Subex Blog

Get access to a curated list of the latest blog posts covering a wide range of topics from the telecom industry.

Archives: Press Releases

The quarter also marks the company’s entry into oil & gas vertical with a key win

AUGUST 9th 2021, BENGALURU, INDIA – Subex, a pioneer in the space of Digital Trust, today announced its consolidated financial results for the first quarter of 2021.

Performance Highlights for the quarter ended June, 2021:

Revenue for the quarter at INR 806 million as against INR 887 million in Q1FY21.
 EBIDTA for the quarter at INR162million as against INR 296 million in Q1FY21
 Profit after Tax (PAT) for the quarter at INR135million as against INR 152 million in Q1FY21

Commenting on the results, Vinod Kumar, Managing Director & CEO, Subex, said: 

“Businesses are still coming to terms with the uncertainty brought in by the second wave of COVID-19, and this has had some bearing on our ability to deliver projects as several Subexians were infected during Q1. Even though the project delivery delays had negatively impacted our Q1 revenues, we will be able to get to our growth targets in the coming quarters.

At Subex, our focus has been on fostering sustainable innovation translating into a profitable portfolio that is future proof. Towards this we launched HyperSense which is a no-code AI platform that enables enterprises to achieve accelerated growth through AI. It was very well received by the market, and we are in advanced stages of engagement with multiple operators. Additionally, we have also witnessed some notable wins for our newer offerings of IoT/OT Security and Identity Analytics. With markets fully opening in many geographies, many new projects that were put on hold due to pandemic have been reinitiated. All these will result in increased opportunities and therefore growth in coming quarters.”

Highlights of the Quarter

Subex launched HyperSense to scale up AI offering for the next phase of growth.
Subex Secure and Spire Solutions entered a strategic partnership and won a project to secure a leading oil and gas company in the Middle East
A Middle East operator partnered with Subex for a multi-million-dollar Capacity Management deal.
Subex partnered with Snowflake to bring the power of AI-driven augmented analytics to customers.
Subex Inc. received loan waiver from US Govt. under Paycheck Protection Program

About Subex

Subex is a pioneer in enabling Digital Trust for businesses across the globe. Founded in 1994, Subex helps its customers maximise their revenues and profitability. With a legacy of having served the market through world-class solutions for business optimisation and analytics, Subex is now leading the way by enabling all-round Digital Trust in the business ecosystems of its customers. Focusing on risk mitigation, security, predictability and intelligence, Subex helps businesses embrace disruptive changes and succeed with confidence in creating a secure digital world for their customers.

Through HyperSense, an end-to-end augmented analytics platform, Subex empowers communications service providers and enterprise customers to make faster, better decisions by leveraging Artificial Intelligence (AI) analytics across the data value chain. The solution allows users without a knowledge of coding to easily aggregate data from disparate sources, turn data into insights by building, interpreting and tuning AI models, and effortlessly share their findings across the organisation, all on a no-code platform.

Subex also offers scalable Managed Services and Business Consulting services. Subex has more than 300 installations across 90+ countries. For more information, visit www.subex.com

JUNE 22, 2021, DUBAI/BENGALURU: Subex, a leading provider of Digital Trust, Internet of Things (IoT) and Operational Technology (OT) cybersecurity solutions, and Spire Solutions, Middle East & Africa’s leading value-added distributor (VAD), have announced a strategic tie-up to address the steep rise in cyberattacks and associated cyber risks in the region.

As per the findings of Subex’s latest threat landscape report, segments such as oil and gas, manufacturing, and healthcare have been at the receiving end of complex and persistent cyberattacks in the Middle East. The volume of inbound cyberattacks grew by 67 percent in the first 4 months of 2021 and continues to increase with each passing month.

A major area of concern in the region is that some of the cyberattacks are targeting the health and safety mechanisms in industrial facilities leading to occupational safety risks to employees. The collaboration between Subex and Spire will ensure that these businesses are protected at critical infrastructure level security with the most comprehensive stack of Internet of Things, Operational Technology, and converged environment (IoT-OT and Information Tech) protection solutions.

Leading Middle East-based oil and gas entity signs up Subex and Spire

Subex and Spire have also just been awarded a project by a major oil and gas entity in the Middle East to meet its cybersecurity, device discovery, and cyber risk assessment requirements. The said entity currently manages refinery, petrochemicals, and LNG import operations through one of the biggest petroleum complexes in the region.

As part of the project, Subex is deploying its IoT and OT security solution Subex Secure to detect, contain and address unauthorized intrusions and threats, improve cybersecurity posture, and ensure overall protection from malware and disruption caused by cyberattacks. The project will help the entity focus on its core business objectives while Subex and Spire ensure secure operations, assets, and infrastructure across locations and projects.

Subex currently runs the world’s biggest adaptive honeypot network spread across over 70 cities. This gives the company the width and depth in threat intelligence aggregation that helps in detecting the latest and the most sophisticated cyber threats.

“We are delighted by this win that has come in so early in our partnership with Spire. It is a validation of our joint mission to secure businesses in the region. I am confident that this partnership will enable businesses to benefit from the synergies brought about by the strengths of both organizations. With the rising number of cyberattacks and the consequent increase in cyber risks, businesses should now accord a higher degree of priority and attention to cybersecurity. We look forward to this strategic partnership evolving into a cornerstone for securing businesses and their operations,” said Vinod Kumar, Managing Director & CEO, Subex.

Mohieddin Kharnoub, Chief Revenue Officer of Spire, said “We are seeing a growing trend of OT, IoT and IIoT environments being targeted by cybercriminals. Securing these is not the same as securing the IT environment. We are glad to partner with Subex to bring a bespoke approach to our region and to further strengthen our efforts to secure IT, OT, and IoT environments. The project we recently got awarded is a testimony to the regional needs and our joint ability to fulfill it successfully.”

About Subex Limited

Subex is a pioneer in enabling Digital Trust for businesses across the globe.

Founded in 1994, Subex has spent over 25 years in helping global Communications Service Providers maximize their revenues and profitability. With a legacy of having served the market through its world-class solutions for business optimization and analytics, Subex is now leading the way by enabling all-around Digital Trust in the business ecosystems of its customers. Focusing on privacy, security, risk mitigation, predictability, and confidence in data, Subex helps businesses embrace the disruptive changes in the business landscape and succeed with Digital Trust.

Subex leverages its award-winning product portfolio in areas such as Revenue Assurance, Fraud Management, Network Analytics, and Partner Management, and complements them through its digital solutions such as IoT Security and Insights. Subex also offers scalable Managed Services and Business Consulting services. Subex has more than 300 installations across 90+ countries.

For more information, please visit www.subexsecure.com/

About Spire Solutions

Spire Solutions is the Middle East & Africa’s leading value-added distributor (VAD), with exclusive distribution rights for some of the world’s best-known cybersecurity vendors (OEMs) that offer niche solutions and services. Spire engages, empowers and enables channel partners across Middle East & Africa via various partnership models and partner success programs.

Driven by a strong dedication to customer success and solving problems without creating new ones, we have built a reputation of being the preferred security partner to CISOs of several government organizations and enterprises in the region.

For more information, please visit www.spiresolutions.com/

17th MAY 2021, BENGALURU, INDIA – Subex, a pioneer in the space of Digital Trust, today announced its consolidated financial results for the year ended 31st Mar 2021.

Commenting on the results Anil Singhvi, Chairman of the board, said, “Subex has performed well in FY21 despite the challenges due to the pandemic, and has closed Q4 with increased growth and profitability. The successful completion of the capital reduction has helped the company’s balance sheet to become leaner and in line with size of the business. We are making good progress in the new areas and I am also excited to see the early interest for HyperSense, our new augmented analytics platform, and a path towards successful transition to a SaaS-based business.

Encouraged by good cash balances, we are happy to recommend a final dividend of 5%, together with interim dividend of 10%, total dividend for the FY21 is 15%. It will be our endeavor to deploy the cash into new age businesses and keep rewarding shareholders with the idle cash.

Performance Highlights for the quarter and year ended March 31, 2021:

(INR in Millions)

Particular	Qtr ended Mar’31 2021	Qtr ended Dec’31 2020	Growth
Revenue	962	939	2.4%
EBITDA	231	203	13.8%
PAT	156	87	79.3%

Particular	Year ended Mar’31 2021	Year ended Mar’31 2020	Growth
Revenue	3,720	3,650	1.9%
EBITDA	985	942	4.6%
PAT#	517	(2,692)	119.2%

# PAT includes INR 29 million as exceptional gain in FY21 and INR 3,177 million as exceptional loss in FY20.

Vinod Kumar, Managing Director & CEO, Subex, said, “Despite the challenging situation posed by the pandemic, I am happy to say that we have ended the year on a positive note, with a steady revenue and improved profitability. Our unwavering focus towards ensuring customer success through our Digital Trust strategy and the strength of our AI/ML-driven product suite has helped us to close key wins for both our core products and in new areas. The fact that we were able to quickly adapt to the hybrid mode of working and continued delivering value to our customers without any disruption is a testament to the spirit of Subexians.

We have made significant strides towards enhancing our product portfolio. We have added new capabilities to our Partner Ecosystem Management offering, and the solution is garnering positive interest. Furthermore, our partnerships on Blockchain with other industry players will help in accelerating its adoption to solve the real-life challenges of the telecom industry. Our IoT Security solution has also been enhanced to now cover Operational Technology (OT) use cases. We have also seen positive traction for our Capacity Management solution in the last year. Besides these product lines, we have augmented our overall solution suite to support 5G and other digital requirements.

FY22 will be a very exciting year for Subex, as we enter a new era for the company with the launch of HyperSense, our no-code, end-to-end augmented analytics platform. HyperSense will be a gamechanger for both our customers as well as Subex. For enterprises, HyperSense will change how AI is adopted within business teams. For Subex, HyperSense marks the start of the company’s platform journey and will improve our ability to roll out products to the market faster.

Highlights of the Year

Capital Structure

Successful Completion of the capital reduction process
Declared interim dividend of 10% after a gap of 14 years

Product Launches

Partner Ecosystem Management to help CSPs to accelerate their digital services portfolio expansion

Core Product Wins

stc (Saudi Telecom Company) for integrated Revenue Assurance and Fraud Management solution
Telefonica for the latest version of Fraud Management
Tier-I North American operator for Partner Ecosystem Management
Tier-I APAC operator for Business Assurance

New Area Wins

Africa regulatory body for Capacity Management
Tier-I APAC operator for IDcentral
Leading mobile lending platform in the APAC market for IDcentral
Middle East petroleum company for Subex Secure

Other Announcements

Gartner’s Emerging Technologies and Trends Impact Radar for Artificial Intelligence in Telecom Report – Sample Provider for Augmented Analytics
Tech Mahindra partnership to drive adoption of blockchain-based solutions for telecom operators globally
SkyLab partnership to secure shipping industry
O-RAN Alliance participation to help accelerate the adoption of open radio access networks

About Subex

Subex is a pioneer in enabling Digital Trust for businesses across the globe.

Founded in 1994, Subex helps its customers maximize their revenues and profitability. With a legacy of having served the market through world-class solutions for business optimization and analytics, Subex is now leading the way by enabling all-round Digital Trust in the business ecosystems of its customers. Focusing on risk mitigation, security, predictability, and intelligence, Subex helps businesses embrace disruptive changes and succeed with confidence in creating a secure digital world for their customers.

Through HyperSense, an end-to-end augmented analytics platform, Subex empowers communications service providers and enterprise customers to make faster, better decisions by leveraging Artificial Intelligence (AI) analytics across the data value chain. The solution allows users without coding knowledge to easily aggregate data from disparate sources, turn data into insights by building, interpreting and tuning AI models, and effortlessly share their findings across the organisation, all on a no-code platform.

Subex also offers scalable Managed Services and Business Consulting services. Subex has more than 300 installations across 90+ countries. For more information, visit www.subex.com.

6th May 2021; Denver, Subex, a pioneer of Digital Trust, announced a partnership with Snowflake, the Data Cloud company, to bring the power of AI-driven Augmented Analytics to enterprises. Subex, through its Augmented Analytics platform, HyperSense, and Snowflake will combine competencies to enable enterprises to accelerate their data analytics journey and realize the true value of their data.

Subex’s HyperSense is an Augmented Analytics platform that helps organizations enhance innovation and growth across businesses through AI-driven decision analytics. It increases productivity and efficiency through a drag & drop function and does not require coding expertise to build analytics models. It enables business users to evolve into citizen data scientists and delivers quick ad-hoc use cases. Through the partnership, Subex and Snowflake aim to bring accelerated efficiency and agility to enterprises and help them innovate and create greater value for their businesses.

Research shows that 87% of organizations have low Business Intelligence (BI) maturity and adoption rate of only 30% across all its employees. Organizations are not able to fully maximize the benefits of data analytics in such a scenario due to multiple reasons such as high investment requirements, lack of the right skillsets, security, and compliance, and data silos. To solve these challenges and accelerate the adoption of AI within the enterprise community, Subex’s HyperSense platform with Snowflake’s Data Cloud aims to organize and secure data in the cloud and make it AI-ready.

“Data has become the most useful asset for any organization, and how they utilize it to generate maximum value for everyone in the value chain is going to differentiate any data-driven organization from the rest. The vision of the partnership between Subex and Snowflake is to change the way companies access and explore their data. Snowflake’s Data Cloud is mobilizing data globally. We believe that partnering with Snowflake provides us with an opportunity to access a much wider decision analytics market.

The objective of this partnership is to bring data science closer to the business by democratizing AI and increasing adoption of BI, enabling a process automation layer, and a selection of pre-built reference use cases. We are excited to join hands with Snowflake to deliver exponential value to our customers.”, said Suresh Chintada, Chief Technology Officer, Subex.

Vimal Venkatram, Snowflake’s Country Manager for India, said, “Snowflake’s vision is a world with unlimited access to governed data so that every organization can tackle the challenges and opportunities of today and reveal the possibilities of tomorrow. Snowflake’s Data Cloud unique capabilities combined with Subex’s HyperSense platform will provide enterprises with a cohesive automated suite to ensure users harness the full potential of AI across the entire data value chain. Our customers will be able to unite their siloed data, securely share governed data, and execute diverse analytic workloads. Through the partnership with Subex, we look forward to helping every business become data-driven“.

About Subex 

Subex is a pioneer in enabling Digital Trust for businesses across the globe. 

  Founded in 1994, Subex helps its customers maximize their revenues and profitability. With a legacy of having served the market through world-class solutions for business optimization and analytics, Subex is now leading the way by enabling all-around Digital Trust in the business ecosystems of its customers. Focusing on risk mitigation, security, predictability, and intelligence, Subex helps businesses embrace disruptive changes and succeed with confidence in creating a secure digital world for their customers.

  Through HyperSense, an end-to-end augmented analytics platform, Subex empowers communications service providers and enterprise customers to make faster, better decisions by leveraging Artificial Intelligence (AI) analytics across the data value chain. The solution allows users without coding knowledge to easily aggregate data from disparate sources, turn data into insights by building, interpreting, and tuning AI models and effortlessly share their findings across the organization, all on a no-code platform.

  Subex also offers scalable Managed Services and Business Consulting services. Subex has more than 300 installations across 90+ countries. For more information, visit www.subex.com/.

  About Snowflake

Snowflake delivers the Data Cloud — a global network where thousands of organizations mobilize data with near-unlimited scale, concurrency, and performance. Inside the Data Cloud, organizations unite their siloed data, easily discover and securely share governed data, and execute diverse analytic workloads. Wherever data or users live, Snowflake delivers a single and seamless experience across multiple public clouds. Snowflake’s platform is the engine that powers and provides access to the Data Cloud, creating a solution for data warehousing, data lakes, data engineering, data science, data application development, and data sharing. Join Snowflake customers, partners, and data providers already taking their businesses to new frontiers in the Data Cloud. Snowflake.com.

A flexible, modular, and no-code solution built to accelerate the adoption and democratisation of Artificial Intelligence (AI) in enterprise analytics
Now, enterprise business users can easily compose business-critical analytics use cases, with powerful yet easy-to-use capabilities using HyperSense

22^nd April 2021, Denver – Subex, a pioneer in Digital Trust, today launches HyperSense, an end-to-end Augmented Analytics platform that helps enterprises make faster, better decisions by leveraging Artificial Intelligence (AI) across the data value chain.

Developed based on Subex’s extensive data analytics experience, HyperSense contains all the Augmented Analytics capabilities enterprises need in one flexible and modular platform. HyperSense‘s unique no-code capabilities allow users without a knowledge of coding to easily aggregate data from disparate sources, turn data into insights by building, interpreting, and tuning AI models, and effortlessly share their findings across the organization.

First defined by Gartner, Augmented Analytics uses enabling technologies such as machine learning and AI to assist with data preparation, insight generation, and insight explanation. It empowers experts as well as non-data scientists by automating many aspects of data science, including model development, management and deployment of AI models.

AI is still in the early stages of meaningful adoption in most businesses. Enterprises eager to harness the promise of AI and machine learning technology typically encounter multiple roadblocks such as demonstrating proof of value through nimble pilots; the absence of an integrated AI and data stack, and a lack of AI skills.

HyperSense solves all these challenges through five powerful yet modular studios:

Data Management Studio gives users one-place access to batch and streaming data across multiple data formats and lets them search, enrich, structure, and validate the data collected from across the business;
Business Modelling Studio allows users to apply rules and run data audits in real-time, profile information, monitor and forecast business KPIs;
AI Studio adds AI capabilities such as model building, model diagnostics, explainable AI, and hyperparameter tuning;
Business Intelligence Studio visualises the data analytics output for fast insights and easy sharing;
Process Automation Studio allows users to create actions and workflows to drive forward decisions based on the data insights.

HyperSense also includes a number of pre-built analytics use cases in marketing, finance, and technology verticals for enterprises to deliver ultra-fast results. In addition, customers can use the HyperSense platform to build their own tailor-made, AI-powered analytics applications.

The cloud-native platform can be integrated with existing data management infrastructures or implemented as a standalone, plug-and-play data analytics solution.

Suresh Chintada, Chief Technology Officer, Subex, comments: “Most enterprises struggle to implement AI with business value at its centre. Instead, AI initiatives are driven by data science teams, with little alignment between the priorities of business and IT. We developed HyperSense to address this – it gives organisations more autonomy, wider access to AI and machine learning, and puts more power into the hands of business users. With this game-changing platform, businesses will be able to truly democratise AI and turn data into reliable insights with greater speed and efficiency, supporting elastic business models and significantly accelerating their business transformation.”

HyperSense is a no-code, elastic, cloud-native platform built on open-source technology and can be deployed on-premises, in a hybrid infrastructure, or in any cloud environment. The platform is designed to help enterprises augment ROI from analytics and increase efficiency across the entire data value chain.

About Subex

Subex is a pioneer in enabling Digital Trust for businesses across the globe.

Through HyperSense, an end-to-end augmented analytics platform, Subex empowers communications service providers and enterprise customers to make faster, better decisions by leveraging Artificial Intelligence (AI) analytics across the data value chain. The solution allows users without coding knowledge to easily aggregate data from disparate sources, turn data into insights by building, interpreting and tuning AI models, and effortlessly share their findings across the organisation, all on a no-code platform.

Subex also offers scalable Managed Services and Business Consulting services. Subex has more than 300 installations across 90+ countries. For more information, visit www.subex.com/.

Partnership delivers successful IoT and OT security deployments securing the ecosystem

Bangalore and Singapore, March 17, 2021. Subex, a leading provider of digital trust, Internet of Things (IoT) and Operational Technology (OT) cybersecurity solutions, and SkyLab, a leader in 5G Multi-Access Edge Computing (MEC) and Industrial IoT have announced a partnership to offer IoT and OT cybersecurity solutions and services to the maritime sector.

These solutions offered jointly by Subex and SkyLab have been successfully deployed and are already securing ships and maritime infrastructure across oceans. The industry can look up to this partnership to protect their critical assets from cyberattacks and cybercrime.

This partnership will help boost the overall cybersecurity posture of the maritime industry as ships, offshore and onshore maritime assets, communication channels and shipping infrastructure will now receive the highest levels of cybersecurity protection, threat risk management support, solutions, and services.

According to Subex’s research conducted using data from its global honeypot, shipping companies around the globe were attacked almost 1.5 million times in the last 30 days. Of these, over 64,000 attacks were highly sophisticated and carried out using complex malware and breach tactics. Social engineering, deception, and traffic manipulation were all used to create breaches and enable intrusion into core and peripheral infrastructure.

Targets for these attacks include datacenters, command and control infrastructure, navigation systems, power, and life support systems among others. The increase in volume also increases the chances of a successful breach. Thus, the industry continues to be at risk.     

In addition to the rising threat to maritime infrastructure, there is also the secondary threat of potentially significant losses caused by the loss of shipping days, delays in transit of goods, damage to critical infrastructure, loss of either customer or commercially sensitive data and ransom demands. In one incident off the coast of the United States, hackers tried to take over the navigation systems of a ship and ram the vessel into a port. It was with much difficulty that the crew was able to gain control and prevent a catastrophe.

The International Maritime Organization (IMO), a United Nations specialized agency with responsibility for the safety and security of shipping and the prevention of pollution by ships, has also recognized the importance and urgency required to tackle the challenges posed by cybersecurity risks. IMO has issued MSC-FAL.1/Circ.3 Guidelines on maritime cyber risk management and adopted resolution MSC.428(98) encouraging administrations to ensure that cyber risks are appropriately addressed in existing safety management systems before the first annual verification of the company’s Document of Compliance after 1st January 2021.

Through this partnership, Subex and SkyLab will be jointly offering cybersecurity solutions and services including Security Operations Center services to improve overall maritime cybersecurity posture and cyber–resilience.

Commenting on the partnership, Vinod Kumar, Managing Director & CEO, Subex, said, “This alliance combines Subex’s deep expertise in cybersecurity and SkyLab’s strengths in 4G/5G mobile edge computing and core networking technologies to reliably accelerate, monitor and inspect traffic whilst adapting to dynamic connectivity conditions at sea. This association will help secure the industry and ensure compliance to standards whilst offering reliable protection to both critical and non-critical systems.

“We are delighted to partner Subex in addressing one of the core concerns of the shipping industry – cybersecurity. Together, we endeavor to empower reliable, secured, and cyber-resilient shipping lanes globally by partnering maritime stakeholders, and enable them to secure of their operations, assets, people as well as data,” said Stephen Ho, Group Chief Operating Officer, SkyLab.

About Subex Limited

Subex is a pioneer in enabling Digital Trust for businesses across the globe.

Founded in 1994, Subex has spent over 25 years in helping global Communications Service Providers maximize their revenues and profitability. With a legacy of having served the market through its world-class solutions for business optimization and analytics, Subex is now leading the way by enabling all-round Digital Trust in the business ecosystems of its customers. Focusing on privacy, security, risk mitigation, predictability, and confidence in data, Subex helps businesses embrace the disruptive changes in the business landscape and succeed with Digital Trust.

For more information, please visit https://www.subexsecure.com/

About SkyLab

SkyLab is a digital performance company that optimizes the delivery of content, software and machine data for mission–critical applications globally using the latest edge computing and cloud-native technologies. A Singapore-based deep technology company, it has regional offices in Vietnam, Taiwan, Indonesia and China; providing robust enterprise–grade Industrial IoT (IIoT) and edge cloud products and platforms to varied industrial segments ranging from smart utilities, smart cities and buildings, industrial IoT, maritime as well as the telecommunication sectors. It currently operates an extensive telecommunication network that enables the harvesting of Industrial IoT data from solar farms in close to 2,000 locations across Singapore and has partnerships with leading technology firms such as Microsoft, Intel, Redhat and Subex Limited.

For more information, please visit www.skylabteam.com

2nd March 2021, London, UK – Subex, a pioneer in Digital Trust, announced today that it has become a member of the O-RAN Alliance to support the development and standardisation of Open RAN (radio access networks). With its expertise in advanced network analytics based on machine learning, Subex joins the alliance to help drive innovation in the radio access network domain – ultimately facilitating Open RAN that leverages embedded artificial intelligence (AI) to maximise network performance.

The O-RAN Alliance aims to transform the RAN industry towards an open, intelligent, virtualised, and fully interoperable mobile network ecosystem. The alliance is responsible for creating O-RAN standards and reference architectures to enable a more competitive and vibrant RAN supplier ecosystem with faster innovation. Today, O-RAN Alliance has become a world-wide community of mobile network operators, vendors, and research and academic institutions.

According to Dell’Oro Group, by 2025, 10% of the total RAN market will be captured by Open RAN hardware and software. ABI Research has predicted that Open RAN Capex spending will overtake traditional RAN spending by 2028. Leading European telecommunications operators including Deutsche Telekom, Orange, Telefónica and Vodafone have already committed to deploying Open RAN as part of their 5G rollouts.

The open standards promoted by O-RAN Alliance will allow the development of open interfaces and faster deployment of radio access networks by leveraging technologies such as AI and real-time analytics. As 5G moves towards becoming mainstream, Open RAN at the network edge is expected to benefit applications including autonomous vehicles and Internet of Things (IoT) solutions.

Suresh Chintada, CTO, Subex, comments, “As of today, Subex has proven its vendor-agnostic capabilities catering to use cases that alleviate the critical business challenges faced by network planning and optimisation teams, via its capacity management solution. Through its innovative AI-first approach, Subex helps network teams achieve a higher level of efficiency and accuracy in making smart decisions, resulting in the maximisation of return on network investment and customer experience enhancements. As a next step towards evolving our solution, we are proud to be working with the O-RAN Alliance. Within the alliance, Subex will be extensively involved in working groups related to RAN Intelligent Controller (RIC) and will bring innovation using machine learning and deep learning technologies. Open RAN brings considerable innovation potential to the telecommunications industry. The joint effort of all vendors involved in the alliance will greatly accelerate innovations in the space, and we’re excited to be part of it.”

The O-RAN Alliance was founded in February 2018 by AT&T, China Mobile, Deutsche Telekom, NTT DOCOMO, and Orange, and has since become a global community of mobile network operators, vendors, and research and academic institutions operating in the RAN industry.

About Subex 

Subex is a pioneer in enabling Digital Trust for businesses across more than 300 installations covering 90+ countries.

Founded in 1994, Subex is now leading the way by enabling all-round Digital Trust in the business ecosystems of its customers. Focusing on Intelligence, Identity, Risk Mitigation, Security, and Privacy, Subex helps businesses embrace the disruptive changes in the business landscape and succeed with Digital Trust.

Subex’s AI/ML-based Network Analytics product portfolio provides CSPs with actionable insights towards enhancing service quality and customer experience with the highest accuracy and efficiency. Beyond Network Analytics, Subex’s solutions also cover Revenue Assurance, Fraud Management, and Partner Management, and complements them through its digital solutions such as IoT Security and Insights. Subex also offers scalable Managed Services and Business Consulting services. For more information, visit www.subex.com/.

Subex announces Q3FY21 results; declares interim dividend of 10%

1^st FEBRUARY 2021, BENGALURU, INDIA – Subex, a pioneer in the space of Digital Trust, today announced its consolidated financial results for the nine months ended December 31, 2020.

Commenting on the results Anil Singhvi, Chairman of the board, said, “I am extremely happy to state that Subex’s performance has consistently been in line with expectations. The company today has a cash balance of over Rs. 160 crores as against huge debt just a few years back, which is very encouraging. The board of directors of Subex today decided to pay a 10% interim dividend. It’s a matter of great satisfaction that after a gap of 14 long years, Subex is returning to dividend list.”

Performance Highlights for the Quarter and 9 months ended December 31, 2020:

(INR in Millions)

Particulars	Qtr ended Dec’31, 2020 (CQ)	Qtr ended Dec’31, 2019 (CPQ)	Growth CQ vs CPQ	Qtr ended Sept’30, 2020 (PQ)	Growth CQ vs PQ
Revenue	939	961	-2%	933	1%
EBITDA	203	177	15%	254	-20%
PAT	87	49*	78%	122	-29%

* Excluding Exceptional Item

(INR in Millions)

Particulars	9M ended Dec’31, 2020	9M ended Dec’31, 2019	Growth YoY
Revenue	2,759	2,607	6%
EBITDA	753	559	35%
PAT	361	165*	119%

*Excluding Exceptional Item

Vinod Kumar, Managing Director & CEO, Subex, said “Q3FY21 witnessed Subex deliver another quarter of good results. We are seeing steady progress in new project initiation from our customers and won several contracts, around our core portfolio, from some of the largest names in the telecom world, including Telefonica and Saudi Telecom Company.

In terms of our newer solutions, we secured customers for our Capacity Management and Digital Identity solutions and also forged strategic partnerships in disruptive areas such as Blockchain.

We are excited at the prospect of the upcoming launch of our Augmented Analytics platform, which will revolutionize how enterprises adopt Artificial Intelligence. Overall we are progressing steadfastly towards our vision of being the leaders in the space of Digital Trust, which will result in significant value addition to all our stakeholders.”

Highlights of the Quarter

Selected by stc for intergrated ROC Revenue Assurance and ROC Fraud Management solution
Partnered with Telefonica to provide latest version of ROC Fraud Management
Secured a deal with a regulatory body in Africa to to monitor the network performance and customer experience in the region in near real-time
Partnered with Tech Mahindra to drive adoption of blockchain-based solutions for telecom operators globally
DSO for the quarter ended December 31, 2020 is at 91 days as against 93 days in the previous quarter ended September 30,2020.

About Subex

Subex is a pioneer in enabling Digital Trust for businesses across the globe.

Founded in 1994, Subex has spent over 25 years in helping global Communications Service Providers maximize their revenues and profitability. With a legacy of having served the market through its world-class solutions for business optimization and analytics, Subex is now leading the way by enabling all-round Digital Trust in the business ecosystems of its customers. Focusing on privacy, security, risk mitigation, predictability, and confidence in data, Subex helps businesses embrace the disruptive changes in the business landscape and succeed with Digital Trust.

17 de Diciembre de 2020, LONDON, UK – Subex, pionero en el espacio de Digital Trust, ha sido seleccionado por Telefonica para potenciar sus capacidades de prevención de fraude con la implementación de una solución de próxima generación basada en la última versión de la plataforma ROC Fraud Management. El acuerdo alcanzado contempla el despliegue de la solución ROC FM de Subex en todos los operadores de la unidad Hispam: Argentina, Chile, Venezuela, Ecuador, México, Perú, Uruguay y Colombia.

Telefónica es ampliamente reconocida como una de las compañías más innovadoras en el frente digital, proporcionando constantemente a sus clientes nuevos productos y servicios confiables y seguros. Con el objetivo de reforzar su liderazgo en combatir el fraude, Telefónica deseaba encontrar el socio adecuado que les permitiera trascender de la detección y gestión del fraude a un enfoque proactivo de prevención del fraude.

A través de ROC Fraud Management, Telefónica puede aprovechar la arquitectura Big Data Hadoop de la solución para reducir el tiempo de detección de fraude, mejorar la escalabilidad y facilitar la integración con los data lakes locales de Telefónica. La solución también permitirá a Telefónica reducir el Costo Total de Propiedad (TCO), debido a sus capacidades de Código Abierto y sus reducidos requerimientos de hardware. Finalmente y más importante, Telefónica puede aprovechar las capacidades de inteligencia artificial/aprendizaje automatico (AI/ML) e inteligencia de señalización de ROC Fraud Management para detectar y prevenir los fraudes tradicionales y los de la nueva era en todo el espectro de servicios de voz, datos y digitales.

Según GSMA, el mercado de América Latina está creciendo a un ritmo prometedor, con una base total de suscriptores móviles de 440 millones y una tasa de penetración estimada del 73% para 2025. Este crecimiento también ha llevado a un aumento en los compromisos digitales generales para región. No obstante, lo que esta tendencia también ha dado como resultado es un mayor número de objetivos para ser atacados por los cibercriminales a través de medios como el robo de identidad, la ingeniería social y la extorsión.

Al comentar sobre esta iniciativa, Shankar Roddam, Director de Tiempo Completo y Director de Operaciones, dijo: “Este acuerdo marca otro capítulo en nuestra larga relación con el grupo Telefónica. Es extremadamente positivo ver a Telefónica, uno de los mayores operadores del mundo, tomando tales medidas proactivas para combatir el fraude en las telecomunicaciones. Subex se enorgullece enormemente de trabajar con Telefonica para proteger a sus clientes, complementado nuestra existente colaboración en el ámbito de la ciberseguridad. Subex ha sido seleccionado por Telefonica después de un exhaustivo proceso de evaluación en el que fueron minuciosamente analizadas todas las principales soluciones del mercado“

Miguel Sancho, Director Global Adjunto de Seguridad de Telefonica, dijo, “Mejorar la efectividad en la lucha contra el fraude de telecomunicaciones es una de las prioridades clave para nosotros en Telefónica. Para lograr este objetivo, consideramos imprescindible garantizar que nuestros servicios estén equipados con capacidades de prevención de fraude de última generación. Para hacer esto realidad, nos complace asociarnos con Subex e implementar la última versión de su solución ROC Fraud Management. Esto garantizará tiempos de procesamiento y detección mucho más rápidos, proporcionando mucha más flexibilidad, facilidad de acceso y agilidad a nuestras operaciones“.

Acerca de Subex

Subex es pionero en habilitar Digital Trust para empresas de todo el mundo.

Fundada en 1994, Subex ha pasado más de 25 años ayudando a los proveedores de servicios de comunicaciones globales a maximizar sus ingresos y rentabilidad.

Con el legado de haber servido al mercado a través de sus soluciones de clase mundial para la optimización y análisis de negocios, Subex ahora lidera el camino al permitir la confianza digital integral en los ecosistemas comerciales de sus clientes. Centrándose en la privacidad, la seguridad, la mitigación de riesgos, la previsibilidad y la confianza en los datos, Subex ayuda a las empresas a adoptar los cambios disruptivos en el panorama empresarial y tener éxito con Digital Trust.

Subex aprovecha su galardonada cartera de productos en áreas como Revenue Assurance, Fraud Management, Network Analytics y Partner Management, y los complementa a través de sus soluciones digitales como IoT Security and Insights. Subex también ofrece servicios gestionados escalables y servicios de consultoría empresarial.

Subex tiene más de 300 instalaciones en más de 90 países.