Business support system

Tecnotree Achieves Strong Q1 2024 Results with Sustained Revenue Growth and Enhanced Profitability

Retrieved on: 
Friday, April 26, 2024

Tecnotree, a global digital platform and services leader for AI, 5G, and cloud-native technologies, today announced its financial results for the first quarter of 2024, demonstrating solid growth with a 4.7% increase in revenue.

Key Points: 
  • Tecnotree, a global digital platform and services leader for AI, 5G, and cloud-native technologies, today announced its financial results for the first quarter of 2024, demonstrating solid growth with a 4.7% increase in revenue.
  • The growth was primarily driven by new wins in the LATAM region, while EMEA and APAC regions remain growing markets for the digital platform.
  • Key Q1 Highlights of the financial results:
    Net sales increased 4.7% to EUR 16.3 (15.5) million.
  • Padma Ravichander, CEO of Tecnotree Corporation, said, “With the revenue growth to EUR 16.3 million, the first quarter proved to be a great start to 2024.

Mavenir Digital BSS Now Available on Amazon Web Services Marketplace

Retrieved on: 
Tuesday, April 16, 2024

Mavenir, the cloud-native network infrastructure provider building the future of networks, today announces that the Mavenir Digital Enablement (MDE) is now available on Amazon Web Services (AWS) Marketplace .

Key Points: 
  • Mavenir, the cloud-native network infrastructure provider building the future of networks, today announces that the Mavenir Digital Enablement (MDE) is now available on Amazon Web Services (AWS) Marketplace .
  • With low-code/no-code visual builders and templated solutions-in-a-box, MDE is now available as a one-stop destination and digital marketplace for CSPs looking to implement new or complex models simply and agilely.
  • Mavenir’s Digital BSS has achieved platinum certification from TM Forum, with open APIs ensuring seamless integration with existing or new third-party systems and eliminating the need for resource-intensive system integration effort.
  • MDE brings marketplace capabilities to service providers to cross sell 3rd Party Partner-led product and services integrated with CSPs and Mobile Virtual Network Operators (MVNOs) worldwide.

Netcracker Ranked the Overall Leader in Telco Republic’s Next-Generation Telecom Operations and Business Support Systems Market Assessment

Retrieved on: 
Tuesday, March 26, 2024

Netcracker Technology announced today that it has received the highest ranking among 13 vendors in Telco Republic’s Disrupter Quintant for Next-Generation Telecom Operations and Business Support Systems for its innovative products and solutions and successful record of service delivery and digital transformation projects with operators around the world.

Key Points: 
  • Netcracker Technology announced today that it has received the highest ranking among 13 vendors in Telco Republic’s Disrupter Quintant for Next-Generation Telecom Operations and Business Support Systems for its innovative products and solutions and successful record of service delivery and digital transformation projects with operators around the world.
  • The report assessed vendors on a wide range of criteria, including strategy, execution and how well they can help communications service providers (CSPs) implement cutting-edge use cases and the next level of IT architecture.
  • “For the second consecutive year, Netcracker was recognized as a leading vendor based on the execution and strategy criteria evaluated in our comprehensive study of the global telecom IT market,” said Martina Kurth, CEO and Founder of Telco Republic.
  • “The telecom industry is in a state of transition as operators look to leverage and monetize their 5G infrastructures while reducing costs and complexity and introducing game-changing technologies like GenAI.

Tecnotree's Comprehensive Next-Generation BSS Solutions to Drive Nuh Digital’s Transformation

Retrieved on: 
Wednesday, February 28, 2024

Tecnotree’s digital marketplace solutions will enable the company to introduce new digital services quickly and cost-effectively.

Key Points: 
  • Tecnotree’s digital marketplace solutions will enable the company to introduce new digital services quickly and cost-effectively.
  • “This partnership with Tecnotree signifies an important step forward for Nuh Digital.
  • As we progress with our digital transformation journey, Tecnotree’s scalable solutions will cater to our specific requirements, ensuring enhanced operational efficiency, refined business agility, and improved value and service for our customers.”, said Laerte Magalhães, CEO of Nuh Digital.
  • “We are delighted to partner with Nuh Digital and provide them with our full set of 5G-ready BSS tools," said, Padma Ravichander, CEO of Tecnotree Corporation.

Bytedance Partners with Tecnotree Moments for Next Gen AI and 5G Telecom Enterprise Monetization

Retrieved on: 
Monday, February 26, 2024

Tecnotree, a global digital platform and services leader for AI, 5G, and cloud-native technologies, is thrilled to announce a ground-breaking partnership with BytePlus, the enterprise arm of Bytedance, to revolutionise wholesale enterprise monetization through Tecnotree Moments campaign management for CSPs.

Key Points: 
  • Tecnotree, a global digital platform and services leader for AI, 5G, and cloud-native technologies, is thrilled to announce a ground-breaking partnership with BytePlus, the enterprise arm of Bytedance, to revolutionise wholesale enterprise monetization through Tecnotree Moments campaign management for CSPs.
  • This collaboration marks a significant milestone in B2B2X digital ecosystem management, showcasing a bold step towards enhanced AI and API monetization strategies for CSPs worldwide.
  • The reseller API integration will see Tecnotree Moments reselling Byteplus’s advanced media technology on Moments’ campaign and marketplace to a ecosystem of digital services partners through CSPs.
  • Tecnotree will be integrating wholesale advertising, content personalisation, and AIML recommendation models, to help CSPs in B2B2X enterprise monetisation across telecom, social media and digital channels.

Tecnotree Reports High Revenue Growth Above Global Market Trends, in Q4 and Full Year 2023

Retrieved on: 
Thursday, February 22, 2024

The company delivered record revenue at 78.4 M Euros, outperforming global market trends, with excellent demand for Tecnotree products.

Key Points: 
  • The company delivered record revenue at 78.4 M Euros, outperforming global market trends, with excellent demand for Tecnotree products.
  • In 2023, the company increased its investment in AIML competitiveness, which accounted for 15.6% of the total order intake, resulting in AIML revenue exceeding the projected growth for the year.
  • Gartner recognized Tecnotree in their Market Guide for Customer Experience Management and in another Market Guide for Revenue Monetisation and Management.
  • Tecnotree obtained 20 new patents covering various areas such as Augmented Intelligence, Gen AI, ML Ops, and Data Ops.

Tillman's Business Achieves a Key Milestone with CompaxDigital's AWS Public Cloud Implementation with FTTH Rollout

Retrieved on: 
Thursday, February 15, 2024

HILLSBORO, Ore., Feb. 15, 2024 /PRNewswire/ -- CompaxDigital, a pioneering provider of cloud-native Business Support Systems (BSS), and Tillman FiberCo, a leader in symmetrical gigabit broadband development and ownership, announce the completion of their BSS implementation for Tillman's FTTH wholesale business. This achievement signifies a crucial step in Tillman's goal of deploying its open-access fiber network nationwide.

Key Points: 
  • CompaxDigital's BSS solution for Tillman's FTTH rollout encompasses essential features such as Customer Management, Product Catalog, Service Orchestration, Service Management, and Revenue Management.
  • This BSS implementation equips Tillman with a cutting-edge, microservices-based, low-code framework designed to manage comprehensive business processes and deliver outstanding customer experiences across all business lines.
  • The AWS public cloud deployment was crucial for quick and optimal infrastructure rollout and future scaling—and is leveraging CompaxDigital's unique full stack single platform capabilities.
  • "Tillman is an innovator in fiber to the premise and we look forward to continuing the journey supporting its fast-paced growth in its FTTH consumer and business segments."

Incognito Software Systems Named Niche Innovator in Telco Republic’s Annual Disrupter Quintant for Next-Generation Telecom Operations and Business Support Systems

Retrieved on: 
Monday, February 5, 2024

Incognito Software Systems Inc. , a leading global provider of broadband service orchestration, device management, and network intelligence solutions for service providers, announced that Telco Republic has named Incognito a niche innovator in its recent Disrupter Quintant report for Next-generation Telecom Operations and Business Support Systems (NG-TOBS).

Key Points: 
  • Incognito Software Systems Inc. , a leading global provider of broadband service orchestration, device management, and network intelligence solutions for service providers, announced that Telco Republic has named Incognito a niche innovator in its recent Disrupter Quintant report for Next-generation Telecom Operations and Business Support Systems (NG-TOBS).
  • We are delighted to be recognized in Telco Republic’s expert assessment of next-generation telecom OSS/BSS vendors,” said Pete Koat, CEO of Incognito Software Systems.
  • All vendors assessed vary in solutions scope, go-to-market strategy, and market presence, and can support CSPs to meet future challenges.
  • The Telco Republic report includes recommendations for CSPs as they transform their NG-TOBS systems and practices.

SmarTone Selects Oracle to Transform and Adopt Cloud-Based Charging and Billing System at Scale to Accelerate the Delivery of New Services

Retrieved on: 
Thursday, February 1, 2024

HONG KONG and AUSTIN, Texas, Feb. 1, 2024 /PRNewswire/ -- SmarTone Telecommunications Holdings Limited ("SmarTone") has chosen Oracle to transform its Business Support Systems (BSS).

Key Points: 
  • HONG KONG and AUSTIN, Texas, Feb. 1, 2024 /PRNewswire/ -- SmarTone Telecommunications Holdings Limited ("SmarTone") has chosen Oracle to transform its Business Support Systems (BSS).
  • By upgrading its legacy solutions to bring prepaid charging and postpaid billing onto one unified, cloud native platform, Oracle Cloud Scale Charging and Billing will enable SmarTone to efficiently launch and scale differentiated offerings.
  • SmarTone selected Oracle Cloud Scale Charging and Billing to support its existing consumer and business offerings with advanced capabilities such as automated billing, real-time tracking, and customizable invoicing.
  • To learn more about Oracle Communications industry solutions, visit: Oracle Communications LinkedIn , or join the conversation at Twitter @OracleComms .

Tecnotree Secures Top Position, Recognized as a Global Leader in Revenue Management by Precision Reports

Retrieved on: 
Tuesday, December 19, 2023

Tecnotree, a global digital platform and services leader for AI, 5G, and cloud-native technologies, has been recognized as one of the top two companies in revenue management globally, by ‘Precision Reports - Global Telecom Billing and Revenue Market’.

Key Points: 
  • Tecnotree, a global digital platform and services leader for AI, 5G, and cloud-native technologies, has been recognized as one of the top two companies in revenue management globally, by ‘Precision Reports - Global Telecom Billing and Revenue Market’.
  • Tecnotree has garnered recognition as one of the largest providers of Telecom Billing and Revenue management Solutions worldwide.
  • Tecnotree 5G ready revenue management and monetization solutions enable CSPs to manage their revenue management, including rating, charging, billing, payments, collections, revenue assurance, and fraud management.
  • Tecnotree revenue management solution also supports revenue sharing and settlement models across multiple B2B2BX entities.