WAKEFIELD, Mass., Nov. 9, 2011 (GLOBE NEWSWIRE) -- Comverse (Nasdaq:CMVT), a global leader in mobile Internet, BSS, and value-added services, today announced that at the Global Broadband Traffic Management Congress it will highlight its new Data Management and Monetization solution, showing how it can help communication service providers (CSPs) harness the surge in mobile data traffic for new revenue opportunities.
Comverse's new Data Management and Monetization solution is based on a 3GPP standard PCRF-compliant Business Policy Engine. Unlike traditional network-focused policy management solutions, its holistic view of the customer data experience over every type of network, device and data service used enables it to support a wide range of new business and monetization scenarios out-of-the-box.
Moreover, its advanced policy creation environment allows CSPs to define and roll out new monetization use cases in a matter of days to better meet their customers' ever-changing needs and data usage patterns.
"With surging data consumption continually surpassing new record levels, Comverse's Data Management and Monetization Solution lets service providers redefine their current and future data pricing approaches, moving from unlimited all-you-can-eat plans to value-based plans," said Amos Marom, Senior Vice President and Head of Comverse Mobile Internet. "By empowering CSPs to make real-time decisions about how network resources are allocated, our Data Management and Monetization solution enables lucrative deployment of advanced data plans and attractive promotions with unprecedented speed and agility."
Tight integration of three key elements of the eco-system — PCRF-based Policy Management, Policy Enforcement and BSS — is a key advantage of the Comverse Mobile Internet solution, which meets and exceeds relevant industry standards. Reducing complexity and integration effort and speeding time to market translates to cost savings and greater business agility and differentiation for CSPs.
The Comverse Advanced Data Management and Monetization Solution is part of Comverse's vision to make the data explosion more profitable for CSPs, and to assist them to develop new business opportunities, such as cloud services and M2M, as they migrate to more advanced 4G networks such as WiMax and LTE.
Haim Rapoport, AVP, Head of Product Marketing & Management, Comverse Mobile Internet will highlight next-generation policy-control solution benefits at Global Broadband Traffic Management Congress in his presentation "The Benefits of a Business Oriented Policy Model: Offering an Agile Approach for Addressing Dynamic Market Requirements". The session will take place on Wednesday November 16, 2011, 14:10-14:30 pm, in the Policy Control track.
Deployed by leading CSPs worldwide, Comverse Mobile Internet solutions nurture marketing innovation and accelerate data monetization worldwide in regions logging some of the world's heaviest mobile data consumption.
Visitors to the Global Broadband Traffic Management Congress in London on November 15-17, 2011 are invited to meet with Comverse experts throughout the conference to learn how to derive new value from mobile data.
To schedule a meeting, contact karen.zrihen@comverse.com. Click for additional information on Comverse Mobile Internet.
About Comverse
Comverse is the world's leading provider of software and systems enabling converged billing and active customer management, mobile Internet, and value-added services. Comverse's extensive customer base spans more than 125 countries and covers over 450 communication service providers serving more than two billion subscribers. The company's innovative product portfolio enables communication service providers to unleash the value of the network for their customers by making their networks smarter. Comverse's solutions support flexible deployment models, including in-network, cloud, hosted and managed services. Comverse, ranked number 55 in PwC's Global 100 Software Leaders based on research by Pierre Audoin Consultants, is a subsidiary of Comverse Technology, Inc. (Nasdaq:CMVT). For more information, visit www.comverse.com.
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Statements included or incorporated by reference in this press release may contain "forward-looking statements." There can be no assurance that any forward-looking statements will be achieved, and actual results could differ materially from forecasts and estimates. Important factors that could affect the company include the risks described in the section entitled "Forward-Looking Statements" Item 1A, "Risk Factors" and elsewhere in the company's Annual Report on Form 10-K for the fiscal year ended January 31, 2011 filed with the SEC on May 31, 2011 or in subsequently filed periodic, current or other reports. The company undertakes no commitment to update or revise forward-looking statements except as required by law.