Leading Industry Analyst Firm Ranks cVidya as the Global Market Leader for Revenue Assurance and Fraud Management Solutions
Ranking published in Research Firm’s latest Telecom Operations Management Systems (TOMS) market share report issued in March 2011
London, April 11, 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 Gartner has ranked cVidya as number 1 for global market share for 2010 in the revenue assurance and fraud management space for telecom operators based on revenue. The release of Gartner’s report “Market Share: Telecom Operations Management Systems (BSS, OSS and SDP), Worldwide, 2009-2010” follows cVidya’s recent wins in Revenue Assurance and Fraud Management and the launch of the Integrated Revenue Intelligence Solutions (IRIS®) suite in 2010.
“We are delighted with our position as the leading provider of solutions for Revenue Assurance and Fraud Management”, commented Alon Aginsky, President and CEO of cVidya Networks. “With the acquisition of ECtel in the beginning of 2010, cVidya was able to consolidate the product portfolios of both companies to the new Revenue Intelligence domain. cVidya’s innovative solutions provide the optimum response to the market’s growing need for convergent fraud management and revenue assurance solutions, which with today’s rapid technological and business developments, continues to enable operators to improve their bottom line.”
cVidya’s IRIS® suite provides full integration between the FraudView® v9, covering new fraud patterns, new services and technologies, and cVidya’s Revenue Assurance products MoneyMap® and RAP®. It is designed to help operators maximize their margins, improve their customer experience and optimize eco-system relationships through revenue assurance, fraud and risk management, dealer management, margin analytics, and clearinghouse services. The end-to-end solution provides operators with a 360-degree view of their revenues, costs and margins.
In 2010 cVidya also introduced the cVidya Cloud offering, supporting a “pay-as-you-go” pricing model and free updates, enabling small & medium sized CSP’s to reduce revenue leakage and fraud losses and improve margins with lower and more predictable costs.