Telcordia Technologies Presented with Frost & Sullivan Company of the Year Award for its Innovative FMC and IMS Solutions in the European Telecommunications Market
London, 18th September 2006 -- Frost & Sullivan honours Telcordia Technologies with the 2006 Company of the Year Award for demonstrating the ability to advance products with innovative capabilities in the European telecommunications market. In presenting this award, Frost & Sullivan recognises Telcordia Technologies for being the most aggressive vendor for FMC and IMS solutions.
“Telcordia is driving convergence through its Maestro portfolio of IMS-ready products, services and applications, which enable any service over any network, to any device,” notes Frost & Sullivan Industry Analyst Luke Thomas. “With Telcordia’s solution, carriers can also offer feature-rich, value-added services such as quad-play services of voice, video, data and mobile. Accordingly, the company is firmly positioned to develop and implement the futuristic needs of service providers, offering fixed as well as mobile services.”
The time-to-market for the next-generation applications will be quicker through IMS, as carriers will move away from the silo-based model of launching an OSS/BSS for every data application. This implies that carriers will share the same OSS/BSS for new data applications. In this scenario, CAPEX/OPEX costs will be reduced and carriers are likely to be more forthcoming in facing risks while launching new applications.
In addition, the use of Telcordia’s suite of innovative solutions can help deliver the vision of end users having a single mobile device, with a single bill and most importantly, a single address book. With the ability to roll out such services, carriers will be able to reduce churn (currently between 15 to 20 percent in Western Europe) and gain customer loyalty, leading to higher average revenue per user (ARPU).
The company has announced a strategic alliance with NorBelle, an international wireless location technology provider, to provide real-time location information based on the Telcordia Maestro IMS portfolio. Nearly 70 percent of children in Europe aged between 12 and 13 years possess mobile phones. Hence, such location tracking services will be useful to parents, enabling them to know the exact whereabouts of their children at regular time intervals.
“These services will be crucial in times of natural disasters or terrorist acts, where probabilities of verbal communication are minimal and identifying the location of the mobile phone can help provide assistance to the concerned person,” states Mr. Thomas. “Moreover, real-time updates can be useful to carriers promoting targeted marketing messages or advertisements closely associated with users’ interests.”
Telcordia has approximately 560 U.S. patents and 330 foreign patent equivalents to its credit and conducts extensive research in the areas of ADSL, ATM, Frame relay, ISDN and several other next generation technologies. It offers the broadest portfolio of IMS-ready products, applications and services and has proven interoperability with multiple network elements in both pre-IMS and IMS-compliant networks.
Its current and future offerings will enable it to expand its brand globally in order to provide world-class innovative solutions and substantially gain the confidence of its customers on a long-term basis.
Frost & Sullivan presents its Company of the Year Award each year to a company that has demonstrated excellence within its industry based on numerous factors including business development, competitive strategy, and market leadership. The Award recognises outstanding management, consistent growth, and positive social and economic impact on local and national communities and customers. It also acknowledges exceptional customer service and knowledge that enable the recipient to take advantage of market changes.
Frost & Sullivan Best Practices Awards recognise companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.
About Frost & Sullivan
Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company’s industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics. For more information, visit www.frost.com
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