TORONTO, June 8, 2017 /CNW/ - Redknee Solutions
Inc. (TSX: RKN), a leading provider of business-critical
billing and charging software and solutions for communications
service providers, is pleased to announce that a large Tier 1
telecommunications operator in Europe will make a multi-million dollar
investment in Redknee Unified, as part of its plan to improve and
simplify its architecture and achieve a 20% reduction in
operational expenditure. The investment will enhance the existing
Redknee service creation platform to provide NextGen DevOps
capability to build, test and release new services and features
rapidly, frequently and more reliably across multiple brands.
Redknee will also consolidate several silo platforms from multiple
vendors to harmonize processes and improve the customer
experience.
The Redknee platform has already made significant improvements
to the customer experience by supporting services such as number
translation, international roaming support, and prefix correction
services. These enhanced platform capabilities streamlines
processes to create operational efficiency, reduce time-to-market
and create competitive advantage by supporting the creation and
launch of innovative services. The operator can use its new
simplified architecture to launch new revenue streams, improve the
quality of services and the overall user experience, while
achieving its goal of a 20% reduction in operational
expenditure.
Danielle Royston, CEO at Redknee,
commented: "Redknee works in partnership with telecommunications
operators to streamline and simplify operational procedures,
optimize cost and improve the type and quality of services. With
Redknee's solution, this telecommunications operator can achieve
its goal of 20% cost reduction, but also improve services for the
end-user to create competitive advantage and customer success."
For more information about Redknee and its solutions, please go
to www.redknee.com.
About Redknee:
Redknee monetizes today's digital
world. We provide a complete portfolio of mission-critical
monetization and subscriber management solutions, including
real-time billing, charging, policy and customer care modules,
which allow Communications Service Providers to charge for things
in new and innovative ways and create a unique user experience.
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.