cVidya Networks, a global leader of Telecom Data Integrity and Revenue Assurance Systems, has announced that Cable & Wireless, a leading international telecommunications service provider, has recovered over Â£1 Million of revenues with the aid of cVidya’s MoneyMapÂ®. This return was achieved over a period of 18 months. Beyond the direct reclamation, the operator has used MoneyMapÂ® to help report and reduce internal costs caused by unused network capacity that was not released for further use.
The Revenue Assurance department of Cable & Wireless UK used MoneyMapÂ® as part of their activities to identify revenue leakages in their non-usage services (leased lines and IP-VPN). After a 4 month Training and implementation, MoneyMapÂ® has helped the company to identify revenues which were considered lost, by highlighting discrepancies between the network and the billing systems.
“We are very pleased with our selection of cVidya Networks for the use in our Network to Bill Reconciliation activities” said Hakim Akayour, of Cable & Wireless UK. “Both the MoneyMapÂ® tool and cVidyaâ€™s professional services have proven themselves to be a valuable asset to our Revenue Assurance team here at Cable & Wireless.”
Alon Aginsky, CEO and co-founder of cVidya Networks, remarked, “We are very proud of the dependable and effective revenue assurance systems we have developed in our product MoneyMapÂ®. In the hands of our highly skilled and professional team, our solutions can bring considerable value to any service provider’s revenue assurance operations, as evidenced by our achievements with Cable & Wireless.”
About Cable & Wireless
Cable & Wireless is one of the worlds leading international communications companies. It operates through two standalone business units International and UK .
The International business unit operates integrated telecommunications companies in 33 countries offering mobile, broadband, domestic and international fixed line services to residential and business customers, with principal operations in the Caribbean, Panama , Macau , Monaco and the Channel Islands.
The UK business unit provides enterprise and carrier solutions to the largest users of telecoms services across the UK, US, continental Europe and Asia, and wholesale broadband services in the UK .
For more information about Cable & Wireless, please visit www.cw.com
About cVidya Networks
cVidya Networks is a global leader and innovative provider of Telecom Revenue Assurance and Data Integrity products. cVidyaâ€™s suite of comprehensive Revenue Assurance solutions assists fixed, mobile, and triple-play communication service providers (CSPs) to continuously improve their bottom line results.
cVidyaâ€™s innovative and flexible product, MoneyMapÂ®, 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.
MoneyMapÂ®â€™s solutions and cVidyaâ€™s highly skilled professional services teams have a proven track record of achieving rapid ROI with major operators, including Cable & Wireless, Telecom Italia, Colt and Bezeq.
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