Upgraded Revenue Management Platform Enables Real-Time Capabilities for Converged Billing Operations
WALTHAM, MA — JUNE 2, 2015 — NetCracker Technology announced today that VIVACOM, a leading quad-play communications service provider in Bulgaria, has gone live with an upgrade to the NetCracker Revenue Management solution. The NetCracker platform enables convergence of VIVACOM’s rating, billing and charging operations across all lines of business.
VIVACOM is the largest communications service provider in Bulgaria, providing fixed-line, mobile, broadband and pay-TV services.
The upgraded NetCracker Revenue Management solution will enable VIVACOM to accelerate time-to-market for new services by utilizing a comprehensive solution that consolidates all transaction operations through a single, convergent, real-time platform. This upgrade will also help VIVACOM build its transaction management infrastructure with minimum disruption to ongoing operations.
“Our long and trusted relationship with NetCracker, combined with its successful track record for the on-time and on-budget delivery of complex projects, made selecting it for this upgrade a logical choice,” said Ivan Cholakov, IT Director at VIVACOM. “The great variety of capabilities provided by NetCracker’s convergent Revenue Management solution will give us the speed and insight needed to deliver value to our customers.”
This long-term agreement and solution upgrade will provide VIVACOM with a wide range of benefits, including the ability to increase automation within its billing operations. The real-time and convergent characteristics of the NetCracker Revenue Management solution will also help VIVACOM reduce costs, support more complex rating scenarios and accelerate time-to-market for cutting-edge solutions, improving customer experience.
As part of the upgrade, NetCracker provided a range of professional services and was responsible for upgrading its solution as well as all third-party customizations. NetCracker also provided impact analysis and upgraded VIVACOM’s custom code.
“We are excited to extend our strategic partnership with VIVACOM and provide it with our cutting-edge Revenue Management solution to optimize billing processes,” said Sylvain Seignour, Vice President of Global Sales at NetCracker. “This agreement showcases our deep-rooted presence in billing and our ability to help communications service providers of all sizes accelerate, streamline and automate operations.”
About VIVACOM
VIVACOM is a leader in developing modern telecommunication services to meet the highest professional standards - from Мobile and Fixed Voice services, high speed Fiber Optic Internet, Digital Interactive TV to tailor made telecommunication solutions.
About NEC Corporation
NEC Corporation is a leader in the integration of IT and network technologies that benefit businesses and people around the world. By providing a combination of products and solutions that cross utilize the company’s experience and global resources, NEC’s advanced technologies meet the complex and ever-changing needs of its customers. NEC brings more than 100 years of expertise in technological innovation to empower people, businesses and society. For more information, visit NEC at http://www.nec.com.
Based on its Mid-term Management Plan 2015, the NEC Group globally provides “Solutions for Society” that promote the safety, security, efficiency and equality of society. Under the company’s corporate message of “Orchestrating a brighter world,” NEC aims to help solve a wide range of challenging issues and to create new social value for the changing world of tomorrow. For more information, please visit http://www.nec.com/en/global/about/solutionsforsociety/message.html.
NEC is a registered trademark of NEC Corporation. All Rights Reserved. Other product or service marks mentioned herein are the trademarks of their respective owners. © 2015 NEC Corporation.
About NetCracker Technology
NetCracker Technology, a subsidiary of NEC Corporation, is the proven partner for communications service providers and cable operators offering comprehensive, end-to-end solutions and delivery capabilities to optimize their enterprise. With its global reach, leading-edge technology, and unbroken track record of successful implementations, NetCracker helps eliminate operational and business silos and delivers real-time experience in an on-demand world. For more information, please visit www.NetCracker.com.
NetCracker is a registered trademark of NetCracker Technology Corp. All other company or product names mentioned in this press release may be trademarks or registered trademarks of the respective companies with which they are associated.
Media Contacts:
Juliet Shavit
SmartMark Communications for NetCracker +1 215-504-4272 jshavit@smartmarkusa.com
Joanna Larivee
NetCracker Technology +1 (781) 419-3374 Joanna.Larivee@NetCracker.com
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