Gotransverse, Industry Leaders Win 'Best Ecosystem Design' Catalyst Award Second Year Running at TM Forum's Digital Transformation World Event in Copenhagen
AUSTIN, Texas, Sept. 28, 2022 (GLOBE NEWSWIRE) -- Gotransverse (http://gotransverse.com), a leading provider of enterprise order-to-cash solutions, joined forces with Verizon, Vodafone Group, Blue Planet (a division of Ciena), MATRIXX Software, and Salesforce to win ‘Best Ecosystem Design’ in the Catalyst team awards sponsored by TM Forum, a non-profit global industry association dedicated to driving digital business transformation in the communications industry through collaboration. Building on the success of last year’s award-winning project, “Supercharged Edge-Aware Marketplaces – Phase II,” demonstrates the power of real-time business and network intelligence to unlock new 5G monetization opportunities made possible by network slicing and multi-access edge computing (MEC).
5G B2B2X Supercharged Edge-Aware Marketplaces – Phase II is a continuation of the 2021 Catalyst Project, which received the ‘Best Ecosystem Design’ award. CSP services are typically charged using network-centric metrics such as data or minutes used. The edge-aware marketplace goes further, incorporating knowledge of resources available at the service location. As a result, CSPs can capitalize on dynamic pricing based on network orchestration activities and value-delivered usage. Automated revenue sharing is supported so CSPs, application developers, device vendors, service providers, and edge network operators can share revenue.
"The TM Forum Catalyst project has allowed us to demonstrate a practical approach to monetizing next-generation 5G services,” said James Messer, founder and CEO of Gtransverse. “Receiving the Catalyst Award for the second year is extremely gratifying, and it demonstrates that we have developed a 5G marketplace that could change the telecommunications market. It is an honor to share this award with industry leaders who came together to create an inspired solution that will have a lasting impact on CSPs and their customers.”
The Catalyst awards consist of a panel of independent judges to evaluate ten categories from among 40 teams demonstrating proof-of-concept solutions to challenges facing CSPs and their technology partners. TM Forum showcased each Catalyst project during the Digital Transformation World 2022 event in Copenhagen.
"More than ever, Communication Service Providers (CSPs) are seeking ways to generate additional revenue streams in both enterprise and consumer markets," said Marc Price, CTO of MATRIXX Software. "This catalyst project demonstrates how easily CSPs can create branded marketplaces, tapping into a growing partner ecosystem for connected services and devices. We're pleased to be recognized by TM Forum as a leading company with our industry partners, demonstrating the next wave of monetization models for B2B2X solutions."
The Catalyst awards recognize the most revolutionary proof-of-concept demonstrations that advance the telecoms industry. The criteria for the awards consider factors such as industry standards, impact on global sustainability goals, and noteworthy contributions to the acceleration of digital transformation throughout the telecoms industry.
To see the winners of this year’s TM Forum Catalyst awards, please visit the website here.
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