MATRIXX Software Success Attracts Telco Veterans, Appoints Five Strategic Advisors
MATRIXX Software, the global leader in 5G digital commerce solutions for communication service providers (CSPs), today announced the appointment of five strategic advisors with deep experience in building high growth telecom technology companies. These industry veterans will help MATRIXX develop strategies to further expand its leadership in powering 5G deployments for telecom operators worldwide.
Global leaders such as Vodafone, Swisscom, Verizon and Orange (News - Alert) rely on MATRIXX for cloud native digital commerce solutions to radically increase operational agility, grow customer engagement and compete at web scale. The need for CSPs to compete at web scale has never been stronger as the rapid emergence of 5G is ushering in new business and operating models for operators and their enterprise customers.
"5G will support a new category of services for the enterprise market that most CSPs will be ill-equipped to effectively monetize using their existing charging systems," explained John Abraham, Principal Analyst at Analysys (News - Alert) Mason, "In the short to medium term, CSPs will invest in new convergent charging platforms, shifting away from complex and expensive-to-maintain monolithic frameworks. Cloud-native compliant, configurable, standards-based products that deliver exceptional architectural agility will become a key consideration in how CSPs procure systems in the future."
As the only solution provider committed to delivering a configurable out of the box product, MATRIXX has emerged as the disruptor in the BSS and Charging markets. MATRIXX enters the 5G era powered by an impressive Compound Annual Growth Rate (CAGR) in Annual Contract Value (ACV) of more than 40% over the last four years as well as 100% customer retention. MATRIXX's continued success in the market has attracted the talent of new advisors to further the Company's operational evolution and brand leadership.
"These five individuals bring exceptional depth and breadth to an already world-class team. Their expertise spans successful startups, CSPs and establshed networking companies," said Glo Gordon, CEO MATRIXX Software. "As we enter into our hyper-growth phase, each will contribute a wealth of knowledge and experience to support MATRIXX's scale."
She continued, "Demand for our digital commerce solution has never been higher. Network teams deploying 5G know that what has worked in the past will not work in the future. Competitive dynamics, new enterprise opportunities and network agility are exponentially higher with 5G and that is why CSPs are choosing MATRIXX as their charging system partner. It's an incredible time for us and I'm delighted that they have chosen to join us on our journey."
Strategic Advisory Board
Global CSPs are choosing MATRIXX for their 5G deployments as they realize that new ways to compete will require new technology partners. Legacy architectures simply do not enable the agility necessary to meet dynamically changing market demand for new offers and services. MATRIXX's digital commerce solution is built for the future:
Learn more about the agility that global CSPs have achieved at www.matrixx.com/customers.
About MATRIXX Software
MATRIXX Software provides next-generation, cloud native digital commerce solutions that transform how companies do business. Serving many of the world's largest communications companies, IoT players and emerging digital service providers, MATRIXX is committed to delivering a modern commerce platform that easily scales to support global marketplaces and consumption-based services. Through its relentless commitment to product excellence and customer success, MATRIXX empowers businesses to reinvent themselves and succeed as digital leaders.
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