Bangalore, INDIA, May 6, 2009 – Subex Limited, a leading global provider of Operations and Business Support Systems (OSS/BSS), announced today that it has signed an agreement with Vertica, a leading provider of data warehousing solutions, to jointly provide communication service providers (CSPs) with state-of-the-art revenue maximization solutions enhanced with real-time operational intelligence capabilities.
With the rise in subscriber numbers and the growing need for real-time operational processes, the volume of usage data that is collected, stored and processed has risen exponentially. In addition, while strategic business intelligence solutions exist, CSPs have a rapidly growing need for operations intelligence and warehousing that are more granular, timely and flexible. These enable real-time operational analytics, issue diagnoses, root-cause correction and ultimately prevention.
“The winning combination of our industry-leading Revenue Maximization solutions, key components of a Revenue Operations Center (ROC), and Vertica’s high-performance analytic database will provide CSPs with an efficient operations data warehousing system enabling real-time analytics and intelligence leading to greater efficiencies and enhanced business value”, said Colin Hales, Vice President — Global Alliances, Subex Ltd.
Subex’s Revenue Maximization portfolio covers both the revenue and cost streams identifying sources of revenue leakages and avoidable costs. Functions include Revenue Assurance, Cost Management, Fraud Management, Credit Risk Management, Interparty Management, Route Optimization, and Network Asset Assurance. The database software provided by Vertica enables efficient management of large quantities of various usage related data, such as XDRs, signalling traffic, purchase transactions, contact events, and more. This combined solution allows service providers to analyze more granular and timely data at a faster rate while running on a fraction of the hardware they would normally have used.
About Subex Limited
Subex Limited is a leading global provider of Operations and Business Support Systems (OSS/BSS) that empowers communications service providers to achieve competitive advantage and deliver new service experiences to subscribers. The company pioneered the strategic concept of the Revenue Operations Center (ROC) — a centralized framework for end-to-end control of a service provider’s revenue and costs, fostering operational dexterity for sustained profitability.
Subex’s software portfolio powers the ROC and its best-in-class solutions enable new service creation, operational transformation, subscriber-centric fulfillment, provisioning automation, revenue assurance, cost management, data integrity management, fraud management and interconnect/interparty settlement.
Subex’s customers include 32 of the world’s 50 largest service providers. The company has more than 300 installations across 70 countries.
For more information please visit www.subexworld.com.
Forward Looking and Cautionary Statements
Certain statements in this release concerning Subex’s products, strategy and future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, market acceptance of Subex’s products and services, Subex’s ability to implement its growth strategy, competition in Subex’s areas of business and general economic conditions affecting the telecom industry.
About Vertica
Vertica Systems is the market innovator for high-performance analytic database management systems that run on industry-standard hardware. Co-founded by database pioneer Dr. Michael Stonebraker, Vertica has developed column-oriented analytic database technology with an MPP architecture that lets companies of any size store and query very large databases orders of magnitude faster and more affordably than other solutions. The Vertica Analytic Database is available as software only, as an appliance or online as a cloud computing solution. The technology’s unmatched speed, scalability, flexibility and ease of use helps customers like JP Morgan Chase, Verizon, Mozilla, Comcast, Level(3) Communications and Vonage capitalize on business opportunities in real time. Vertica is headquartered in Billerica, Mass. For more information, visit the company’s Web site at http://www.vertica.com.