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
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.
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
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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