Redknee, Tech Mahindra Ready Telco-in-a-Box Solution
This week at the Mobile World Congress (News - Alert) in Barcelona, Spain, business-critical billing and charging software provider Redknee Solutions Inc.and systems integrator Tech Mahindra jointly revealed a Telco-in-a-Box that provides MVNO/Es with a low-risk, flexible solution that can be released to the market in weeks.
Telco-in-a-Box is a joint solution resulting from a partnership between Redknee (News - Alert) and Tech Mahindra, which was established in 2011. According to the partners, Telco-in-a-Box is a next generation billing and customer care solution with a faster deployment speed for service providers.
The pre-packaged end-to-end converged billing and IT solution is equipped with real-time billing tools and deep business intelligence that will enable MVNO/Es to target niche markets, launch differentiated offerings and create real-time, personalized promotions and campaigns in order to increase revenues and enhance customer experience, said the partners. The developers said that the open and flexible approach also supports MVNO/Es to increase their tight margins through its seamless integration with loyalty programs and third party partnerships.
Available on-premise or as a cloud-based solution, Telco-in-a-Box offers a low-risk business model that enables MVNEs and Tier 1 wholesale platforms to stay versatile while growing their business and to minimize initial investments, said the makers. With flexible deployment options, as well as pay-as-you-grow commercial models and multi-tenant capabilities, MVNO/Es have the agility and scalability to support new business models, such as onboarding and providing billing and customer care solutions for new MVNOs, on the same platform, according to the partners.
In a statement, Lucas Skoczkowski (News - Alert), CEO, Redknee, commented, "We are extremely pleased to announce the availability of this joint solution with Tech Mahindra. The development of Telco-in-a-Box is the latest example of how our growing partner ecosystem is creating innovative offerings that are focused on accelerating the growth strategies of our customers. At Redknee, we continue to invest in developing cloud-based and on-premise monetization solutions to enable service providers to increase revenues, improve the customer experience and grow profitability."
In another statement, Pritam Parvatkar, Sr. Director, Global Alliances, Tech Mahindra, stated, "The rich product portfolio of Redknee combines well with Tech Mahindra's deep domain expertise to offer unique value to our customers. Telco-in-a-Box is the culmination of both companies' strengths in providing MVNO/E solutions that accelerate their growth strategies and increase profitability. We are pleased to work with Redknee to deliver this joint solution, which testifies our proactive involvement in investing and growing with partners."
Edited by Rich Steeves