TORONTO, Nov. 18, 2015 /CNW/ - Redknee Solutions Inc.
(TSX: RKN), a leading provider of real-time monetization and
customer management software, announced the launch of the Redknee
Connected Suite, a software platform designed to help businesses
capitalize on the monetization opportunities related to the
Internet of Things. A recent Machina Research whitepaper highlights
the USD $1.3 trillion opportunity
that is available to companies that have sophisticated monetization
capabilities like those provided by Redknee's Connected Suite.
"Redknee is investing heavily to ensure businesses of all types
are fully prepared to take advantage of the tremendous monetization
opportunities within the new digital economy," commented Lucas
Skoczkowski, Redknee's CEO. "Our recent acquisition of Orga Systems
has enhanced Redknee's Connected Suite from a technology
perspective, and fueled our expansion into new vertical markets,
with customers that include the likes of automaker BMW, and the
largest energy provider in the
Philippines, Meralco."
The Redknee Connected Suite enables businesses to monetize
anything – in real-time - and create new offers and complex pricing
models instantly. It allows businesses to control their price
points and promotions, including where and when they are offered.
Businesses can build recurring revenue with Redknee's cloud-based
IoT monetization platform, across any industry – from utilities and
smart meters, to transportation, connected homes and more.
One of the modules within the Redknee Connected Suite is the
Prepaid Energy Solution, which gives customers a new way to pay for
and track energy consumption over their mobile phones. It also
helps reduce bad debt for energy providers and enables smart meters
to be remotely connected and disconnected, saving significant
operational costs. Redknee has signed a partnering agreement
with Elster, the world's leading manufacturer and supplier of
metering solutions to gas, electricity and water utility providers,
to market the solution to their customers.
Matt Hatton, Founder and CEO,
Machina Research commented:
"The growth of the Internet of Things (IoT) will be the defining
trend in the technology landscape over the next ten years, and it
will permeate every vertical sector and influence the majority of
business processes in some way. Redknee provides the ability to
rate, charge and bill for digital services across today's connected
world, helping businesses to monetize the IoT revolution."
The new Machina whitepaper, 'The Successful Monetization of
the Internet of Things', is now available for download.
It highlights that the role of monetization will be critical
to success as traditional business models and supply chains are
challenged.
Join us at the upcoming IoT World Forum on November 18th in London, where Chris Newton-Smith, Redknee CMO, will be
presenting the keynote address, 'How to Monetize the new Digital
Economy with the IoT'.
About Redknee:
Redknee monetizes today's digital
world. We provide a complete portfolio of mission-critical
monetization and subscriber management solutions and services that
allow communications service providers, utility companies, auto
makers and enterprise businesses of all types to charge for things
in new and innovative ways. Redknee's real-time billing, charging,
policy and customer care offerings provide the agility and
scalability to drive a unique user experience, increase
profitability and support any new product or business model.
Available on premise, cloud-based, or as a Software-as-a-Service,
Redknee's low-risk, flexible solutions power more than 250
businesses across the globe. Established in 1999, Redknee Solutions
Inc. (TSX: RKN) is the parent of the wholly-owned operating
subsidiary Redknee Inc. and its various subsidiaries. References to
Redknee refer to the combined operations of those entities. For
more information about Redknee and its solutions, please go to
www.redknee.com.
SOURCE Redknee Solutions Inc.