WAKEFIELD, Mass., Oct. 28, 2013 (GLOBE NEWSWIRE) -- Comverse (Nasdaq:CNSI), the global leader in telecom business enablement, has again been positioned in the Leaders Quadrant by Gartner Research in its 2013 Magic Quadrant for Integrated Revenue and Customer Management (IRCM) for CSPs report published October 17 by Norbert Scholz et al.
Based on rigorous analysis backed up by structured methodologies, the Gartner Magic Quadrant evaluates technology providers' abilities and strategies to help organizations make business-critical technology decisions. "We believe positioning in the Leaders Quadrant underscores Comverse's ability to deliver on what service providers and end users require today and in the future," said Gani Nayak, SVP, Systems & Solutions at Comverse at Comverse.
"In our opinion, Gartner's IRCM Magic Quadrant is a respected industry benchmark providing an objective perspective on vendors' commitment to innovate in support of communication service providers' (CSPs') rapidly changing business requirements and their ability to turn vision into actions," said Nayak. "We feel our placement in the Leaders Quadrant provides significant independent validation of Comverse strengths, innovations and differentiators in helping operators around the globe monetize the digital world."
According to Nayak, Comverse excels in Gartner's criteria for IRCM leadership:
- Completeness of Vision: A blend of domain expertise, an appropriate go-to-market strategy, and a focus on innovation in product functionality and enabling technology
- Ability to Execute: A combination of factors driven by product functionality, architecture and performance, and the ability to meet customer expectations during product delivery and operation. Vendors are judged on their ability and success in executing their vision.
"Enabling new business models and lines of business for CSPs of all sizes, Comverse BSS is quantifiably boosting ARPU, increasing marketing and upsell effectiveness, cutting time to market and creating cost-saving operational efficiencies worldwide – with proven delivery methodologies ensuring consistently smooth and timely deployments," noted Nayak.
About Gartner's Magic Quadrant
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Comverse is a leading global provider of telecom business solutions that enable communication service provider success in the hyper-connected world through service innovation and smart monetization. The company's proven and innovative product portfolio includes BSS, Policy Management (PCRF) and Enforcement and Digital & Value Added Services – all backed by Managed and Professional Services. Comverse's extensive customer base spans more than 125 countries with solutions successfully delivered to over 450 communication service providers serving more than two billion subscribers. Comverse's solutions are available in a variety of delivery models, including on-site, cloud, hosted/SaaS and managed services. For more information, visit www.comverse.com.
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 filed with the SEC on May 16, 2013 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.
CONTACT: Thomas Sabol Comverse, Inc. firstname.lastname@example.org +1-781-224-8200