OSS/BSS provider Subex says it won more than 25 deals for its Revenue Operations Centre (ROC) for Fraud Management and Revenue Assurance for FY11. Many of the deals were multi-network, multimillion-dollar managed service contracts spanning two to three years.
There has been increasing demand for Subex’s ROC Fraud Management and ROC Revenue Assurance solutions across APAC, EMEA and the Americas. Some of the announced wins in FY11 included O2, Movistar Colombia, YTL Communications, Mobinil, Econet, Eagle Mobile, Ecuador, Telekom Slovenije, Atlantique Telecom and Du. Subex has more than 300 installations in more than 70 countries, including large, fixed-line operators (e.g. BT, Rogers, TELUS), wireless providers (Verizon, Vodafone, Airtel, dtac) and other licensed operators.
Subex witnessed better than 300 percent growth in profits for FY11 where the company reported net revenue of Rs. 4925.92 mln (US$ 108.09 mln), product revenue of Rs. 4279.61 mln (US $ 93.91 mln) and product EBITDA of Rs. 1400.18 mln (US $ 30.73 mln) for the year ended March 31, 2011. The company says this growth was driven by a number of multi-network, multi-million dollar customer wins globally and increased traction of the company’s Revenue Operations Centre (ROC).
Subex’s ROC Revenue Assurance is designed not only to detect potential revenue loss, but also to assist an operator with its investigation, diagnosis and recovery of these revenues. It provides automated correction capabilities to improve bottom-line results and provide a quick return-on-investment. The solution is flexible and will support revenue assurance practices as the provider expands and matures.
The ROC Fraud Management solution helps wireless and wireline operators eliminate known frauds, uncover new fraud patterns, minimize fraud run time, augment internal controls and support continuous fraud management process improvement. Subex fraud management customers report rapid return on investment and increased productivity and efficiency by significantly reducing the complexity of the fraud investigation process.
“Closing more than 25 new deals last year is a landmark achievement, and our teams have worked hard to achieve this," said Sudeesh Yezhuvath, COO of Subex. “We will continue our efforts to displace competition across the globe and these recent wins are testament to our product superiority, delivery capability and sound partner strategy."
