cVidya Launches cVidyaCloud to Provide On-Demand Revenue Intelligence Solutions to Service Providers of all Sizes
London, October 5, 2010 – cVidya Networks, (http://www.cvidya.com/) a global leader and innovative provider of Revenue Intelligence solutions for Telecom, Media and Entertainment service providers, announced today the launch of cVidyaCloud. cVidyaCloud is cVidya’s umbrella of On-Demand revenue intelligence solutions for service providers of all sizes. With the On-Demand model (a.k.a. Software-as-a-Service or SaaS) cVidyaCloud applications will be available via the web for a monthly subscription fee, without the need to own, install and operate any hardware or software. One of cVidyaCloud’s applications will be introduced in the company’s User Conference in Barcelona in two weeks.
cVidyaCloud users will require minimal internal-support in terms of setup, upgrades or on-going operations, allowing service providers to focus their resources on their core competencies. Based on the IRIS Suite®, cVidya’s portfolio of revenue intelligence solutions, cVidyaCloud, spans the entire telecom revenue chain including revenue assurance, fraud and risk management, dealer management, margin analytics, clearinghouse services and inter-carrier cost management.
“SaaS/Cloud Computing is one of the most important and exciting technology and business model shifts in recent years.” said Ari Banerjee, Senior Analyst at Heavy Reading. “By combining the benefits of this model with cVidya’s market leading revenue intelligence products, cVidyaCloud allows smaller service providers to have convenient access to best-in-class financial insight and analytics with predictable total cost of ownership. It helps them to maximize margins, improve customer experience, optimize ecosystem relationships, and provides them with a level playing field allowing them to compete more effectively with larger Service Providers”.
To lead cVidya’s efforts in SaaS and Cloud Computing, cVidya have appointed Ms. Nava Levy as Vice President, SaaS /Cloud Computing. “We are pleased to welcome Ms. Levy to our organization.” said Alon Aginsky, President and CEO of cVidya Networks. “Nava’s extensive experience in developing new business directions and deep domain expertise in cloud computing is a major asset to cVidya in leading this important space.”
Before joining cVidya, Ms. Levy was the Head of SaaS/Cloud Computing Program at Amdocs and prior to this position played a key role in developing and implementing a new strategic direction for Amdocs which resulted in their becoming a leader in their domain, generating hundreds of millions dollars for the company. Nava Levy is also a thought leader in the area of cloud computing for telecom and is a regular speaker about cloud computing at conferences. More information is available on www.cvidya.com/cloud.html.
About cVidya Networks
cVidya Networks is a global leader and innovative provider of revenue-intelligence solutions for telecom, media and entertainment service providers. The company’s product portfolio helps operators and service providers maximize margins, improve customer experience and optimize ecosystem relationships through revenue assurance, fraud and risk management, dealer management, margin analytics, and clearinghouse services. Backed by a team of highly skilled professional experts and consultants, cVidya’s solutions have a proven track record of achieving rapid ROI and lower TCO. With over 130 customers in five continents and an extensive network of regional offices in Europe, North America, Latin America and APAC, cVidya has one of the largest installed bases of revenue-assurance and fraud-management implementations worldwide.
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