Customer Satisfaction Survey Results from Portal Software Outpace Industry Averages
Portal Software, Inc. (Pink Sheets:PRSF), the premier global provider of billing and Revenue Management solutions for telecommunications and media markets, today announced that more than 85 percent of its customers intended to repurchase products and services, with 66 percent of customers looking to upgrade in the next 12 months, according to the latest Portal Customer Satisfaction Scorecard, a semi-annual customer survey conducted by CustomerSat. In contrast, a recent VanillaPlus Magazine and Yankee Group survey of 101 billing and IT executives from a broad range of carriers released in February 2006, found only 53 percent of carriers decided to continue with their current vendor and nearly 45 percent planned to expand usage of their current system, putting Portal’s results well above the industry average.
“Portal’s approach to Revenue Management is deeply rooted in its understanding of its customers’ business needs–scalability, time-to-market, ease of integration, and quick return on investment,” said Vidar Methi, Portal system manager at Telenor Mobile Nordic. “Portal is a valued partner in delivering strategic products and services that enable immediate solutions, and enable the rapid expansion of future profit-rich services to remain competitive in today’s marketplace.”
Additional results of the Portal Customer Satisfaction Scorecard found that Portal’s product quality, ease of configuration and integration, and innovative consulting services were the main drivers of the intent to repurchase. In response to product quality, more than 77 percent of customers surveyed found Portal’s product-based platform to be good or excellent, compared to the industry average of 67 percent of customers regarding their current solutions, as reported by VanillaPlus and Yankee Group. Likewise, more than 75 percent of Portal customers rated ease of integration as good or excellent, compared to the industry average of nearly 31 percent of customers.
“Portal continues its assault on the billing industry’s dirty little secret–poor customer satisfaction,” said Paul Hughes, vice president of billing and payment application strategies at Yankee Group. “With service providers facing an increasingly volatile market with competitors entering from every direction, billing and Revenue Management solutions will rise in prominence as a mission-critical and differentiating business weapon. As such, we have seen an increased willingness among service providers to shop for new solutions that best address today’s business climate.”
“We remain steadfast in our belief that customers should not be required to sacrifice market opportunity, business agility, or customer satisfaction in exchange for a functionally-rich solution tailored to their business,” said Dave Labuda, CEO of Portal Software. “We’re pleased that Portal’s customer satisfaction remains above the industry average, and are committed to improving upon it.”
Methodology
The Customer Satisfaction Scorecard is conducted by CustomerSat, the leading provider of enterprise solutions for measuring, analyzing, and managing enterprise-wide action responding to real-time customer feedback. The survey is designed to offer insight into Portal customers’ experiences in the continued effort to provide superior billing and Revenue Management solutions and support programs to the wireless, broadband and content services markets. CustomerSat surveyed 120 technology support, business owners, and executives, representing over 80 Portal customers. The survey was conducted online during November 2005. Portal has measured its customers’ satisfaction at 15 intervals over the past 7 years.
About Portal Software, Inc.
Portal is the leading worldwide provider of billing and Revenue Management solutions for the global communications and media markets. The company delivers the only platform for the end-to-end management of customer revenue across offerings, channels, and geographies. Portal’s solutions enable companies to dramatically accelerate the launch of innovative, profit-rich services while significantly reducing the costs associated with legacy billing systems. Portal is the Revenue Management partner of choice to the world’s leading service providers, including Vodafone, AOL Time Warner, Deutsche Telekom, Telstra, NTT, China Telecom, Reuters, China Mobile, Telenor Mobil, and France Telecom.
Related Articles:
- Mycom Performance Management Software contributes to O2’s No.1 J.D. Power Ranking in Customer Satisfaction Survey for Mobile Broadband Mycom, a leading global provider of best-in-class OSS Service Assurance software solutions and innovative ICT professional services to the telecoms industry, recently congratulated leading UK operator, O2, on their No.1 ranking in the recent J.D. Power Customer Satisfaction Survey of UK Mobile and Fixed Broadband. J.D. Power and Associates latest customer satisfaction survey of UK Mobile [...]...
- TM Forum Survey Indicates Reason for Lower Revenue Assurance Maturity cVidya Networks, a leading provider of Revenue Assurance and Dealer Management solutions, announced today the findings of a recently released Revenue Assurance Maturity Survey conducted by the TM Forum. The survey included 33 participants representing 26 countries with a subscriber base ranging from less than 500K to more than 10M. The survey focused on five [...]...
- Convergys Receives Awards of Excellence from Customer Interaction Solutions Magazine Convergys Corporation (NYSE: CVG), a global leader in relationship management, has told OSS News Review that Technology Marketing Corporation (TMC) has honored Convergys with two Awards of Excellence from Customer Interaction Solutions Magazine, the leading publication in CRM, call centers, and teleservices since 1982. TMC honored the Convergys Interaction Portal with the 2009 Speech Technology [...]...
- Comptel Poll: Telecom Industry Eyes Potential of Economic Recovery A recent poll, conducted by Comptel Corporation (OMX Helsinki: CTL1V), the leading vendor of dynamic Operations Support System (OSS) software, found the majority of communications service providers (CSPs) to be upbeat about the economic potential of the telecom sector. Eight out of ten respondents are already seeing the market withstanding the downturn, and expecting growth [...]...
- Amdocs Continues to Demonstrate Leadership in Customer Experience Systems for the Cable Broadband Industry Amdocs (NYSE: DOX), the leading provider of customer experience systems (CES), demonstrates its ongoing innovation in support of the broadband cable industry at The Cable Show. Amdocs is showcasing a prototype of its tru2way (interactive digital cable services delivered over the cable video network) technology as part of the prestigious CableNET Technology Showcase. Amdocs also [...]...
- HP Helps Telecoms Manage the Customer Experience with New Operations Support Systems Software HP is introducing three software solutions to help communications service providers manage the customer experience to create greater loyalty, especially among high-value customers. As part of the HP Next-Generation Operations Support Systems (HP NGOSS) portfolio, the service assurance solutions enhance the quality of the customer experience by ensuring that all paid-for services are actually [...]...
- WiMAX Forum to publish monthly industry research report The WiMAX Forum® has announced the availability of the first WiMAX Forum Industry Research Report at the WiMAX Forum Congress Asia in Singapore April 28-29, 2009. The monthly report offers a summary of primary and secondary research and includes the latest updates on WiMAX Forum-tracked statistics, product certification, regulatory information, technology standards, industry news and [...]...
- Customer Centricity is the way forward for CSPs: Frost & Sullivan The 3rd annual Frost & Sullivan OSS/BSS Asia Pacific summit kick-started today in Singapore. The two day summit which will host senior members of Asia Pacific telecom industry will combine a rich mix of practical implementation successes along with analyst insights from global market research. Manoj Menon, partner and managing director for Asia Pacific at [...]...
- J:COM Chooses Amdocs for Customer Management Amdocs (NYSE: DOX), the leading provider of customer experience systems, has announced that Jupiter Communications (J:COM), Japan’s largest multi-play service provider, has selected Amdocs for customer management and will upgrade its Amdocs billing system to address its future growth and manage billing for multi-play products and services. In addition, Amdocs will continue the partnership with [...]...
- TM Forum Takes Pole Position to Help Industry Tackle Recession TM Forum, the world’s premier industry group focused on business effectiveness for the communications and media sectors, today announced results for the financial year ending March 31, 2009. For the fifth consecutive year, the international not-for-profit organization has achieved revenue and membership growth of more than 25%. The results show an organization well placed to [...]...










