WALTHAM, Mass.--(BUSINESS WIRE)-- NetCracker Technology announced today that it has received the 2013 Global CSP Billing-Partner Management Market Share Leadership Award from Stratecast | Frost & Sullivan.
According to Stratecast, the award is presented to the company that has demonstrated excellence in capturing the highest market share within the global CSP billing market segment of Partner Management. The Award recognizes the company's leadership position within the industry in terms of revenue.
According to the Best Practices Research report with the same name, Stratecast identified NetCracker as leading the market with a 51% share for the Partner Management sector. NetCracker is also identified as a leader in all six billing domains defined by Stratecast, including billing mediation, rating and charging, other core billing, policy management, interconnect and settlement, and partner management.1
“The communications marketplace is increasing its customer focus on partner-supplied service bundles and mCommerce with retail merchants,” said Karl Whitelock, Director, Global OSS BSS Strategy at Stratecast | Frost & Sullivan. “With this growing trend, the partner management and compensation processes are garnering more attention now than at any time in the past. Solution suppliers such as NetCracker, with deep knowledge of this critical functionality, are essential in bringing critical insight and solutions to this business management domain.”
“Billing Partner Management is an area that is increasingly important to our customers,” said Sanjay Mewada, Vice President, Strategy at NetCracker. “As their M2M, wholesale and third-party business models diversify, real-time data, lower per-transaction costs, and end-to-end visibility in the billing process become critical. We are thrilled to be recognized for our leadership in Partner Management by Stratecast | Frost & Sullivan.”
Stratecast identifies Partner Management as one of the newer segments of CSP billing as well as one of the fastest growing. For the award, Stratecast interviewed and analyzed more than 100 suppliers, covering various aspects of the end-to-end CSP billing marketplace.
Visit www.NetCracker.com for more information.
1 Market Share Leadership Award, Stratecast CSP Billing – Partner Management Global, 2013; Best Practices Research, November 2013
About NetCracker Technology
NetCracker Technology, a subsidiary of NEC Corporation, is the proven partner for communications service providers and cable operators offering comprehensive, end-to-end solutions and delivery capabilities to optimize their enterprise. With its global reach, leading-edge technology, and unbroken track record of successful implementations, NetCracker helps eliminate operational and business silos and delivers real-time experience in an on-demand world. For more information, please visit www.NetCracker.com.
NetCracker is a registered trademark of NetCracker Technology Corp. All other company or product names mentioned in this press release may be trademarks or registered trademarks of the respective companies with which they are associated.
About NEC Corporation
NEC Corporation is a leader in the integration of IT and network technologies that benefit businesses and people around the world. By providing a combination of products and solutions that cross utilize the company’s experience and global resources, NEC’s advanced technologies meet the complex and ever-changing needs of its customers. NEC brings more than 100 years of expertise in technological innovation to empower people, businesses and society. For more information, visit NEC at http://www.nec.com.
NEC is a registered trademark of NEC Corporation. All Rights Reserved. Other product or service marks mentioned herein are the trademarks of their respective owners. ©2013 NEC Corporation.
About Stratecast | Frost & Sullivan
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.
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants. For more than 50 years, we have been developing growth strategies for the Global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies? For more information, visit www.frost.com.
Source: NetCracker Technology