Subex - Press Release
Subex Ltd on March 11, 2008 has announced that it secured 21 new North American OSS deals during the past 11 months. The majority of North American new business came from Tier-One providers who selected Subex to satisfy a mix of Fulfillment Assurance and Revenue Management needs.
“We continue to realize many synergies with the integration of the Syndesis Fulfillment products as we deliver OSS transformation solutions to many of the world’s largest and most sophisticated service providers - including Service Provisioning, Order Management, Revenue Assurance, Fraud Management, Interparty and Cost Assurance, and Data Integrity Management deployments,” said Greg LeNeveu, President - Americas, Subex Ltd. “This momentum and continued market traction positions Subex as an essential supplier of OSS solutions that deliver on the promise of operational dexterity.”
Subex offers the industry’s broadest range of OSS software solutions for world-class Revenue Maximization and Service Fulfillment programs. It is the market leader in Revenue Management solutions, enabling service providers to dramatically reduce risks to the revenue chain by controlling multipe causes of revenue leakage, promoting operational efficiency and, hence, higher profitability.
Through its award-winning Syndesis Service Fulfillment solutions, Subex enables service providers to quickly and easily define, create and activate new, high-margin services, resulting in sustained competitive advantage through enhanced service agility. The Company also has pioneered the concept of the Revenue Operations Center (ROC), which empowers a service provider to understand how operations and process performance directly affect its margins and to take action to ensure competitive advantage.
Subex attributes its latest success to several factors, including its ever-increasing refinement of OSS best practices that are based on production-proven implementations and the growth of the Revenue Management and Service Fulfillment 0SS sectors. In addition, service providers have moved from a healthy awareness of Revenue Assurance programs, for example, to a commitment to developing full teams and initiatives aimed at maximizing revenues.
The Company also points to its ability to identify and adapt to the unique needs of its diverse, global customer base as a distinct advantage. “Some of our customers want the ability to customize our solutions to their specific needs and manage them internally, while others prefer to take advantage of our managed service offerings,” LeNeveu explained.
Through its acquisitions of Azure Solutions and Syndesis, Subex offers a pragmatic and production-proven path to operations transformation, offering a lower-risk approach to automating key processes and migrating to next-generation services. Leading service providers around the world turn to Subex to transform operations, adopt lean and agile operating principles and achieve sustainable profitability.
“The growth and momentum we have achieved during the past year in North America is a testament to all Subexians and our partner customers that are working together to spur innovation and positive change within their organizations,” said Subash Menon, Founder Chairman, Managing Director & CEO, Subex Ltd. “The drive for OSS transformation is having a profound impact for telecom operators and the growth in deal flow illustrates the industry-wide commitment to becoming more streamlined, agile and efficient.”
