Leading Analyst firm ranks Subex as the global market leader for Revenue Assurance and Fraud Management Solutions, 2011
London, UK - 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 second year in succession, based on revenue in re-stated figures.1
The Gartner research report: “Market Share: Telecom Operations Management Systems (BSS, OSS and SDP), Worldwide, 2010-2011” highlights the overall OSS/BSS and Service Delivery Platform market. According to the report, Subex enjoys 9% market share and maintains its leadership position.
ROC Fraud Management is Subex’s award-winning solution that helps wireless and wireline operators eliminate known frauds, uncover new fraud patterns, minimize fraud run time, augment internal controls and support continuous fraud management process improvement.
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. It provides unprecedented automated correction capabilities to improve bottom-line results and provide a quick return-on-investment.
"We are extremely pleased with this validation of the continuation of our leadership position in the Revenue Assurance and Fraud Management space. This is a significant achievement and of even more interest is the fact that Subex has grown faster than the market and the gap between Subex and the nearest competitor has widened. While our relentless focus on delivering value to our customers was a key differentiator, our long-term vision as well as alignment with the market to address problems in areas such as Mobile Payments, M2M have been key drivers to our position. This milestone only encourages us to continue to challenge ourselves to keep on adding more value to our customers", said Sudeesh Yezhuvath, Chief Operating Officer, Subex.
1 Source: Gartner, “Market Share: Telecom Operations Management Systems (BSS, OSS and SDP), Worldwide, 2010-2011” by Martina Kurth, Norbert J. Scholz, Kamlesh Bhatia, 23 March 23, 2012.
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 experience 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 enable revenue assurance, fraud management, data integrity management, cost management and interconnect / inter-party settlement. Subex also offers a scalable Managed Services program and has been the market leader in Business Optimisation for four consecutive years. 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 16 of top 20 wireless operators worldwide* and 26 of the world's 50 biggest# telecommunications service providers. The company has more than 300 installations across 70 countries.
*RCR Wireless list, 2010
#Forbes' Global 2000 list, 2010