TORONTO, Sept. 22, 2015 /CNW/ - Redknee Solutions Inc. (TSX: RKN), a leading provider of real-time monetization and subscriber management software, is pleased to announce that Frost & Sullivan, a leading global analyst house, has presented Redknee with the 2015 Stratecast | Frost & Sullivan Competitive Strategy Innovation & Leadership Award for CSP Billing. The award recognizes Redknee for excellence in innovation, strategy and customer impact.
The award evaluation process involved Stratecast | Frost & Sullivan's Operations, Orchestration, Data Analysis & Monetization (ODAM) Global Competitive Strategies team evaluating more than 100 suppliers in the CSP billing marketplace. For this award, 10 criteria were used to select the award recipient, including strategy effectiveness, competitive differentiation, stakeholder integration, price and performance value, customer experience and brand equity. Redknee was recognized for its strategy, ability to innovate, high customer satisfaction levels, and growth, despite a competitive market and challenging economic conditions.
Karl Whitelock, Stratecast | Frost & Sullivan director, Global OSS BSS Strategy, commented:
"Stratecast recognizes the choices Redknee's leadership team and its employees have made to contribute in a meaningful way to the future of the organization. It is Redknee's noteworthy growth over the past two years along with the effectiveness of its strategy that has enabled the company to achieve powerful business results. Redknee's continued investment in its customers, products and employees have enabled it to retain high customer satisfaction across its customer base, maintain close management relationships, ensure strong revenue growth and enable its brand recognition."
Lucas Skoczkowski, Redknee's CEO, commented:
"Redknee is pleased to accept the 2015 Stratecast | Frost & Sullivan Competitive Strategy Innovation & Leadership Award for CSP Billing. The award recognizes Redknee's leading position in the billing market, our robust innovation and growth strategy, as well as our commitment to achieving high customer satisfaction. We look forward to another successful year and look forward to pursuing our growth strategy, while demonstrating leadership and innovation in the real-time billing market."
Redknee enables communications service providers (CSPs) to monetize and optimize the subscriber experience across the entire customer lifecycle. Redknee's highly scalable and flexible solution enables CSPs to monetize third-party relationships and content, support resellers and dealers, and launch multi-country operations quickly, effectively and with a low total cost of ownership. Available on premise, cloud-based and as a Software-as-a-Service offering, Redknee delivers a complete monetization and subscriber management solution to more than 250 service providers.
Stratecast collaborates with our clients to reach smart business decisions in the rapidly evolving and hyper-competitive Information and Communications Technology markets. Leveraging a mix of action-oriented subscription research and customized consulting engagements, Stratecast delivers knowledge and perspective that is only attainable through years of real-world experience in an industry where customers are collaborators; today's partners are tomorrow's competitors; and agility and innovation are essential elements for success. Contact your Stratecast Account Executive to engage our experience to assist you in attaining your growth objectives.
About Frost & Sullivan:
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation, and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses, and the investment community from more than 40 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.
Redknee monetizes today's digital world. We provide a complete portfolio of mission-critical monetization and subscriber management solutions and services that allow communications service providers, utility companies, auto makers and enterprise businesses of all types to charge for things in new and innovative ways. Redknee's real-time billing, charging, policy and customer care offerings provide the agility and scalability to drive a unique user experience, increase profitability and support any new product or business model. Available on premise, cloud-based, or as a Software-as-a-Service, Redknee's low-risk, flexible solutions power more than 250 businesses across the globe. Established in 1999, Redknee Solutions Inc. (TSX: RKN) is the parent of the wholly owned operating subsidiary Redknee Inc. and its various subsidiaries. References to Redknee refer to the combined operations of those entities. For more information about Redknee and its solutions, please go to www.redknee.com.
SOURCE Redknee Solutions Inc.
For further information: Redknee Solutions: Michaela Radman, Corporate Communications, M[email protected], +1 905 625 2190; Investor Relations: Robert Kelly, NATIONAL | Equicom, T: (416) 848-1382, [email protected]