Ericsson and WeDo Technologies partner in business assurance
February 24 2017 - 05:07AM
·
Partnership to help operators maximize value of their digital
transformation investments through smarter risk management and
revenue stream protection
·
New solution will enable near real-time response to the risks with
highest impact, as well as optimize detection and "closed-loop"
actions required to correct, prevent and recover revenue and
opportunity loss
·
WeDo Technologies software platform complements Ericsson's Risk and
Business Assurance (RBA) services together with a portfolio
comprised of OSS, BSS, Consulting and Systems Integration
services
Ericsson (NASDAQ: ERIC) and WeDo Technologies have
formed a global partnership to give operators the confidence they
need when exploring digital services. This new solution from the
two companies means operators can proactively safeguard new revenue
streams, assure healthy margins and minimize risks in a very
dynamic ecosystem.
By combining WeDo Technologies RAID software
platform with Ericsson's Risk and Business Assurance services,
operators will be able to leverage on a unique value proposition
delivered by the solution that is based on a "financial benefit
first" approach. It will address a wide range of risks related to
key business and operational processes across operator domains,
such as product, customer and partner management, order management
and provisioning, as well as QoS/experience driven billing and
partner settlement etc. This drives focus and actions towards the
ones that affect digital revenue streams and margins the most.
The solution also comes pre-integrated with
Ericsson OSS/BSS and is powered with proven methodology and assets
that deliver on digital ready controls and corrective action
accelerators to assure revenue streams from day one.
Together with Ericsson Security Manager, this
partnership will enable operators to further enhance their Risk
Management coverage and establish a real-time information, decision
and action flow between Revenue Assurance, Fraud Management,
Security and Identity Management systems.
Raoul Vandenbulcke, Head of Fulfilment, Assurance
& Billing, Business Unit IT & Cloud, Ericsson, says: "Our
partnership with WeDo Technologies enables us to provide more value
to our customers while supporting them during their transformation
journey to innovate, explore and monetize within the digital
ecosystem. Ericsson's Risk and Business Assurance combines
consulting and systems integration with a real-time monitoring tool
that automates risk capture, revenue assurance, fraud controls and
remedy action, so that operators can reduce revenue leakage and
appreciate the full value of their digital investments."
João Moita, Vice President Global Sales &
Delivery, WeDo Technologies says: "This unique global partnership,
between Ericsson and WeDo Technologies allows for the delivery of
immediate and tangible results, which is highly valued in today's
dynamic digital world. Through real time detection that prevents,
corrects and recovers revenue and opportunity loss, the telecom
operator can now fully explore and maximize on its digital
transformation efforts, whilst safeguarding its revenue
stream."
Ericsson's more than 17,000 Consulting and Systems
Integration professionals work with WeDo and other partners to
deliver more than 1,500 projects each year for customers around the
world.
Ericsson at Mobile World Congress
2017
Anything can happen on the
digital frontier, a promising but undiscovered future. From
February 27 to March 2 in Barcelona, Spain, Ericsson is
demonstrating a collaborative approach and innovative solutions to
succeed in this arena.
With our customers and partners,
we work across industries, physical boundaries and perceived
limitations. Join us in Hall 2 or online during MWC 2017 and engage
in conversations and demonstrations about our favorite things: 5G;
platforms and services for IT, Cloud, Networks, and TV & Media;
connected solutions for industries; the Internet of Things; and
partnering for success.
See you there!
NOTES TO
EDITORS
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Ericsson is a world leader in
communications technology and services with headquarters in
Stockholm, Sweden. Our organization consists of more than 111,000
experts who have provided customers in 180 countries with
innovative solutions and services. Together we are building a more
connected future where anyone and any industry is empowered to
reach their full potential. Net sales in 2016 were SEK 222.6
billion (USD 24.5 billion). The Ericsson stock is listed on Nasdaq
Stockholm and on NASDAQ in New York. Read more
on www.ericsson.com.
WeDo Press Release February 24th
final
RBA
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Source: Ericsson via Globenewswire
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