RateIntegration, the industryâ€™s leading Revenue Lifecycle Management (RLM) company for pre and post-paid convergence, has announced that solutions enabled by its PriceMaker Enterprise Pricing Server now process over $15 billion of revenue per year through deployments at tier one carriers worldwide.
With RateIntegrationâ€™s Revenue Lifecycle Management solution, companies in the Telecom, Media and Entertainment industries can effectively mange the entire lifecycle of a price plan, including modeling, pricing & billing, revenue assurance, and analytics for pre and postpaid, voice, data and content converged services. RateIntegrationâ€™s PriceMaker Enterprise Pricing Server is based on a massively scalable real-time engine that delivers linearly scalable throughput and carrier grade low-latency IMS / 3GPP compliant solutions. The RLM solutions have been in production in the consumer retail, enterprise, wholesale / inter-connect divisions of global Tier I carriers for several years.
â€œRateIntegration enabled RLM solutions processed over $15 billion of annual revenue for our customers in the telecommunication, media and entertainment industries,â€ said Thomas Thekkethala, the companyâ€™s CEO. â€œBeyond the revenues being processed, we are equally excited with the results we have delivered in revenue, cost and profitability assurance through our software and managed services partners who have standardized on PriceMaker.â€
RateIntegration has built a solid reputation in the Telecom, Media and Entertainment industries and many of the worldâ€™s leading companies depend on the companyâ€™s proven Revenue Lifecycle Management solutions. With RateIntegrationâ€™s RLM solution, companies are better able to manage revenue and cost and to deliver measurable business impact, no matter what line of business they are responsible for — wireless, wireline, broadband, or content.
About Revenue Lifecycle Management (RLM)
RLM is the process that companies use to effectively manage the entire lifecycle of service and pricing plans — from the birth of a product / service idea, through its modeling and operational deployment, to the eventual revenue assurance and business analytics that ensures the integrity of the entire revenue life-cycle.
RateIntegrationâ€™s RLM solutions greatly simplifies the process of modeling, deploying, analyzing and managing price plans that deliver the fastest time to revenue at the lowest total cost of ownership in the industry. PriceMaker enables business users to model and analyze new and changes to pricing plans that can then be easily tested and implemented into production environments. Business users can collaborate on price plans without at a layer abstracted from the technology and operational systems. The Assurance and Analytics functions enable companies to track down and analyze problems support internal audits and Sarbanes-Oxley compliance.
Finally, RateIntegrationâ€™s RLM solutions, powered by the PriceMaker Enterprise Pricing Server provides a comprehensive framework for IT organizations for the easy integration, management and maintainability through fully support of service oriented architectures and industry-standards.
RateIntegration is the leading provider of Revenue Lifecycle Management (RLM) software and solutions to model, bill, assure and analyze pre and post-paid converged services revenues and profits in telecom, media and entertainment. The Companyâ€™s Tier I customers process over $15 billion in annual revenues while achieving the fastest time to revenue and profitability at the lowest total cost of ownership in the industry. The PriceMakerâ„¢ Enterprise Pricing Server, widely regarded as the industryâ€™s technology leader, enables global service providers, software companies and managed service providers accelerate the modeling and billing of new and existing services as well as the revenue and cost assurance and analytics across the revenue life-cycle.