CABLE & WIRELESS EXPANDS USE OF CVIDYA’S MONEYMAP® WITH NEW SERVICES AND GLOBAL REACH1
Tel Aviv, Israel - January 16, 2006 - cVidya Networks, a leading provider of next generation revenue assurance solutions, announced today that Cable & Wireless, a leading international telecommunications service provider will expand upon its initial agreement with cVidya and has selected cVidya to provide additional revenue assurance solutions. These solutions will enable more robust and efficient control over its switched voice revenue streams. In accordance with the initial four-year framework, cVidya already deployed its MoneyMap® configuration based revenue assurance solution for C&W’s data and mobile services. Now cVidya will also provide usage based revenue assurance solutions for C&W’s main network operations in the UK and its 34 subsidiaries around the globe.
Cable & Wireless selected cVidya’s MoneyMap® product for assurance of this key revenue stream because of its configurability, high-performance and cVidya’s success in implementing the configuration based solution at Cable & Wireless. MoneyMap® can be implemented across a diverse range of products and its friendly user interface allows the customer to enhance the scope of its internal revenue assurance procedure, minimizing the need for significant external technical support. With the expansion of cVidya’s role in C&W’s revenue assurance strategy, MoneyMap® will now monitor dynamic usage data in addition to analyzing static configuration data.
This product will form part of the global revenue assurance deployment strategy within the Cable & Wireless group of subsidiaries.
"We were extremely pleased with cVidya’s technology and professional services during the deployment of the initial project," said Anthony Sani C&W’s Director of Revenue Assurance Billing & Interconnection. “This new technology will allow us to achieve our goals of having functionally rich, product standard revenue assurance solutions throughout the Cable & Wireless group We are satisfied, after a lengthy due diligence, that cVidya can successfully partner with Cable and Wireless to provide technology and deliver the projects during this challenging deployment”
"Cable & Wireless’ desire to use cVidya for its primary revenue assurance needs is a testament to our expertise with a product solution and a results oriented approach in the revenue assurance arena," said Alon Aginsky, cVidya CEO. "They saw that the flexibility of MoneyMap® and the professionalism of our staff helped them to reduce costs in short period of time."
cVidya Networks provides holistic, comprehensive and innovative Revenue Assurance solutions for current and next generation services, enabling CSPs to realize and reclaim lost revenues while minimizing operational costs.
MoneyMap® product based solution bridges the gap between the network, the OSS and the BSS and uses advanced techniques to facilitate the complete RA cycle – including detection, correction and prevention of revenue leakages.
cVidya’s solution and exceptional professional services has a proven track record of rapid ROI at Western European and Israeli Tier 1 operators.
cVidya President CEO Alon Aginsky is nominated for the 2006 Ernst and Young Entrepreneur of the Year Award in the technological category. Recognized globally, the award honors the most outstanding entrepreneurs, who inspire others with their vision, leadership, and achievement.
cVidya has offices in Europe, APAC and Israel.
For more information visit http://www.cvidya.com
About Cable & Wireless
Cable & Wireless is one of the world’s leading international communications companies. It provides fixed and mobile voice, data, IP (Internet Protocol) and broadband services to business and residential customers, as well as services to other telecoms carriers, mobile operators and providers of content, applications and internet services.
Cable & Wireless’ principal operations are in the United Kingdom, the Caribbean, Panama, Macau and Monaco. For more information about Cable & Wireless, go to www.cw.com.