Subex Systems Limited said on Tuesday that a north American internet service provider (ISP) will use the Bangalore-based software firm's theft detection software, Ranger, in a "multi-million dollar" deal. |
The "tier-1 ISP has a subscriber base of over five million," a Subex release said. The telecom firm's purchase of Ranger, a part of Subex's RevMax suite of telecom fraud detection and prevention software applications, was the "first pure ISP win for Subex", the release said. |
Subash Menon, president and chief executive officer of Subex, said, "This is a significant new direction for us after proving ourselves as a world leader of revenue maximisation solutions, in the telco space. |
Subex's solutions are technology-agnostic and this win asserts our products' flexibility in adapting to needs of different types of service providers. This win also opens a new avenue for growth for Subex." |
Subex has some 70 telecom companies in 42 countries as its customers. The "revenue maximisation suite" offered these telcos an integrated platform to keep tabs on their customers, the retail subscribers. It helped improve revenues and bottomlines by detecting potential theft of the services the telcos offered. |
The integration allowed "streamlined, standards-driven end-to-end revenue maximisation workflow." |