Subex Ltd, a leading global provider of Business Support Systems (BSS) for Communications Service Providers (CSPs), announced today that leading analyst firm Gartner has ranked Subex as the market leader in the Revenue Assurance and Fraud Management for the third year in succession, based on revenue.
The Gartner research report: “Market Share: Telecom Operations Management Systems (BSS, OSS and SDP), Worldwide, 2011-2012” 1 highlights the overall OSS/BSS and Service Delivery Platform market. According to the report, Subex enjoys 8% market share and maintains its leadership position.
Vinod Kumar, Chief Operating Officer, Subex commented,"We are extremely pleased with this validation of our leadership position in the Revenue Assurance and Fraud Management space for the third year in a row. Our perseverance and commitment, to enable telecom service providers build competitive advantage in this volatile marketplace, has firmly helped us consolidate our leadership position. He further added,“We aim to continue to grow faster, strengthen our key solutions with our Managed Services offering and expand our global footprint with new analytics initiatives such as ROC® Asset Assurance and ROC Data Integrity Management.”
ROC Fraud Management is Subex’s award-winning solution built to drive fraud prevention by eliminating known frauds, uncovering new fraud patterns, minimizing fraud run time, augmenting internal controls, and supporting continuous fraud management process improvement. ROC Fraud Management detects known fraud types and patterns of unusual behavior, helps investigate these unusual patterns for potential fraud, and uses the knowledge, thus generated, to upgrade and protect against future intrusions.
ROC Revenue Assurance is designed not only to detect potential revenue loss, but also to assist an operator with its investigation, diagnosis and recovery of these revenues. The solution offers two path breaking concepts - RevenuePad and Zen which simplifies and speeds up the process of revenue recovery. It helps customers address revenue assurance challenges inherent to individual service verticals: Wireless, Fixed, Cable MSPs, and MVNOs. It also helps them address revenue assurance issues across multiple functional areas, such as service fulfillment, usage integrity, retail billing, interconnect/wholesale billing, and content settlement.
Subex was recently awarded the 2012 Global Communications Service Provider Financial Assurance Market Share Leadership Award by Frost & Sullivan. Subex’s product line market acceptance, overall global revenue in the four regions namely Asia Pac, EMEA, CALA and NA and its breadth of product line solution offering capability through the Revenue Operations Centre (ROC) were identified as key performance drivers for Subex.
1Gartner,“Market Share: Telecom Operations Management Systems (BSS, OSS and SDP), Worldwide, 2011-2012” Martina Kurth, Norbert J. Scholz, Kamlesh Bhatia, 26 March 2013
About Subex Limited
Subex Limited is a leading global provider of Business Support Systems (BSS) that empowers communications service providers (CSPs) to achieve competitive advantage through Business Optimisation - thereby enabling them to improve their operational efficiency to deliver enhanced service experiences to subscribers.
The company pioneered the concept of a Revenue Operations Center (ROC®) a centralized approach that sustains profitable growth and financial health through coordinated operational control. Subex's product portfolio powers the ROC and its best-in-class solutions such as revenue assurance, fraud management, credit risk management, cost management, route optimization, data integrity management and interconnect / inter-party settlement.
Subex (subexworld.com) also offers a scalable Managed Services program and has been the market leader in Revenue Assurance and Fraud Management according to Gartner (2010 & 2011). Subex has also been enjoying market leadership in Business Optimisation for five consecutive years according to Analysys Mason (2007, 2008, 2009, 2010 & 2011). Subex has been awarded the Global Telecoms Business Innovation Award for 2011 along with Swisscom for industry’s first successful Risk Reward Share model for fraud management.
Subex's customers include 28 of top 50 operators* and 33 of the world’s 50 biggest# telecommunications service providers worldwide. The company has more than 300 installations across 70 countries.
*GTB Carrier Guide, 2011 #Forbes’ Global 2000 list, 2011