cVidya Networks Wins the World Billing (BIMS) Awards 2008

8:42 am   -   July 21st, 2008

Awarded for the best Revenue Assurance and Management Project deployed in 2007

cVidya Networks announced that it won the World Billing Awards 2008 in the Best Revenue Assurance and Management Project category at Billing & Information Management Systems (BIMS) 2008. The candidates were evaluated based on their effectiveness to enhance data quality and business processes that improve profits, revenue, and cash flow.

The firm was awarded this recognition for deploying its MoneyMap®/Configuration and MoneyMap®/ Rating and Billing Verification solution within the RA Center of Excellence at the British Telecom group, demonstrating a strategic and comprehensive RA program covering all business units of BT, and handling both the business aspects and the operational day-to-day challenges of Revenue Assurance.

This organization has won this award while competing against deployments that were initially shortlisted such as ECTel’s implementation at AT&T, Connectiva systems at Etisalat Egypt and Carphone Warehouse. Winning this award reaffirms cVidya positioning as a leader and an innovator in the Revenue Assurance arena.

“We are honored to receive this prestigious award that recognizes cVidya’s tremendous achievements during this year,” commented Alon Aginsky , CEO of cVidya Networks. “We are delighted to share this winner’s award with BT.”

He continued, “We believe that cVidya’s deep understanding of BT’s business processes and challenges along with our strong partnership allowed us a successful deployment of cVidya advanced tools while supporting BTs end-to-end RA approach.”

About cVidya Networks

cVidya Networks is a global leader and innovative provider of Telecom Revenue Assurance Data Integrity and Dealer Management products.

The firm’s suite of comprehensive Revenue Assurance solutions assists fixed, mobile, and triple-play communication service providers (CSPs) to continuously improve their bottom line results.

The organization’s innovative and flexible product, MoneyMap®, provides a unified platform for implementing Process Aware Revenue Assurance solutions, Data Integrity, Risk Management and Rating & Billing Verification within legacy and new service environment, over all types of networks, OSS and BSS.

MoneyMap®’s solutions and cVidya’s highly skilled professional services teams have a proven track record of achieving rapid ROI with major operators, including British Telecom, Telefonica, Cable & Wireless, Telecom Italia, Colt and Bezeq.cVidya has offices in EMEA, APAC , North America and South America.

They received the Red Herring 100 Europe Award for 2006

For more information, please visit their website: http://www.cvidya.com



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