumulus and Vidyo gives service providers an affordable and flexible billing solution for creating a wide range of videoconferencing subscription plans," said Mike Searcy, director of enhanced collaboration sales at CoroWare.  "This solution offering further expands CoroWare's range of products and services that help enterprise and service provider customers affordably deploy high definition videoconferencing solutions worldwide.”

Recently, the company added VidyoReplay recording and webcasting features to its CoroCall Business Class HD Video Conferencing service. CoroCall Business Class HD Video Conferencing users can record their Vidyo conference sessions for a monthly subscription fee by expanding its features with VidyoReplay. It provides features such as the ability to simply and inexpensively record and webcast high-quality, HD Vidyo conferences.

Edited by Stefanie Mosca

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