NXT:FWD provides a Mobile Data Monetization SaaS platform designed for telecommunication operators. This solution enables operators to grow ARPU and margins through targeted, segmented mobile data offers and dynamic pricing strategies. The platform also focuses on minimizing customer churn by enhancing end-user engagement and loyalty through flexible data purchasing options.
Funding
$210K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Mobile network operators face challenges in growing revenue and profitability due to complex, unclear, and inflexible data plans. They lack the tools to differentiate their offerings beyond price, leading to commoditization and hindering their ability to maximize the value of their mobile connectivity assets.
Solution
NXT:FWD offers a mobile data monetization SaaS platform that enables telecom operators to create and market tailored data offerings using time-based pricing structures. The platform provides a white-label, omni-channel engagement app that allows end-users to purchase simple time chunks for instant activation. Operators can create and target new products, offers, and marketing messages in real time, optimizing resource utilization and investments through use cases like traffic shaping. Real-time actionable analytics drive growth and enable value-based pricing, resulting in higher margins and improved customer satisfaction.
Target Audience
The primary target audience includes mobile network operators seeking to increase revenue, improve margins, minimize churn, and enhance customer engagement through flexible and targeted data monetization strategies.
Features
- Branded omni-channel engagement app for instant activation of data plans
- Flexible cloud server turning time into 20+ use cases and open APIs
- Versatile operator portal for creating new products, targeted offers, and AI-powered support
- Real-time actionable analytics with AI-powered recommendations
- Tech and vendor-agnostic cloud overlay extending reach and flexibility of existing operator infrastructure
- Dynamic pricing and traffic shaping capabilities for impactful seasonal offers and off-peak revenue growth
- Loyalty rewards and free data targeting to prevent churn and maximize customer lifetime value
- Web-based portal for care teams to address end-user issues with easy access to user status and history