October 6, 2003
Fair Lawn, NJ,
Intellity Consulting and Connectiva Systems today announced an alliance to provide comprehensive revenue assurance solutions to Latin American and Caribbean telecom service providers. The combination of Intellity's expertise of revenue assurance with Connectiva's powerful product toolset will provide operators with flexible solutions that can address revenue assurance needs at all points in an operator's revenue chain.
On average, a carrier's bottom line is impacted between 2%-8% annually due to revenue leakage. Such leakage occurs for many reasons including poor network utilization, incorrect rating, or inefficient key business processes. The ideal solution to address this problem includes the combination of strong telecom expertise and a flexible, lightweight, easily managed product platform designed as a carrier grade solution.
Intellity and Connectiva will perform joint sales and marketing activities in the region and will partner to provide operators with solutions to their most pressing revenue assurance needs. The combination of Intellity and Connectiva will provide carriers with solutions including process automation, data reconciliation, automatic error correction, billing validation and business activity monitoring and reporting.
Avi Basu, CEO, Connectiva Systems said:
"We are pleased to partner with such a talented team as Intellity Consulting and look forward to leveraging their many years of experience in revenue assurance and our flexible product platform to offer the optimum solutions available today."
Marco Villacorta, Regional Manager, Intellity Consulting, said:
"In the telecommunications industry, monitoring risks and possible losses is becoming more complex daily; thus, traditional solutions and manuals on Revenue Assurance are no longer the answer. A successful Revenue Assurance strategy will be the result of the combination of years of experience in Revenue Assurance and the use of the best available tool. As a result, Intellity Consulting is proud that it can count on the tools of Connectiva Systems. We at Intellity Consulting are sure that because of this alliance, we will be able to offer our clients the best and most complete solutions in Revenue Assurance."
About Intellity Consulting
Intellity Consulting offers business consulting and risk consulting services, including solutions to the telecommunications industry in the areas of cost analysis, bill verification, business continuity planning, revenue assurance, interconnection settlements, roaming management, information security, internal audit and IT audit. Intellity Consulting provides consulting services to the Latin American region. Because of the years of experience working in Latin American telecom companies, Intellity's professionals have an in-depth understanding of the unique characteristics of the telecom industry in the region. Visit www.intellityconsulting.com to learn more about Intellity.
About Connectiva Systems
Connectiva Systems is a revenue chain management software company whose solutions enable telecom operators to improve business performance, productivity and profitability. Connectiva's award-winning ONEREViEWTM is a multi-application platform for revenue assurance, fraud management, and risk analytics, which can either be deployed as an integrated suite, or as independent applications. Companies that have partnered with Connectiva to identify and recover more than $500 million in leaked revenues include leading global service providers such as the Zain Group, Cable & Wireless, Bharti Airtel, Etisalat, Qtel Group, and BSNL, among others. Headquartered in New York, the company is privately held and has offices in London, Mexico City, Bahrain, New Delhi, and Singapore. Connectiva's Global Innovation Center is located in Kolkata, India. Visit www.connectivasystems.com
For more information contact:
Marco Villacorta - Regional Manager
Intellity Consulting
Phone: +511 446 0065
marco.villacorta@intellityconsulting.com
Connectiva Systems, Inc.
marketing@connectivasystems.com