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Cable and Wireless Selects cVidya's MoneyMap Product for Revenue Assurance

 

September 20, 2005, Tel Aviv, Israel - cVidya Networks, a leading provider of next generation revenue assurance solutions, announced today that Cable & Wireless, a leading international telecommunications service provider, has selected cVidya’s MoneyMap® product as a core revenue assurance solution. The four-year framework agreement will see Cable & Wireless implement cVidya’s platform across its international operations, beginning with the UK.

Cable & Wireless chose cVidya’s MoneyMap® because the platform can be implemented across a diverse range of products. In addition, the solution’s user-friendly interface allows the customer to enhance the scope of its internal revenue assurance procedure, minimizing the need for external technical support. The initial deployment phase took place within weeks from signing the contract

Anthony Sani, director of revenue assurance billing & interconnection, Cable & Wireless said: “We were impressed by cVidya’s product, a rarity in today’s typically customized solution’s environment. Their implementation team also demonstrated a profound understanding of our company’s business needs. As a global operator with diverse products and systems it is imperative that our procurement decisions support the need to deploy products that are both configurable and capable of delivering a quick return on investment.

He added: "We found cVidya to be extremely professional which aided the deployment process greatly. The solution complements the skills we have acquired and developed within revenue assurance over the last year, and aligns well with our aim to introduce best practice in this area.”

Alon Aginsky, CEO of cVidya said: "The global agreement with Cable & Wireless further emphasizes our position as a leader in the revenue assurance arena. “It demonstrates that cVidya’s product-based approach, combined with the agility of MoneyMap® and the dedication of our staff, is a winning combination.”

cVidya’s MoneyMap® Revenue Assurance solutions enables operators to correlate and consolidate information from all network 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 or inefficient resource use, which - beyond the immediate loss of revenues - may lead to potential customer retention trouble spots. Once MoneyMap® identifies the areas of revenue leakage and resource inefficiency, operators can promptly correct and manage the problems to achieve profit maximization.

About cVidya
cVidya Networks Ltd. provides holistic, comprehensive and innovative Revenue Assurance solutions for current and next generation services, enabling CSPs to realize and reclaim lost revenues while minimizing operational costs.

MoneyMap® solution bridges the gap between the network, the OSS and the BSS and uses advanced techniques to facilitate the complete RA cycle – including detection, correction and prevention of revenue leakages.

cVidya’s solution and exceptional professional services has a proven track record of rapid ROI at Western European and Israeli Tier 1 operators.

cVidya has offices in Europe, APAC and Israel.

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

About Cable & Wireless
Cable & Wireless is one of the world’s leading international communications companies. It provides fixed and mobile voice, data, IP (Internet Protocol) and broadband services to business and residential customers, as well as services to other telecoms carriers, mobile operators and providers of content, applications and internet services.

Cable & Wireless’ principal operations are in the United Kingdom, the Caribbean, Panama, Macau and Monaco. For more information about Cable & Wireless, go to www.cw.com.


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