Deutsche Telekom and LotusFlare have entered into an agreement to enhance Deutsche Telekom's API capabilities across its Group entities.
Under this partnership, Deutsche Telekom will leverage LotusFlare’s DNO Cloud, a cloud-native commerce and monetization platform. This platform will facilitate developer onboarding, API product publication, purchasing, metering, and billing processes.
The collaboration will empower Deutsche Telekom to implement sophisticated monetization features for its MagentaBusiness API service. This initiative will enable developers and business clients to integrate communication functionalities such as video, voice, messaging, and other features into their products, applications, and workflows. MagentaBusiness APIs aim to reduce entry barriers for network APIs, extending accessibility to small and medium-sized enterprises alongside large corporate customers.
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LotusFlare is deeply engaged in industry initiatives such as the GSMA Open Gateway, TMForum Open API (operator API), and the CAMARA Project, placing itself at the forefront of aiding communications service providers (CSPs) in monetizing their 5G networks through API exposure. The LotusFlare DNO Cloud serves as an API marketplace, providing CSPs with agile go-to-market channels, enhancing developer experiences, and offering flexible monetization capabilities.
"With Deutsche Telekom's MagentaBusiness API service, we are exposing our network capabilities for customers and developers to create new ways to generate value for their business," stated Peter Arbitter, Senior Vice President of MagentaBusiness API (MACE), Deutsche Telekom. "LotusFlare's advanced monetization engine is allowing us to make the experience seamless for developers through simple self-service access and payment."
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"We are delighted to be chosen by Deutsche Telekom as the technology partner for API monetization. Deutsche Telekom's new Service Enablement Platform (SEP) will accelerate its market-leading position in the API economy. LotusFlare is proud to partner with Deutsche Telekom and looks forward to continuing to simplify technology and customer experience," expounded Sam Gadodia, CEO and Co-Founder of LotusFlare.
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