Subex Azure Ltd, the world’s largest vendor of revenue maximization solutions for telecom operators, has recently won a contract to provide its fraud management system to a leading telecom operator in Southeast Asia. [Read more…]
Survey Says African Telcos Losing Billions
Subex Azure Ltd, the world’s largest vendor of revenue maximization solutions for telecom operators, has revealed that African telecom operators are estimated to be losing over a quarter of revenues due to revenue leakage, which is double the global average (12.1 per cent).
The ‘Operator Attitudes to Revenue Assurance 2006’ report conducted by Subex Azure and telecoms analysts Analysys, reveals that the estimated loss across the sample of African operators was 26.8 per cent which is the equivalent to $25.7bn. [Read more…]
ECtel Awarded FraudView Project from Telecom Namibia
ECtel Ltd. (NASDAQ: ECTX), a leading provider of Integrated Revenue Management™ (IRM™) solutions, has been awarded a project for the implementation of FraudView®, its fraud detection and prevention solution, from Telecom Namibia Limited. The contract totals $1.2 Million, and followed a successful pilot on live traffic. [Read more…]
Subex Azure Delivers Telecom Fraud Management and Revenue Assurance to MTC Namibia
Subex Azure Ltd, the world’s largest vendor of revenue maximization solutions for telecom operators, has successfully deployed its fraud management and revenue assurance systems at MTC Namibia.
MTC Namibia is the leading mobile services provider in Namibia, with in excess of 500,000 subscribers. Portugal Telecom recently acquired a 34 per cent in the company, and MTC Namibia was looking to further expand its reach in the region. As MTC Namibia’s network grows, it wanted to ensure that it had greater visibility of traffic crossing its network and had the tools to minimize its exposure to revenue leakage and reduce fraud on its pre-paid services. [Read more…]
Bezeq International Selects cVidya Networks for Rating and Billing Verification
cVidya Networks, a global leader of Telecom Data Integrity and Revenue Assurance Systems, has announced that Bezeq International, Israel’s leading international calls operator, largest provider of broadband internet (ISP) and total business solutions, has chosen cVidya’s MoneyMap® for Rating and Billing Verification.
This solution will allow Bezeq International to support a wide range of varied and complex bundled price plans and promotion campaigns needed to succeed amidst increasingly competitive market conditions, while preventing the revenue leakage to which such plans are often susceptible. This agreement was preceded by a thorough evaluation process, in which Proof of Concepts were conducted among a number of competing solutions. Significant criteria for the choice were configurability, quick set-up of plans and comprehensive data analysis capabilities. [Read more…]
Subex Azure Signs Fraud Management Contract with Safaricom
Subex Azure Ltd, the world’s largest vendor of revenue maximization solutions for telecom operators, has announced that it has won a contract to provide its fraud management system to Safaricom Ltd, the Kenyan mobile services provider.
Safaricom is the largest mobile operator in Kenya with a customer base of 4.4 million subscribers. The number of mobile phone subscribers in Kenya has risen by 41 per cent over the last year according to the Communiciations Commission of Kenya. Safaricom wanted a scalable fraud management solution to help it reduce and identify subscriber fraud on its pre-and post-paid services. [Read more…]
Subex Azure Partners with Hitachisoft to Deliver Revenue Assurance Solution to Japanese Telecoms
Subex Azure Ltd, the world’s largest vendor of revenue maximization solutions for telecom operators, has announced that it has entered into a strategic partnership with Hitachisoft, one of Japan’s leading IT software development companies, to provide revenue assurance to Japanese telecom operators.
Under the terms of the agreement, Hitachisoft has the exclusive sale rights in Japan for the Subex Azure Revenue Assurance System (SARAS) and therefore will be able to combine it with its own technology and resell SARAS-based solutions to operators. [Read more…]
Subex Azure and T-Mobile OUtline Revenue Assurance Strategies at Conference
Gary Fujinami, Senior Direct, Professional Service at Subex Azure and Scott Cranston, Senior Manager of Revenue Assurance, T-Mobile, is presenting a case study during the “Taking Revenue Assurance to the Next Level” session at the TeleStrategies Revenue Management conference, being held in Phoenix Arizona today, September 28, 2006. The practice of revenue assurance has evolved and matured significantly during the past decade. [Read more…]
cVidya Networks Advances Revenue Assurance Standardization through TMF Guidebook
cVidya Networks, a leader of Telecom Data Integrity and Revenue Assurance Systems, has announced their contribution to the Revenue Assurance Guidebook, recently published by the TeleManagement Forum (TMF). Backed by major telecom operators, the guidebook aims to provide a standard for Revenue Assurance by creating a common language as well as a consensus on strategy and best practices. In parallel to its contribution to the standards included in the TMF Guidebook, cVidya Networks has incorporated these concepts in its MoneyMap® product and methodology as well. [Read more…]
Subex Azure Defines Revenue Operations Center at Risk Management and Internal Audit in Telecoms 2006
Subex Azure, the world’s largest vendor of revenue maximization solutions for telecom operators, will be exhibiting and speaking at the 9th Annual Risk Management and Internal Audit in Telecoms 2006 conference, which takes place at the Cafe Royal, London, UK between 18 and 19 September 2006.
Karthikeyan Ramnath, Product Manager, Subex Azure, will be presenting a session entitled “Reducing the Day Sales Outstanding (DSO) using the Revenue Operations Center (ROC)” on Tuesday 19 September 2006. Karthikeyan will be looking at the benefits of collaboration between fraud and risk management; how the ROC is defined; aligning departmental strategies with corporate strategy, and how the ROC can enable operators to reduce DSO and more efficiently prioritise cases. [Read more…]
Saul Nurtman of Subex Azure Appointed Revenue Assurance Chairperson at Global Billing Association GBA
Subex Azure, the world’s largest vendor of revenue maximization solutions for telecom operators, has announced that Saul Nurtman, the company’s President of EMEA, has been appointed as the Chairperson of the GBA’s (Global Billing Association) Revenue Assurance and Fraud Initiative. In his role of chairperson, Saul will help to shape the agenda of the Revenue Assurance and Fraud Initiative, as well as represent the GBA at a number of industry events.
Alex Leslie, CEO of the Global Billing Association, said, “We are delighted that Saul has joined the Revenue Assurance and Fraud Initiative. He brings a great deal of experience to the role having held high-level positions at some of the worlds most successful revenue assurance vendors. This can only serve to benefit our members.”
The Global Billing Association set up the Revenue Assurance and Fraud Initiative in 2005 to help promote better practice in the revenue assurance and revenue management sector, and demonstrate its importance and strategic value. The initiative aims to provide advice and frameworks in which revenue assurance can be implemented by operators worldwide. [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…]
cVidya Networks Appoints Ronen Tanami as COO
cVidya Networks, a global leader of Telecom Data Integrity and Revenue Assurance Systems, announced today that Ronen Tanami is joining the company as COO. As part of cVidya’s management team, Ronen will consolidate the product definition, development and delivery processes into a synergetic integrated framework.
Drawing on his vast experience in working with tier-1 operators, Ronen will ensure that cVidya maintains a high level of efficiency both in the growing number of deployment projects at customer sites as well as in developing the product, MoneyMap®. Ronen will be responsible for ensuring cVidya customers are achieving the highest level of satisfaction with cVidya both through ongoing project deployment and support services. [Read more…]
freenet selects cVidya Networks’ Revenue Assurance Solution
cVidya Networks, a provider of Telecom Data Integrity and Revenue Assurance Systems, has announced that freenet.de AG (www.freenet.de), one of the leading internet and telecommunication companies in Germany, has selected cVidya Networks’ revenue assurance (RA) solution, Money Map®. freenet will implement Money Map® as well as their professional services to enhance their internal revenue assurance capabilities.
“freenet is experienced in working to prevent revenue leakage in our organization, so we knew that we needed an RA solution and support services that met our high standards. cVidya Networks’ successful track record at implementing MoneyMap® at major telecom operators, alongside their high quality staff and impressive professional services, made them a clear choice for freenet,” said Stephan A. Esch, CTO of freenet.de AG.
Although freenet has experience with internal revenue assurance, they chose cVidya Networks because of the flexibility of their flagship product, MoneyMap®, which automates revenue assurance and reveals large revenue leakages. While this contract represents the first phase of the agreement between freenet and cVidya Networks, future phases of the deal will cover additional services beyond ADSL. This agreement extends cVidya Networks’ presence throughout Europe. [Read more…]
Reltelwireless Implements Cerillion Mediation Solution for CDMA Network
Cerillion Technologies has announced a new contract with Reliance Telecommunications (Reltelwireless) to implement a complete mediation solution for their CDMA network in Nigeria. Cerillion will deliver their Mediator product and provide integration with network switches from Huawei.
Kenneth Aigbinode, Vice Chairman Reliance Telecommunications, said “Mediation has become an important area of focus within Reltelwireless as we continue to develop our revenue assurance programmes. Cerillion have proven they understand our business and we are confident that their Mediator system will help us maximise our billable revenues.”
The system will be used to improve revenue assurance in Reltelwireless, securing revenue generation from a full range of corporate and residential services. Mediator’s intuitive configuration tools and rules-based processing engine will support their time-to-market demands, whilst providing a complete audit trail and CDR traceability. [Read more…]
Swisscom Mobile and cVidya Networks Initiate a Partnership on Revenue Assurance
Swisscom Mobile and cVidya Networks have announced a partnership in the field of Revenue Assurance. The goal of the partnership is to engage in activities to develop and improve next generation Revenue Assurance best practice and solutions while integrating principles of, for example, business intelligence. The two companies will use the installation of the MoneyMap® at Swisscom Mobile for the development and validation of new and innovative Revenue Assurance technologies, methodologies and principles.
“cVidya has proven to go the extra mile when it comes to Revenue Assurance and understands the requirements of an operator that has a mature Revenue Assurance process. At Swisscom Mobile we believe that Revenue Assurance is to take a different turn, especially in the light of eroding monopolies, hostile markets and continuous market and product innovation. In cVidya we have found a partner who will face the next level of Revenue Assurance challenges successfully and we hope to provide a stimulus to the industry as a whole” said Kurt Meyer, Chief Risk Officer.
“We see Swisscom Mobile’s decision to join efforts with cVidya as a major vote of confidence in our approach to Revenue Assurance,” remarked Alon Aginsky, CEO of cVidya Networks. [Read more…]
COLT Purchases cVidya Networks’ MoneyMap® for Revenue Assurance and Data Integrity
cVidya Networks, a leader of Telecom Data Integrity and Revenue Assurance Systems, has announced that COLT, a leading European provider of business communications, has purchased cVidya Networks’ MoneyMap® as its Revenue Assurance solution for leased lines and data services. COLT will implement the MoneyMap® solution and software along with cVidya Networks’ professional services. The project will be centrally managed across COLT’s operation that spans 13 European countries.
“We are very excited that COLT has selected cVidya Networks for Revenue Assurance and Data Integrity; this deal represents another one of our ‘recent wins’ in Europe,” said Alon Aginsky, CEO of cVidya Networks. “MoneyMap® will help COLT maintain cost leadership and revenue recovery throughout their European operation, ultimately improving their customer satisfaction.”
COLT will use the revenue assurance solution to ensure that the actual revenue stream for these services matches the expected revenue stream. One of the main drivers for selecting MoneyMap® was to enhance the company’s existing manual based revenue assurance processes. [Read more…]
Magyar Telekom and Allround Win Best Revenue Assurance Project at World Billing Awards
The joint application of Magyar Telekom’s T-Com business line and Allround has won the World Billing Awards 2006 in the Best Revenue Assurance/Management Project category. The winners have been announced at the Billing and Information Management Systems 2006 Gala Dinner in London, on 8th June 2006.
“We are delighted to acknowledge the T-Com / Magyar Telekom / Allround project as winner in the ‘Best Revenue Assurance / Revenue Management’ category. All of us were impressed by the proactive approach based on stability testing that was adopted, and also by the honesty demonstrated in both relationships and reporting structures that is clearly important for real long term benefits to accrue.” said Hugh Roberts, Chairman of the Awards Judging Panel and Consultant Director for IIR’s BSS/OSS and RM events.
László Harsányi, Director at Billing and CRM Directorate of T-Com Wireline Services of Magyar Telekom stated: “it is an honour that the T-Com / Magyar Telekom / Allround project won the prestigious World Billing Awards. This achievement acknowledges the innovative ideas and the strong co-operation between the two companies to customize and implement this new methodology.” [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…]
cVidya Announces Revenue Assurance Solution for IPTV
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, MoneyMap®/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. [Read more…]