
Market
Billing
Company
Opencell
Date
Opencell
Letter grades are assigned based on scoring quartiles for the most recent ratings in any given market: A (4th quartile), B+ (3rd quartile), B (2nd quartile), and B- (1st quartile).
SCORE: 43
MGI 360 Ratings provide independent scoring of technology suppliers on a scale of 0-100.
PEER AVERAGE: 54
OUTLOOK: Neutral
LETTER GRADE*
B-SCORE**
43PEER AVERAGE
54OUTLOOK
NeutralSummary
We update the MGI 360 Rating for Opencell Software in Agile Billing to 43 and maintain a NEUTRAL analyst outlook. Opencell is one of the very few open-source oriented billing solutions available in either a hosted (via Docker) or an on-prem configuration. Currently there is no option for a multitenant SaaS version. Opencell is a modern billing system with sophisticated features aimed at complex enterprise organizations. The company gained initial customer adoption in France and other EU countries, often displacing larger incumbent vendors and inhouse developed systems. Product capabilities include quick time mediation, sophisticated rating and billing, support for channel partners, revenue splits, and commissions management. The product includes select functionality (e.g., a customer care module) traditionally found in a legacy billing system. The company has founder led management and a growing roster of technology and service provider partners. Opencell is investing heavily in product
development, and recent enhancements include: dunning and AR functionality, financial and accounting improvements (including multicurrency and multibalance reporting), and a vastly improved UI. It is moving toward a multi-tenant architecture and plans to modularize its offerings and introduce ARM and integrated financial reporting in future updates. Customer satisfaction is generally very high, due in part to very
favorable pricing and terms. Company is growing its channel sales, with a number of EU SI’s selling and supporting the solution. Visibility, scalable sales, and product fit and finish are areas for improvement.
Ideal Use Case
Mid to large EU based organizations requiring medium to high complexity and billing volumes with projects driven by IT teams that embrace the open-source model.
Company Description
Opencell is one of a few open-source providers of billing solutions. It is marketed via a direct channel and supported by a handful of EU systems integrators. The company raised 9 Mil euros, has about 60 employees, and over 30 well known reference customers across a range of segments including loT/M2M, Utilities/ Energy, Telecommunications, Transportation, High Tech, and B2B Services.