cVidya leads TM Forum Catalyst Project Introducing New Model that Measures the Business Impact of Revenue Assurance

19-May-2011 | News-Press Release

London, May 17, 2011 - cVidya Networks, (www.cvidya.com) the global leader and innovative provider of Revenue Intelligence solutions for Telecom, Media and Entertainment service providers, announced today that they are leading the TM Forum’s Catalyst project that measures the business  impact of  revenue assurance.  The catalyst, “Revenue Assurance Impact Measurement” will be presented at TM Forum’s flagship conference, Management World 2011 in Dublin, May 23 to 26, by members of the TM Forum’s Revenue Assurance Team, led by Gadi Solotorevsky (cVidya CTO).

 

The catalyst proposes a new industry standard to measure the business impact of the revenue assurance activities, including reactive, proactive and risk reduction activities. This model will enable revenue assurance managers to present a comprehensive view of the total impact they are accountable for. The catalyst is championed by leading service providers including British Telecom, China Unicom, China Telecom, MTS Allstream, Swisscom, Telefonica Group and Telefonica O2 Slovakia. Team members also include Ericsson, Huawei, Progress Software and Synaptitude Consulting.

 

cVidya will be playing a prominent role during Management World 2011 participating in another catalyst titled “Energy Smart Grid” which will demonstrate how lessons learned in telecom can be modified for the utilities markets.  cVidya are a Finalist for the TM Forum Excellence Award in the Industry Leadership category -  Gadi Solotorevsky, cVidya CTO will present cVidya’s contribution to the industry.  Additionally, cVidya will be presenting in several sessions and panels, including: “Measuring the Business Impact of Revenue Assurance, “Leveraging cloud infrastructure (IaaS) and cloud platforms (PaaS) to deliver On Demand BSS/OSS applications” “Consuming BSS/OSS Applications from the cloud – Fiction or reality? “ and “Detecting and preventing sophisticated fraudulent activity – A Sky success story”.

 

“We are excited to be leading the Revenue Assurance catalyst team at Management World and enabling service providers to measure the business impact of all their revenue assurance activities ” commented Alon Aginsky, President and CEO of cVidya Networks. “The catalyst highlights how Revenue Assurance is more than just about identifying revenue leakages, it now an integral part of new product planning, preventative activities and risk reduction initiatives. We are looking forward once again to playing a significant role in this event. Management World 2011 enables key players to come together and discuss ideas that benefit and advance the entire industry.”

 

To schedule a briefing with cVidya in Dublin please contact aaron@ncsm.co.il

 

About cVidya Networks

cVidya Networks is a global provider of revenue-intelligence solutions for telecom, media and entertainment service providers. The company’s product portfolio helps operators and service providers maximize margins, improve customer experience and optimize ecosystem relationships through revenue assurance, fraud and risk management, dealer management, margin analytics, and clearinghouse services. Backed by a team of highly skilled professional experts and consultants, cVidya’s solutions have a proven track record of achieving rapid ROI and lower TCO. With over 130 customers in five continents and an extensive network of regional offices in Europe, North America, Latin America and APAC, cVidya has one of the largest installed bases of revenue-assurance and fraud-management implementations worldwide.

Media Contact:

Aaron Godfrey, Account Manager, NCSM Strategic Marketing

+44 (208) 150 6940 or +972-545-346870, aaron@ncsm.co.il. @NCSM_PR

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