cVidya Opens Chicago Illinois Office

8:19 am - February 27th, 2008

cVidya Networks, a global leader of telecom data integrity, revenue assurance, and dealer management systems, has opened a new office in North America . The Chicago office will manage and coordinate all sales activities in the region and will be headed by Timothy Quinn.

cVidya has recently expanded its activities in the Americas region with several key account wins in Latin America during 2007. The US office will provide further support for securing new clients in the North American region by providing local sales support, and support for cVidya partner programs.

Timothy Quinn has vast experience in the OSS/BSS market place, and has had great success in building long term customer relationships by understanding the business drivers of communications providers and satisfying complex requirements with end user focused solutions.

“We are excited to see the rate of awareness for Revenue Assurance is growing not only in the North American region, but also worldwide” said Alon Aginsky CEO and Founder of cVidya Networks. “We have already seen a growing interest in RA solutions for new technologies being introduced both in wireless and fixed line operators. We believe that the new US office will allow us to better meet the demands of the challenging and rapidly expanding market in North America. ”.

About MoneyMap
Implementing cVidya’s MoneyMap® Revenue Assurance Solution enables operators to correlate and consolidate information from all networks, operations and business systems. Through an ongoing process, it automatically detects problem areas in which profit margins are decreasing as a result of revenue leakage, data inconsistencies or resources that are not being used efficiently, leading to substantial revenue loss. Once MoneyMap® identifies the areas of revenue leakage and resource inefficiency, it provides the user with intuitive tools to promptly correct and manage the problems to achieve profit maximisation.

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

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

cVidya’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 Cable & Wireless, Telecom Italia, Colt, Telefonica and Others.

cVidya has offices in EMEA, APAC and South America .

cVidya received the Red Herring 100 Europe Award for 2006

For more information visit http://www.cvidya.com