Cvidya And Netezza Deliver Robust Revenue Assurance Solution
LONDON & TEL AVIV, Israel & MARLBOROUGH, Mass., — 9th Annual Revenue Assurance and Cost Management in Telecoms — cVidya Networks, the leading provider of revenue and cost assurance solutions to communications service providers worldwide, and Netezza Corporation (NYSE: NZ), the global leader in data warehouse and analytic appliances, today announced a complete, usage-based revenue assurance solution based on cVidya’s MoneyMap® and the Netezza data warehouse platform.
cVidya and Netezza now offer a complete, all-in-one solution that makes it possible for service providers to access, analyze, and reconcile the massive amounts of usage data required to address revenue assurance and revenue leakage issues that are typically not visible at the summary levels offered by other vendors. The scalability, performance and ease of use of the Netezza data warehouse platform provide the underlying infrastructure for this new revenue assurance solution.
The ability to accurately detect and prevent revenue leakage across all points in the revenue stream including provisioning, activation, third-party activity and billing depends on service providers having a 360-degree view of their revenue streams with several months of usage history at their fingertips. This new revenue assurance solution allows for call detail records to be captured, loaded, and monitored for in-depth comparison and analysis with the data captured and loaded from complex OSS and BSS systems.
As an expert revenue assurance solution, cVidya’s MoneyMap software has been used time and again to identify, track and help reclaim millions of dollars of revenue leakage. More than 20 leading communications service providers have selected cVidya to be their revenue and cost assurance solutions provider. Netezza’s data warehouse and analytic appliances have been successfully implemented in seven of the 10 largest network operators, delivering analyses on hundreds of terabytes of detailed usage data at a fraction of the cost of traditional approaches. This joint cVidya/Netezza solution will leverage the best capabilities of both companies.
“We are pleased to be partnering with Netezza to deliver a complete, cost-effective, revenue assurance solution,” said Alon Aginsky, CEO for cVidya.
“Today’s ruthlessly competitive telecommunications environment, combined with the difficult economic times we find ourselves in, make it imperative for network operators to be able to accurately account for all network costs. Traditional approaches to network cost analysis rely on the use of legacy database architectures that rely on sampling to show the most glaring cost discrepancies. The Netezza data warehouse appliance now makes it possible to have all of the data available to get a real picture of your end-to-end cost issues,” said John Gillespie, vice president and general manager of Global Telecommunications for Netezza.
cVidya Networks is a global leader in telecom revenue and cost assurance, data integrity, risk management, and dealer management solutions. Based on highly-advanced revenue assurance technologies, full compliance with industry standards, and market proven methodologies, cVidya’s MoneyMap® platform has already helped to reduce costs and reclaim hundreds of millions of dollars in lost revenue for leading fixed, mobile and triple-play communication service providers. cVidya customers including British Telecom, Telefónica, Vodafone, Swisscom, Telecom Italia, Cable & Wireless, and more. cVidya received the Best Revenue Assurance and Management Project Award at the World BSS Awards 2008. For more information: www.cvidya.com.
About Netezza Corporation
Netezza (NYSE: NZ) is the global leader in data warehouse and analytic appliances that dramatically simplify high-performance analytics for business users across the extended enterprise, delivering significant competitive and operational advantage in today’s information-intensive marketplaces. The Netezza family of appliances brings appliance simplicity to a broad range of complex data warehouse and analytic challenges. Customers who have realized the benefits of Netezza appliances include Ahold, Amazon.com, Debenhams, Department of Veterans Affairs, Epsilon, iBasis, eHarmony, Nationwide, Neiman Marcus, Orange UK, Premier, Inc., Ross Stores, Ryder System, Inc., The Carphone Warehouse and Virgin Media. Based in Marlborough, Mass., Netezza has offices in Washington, DC, the United Kingdom and the Asia Pacific region. For more information about Netezza, please visit www.netezza.com.
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