Wednesday, October 3, 2018

GEZE Is One of Germany's Most Innovative Companies TOP 100 Award For Exceptional Innovation Success

8th Top Innovator Award

Dubai, United Arab Emirates, -Monday 1 October 2018 [ AETOS Wire ]

GEZE was awarded the prestigious TOP 100 Award, securing its position as one of Germany's most successful SME innovators. Gerald Haas, GEZE Managing Director Research & Development, accepted the award from TOP 100 Award.

The key competitive factors when evaluating the listed companies were 'Climate of Innovation', 'Innovative Processes and Organisation', 'Innovation-friendly Senior Management' and 'Innovation Marketing'. GEZE has long been part of the global elite of developers and manufacturers of innovative systems for door, window and safety technology, and this is the eighth time the company has been awarded the TOP 100 seal of approval – five of them in the past ten years alone.

Part of GEZE's mission is the continuous further development of traditional product segments, to expand their benefits, and to explore new avenues for outstanding solutions.

"The award that we received today is further proof that innovation, both in digitalisation and in the traditional product segment, is both possible and desirable. Massive investment in new development structures, as well as in highly specialised design engineers, have enabled us to create networking solutions for windows and doors that are unique in the global market, and that make buildings smarter, more efficient and safer. This opens up opportunities for our customers to automate their buildings," says Gerald Haas.

For his part, Charles Constantin, Managing Director, GEZE noted; “The winning of the prestigious TOP 100 Award is yet another achievement to be added to the recent successes made by GEZE in this increasingly demanding market. We are pleased to receive this renowned recognition and proud to localize it in the MENA market, and look forward to continue our disruptive innovations and lead the landscape of the doors, windows and safety systems sector in the region and beyond.”

GEZE Cockpit: Innovation in building networking

The newly developed GEZE Cockpit building automation system marks GEZE's successful entry into the 'Building Networking –Smart Buildings' market, one that will shape its future. GEZE Cockpit is the first smart door, window and safety system, and is closing a gap in building automation. It enables automated doors and windows to be integrated in a building for the first time. www.cockpit.geze.com

Strength of innovation: a new development centre

The independent, family-run business has invested 13 million euros in a new, ultra-modern development centre, and has significantly expanded its research and development capacity over the past two years. The modular test stands of product trials are equipped with the latest robotic technology. Premium quality technical concepts and products can now be realised faster and more efficiently.

The processes that lead to innovation were the determinants for the architecture and design of the new building. The engineers and test engineers come across optimal working conditions at every stage of development. Flexible working areas and workspace units encourage exchange between the disciplines, and enable networking among the different fields of expertise as well as an agile way of working in the project areas.

The new development building is a smart building in itself. All the product groups are smartly networked, and it is designed for new networking solutions to be continually applied and tested. The insights gained are used to further develop the intelligence of all GEZE products and expand and roll out their benefits for users with the aid of the new GEZE Cockpit building automation system.

“Innovation has always been an integral component of our DNA in GEZE, and the driving force of the successes and leading position we have accomplished in the MENA and other emerging and developed markets. We will continue to foster our presence and expand our clients’ portfolio by delivering the best-in-class solutions that not only meet the ever increasing demands of clients, but exceeding their expectations as well,” Constantin concluded.      

'Digital First'

In line with its new digital direction, GEZE also explored new avenues in the commercial launch of GEZE Cockpit. A Digital First campaign, which was recently recognised with the German Brand Award, used the entire bandwidth of digital communication possibilities.

Contacts
Reem Ahmad,

+97144541434

r.ahmad@geze.com

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Starhome Mach Announces Acquisition by Vista Equity Partners from Fortissimo Capital; Vista to Merge Telarix and Starhome Mach

Combination Redefines Global Telecommunications Roaming and Interconnect Software and Solutions

VIENNA, Va. -Wednesday 3 October 2018 [ AETOS Wire ]

(BUSINESS WIRE)-- Starhome Mach, the leading global provider of SaaS wholesale and retail roaming, clearing, settlement and fraud prevention technology, today announced that its existing owner, Fortissimo Capital (“Fortissimo”) has entered into a definitive agreement to sell 100% of the company to Vista Equity Partners (“Vista”). Fortissimo is selling Starhome Mach after successfully working with management to build the business since it was acquired in 2012.


Vista’s simultaneous acquisition of Starhome Mach and merger with existing portfolio company Telarix brings together two leading software providers to the global telecommunications industry. The combination of Telarix and Starhome Mach creates the first and only end-to-end technology solution enabling telecommunication and mobile virtual network operators (“MVNOs”) to manage and optimize their partner relationships across the full spectrum of voice, SMS and data transactions and value-added solutions. The combined business will serve thousands of customers across over 130 countries globally.

“With this combination, Telarix and Starhome Mach will serve telecommunication carriers and service providers around the globe, playing a critical role in optimizing and enabling the efficient operations of global communications solutions for the retail, wholesale and interconnect markets,” said Telarix CEO Marco Limena. “As a single company, we will be able to provide more powerful, integrated and comprehensive solutions to enable a wide-range of carriers to successfully participate, compete, and partner within the global telecom ecosystem. I am excited to work with these two world class teams to continue to serve our combined customer bases.”

Telarix provides leading Interconnect Business Optimization solutions, including providing the industry’s de facto standard for enabling business-to-business relationships for the voice, SMS and data service markets and a full suite of products for routing, billing, settlement, trading, and fraud prevention to carriers worldwide. Telarix’s products are highly complementary to Starhome Mach’s end-to-end wholesale and retail roaming, clearing and settlement and fraud prevention solutions and services.

The combined company will be the only provider of carrier solutions able to manage both the roaming and interconnect markets, creating a unique opportunity for the development of advanced product solutions, cross-ecosystem insights and real-time analytics that build upon the combined data and capabilities of the respective platforms of both companies.

“Our customers, many of whom already use Telarix’s solutions, want a single suite of integrated solutions to help manage the complexities and solve the challenges carriers face in ensuring seamless, ubiquitous connectivity for their customers,” said Starhome Mach’s CEO, Itai Margalit. “Under Fortissimo’s ownership, we successfully implemented a long-term strategy which included the acquisition and integration of Mach, launched SaaS versions of our leading roaming and clearing platforms and introduced a variety of innovative solutions beyond our customers’ roaming needs including analytics, real-time anti-fraud and IOT. As we look forward to our next phase of growth, we are thrilled to become a part of the Vista family and joining with Telarix to be able to further accelerate our strategies to provide the unique, comprehensive solutions that clients are demanding.”

“We are excited to help bring together Telarix and Starhome Mach’s market leading platforms, customers and management teams to uniquely address the holistic technology needs of telecommunication carriers worldwide,” said Rob Rogers, Co-Head of Vista Foundation Fund and Principal at Vista Equity Partners. “The opportunity to leverage the data of the combined platforms to create powerful new solutions will help power global communications in an ever-increasing complex environment.”

The combined entity will be headquartered in Vienna, Virginia and be led by a combined management team with current Telarix Chief Executive Officer Marco Limena as CEO. The transaction, which is subject to customary closing conditions, is expected to close in the fourth quarter of 2018. Terms of the transaction have not been disclosed.

About Telarix

Telarix is the world’s leading provider of business-to-business and OSS/BSS management solutions to improve efficiency and productivity. The company’s iXLink B2B information exchange platform enables carriers to optimize operational capabilities across all areas of the business — from analytics, billing and settlement, and contract management to fraud protection, pricing and traffic routing. The platform provides carriers with an unprecedented level of visibility and control over interconnect voice, video, data and SMS services and is used by more than 4,000 communications companies across the globe. For more information, visit Telarix at www.telarix.com.

About Starhome Mach

Starhome Mach enables seamless innovative solutions that overcome the complex challenges of today’s digital transformation era to drive desired business performance. In 1999 Starhome Mach revolutionized the Mobile industry with the introduction of its groundbreaking international solutions. Today our comprehensive solutions portfolio includes B2B Settlement, Customer Engagement, Real Time Analytics, Fraud and Security, and IoT. With an exceptional customer base of more than 300 mobile network operators, including 24 leading telecom groups, we have unique access to core network data, can automatically analyze mass amounts of data, and take real-time actions that improve customer experience. For more information visit StarhomeMach.com.

About Vista Equity Partners

Vista Equity Partners, a U.S.-based investment firm with offices in Austin, San Francisco, Chicago, and Oakland, currently invests in software, data and technology-enabled organizations led by world-class management teams with long-term perspectives. Vista is a value-added investor, contributing professional expertise and multi-level support towards companies' realization of their full potential. Vista's investment approach is anchored by a sizable long-term capital base, experience in structuring technology-oriented transactions, and proven management techniques that yield flexibility and opportunity in private equity investing. For more information, please visit www.vistaequitypartners.com.

About Fortissimo Capital

Fortissimo Capital Fund is a leading private equity fund in Israel investing primarily in technology and industrial companies. Fortissimo takes an active approach and works with its portfolio companies on all aspects of their business fundamentals to build and facilitate sustainable long-term growth. For more information, please visit www.ffcapital.com.


This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181002005485/en/

Contacts

Telarix or Starhome Mach
Elena Davidson
+44 207 751 44443
edavidson@libertycomms.com
or
Vista Equity Partners
Dafna Tapiero
+1 (202) 776-7776
vista@laurelstrategies.com
or
Fortissimo Capital
Marc Lesnick
+972 3-915-7466
marc@ffcapital.com



https://www.aetoswire.com/news/starhome-mach-announces-acquisition-by-vista-equity-partners-from-fortissimo-capital-vista-to-merge-telarix-and-starhome-mach/en

Andersen Global Announces Added Presence in Africa With Tadesse Kiros Law Office

SAN FRANCISCO-Wednesday 3 October 2018 [ AETOS Wire ]

(BUSINESS WIRE) -- Andersen Global announces an added presence in Africa with Tadesse Kiros Law Office, one of the largest law offices in Ethiopia. This collaboration with Tadesse Kiros further increases Andersen Global’s footprint in Africa, making this the eighth country in the continent in which the international association has a presence.

Founder and Managing Partner, Tadesse Kiros, said, “We look forward to being able to deliver a combination of tax and legal services that are not confined geographically, as this collaboration strengthens our cross-border capabilities and will offer us great possibilities for expansion into new markets.”

Founded in 1996, Tadesse Kiros Law Office is a leading legal service provider in terms of coverage and services provided. The firm advises local and international clients on issues affecting a variety of areas of law including investment, trade, and commercial agreements or transactions. Tadesse Kiros Law Office specializes in mergers and acquisitions, energy and infrastructure, public private partnerships, banking and finance, company law, intellectual property, mining, tax, labor and employment, and environmental law.

Andersen Global Chairman and Andersen Tax LLC CEO, Mark Vorsatz, remarked, “Tadesse was previously the Deputy Chief Justice of the Supreme Court of Ethiopia, and I look forward to working with him and his team, like-minded individuals who share our values of transparency, seamlessness, and stewardship. The collaboration with Tadesse Kiros Law Office, one of the most prestigious law firms in Ethiopia, brings strength to our firm and is part of our overall expansion strategy in Africa.”

Andersen Global is an international association of legally separate, independent member firms comprised of tax and legal professionals around the world. Established in 2013 by U.S. member firm Andersen Tax LLC, Andersen Global now has more than 3,500 professionals worldwide and a presence in over 118 locations through its member firms and collaborating firms.



Contacts

Andersen Tax
Megan Tsuei, +1-415-764-2700



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A Necessary Addition for High-Level Executives with CIMA

“CIMA helped me achieve a highly-valued finance qualification to review any business from a big picture perspective.”

Dubai, United Arab Emirates-Monday 1 October 2018 [ AETOS Wire ]

Deepa Tekchandani is not your average high achiever. As Director of Finance with JRG Dubai, a global restaurant management company, she is used to juggling several work projects at once and delivering on her deadlines. Small wonder then, that this mother of two took up the challenge of sitting for her Chartered Institute of Management Accountants (CIMA) qualification during one of her busiest periods, and passed it with aplomb.

“One of my kids had their term examinations at school, and this required me to juggle my work and family at the same time. Better yet, the CIMA examination was also at the same time,” laughs Deepa from Dubai. “It was a struggle but well worth all the efforts when I received my Chartered Global Management Accountant (CGMA) designation.”

The mom of two began her career as a customer service executive in Microslit Instruments Pvt Ltd in India back in 1995, before rising up the ranks to where she is today. Life threw her an opportunity to go to Dubai for work as an F&B cashier within the finance department of Jumeirah Hotels and Resorts, and she chose to take it up. After 20 years in hospitality finance, she currently leads a group that has an F&B portfolio of a global franchise and 8 owned brands that includes high-end, premium casual, casual dining venues and lounges. That comprises more than 15 signature venues and international franchises in the F&B industry.

Deepa is proud of her career journey, and credits her early career change to the hospitality industry as her entry to finance. “Today, my responsibilities include appraising projects for return on investment, operating and opening new restaurants, and partnering the executive team to define and implement business strategy in line with the parent company’s vision,” she says.

In her 20 years of working, she has had many milestones, which includes opening 5 F&B outlets within a timeframe of 3 months, and centralising the finance functions across 4 different business units. It was this vast experience that allowed her to undertake the CIMA qualification via the C-suite programme. The C-suite programme is open to senior management and executives such as CEOs and CFOs with 10 years’ of experience to do the highest level of the CIMA qualification, the Strategic Level, so that they could quickly obtain their CGMA designation.

Deepa felt that the CIMA qualification was a necessary addition to her CV. “My academic qualification was related to engineering. Though I was good with numbers, I was lacking the knowledge of standard accounting principles. This was because I had gained my knowledge based on work experience,” she explains.

“But at a senior level, I felt the need to acquire professional finance certification. My reporting manager recommended CIMA and I explored more. Then I discovered it was the right solution for my needs,” Deepa says.

Being a professional paper, the CIMA qualification did not require full-time study such as a university-based course. Deepa appreciates this greatly as it allowed her to work and study simultaneously, while boosting her professional credibility.

“Studying with CIMA acted as a catalyst in my career growth, and more importantly, it allowed me to apply technical knowledge to my role,” she says. “I am now able to get an understanding of appraising a project holistically, and from there, make sound strategic decisions for the business.”

Having work experience also helped Deepa to approach the CIMA qualification better. “Understanding a case study isn’t just about finance or taxation alone. There is also the human element of human relations,” she says. “Passing the examination is a combination using my work experience, studying and a good dose of common sense.”

Taking the CIMA qualification has already benefitted Deepa in some aspects of her work. She says that CIMA equipped her with the acumen to make strategic decisions after being given an overview of the big picture, which is relevant to her current work as the company is in an expansion phase.

“In my work, we manage different franchises, and all of us have limitation in terms of capital,” she explains. “How do you decide which project to invest in with the limited funds? CIMA helps me identify which is the right recommendation, because once you invest in something, you can’t back out.”

Now that she has attained her designation, life goes on for Deepa. Her children are growing up fast, and she has career goals to achieve. “In the next 5 years, I see myself in the role of Vice President, managing the hotels or overall portfolio of restaurants in the holding company, managing international franchise brands,” she says.

“For me, I want to continue to work hard and sharpen my saw by continuous learning and development. This is one of CIMA’s mottos as well – commitment to lifelong learning.”

About The Association

The Association of International Certified Professional Accountants (the Association) is the most influential body of professional accountants, combining the strengths of the American Institute of CPAs (AICPA) and The Chartered Institute of Management Accountants (CIMA) to power opportunity, trust and prosperity for people, businesses and economies worldwide. It represents 667,000 members and students in public and management accounting and advocates for the public interest and business sustainability on current and emerging issues. With broad reach, rigor and resources, the Association advances the reputation, employability and quality of CPAs, CGMAs and accounting and finance professionals globally.

About CIMA

The Chartered Institute of Management Accountants (CIMA), founded in 1919, is the world’s leading and largest professional body of management accountants, with members and students operating in 177 countries, working at the heart of business. CIMA members and students work in industry, commerce, and the public sector and not-for-profit organisations. CIMA works closely with employers and sponsors leading-edge research, constantly updating its qualification, professional experience requirements and continuing professional development to ensure it remains the employers’ choice when recruiting financially-trained business leaders.

About CGMA

CGMA is the most widely held management accounting designation in the world. It distinguishes more than 150,000 accounting and finance professionals who have advanced proficiency in finance, operations, strategy and management. In the U.S., the vast majority are also CPAs.  The CGMA designation is underpinned by extensive global research to maintain the highest relevance with employers and develop competencies most in demand. CGMAs qualify through rigorous education, exam and experience requirements. They must commit to lifelong education and adhere to a stringent code of ethical conduct. Businesses, governments and nonprofits around the world trust CGMAs to guide critical decisions that drive strong performance.

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Issued by The Association of International Certified Professional Accountants (the Association)

Contacts
Adenike Olayande (Specialist – Business Development, Dubai), +97143689432

adenike.olayande@aicpa-cima.com



Diyana Kamar (PR Manager – Asia Pacific), +60122204627

diyana.kamar@aicpa-cima.com


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IDEMIA and Altran Team up to Present a New Assisted Driving Car Concept at Paris Motor Show

COLOMBES, France -Tuesday 2 October 2018 [ AETOS Wire ]

(BUSINESS WIRE)-- IDEMIA, the global leader in Augmented Identity, and Altran, the global leader in Engineering and R&D services (ER&D) are teaming up to develop a new user experience based on driverless vehicles interacting with the human environment and with different infrastructures called “Columbia”, a connected, autonomous, and multi-use vehicle integrating Artificial Intelligence.

IDEMIA technological innovations and solutions, combined with Altran experience and knowhow, aimed at creating two services in one:

    An assisted driving car for personal use based on a shared transport concept
    A transport solution for professional users, including dropping off and collecting items along the route

IDEMIA, with its mastery of leading edge biometric and facial recognition technologies, provides security and enhanced user convenience by creating a strong digital identity. Biometrics ensure reliable data recording when users sign up for the service, and strong authentication of individual vehicle users.

IDEMIA brings different technologies to the concept,

    The e-KYC (know your customer) system is a digital user enrolment pathway that creates an identity,
    A digital car key solution allows the end-user to use a digital key stored in their smartphone to open and start the vehicle. This solution is cloud-based to securely send the digital key to the smartphone, with a secured smartphone environment to store the digital car key and a facial recognition to enable the digital car key,
    The DMS (driving monitoring system) is an on-board camera system that monitors driver behavior and interacts with the driver to return control of the vehicle to the human driver in the event of unforeseen circumstances.

IDEMIA teamed up with Altran to design the vehicle and developed several applications, including:

    Scalable and innovative vehicle platform using more than 20 sensors embedded
    Plug and play Electric Electronic architecture enabling autonomous mobility systems
    System of light interactions for the vehicle, front & rear, with light bands and LED screens
    Intelligent dashboard to interact with the vehicle and services
    Mobile application called “I-ris” enabling user to command the vehicle, send a package and manage shared transport, thanks to IDEMIA facial recognition system, providing secure access to the vehicle

"IDEMIA is proud to be presenting its cutting edge technologies as part of the Colombia project demonstration at the Paris Motor Show. IDEMIA's experience and knowhow guarantee the unique nature of client identities (for both businesses and private individuals) and the reliability of their digital identity. Our priority is guaranteeing convenience and security for users," explains Yves Portalier, Executive Vice-President for Connected Objects at IDEMIA.

"Altran is proud to be working closely with IDEMIA and contribute significantly to the evolution of mobility and resource-sharing with this two-in-one service. This new service allows us to meet the needs of both end-users and B2B players in one combined solution," explains Pascal Brier, Executive Vice-President for Strategy, Technology & Innovation at Altran.

A demonstration of this project will be showcased during Paris Motor Show on the Altran booth #G70 - Hall 7.

About IDEMIA

OT-Morpho is now IDEMIA, the global leader in Augmented Identity, with the ambition to provide a secure environment enabling citizens and consumers alike to perform their daily critical activities (such as pay, connect, travel and vote), in the physical as well as digital space. Securing our identity has become mission critical in the world we live in today. By standing for Augmented Identity, we reinvent the way we think, produce, use and protect this asset, whether for individuals or for objects. We ensure privacy and trust as well as guarantee secure, authenticated and verifiable transactions for international clients from Financial, Telecom, Identity, Public Security and IoT sectors. OT (Oberthur Technologies) and Safran Identity & Security (Morpho) have joined forces to form IDEMIA. With close to $3 billion in revenues and 14,000 employees around the world, IDEMIA serves clients in 180 countries.

For more information, visit www.idemia.com / Follow @IdemiaGroup on Twitter

About Altran

Altran ranks as the undisputed global leader in Engineering and R&D services (ER&D), following its acquisition of Aricent. The company offers clients an unmatched value proposition to address their transformation and innovation needs. Altran works alongside its clients, from initial concept through industrialization, to invent the products and services of tomorrow. For over 30 years, the company has provided expertise in aerospace, automotive, defense, energy, finance, life sciences, railway and telecommunications. The Aricent acquisition extends this leadership to semiconductors, digital experience and design innovation. Combined, Altran and Aricent generated revenues of €2.9 billion in 2017, with some 45,000 employees in more than 30 countries. www.altran.com

Follow us on Twitter: @Altran



View source version on businesswire.com: https://www.businesswire.com/news/home/20180930005031/en/



Contacts

Press:
IDEMIA
Hanna Sebbah, +33 (0)6 63 73 30 30
idemia@havas.com
or
Press
Altran
Maximilien Seguin
Group PR & Brand Manager
press@altran.com



Permalink : https://www.aetoswire.com/news/idemia-and-altran-team-up-to-present-a-new-assisted-driving-car-concept-at-paris-motor-show/en

Air Transport Supports 65.5 Million Jobs and $2.7 Trillion in Economic Activity

GENEVA-Tuesday 2 October 2018 [ AETOS Wire ]

(BUSINESS WIRE) -- The global air transport sector supports 65.5 million jobs and $2.7 trillion in global economic activity, according to new research released today by the Air Transport Action Group (ATAG). The report, Aviation: Benefits Beyond Borders, which can be downloaded at www.aviationbenefits.org, explores the fundamental role civil aviation plays for today’s society and addresses the economic, social and environmental impacts of this global industry.

Launching the report at the ATAG Global Sustainable Aviation Summit in Geneva, ATAG’s Executive Director, Michael Gill, said: “Let’s take a step back and think about how advances in air transport have changed the way people and businesses connect with each other – the reach we have today is extraordinary. More people in more parts of the world than ever before are taking advantage of safe, fast and efficient travel.”

“There are over 10 million women and men working within the industry to make sure 120,000 flights and 12 million passengers a day are guided safely through their journeys. The wider supply chain, flow-on impacts and jobs in tourism made possible by air transport show that at least 65.5 million jobs and 3.6% of global economic activity are supported by our industry.”

The report also looks at two future scenarios for growth in air traffic and related jobs and economic benefits. With an open, free-trade approach, the growth in air transport will support some 97.8 million jobs and $5.7 trillion in economic activity in 2036. However, if governments create a more fragmented world with isolationism and protectionist policies, over 12 million fewer jobs and $1.2 trillion less in economic activity would be supported by air transport.

“By working with one another, learning from each other’s cultures and trading openly, we not only create a stronger economic outlook, but we also continue the conditions for peaceful interaction across the globe. Aviation is the key driver for this positive connectivity.”

Key facts outlined in Aviation: Benefits Beyond Borders, include:

    Air transport supports 65.5 million jobs and $2.7 trillion in global economic activity.
    Over 10 million people work directly for the industry itself.
    Air travel carries 35% of world trade by value ($6.0 trillion worth in 2017), but less than 1% by volume (62 million tonnes in 2017).
    Airfares today are around 90% lower than the same journey would have cost in 1950 – this has enabled access to air travel by greater sections of the population.
    Scope of the industry: 1,303 airlines fly 31,717 aircraft on 45,091 routes between 3,759 airports in airspace managed by 170 air navigation service providers.
    57% of world tourists travel to their destinations by air.

The Air Transport Action Group represents the entire aviation sector: airlines, airports, air traffic management organisations and the makers of aircraft and engines. It coordinates common industry positions on the sustainable future of air transport. www.atag.org

Contacts

Air Transport Action Group (ATAG)
Media enquiries:
Haldane Dodd +41 79 429 8710
doddh@atag.org

Permalink : https://www.aetoswire.com/news/air-transport-supports-655-million-jobs-and-27-trillion-in-economic-activity/en

Mavenir Deploys End-to-End Virtualized Network Functions on its NFV CloudRange™ Platform Worldwide

 Large scale live deployment of cloud native VNFs with several Tier 1 mobile operators enabling dramatically different economic and business models

RICHARDSON, Texas-Wednesday 3 October 2018 [ AETOS Wire ]

(BUSINESS WIRE) -- Mavenir, focused on transforming mobile network economics for Communications Service Providers (CSPs), today announced that CloudRange™, its industry leading Network Functions Virtualization (NFV) and container management and orchestration (MANO) platform, has large scale live deployments with a number of Tier 1 mobile operators worldwide. Mavenir has deployed comprehensive Cloud Native Virtualized Network Functions (VNFs) such as vEPC, vSBC and vIMS, supporting VoLTE, RCS, and various IMS service applications for consumer and enterprise segments while delivering on the NFV promise of increased business agility, network elasticity and enabling new commercial opportunities.

CloudRange™ allows CSPs to realize additional revenue streams by launching and scaling new services more broadly, rapidly and more efficiently. Features include:

    Lifecycle Management
    Closed-loop automation, making networks programmable for Network Slicing
    Cloud Native and Web-Scale architecture
    Works across radio, core, and applications to allow practical deployments such as subscriber data/intelligence in the network, MVNO network setup, and network upgrade in multi-vendor NFV OpenStack deployments

“When we announced CloudRange™ last year, it was in response to the erosion of market share and ARPU that indicated mobile operators needed a software-only approach to lower costs, increase revenues and enables new business models. Now, a year later, it’s live on very large scale NFV deployments,” said Pardeep Kohli, President and CEO of Mavenir. "Mavenir’s end-to-end Virtualized Network Functions (VNFs) enable operators to launch new services or capabilities that integrate smoothly with existing operations, as well as the flexibility to adjust deployments based on subscriber behavior and evolving new technologies…while avoiding legacy supplier lock-in and proprietary approaches.”

CloudRange™ is a fully automated NFV solution, built with a Cloud Native and Web-Scale architecture that drastically drives down the network economics for mobile operators with scalability, efficiency and zero touch automation. CloudRange™ is also used to manage Mavenir’s cloud-native microservices based stateless applications.

CloudRange empowers operators with highly efficient orchestration and control of VNF and container assets and helps to deliver cost savings by including additional infrastructure elements such as traffic aggregation, load balancing and end-to-end service assurance with analytics, monitoring and orchestration. CloudRange™ also includes Virtual Taps and Traffic monitoring along with open networking switches that are fully controlled and managed by Mavenir SDN-Controller, to ensure full and comprehensive operational control.

About Mavenir:

Mavenir is purpose-built to redefine mobile network economics for Communication Service Providers (CSPs). Our innovative solutions pave the way to 5G with 100% software-based, end-to-end, Cloud Native network solutions. Leveraging industry-leading firsts in VoLTE, VoWiFi, Advanced Messaging (RCS), Multi-ID, vEPC and Cloud RAN, Mavenir accelerates network transformation for more than 250+ CSP customers in over 130 countries, serving over 50% of the world’s subscribers.

We embrace disruptive, innovative technology architectures and business models that drive service agility, flexibility, and velocity. With solutions that propel NFV evolution to achieve web-scale economics, Mavenir offers solutions to help CSPs with cost reduction, revenue generation and revenue protection. Learn more at mavenir.com.

Mavenir, the M logo, and Cloud Range are trademarks owned by Mavenir Systems, Inc.

Copyright © 2018 Mavenir Systems, Inc. All Rights Reserved.

Contacts

Maryvonne Tubb
Mavenir
PR@mavenir.com
or
Lydia Fakhouri
MatterNow
mavenir@matternow.com
or
Kevin Taylor
GlobalResultsPR
mavenir@globalresultspr.com


Permalink : https://www.aetoswire.com/news/mavenir-deploys-end-to-end-virtualized-network-functions-on-its-nfv-cloudrangetrade-platform-worldwide/en