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Verssa selects Suvitech for Interconnect Solution

09-29-2008 01:54 PM CET | IT, New Media & Software

Press release from: Suvitech Company Limited

MOU signing ceremony at SIPA office

MOU signing ceremony at SIPA office

Suvitech, one of the leading providers of software and business solutions for Telecoms sector in Thailand today announced that its Telecom Interconnect Management application (suviTIMS™) has been selected by the Malaysian office of Verssa Inc. to assist them in managing their wholesale telecom business.
Verssa, which is headquartered in USA, is a major player in the wholesale telecoms business and supplies international wholesale termination services to multiple tier one long distance carriers around the globe.

Kevin Tee, Verssa’s Regional Director for Asia-Pacific commented: “the rapid growth of international voice traffic and telecoms wholesale business has changed the nature of business and has made it more competitive with profit margins declining day by day. This has automatically created a need for us to find a tool which can help us manage our business more effectively and efficiently. In suviTIMS™, we found a tool which has been tailor made for managing the telecoms wholesale business and is not just an extension of some other software application or reporting system. In addition, the low cost of ownership of the system made our decision to buy suviTIMS™ very easy. We are confident of a long term relationship with Suvitech and look forward to doing business with them”.

Ravi Bhatia, Suvitech’s Chief Operating Officer commented: “Suvitech takes great pride in working with Verssa, one of world’s leading wholesale operators. We thank Verssa for their faith in us and take this as a further motivation to expanding our markets in other countries around the world. This is also another key step in helping the establishment of the brand name of Thai software companies in the global arena. We are proud to be amongst a handful of Thai software companies engaged in research and development of enterprise level IT system with international scope. We thank SIPA, Software Park, MICT for all the support that they have provided to us. We look forward to continued cooperation with all of them”.

About Suvitech:
Suvitech is a leading Thai software and SI company which has a special focus on the Telecoms sector. It is a BOI approved company and one of the few Thai companies which has been involved in doing its own R&D for this sector. In addition to suviTIMS™, Suvitech also offers other solutions for the Telecoms sector such as Campaign Management, Data Warehouse, Revenue Assurance, Enterprise Reporting and Sales Performance Management. In addition of Telecoms, Suvitech is also active in other sectors and offers Enterprise Reporting solutions to Retails sector as well as Outsourcing services and Custom development services to overseas clients.

About Verssa:
Verssa Networks is one of the leaders in wholesale telecom voice business and VOIP peering. The company has grown rapidly and Verssa Networks has been successful in winning new business, growing revenue streams rapidly and most importantly retaining loyal customers. Currently Verssa Networks has a team of highly skilled people with a wealth of experience in customer services, accounts, sales and marketing. Verssa Networks believe in letting customers have the best mix of quality and price with near real time access to a large portfolio of call traffic statistics and the ability to change the profile within seconds. A state-of-the-art network infrastructure and leading call management products ensure that Verssa is one of the leading voice solution provider.

About suviTIMS™:
suviTIMS™ is a software tool developed by Suvitech especially to manage the wholesale interconnect business of the telecoms companies and other wholesale operators. The tool can be used by both Tier-1 as well as Tier-2 operators. It is a ‘no frills’ tool which concentrates on a very specific area of the Telco business and solves the day to day problems which are faced by the business development managers handling the international voice business in the Telco. suviTIMS™ is divided into three modules, namely:
• TQR – Traffic and Quality Reporting module
• LCR – Least Cost Routing module
• APP – Account and Product Profitability module

Ravi Bhatia
Suvitech Company Limited

Fragrant 71 Building,
19/2-3 Soi Pridi Bhanomyong 14,
Sukhumvit 71 Road, North Prakhanong,
Wattana, Bangkok 10110
Thailand
Tel: +(66) (0) 2382 3225-8
Fax: +(66) (0) 2382 3229
ravi@suvitech.com
www.suvitech.com

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