Kognitio and RateIntegration Allow Telcos to Maximize Revenue with New Pricing Appliance
Kognitio, a leading provider of solutions to business problems that require acquisition, rationalisation and analysis of both large and complex data and RateIntegration, the leading providers of Revenue Lifecycle Management solutions, have recently announced the general availability of Pricing Appliance v2.0, the enhanced, telecom operator-focused version of the sophisticated rules-based pricing engine.
Pricing Appliance v2.0 is a flexible price-modelling and analysis appliance which enables telecom operators to load, explore and analyse full volumes of business-time and historical data. Ideal for tariff design, margin and cost analysis, product and customer profitability analytics and revenue assurance, Pricing Appliance allows users to achieve business goals such as maximising revenue and margin at a significantly lower cost of ownership than other solutions.
‘Pricing Appliance 2.0 is good news for both business users and the IT department: the former are enabled to run price modelling and analysis queries directly and more freely, while the latter can reclaim valuable time, giving organisations the power to drive profitability’ said Roger Llewellyn, CEO at Kognitio. ‘Whether you need to analyse cost and revenue assurance, repricing and modelling, or profitability Pricing Appliance is the most effective tool for the job.’
‘We are thrilled to be working closely with Kognitio to combine the analytical power and throughput of WX2 with RateIntegration’s PriceMaker Enterprise Pricing Server,’ said Thomas Thekkethala, CEO at RateIntegration. ‘In the telecom space profits are generated by the sum of billions of small amounts and hence operators need to be able to test proposed pricing structures on real data not just a fraction of it. Pricing Appliance allows them to easily and quickly run new tariff tests on full data volumes thus giving them the full and true picture.’
Examples of benefits already generated by Pricing Appliance include:
· Modelling: a leading UK telecom operator saved £40M over three years;
· Customer pricing: leading EU telecom operator generated additional €28M per year;
· Modelling ‘bundles’: a tier 1 quad-play telecom operator realised a €12M revenue increase;
· Assurance/audit: a leading UK telecom operator saved £1.3M by auditing tier 1 telco bills received from interconnect billing operators
Pricing and Availability
Pricing Appliance 2.0 is available now from Kognitio through a ‘try before you buy’ promotion. In addition, today users can purchase a license to deploy the appliance as an in-house solution; alternatively Kognitio offers Pricing Appliance as part of an outsourced contract.
TMF Meeting and Demonstration Schedule
Kognitio and RateIntegration will be jointly exhibiting at TeleManagement World in Nice between 21st and 24th. To pre-schedule a meeting or demonstration, please contact Sean Jackson at sean.jackson@kognitio.com or please stop by the RateIntegration booth (Hall 1, Booth 37) anytime during the TMF Event.
About Kognitio
Kognitio is an innovative, technology-rich company, providing leading-edge solutions to business problems that require the acquisition, rationalisation and analysis of large or complex data. Kognitio’s offering is centred around three areas: WX2, the fastest and most scalable analytical database on the market, managed services and data migration expertise. All three areas are complemented by an extensive professional services team helping to ensure businesses gain competitive advantage from their data. Headquartered in Marlow, UK, Kognitio delivers competitive advantage to its clients in various industries, including telecommunications (BT, ntl:), the financial sector (Marks and Spencer Money, Norwich Union, Prudential) and utilities (Scottish Power). For more information, visit the Kognitio website at www.kognitio.com, call +44 (0)1628 400 000 or email info@kognitio.com
About RateIntegration
RateIntegration is the leading provider of Revenue Lifecycle Management (RLM) software and solutions to model, bill, assure and analyze pre and post-paid converged services revenues and profits in telecom, media and entertainment. The Company’s Tier I customers process over $18 billion in annual revenues while achieving the fastest time to revenue and profitability at the lowest total cost of ownership in the industry. The PriceMaker™ Enterprise Pricing Server, widely regarded as the industry’s technology leader, enables global service providers, software companies and managed service providers accelerate the modeling and billing of new and existing services as well as the revenue and cost assurance and analytics across the revenue life-cycle. For more information, visit the RateIntegration web site at www.rateintegration.com or call +1 919-484-2442 x103.
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