Monetization and billing solution
Connected mobility and its associated business models require a centralized solution for managing key aspects such as subscriptions, payments, risk management, billing, and accounting. Our client tasked us with the development of a comprehensive billing platform to integrate these essential functions. valantic delivered a robust and convincing solution, quickly leading to initial successes.
Challenge
The rise of connected vehicles has introduced new business models that require a specialized digital billing platform.
Consulting approach
Based on the user journey and a UI/UX frontend mock-up, valantic developed a prototype, which was further refined into a pilot product featuring an integrated financial solution.
Client benefits and solution
The pilot achieved early successes, leading to a compelling investment proposal and a board pitch that secured follow-up budgets. Additionally, a scalable, agile product development blueprint was established, laying a strong foundation for future innovation projects.
The Challenge in Detail:
Connected mobility is evolving at a rapid pace, giving rise to new data-driven services and business models centered around connected vehicles. Our client tasked us with the development of a billing platform to support these emerging business models. As a centralized solution, the platform needed to include all key functions: subscription, payment, risk management, billing, and accounting.
Solution & Results in Detail:
Our journey to a state-of-the-art monetization and billing solution involved the following key steps:
Solution and Client Benefits:
The convincing and fully functional pilot has already resulted in initial customer successes. The prototype development and market validation generated valuable insights.
A compelling investment proposal and a successful board pitch secured the follow-up budgets needed for further development. Additionally, a scalable, agile product development blueprint was established, providing a foundation for future innovation projects and delivering long-term benefits to the client.
Johannes Eckart
Managing Director