Ecosystem Management and Monetization

Embrace the open economy – adopt new business models and increase revenue sources. Become a true value aggregator through collaboration and co-innovation.

Why SunTec Xelerate?

SunTec’s Ecosystem Management and Monetization on the SunTec Xelerate platform enables financial services, telecom, travel and insurance organizations to embrace the open economy and use it to their advantage. It helps organizations transform from utility providers to value aggregators. Organizations can expand their products and services by collaborating with external partner ecosystems, providing innovative solutions, adopting new business models and maximizing revenue by delivering true value to their customers. Managing and monetizing ecosystems can yield powerful benefits for organizations. These include creating differentiation, driving innovation and improving profitability. SunTec’s Ecosystem Management and Monetization achieves this through end-to-end management, monitoring, and monetization capabilities across the partner and the customer value chain. The solution is pre-packaged with powerful features that help organizations to leverage the true potential of the open economy.

Features

End-to-end Partner Management

API-based end-to-end partner life cycle management from on-boarding to financial settlement

Multi-business Models Support

Support for organizations in different roles – as producers, distributors, co-innovators, aggregators, etc.

Holistic Product Catalog

Manage third-party products and services as part of the centralized, holistic catalog

Automated Revenue Settlement

Automated and controlled computation and settlement of revenue share across the value chain

Experience Design Capabilities

Visualize the entire customer buying experience. Enable product managers to create innovative offers using products from a partner ecosystem

Monitoring Capabilities

Track and analyze patterns, volume and frequency of usage. Get real-time insights on revenue, cost and profitability across the partner ecosystem

Benefits

• Build a partner ecosystem to offer complementary products to customers and own the customer value chain
• Co-innovate for customer-centric offers ensuring customer retention and growth
• Add new business models for additional sources of revenue
• Manage external products within your enterprise product catalog
• Leverage insights to cross-sell innovative offers to customers
• Monetize APIs which are accessed by third-party partners
• Customized plans for API monetization based on partner profiling