TORONTO, Aug. 10, 2016 /PRNewswire/ -- Redknee
Solutions Inc. (TSX: RKN), a leading provider of real-time
monetization and subscriber management software, is pleased to
announce that it has won a multi-million dollar contract to upgrade
a major Tier 1 communication service provider (CSP) in Europe to the latest release of the Redknee
Unified Application Server, part of Redknee's monetization and
subscriber management suite. Redknee Unified is deployed in the
CSP's virtualized data center and supports more than 30 million
subscribers. Redknee Unified Application Server provides open API's
to enable the rapid development of new applications. The
upgrade enhances the solution with IMS, SIP, and Voice-over-LTE
(VoLTE) support and improves the customer experience for the
enterprise and consumer markets.
Communication service providers are moving quickly to adopt
VoLTE, to migrate existing telco services, such as parallel ringing
and call hunting, to SIP-based platforms, and to launch new and
innovative services. To effectively compete in today's market
service providers must create and evolve their services quickly and
cost effectively for enterprise and consumer markets, including
such services as fleet management, prepaid Voice-over-LTE (VoLTE),
and Internet of Things (IoT) applications.
The Redknee Unified Application Server provides a service
creation environment (SCE) for a CSP to develop, augment, and roll
out new services quickly. The platform enables service providers to
generate new revenue sources across enterprise and consumer markets
without the need for lengthy development cycles. Redknee's
Unified Application Server provides open API's allowing service
designers to implement solutions quickly and cost effectively.
Using a common core framework, the applications work with any
service in the operator's product portfolio, including telephony,
cable, VoLTE, Voice-over-Wifi (VoWIFI) and value-added services
such as mobile TV and IoT. Redknee Unified is virtualized and cloud
enabled, allowing the CSP to run the solution on its cloud platform
and ensuring a low total cost of ownership.
Lucas Skoczkowski, Redknee's CEO commented:
"Applications are shaping how we use and consume technology, with
growing demand for new and innovative applications. In the
communications market, applications are a differentiator -
delivering additional functionality and improving the overall
customer experience for enterprise and consumer customers. Service
providers need to have a flexible and agile solution, like Redknee
Unified, that is capable of supporting the creation and launch of
innovative applications quickly and cost effectively. This win
demonstrates Redknee's capability to enable a Tier 1 CSP to enhance
its competitiveness and achieve its business objectives."
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.
Redknee Solutions: Michaela
Radman, Head of Marketing and Corporate Communications,
Michaela.Radman@redknee.com, +1 905 625 2190; Investor Relations:
Lawrence Chamberlain, NATIONAL |
Equicom, T: (416) 848-1457, lchamberlain@national.ca