Subash Menon, Founder Chairman, Managing Director & CEO, of Subex Azure Ltd. will deliver the industry keynote address at the upcoming Intel Developer Forum (IDF) India 2006. IDF is a global technology forum where Intel and industry thought leaders share their vision on emerging technology trends, resulting new opportunities, roadmaps, strategies and usage models that help companies to prepare for and capitalize on the opportunities for the future. IDF will be held in the USA, India, Taiwan, China and Korea between September-November in Fall 2006. IDF India 2006 will be held in Bangalore on October 10 – 11 2006. [Read more…]
Subex Azure Report Says Telcoms Operator Losses On the Increase
According to a report released by Subex Azure Limited, telecoms operator losses are on the increase. But, operators are now taking greater corporate responsibility for revenue assurance. Subex Azure Ltd, the world’s largest vendor of revenue maximization solutions for telecom operators, today revealed that average revenue leakage across global telecoms operators has increased to 12.1 per cent of turnover ($176 billion), compared to 11.6 per cent in 2005. This is one of the main findings of the fourth consecutive annual ‘Operator Attitudes to Revenue Assurance 2006’ report, which Subex Azure conducted with telecoms analysts, Analysys.
Danny Dicks, Principal Analyst at Analysys, said: “From this year’s research it is clear that operators are more concerned about all sources of revenue leakage. It is apparent that revenue assurance has become much more of a board-level issue.”
The report is based on the responses of over 100 operators around the world, to investigate levels of revenue loss globally. Fraud was again the single largest area of revenue leakage having increased to 2.9 per cent of turnover. There were also increases in revenue leakage due to credit management, incorrect service usage data and interconnect/partner payment errors. [Read more…]
Subex Completes Merger of Azure Solutions
Subex Systems Limited, a Bangalore-headquartered telecom software product company and UK-headquartered Azure Solutions Limited today announced the completion of their previously announced merger. The new entity is called Subex Azure Limited and it enjoys a global leadership position in telecom fraud management and revenue assurance. [Read more…]
Azure Solutions Wins Fraud Detection Contract with Ukrainian Mobile Operator Astelit
Azure Solutions, a revenue assurance company, today announced that Ukrainian mobile operator Astelit is deploying Azure Fraud Control System version 3.5 (AFCS v3.5) to increase the efficiency and effectiveness of its anti-fraud system.
Oguz Memiguven, chief technical officer at Astelit said: “Astelit is always moving forward, aiming to deliver the best technology and service. It was really important for us to find a solution that could both integrate with existing legacy systems, and new data or capabilities as they are introduced. Azure offered this in a package that could be easily configured to suit our needs, meaning that we can now run a stronger and more efficient fraud-detection team.”
As a rapidly growing digital communications technology and service provider, Astelit needed a cost-effective and forward-looking way of detecting and preventing fraud. Azure’s flexible and scalable solution will help Astelit easily configure, control and define fraud detection rules, and leverages comprehensive case management workflow and report generation to make its fraud-detection teams even more efficient. AFCS v3.5 will fully integrate with new data that is added to the system, and help to detect fraud as new products are introduced. [Read more…]
Telenor Pakistan Selects Interconnect System from Azure Solutions
Azure Solutions, a revenue assurance company, announced that Telenor Pakistan is to implement Azure Interconnect version 9.0 for its GSM services. In addition, Telenor Pakistan will be upgrading its existing Azure Interconnect system for its long distance international (LDI) services.
Telenor acquired a license for providing GSM services in Pakistan in April 2004 and commercially launched services in Islamabad, Rawlpindi and Karachi in March 2005. Its GSM mobile network is now available in 286 destinations and is the fastest growing network in Pakistan. Such has been the rapid growth of the network that Telenor required an effective interconnect billing solution. [Read more…]
Azure Solutions Nominated for World Billing Awards 2006
Azure Solutions, the revenue assurance company, has been named as a finalist in three categories for the World Billing Awards 2006. The categories that Azure has been short-listed for are: ‘Overall Best Contribution to Billing’, ‘Most Innovative Billing Product’ and ‘Best Revenue Assurance/ Management Project’.
Azure’s Certo 2 product, the latest version of its automated revenue assurance solution, was nominated as a finalist in the ‘Most Innovative Billing Product’ category. Certo 2 helps operators detect, analyse and correct revenue-leakage problems in real-time and has already been implemented by several customers since its launch in January 2006. [Read more…]
Subex Systems Limited and Azure Solutions Merge – New Company Named Subex Azure Systems Limited
Subex Systems Limited, the global telecom software product company, and Azure Solutions Limited, the telecoms revenue assurance company, today announced an agreement to merge the two companies. The new company, to be named Subex Azure Systems Limited, will combine the two companies’ industry-leading positions as fraud management and revenue assurance systems providers and will be headed by Mr. Subash Menon, the current chairman and CEO of Subex Systems. This deal represents a big step in augmenting Subex Azure’s strategic business focus of helping telecom operators establish Revenue Operations Centers (ROC) through an integrated suite of solutions. [Read more…]
Azure Solutions’ Certo 2 Revenue Assurance Selected by North American MVNO
Azure Solutions, the revenue-assurance company, today announced that a national, tier-one Mobile Virtual Network Operator (MVNO) in North America has selected its Certo 2 revenue-assurance solution to monitor wireless network and revenue performance for a major new service offering it launched in early 2006. Certo 2, recently recognized as a finalist as Best New Product for Telestrategies’ Sixth Annual Excellence Awards, is the latest version of Azure’s automated revenue-assurance solution. After its initial market launch, the MVNO is currently adding high volumes of new customers to its service offering that is highly interactive and data intensive.
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Azure Solutions’ Fraud Control System Version 3.5 Launched
Azure Solutions, the revenue-assurance company, today announced the launch of the Azure Fraud Control System (AFCS) version 3.5, which is aimed at helping combat the annual $37.9 billion problem of telecoms fraud worldwide. [Read more…]
Azure Solutions’ Certo 2 Selected as New Product of the Year Finalist for Telestrategies’ 2006 Excellence Awards
Azure Solutions, the revenue-assurance company, today announced that its Certo 2 revenue-assurance platform has been selected by TeleStrategies, publisher of Billing World & OSS Today magazine, as a finalist in the Best New Product category for its Sixth Annual Excellence Awards. Certo 2 allows carriers to monitor and correct revenue-leakage problems in real time through advanced process automation. It provides end-to-end visibility and control of the entire revenue lifecycle faster, more cost-effectively and with greater accuracy and fewer resources than any other solution in the marketplace. [Read more…]
European Cable Operator Expands Use of Azure Interconnect and Fraud Bureau Services
Azure Solutions, the revenue-assurance company, today announced that a leading European cable operator will be expanding its use of Azure’s Interconnect and Fraud Bureau services across three countries in Eastern Europe. The new implementations mean that the cable operator will be eventually using bureau services in seven European countries. [Read more…]
Far East Asian Mobile Operator Signs Up for Azure Solutions’ Certo 2
Azure Solutions, the revenue-assurance company, today announced that a leading mobile operator in Far East Asia has purchased Certo 2, the latest version of its automated revenue-assurance solution. The mobile operator currently has a customer base of seven million subscribers, offering both 2.5G and 3G services. [Read more…]
Far East Asian Mobile Operator Signs Up for Certo 2 by Azure Solutions
Azure Solutions, the revenue assurance company, today announced that a leading mobile operator in Far East Asia has purchased Certo 2, the latest version of its automated revenue-assurance solution. The mobile operator currently has a customer base of seven million subscribers, offering both 2.5G and 3G services. [Read more…]
Azure Solutions and Teradata Partner to Offer Revenue Assurance and Enterprise Data Warehouse Solutions
Azure Solutions, the revenue-assurance company, today announced a global partnering agreement with global enterprise data warehouse (EDW) leader, Teradata, a division of NCR Corporation. This agreement combines the Teradata® Warehouse with Azure’s Certo 2.0(TM) revenue-assurance software to help telecommunications firms reduce revenue leakage and leverage the data that is collected during the revenue assurance process. [Read more…]
Azure Solutions Opens North American Revenue Assurance Service Bureau
Azure Solutions, the revenue-assurance company, today announced it will offer complete revenue-assurance, fraud and interconnect capabilities through a new world-class service and data bureau established in Colorado. Azure’s new service bureau complements the company’s robust European centre to meet increased customer demand from a growing roster of North American telecommunications operators. [Read more…]
Azure Solutions Opens Revenue Assurance Service Bureau for Latin and North American Markets
Azure Solutions, the revenue-assurance company, today announced it will offer complete revenue-assurance, fraud and interconnect capabilities through a new world-class service and data bureau established in Colorado. Azure’s new service bureau complements the company’s robust European center to meet increased customer demand from a growing roster of telecommunications operators in both the Latin American and North America markets. [Read more…]
Lithuania Telecom Selects Azure Solutions’ Azure Interconnect Version 9.0
Azure Solutions, the revenue-assurance company, today announced that Lithuania Telecom (Lietuvos Telekomas), the largest telecommunications service company in Lithuania, has selected Azure Interconnect version 9.0. [Read more…]
Azure Solutions and Verizon Outline Strategies for Proactive Revenue Assurance at TeleStrategies RA Conference
Mr. Steven Bruny, President of Azure Solutions (www.azuresolutions.com), one of the world’s leading revenue assurance companies, and Kathy Romano, Director of Broadband Billing and Collections at Verizon (www.verizon.com), will outline steps operators can use to build revenue assurance into new service offerings. While common sense tells us that building revenue assurance programs in early is clearly the best practice, it’s not always easy to do. [Read more…]
Azure Solutions Embarks on Trade Mission to India and Pakistan
Azure Solutions, the revenue-assurance company, is taking part in a trade mission to India and Pakistan, organised by UK Trade & Investment, between 27 February – 7 March 2005. The trade mission will involve meeting a series of senior regulatory and telecoms executives in the region, where Azure will highlight the revenue-assurance issues they are facing. [Read more…]
Azure Solutions Provides Inter-Party Billing For BT – System will enable BT to bill its reseller customers more effectively
Azure Solutions, the revenue-assurance company, today announced that BT Global Services has implemented an inter-party billing solution (IXBS NG), based on Azure Interconnect version 9.0, for billing on its BT Switchless Reseller Service. [Read more…]