cVidya Networks, a provider of Telecom Data Integrity and Revenue Assurance solutions, announced today the availability of a solution for IPTV services based upon its flagship product, MoneyMapÂ®/Suite. This makes cVidya the first vendor to provide a revenue assurance solution for IPTV. The solution covers both active and proactive aspects of revenue assurance, making it particularly important at the IPTV service deployment stage. cVidya’s solution was recently validated as the revenue assurance component of the IPTV Catalyst project presented by the TeleManagement Forum in Nice.
“Being the first to identify and address the need for revenue assurance in the most innovative and promising line of business in the telecommunications arena today, is an important achievement for cVidya as a leader in our field,” commented Alon Aginsky, CEO of cVidya. “As the services offered by the telecommunications industry continue to multiply, we aim to continually adapt our solutions and lead the revenue assurance industry in fulfilling the changing needs of the communication service providers.”
The business of IPTV has lately become one area in which revenue assurance is especially critical. As CSP’s focus their efforts on IPTV deployment to gain market share, the support systems infrastructure receives lower attention, and they find themselves increasingly exposed to financial risks resulting from data and process integrity issues. Furthermore, information and revenue flows now must be managed between a growing number of content providers and other partners, in addition to the network and consumers.
The complex relationships between various content and service providers on one hand, and the increasing demand for rapid provisioning and high quality delivery of new services on the other, have emphasized the need for a holistic approach to revenue assurance. Drawing on its market insight and experience in revenue assurance methodology, cVidya has created a solution, based on its MoneyMapÂ®/Suite, employing the full scale of revenue assurance techniques to address the revenue assurance and data integrity challenges associated with IPTV.
cVidyaâ€™s MoneyMapÂ® Revenue Assurance Solution 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, data inconsistencies or resources are not being used efficiently, leading to substantial revenue loss. Once MoneyMapÂ® identifies the areas of revenue leakage and resource inefficiency, operators can promptly correct and manage the problems to achieve profit maximization.
About cVidya Networks
cVidya Networks is a leading provider of Telecom Data Integrity and Revenue Assurance solutions. cVidyaâ€™s comprehensive Revenue Assurance product based solutions assist fixed, mobile and triple-play communication service providers to continuously improve their bottom line results cVidyaâ€™s MoneyMapÂ® product, provides a unified platform for implementing Data Integrity, Risk Management and Process Aware Revenue Assurance solutions within legacy and new service environment, over all types of networks, Operations Support and Business Support Systems.
cVidyaâ€™s staff consists of an experienced team of revenue assurance professionals with expertise in a broad range of industries and technologies, including OSS/BSS and a wide range of communications technology domains, such as IP and mobile platforms. cVidya has a world wide presence which includes offices in EMEA, APAC, Latin America and South Africa. In addition cVidya has partnered with major global system integrators and business partners. cVidyaâ€™s solution and exceptional professional services has a proven track record of rapid ROI at major operators, among which are Cable & Wireless, Telecom Italia, and Bezeq. For more information visit http://www.cvidya.com