TORONTO, Nov. 18, 2013 /CNW/ - Redknee Solutions Inc. (TSX: RKN), a leading provider of business-critical billing and charging software for communications service providers, is pleased to announce that Frost & Sullivan, a global business analyst and consulting firm, has selected Redknee as the recipient of the 2013 Stratecast | Frost & Sullivan Award for Global Growth Leadership in Communications Service Provider (CSP) billing. The Stratecast | Frost & Sullivan Award for Global Growth Leadership is presented to the company that has demonstrated excellence in capturing the highest compound annual growth rate over the past three years.
During the award evaluation process, Frost & Sullivan's Stratecast business support solutions (BSS) and competitive strategies team interviewed and assessed more than 100 suppliers addressing the CSP billing marketplace. When presenting the award, Stratecast noted that Redknee's impressive revenue growth in the past three years has surpassed all of its competitors in the industry. To read Stratecast's full assessment, please visit http://www.redknee.com/pdf/forms/stratecast_growth_leadership_award.aspx
Karl Whitelock, Stratecast | Frost & Sullivan Director Global OSS BSS Strategy commented:
"Stratecast believes that Redknee's commitment to customer satisfaction, in particular, is a key factor in its extremely strong revenue growth and to its expanding global customer base. Through its continued investment in its combined product portfolio, close management relationships with customers, and its ability to retain its acquired customer base, Stratecast believes Redknee will be able to continue the success it has achieved so far."
Redknee's market-leading converged billing and customer care software solutions address the real-time billing, rating, charging with integrated policy, promotions, analytics and customer care functions from a single platform. Available on-premise, via the cloud, or as a Software-as-a-Service offering, Redknee enables communications service providers to achieve the benefits of an end-to-end, converged billing and customer care platform, fulfilling the billing needs for mobile, cable, fixed, ISP/broadband and multi-play services and all customer payment types.
Lucas Skoczkowski, Redknee's CEO commented:
"This award is in recognition of the substantial progress Redknee has made on our strategic growth plan. The milestones we have achieved in 2013 set the stage for Redknee to further accelerate our growth, expand our market share, and advance our position as the real-time monetization software provider of choice to service providers around the world. Most importantly, this award reflects the dedication of our highly skilled employees and the support of our valued customers."
Frost & Sullivan Best Practices Awards series recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.
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.
Redknee is a leading global provider of innovative communication software products, solutions and services. Redknee's award-winning solutions enable service providers to monetize new services, business models and content and to deliver a comprehensive customer experience - through either SaaS or on-premise based solutions. Redknee's revenue and subscriber management platform provides innovative converged billing, charging, customer care, and payments solutions for voice, messaging and data services to over 200 service providers in over 90 countries. 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:
Ashleigh Young, Corporate Communications
+1 905 625 2733
T: (416) 815-0700 ext. 278
T: (416) 815-0700 ext. 253