cVidya Networks, a global leader of Telecom Data Integrity and Revenue Assurance Systems, has won two new contracts in Latin America. One customer is a major operator in Brazil , with the other providing services in another, unnamed Latin American state. The combined value of the two contracts estimates in several million US Dollars.
“The growth rate of the Latin American communications market is one of the fastest in the world,” commented Alon Aginsky, president and CEO of cVidya Networks. “We expect that cVidya will play an important part in providing revenue assurance solutions to these markets.”
cVidya’s MoneyMap® 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 that are not being used efficiently, leading to substantial revenue loss. Once MoneyMap® identifies the areas of revenue leakage and resource inefficiency, it provides the user with intuitive tools to promptly correct and manage the problems to achieve profit maximization.
About cVidya Networks
cVidya Networks is a global leader and innovative provider of Telecom Revenue Assurance and Data Integrity products.
cVidya’s suite of comprehensive Revenue Assurance solutions assists fixed, mobile, and triple-play communication service providers (CSPs) to continuously improve their bottom line results.
cVidya’s innovative and flexible product, MoneyMap®, 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.
MoneyMap®’s solutions and cVidya’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