TORONTO, April 28, 2020 – Optiva Inc. (TSX: OPT), today announced that it and Truphone, a pioneering connectivity and eSIM technology provider, are nominees in TM Forum’s Excellence Awards 2020, which recognize organizations making a significant contribution to the acceleration of digital transformation throughout the industry. The companies were recognized in the cloud native IT and agility category for the implementation of Optiva Charging Engine™ on the public cloud to accelerate Truphone’s digital transformation and innovative technology journey.
The TM Forum Excellence Awards nomination was based on Truphone implementation of Optiva Charging Engine with cloud-native, open architecture on the public cloud — a unified online charging engine that replaces four separate charging instances on the ground. It allows Truphone to enjoy an estimated 60% savings on their total cost of ownership (TCO) and benefits, including:
1. An always-available, inherently redundant and built-in disaster recovery;
2. Increased dynamic capabilities to launch new digital services, experiment with monetization models and offer a wider range of products and services;
3. Access to a complete end-to-end CI/CD from vendor to operator to react quickly to market needs;
4. Ability for Truphone to experiment, innovate and leverage public cloud-based AI and ML software to create real-time customer insights and offers; and
5. Flexible, dynamic business model with minimal upfront investment and lowest TCO, eliminating data center and all associated costs.
“Congratulations to Optiva and Truphone for being named nominees in this year’s Excellence Awards,” said Nik Willetts, CEO, TM Forum. “This year’s submissions exemplified commitment to digital transformation by focusing on innovations in 5G B2B, AI, autonomous networks, cloud native IT, data analytics and customer experience, and how those innovations are impacted by TM Forum best practices and standards developed through our member Collaboration Community. Our sincere congratulations to Optiva and Truphone for playing their part in accelerating digital transformation and helping to transform the communications industry at large.”
Nominees in each of the six categories have created written case studies. The top case studies will be chosen by TM Forum judges to be presented at Digital Transformation World in Copenhagen, at the Excellence Awards on October 8.
About Optiva Inc.:
Optiva Inc. is the leader in providing communication service providers (CSPs) worldwide with cloud-native revenue management software on the public cloud. MNOs and MVNOs can integrate our best-of-breed charging engine into a BSS stack or deploy our fully managed, end-to-end, SaaS platform. Optiva products offer unmatched speed, scale, security and savings. Our market knowledge, analytical insights and unique Customer Success Program ensure telecoms are equipped to achieve their strategic business goals. Established in 1999, Optiva Inc. is on the Toronto Stock Exchange (TSX: OPT). For more information, visit www.optiva.com.
Truphone believes that connectivity can be easier, smarter and more efficient. Since 2006, we have built state of the art SIM software, intuitive management platforms and a powerful global network to make this a reality. Every day, our technicians engineer better connections between things, people and business to make the world smarter. Headquartered in London, we have 15 offices across four continents and continue to expand globally. For more information, please go to www.truphone.com.
About TM Forum
TM Forum is an association of over 850 member companies that generate a combined US$2 trillion in revenue and serve five billion customers across 180 countries. We drive collaboration and collective problem-solving to maximize the business success of communication and digital service providers and their ecosystem of suppliers around the world. Today, our focus is on supporting members as they navigate their unique digital transformation journeys, providing practical and proven assets and tools to accelerate execution and platforms to facilitate collaborative problem solving and innovation. Follow us on LinkedIn, Twitter and Facebook. Learn more at www.tmforum.org.
For additional information, please contact:
Optiva Media Contact:
Optiva Investor Relations Contact:
Truphone Media Contact:
Oliver Pink, Head of Communications and PR, Truphone
TM Forum Media Contact:
Vice President, Communications