cVidya Wins Global Telecoms Business Award for its Dealer Management Deployment at Vodafone D2 Germany
Deployment of DealerMap® detects financial risks in dealer's operations resulted in large savings for the Operator
Online, June 9, 2010 (Newswire.com) - London, June 8, 2010 - cVidya Networks (http://www.cvidya.com), a global leader and innovative provider of Revenue Intelligence solutions for telecom, media and entertainment service providers, have been awarded today the 'Supply Chain Innovation Award' at the 2010 Global Telecoms Business Awards ceremony. The award was given in recognition of cVidya's implementation of DealerMap® at Vodafone D2, Germany.
DealerMap® enables Telecom Service Providers to monitor the full supply chain to the point of sale and to the end user. The solution's benefits include transparency of commission payments, full reconciliation and validation of paid commissions, dealers' profitability analysis, risk scoring, and detection of abuse patterns. These benefits equate to several million Euros in annual savings.
"After the full implementation of this project, Vodafone D2 Germany is able to extend reliable financial assurance to verify dealer commission payments, based on tangible information and data analysis" commented Alexander Nelles, Head of Sales Support - Vodafone D2 Germany.
Alan Burkitt-Gray, Editor of Global Telecoms Business, remarked upon the awards: "The project stood amongst strong competition and we're delighted to award this to cVidya. Congratulations to all involved in making this a success."
"This award recognize the advance and innovative capabilities of our Dealer Management solutions", said Alon Aginsky, Founder, President and CEO of cVidya Networks. "This project represented a significant challenge, both in terms of scope and complexity and we are delighted to have provided Vodafone D2 Germany with substantial results."
DealerMap® offers a flexible answer to the growing complexity in managing a multiple-dealers-environment with its DealerMap®/Commission Management, DealerMap®/ commission Verification and DealerMap®/Risk Management solution. DealerMap® is part of cVidya's recently launched IRIS® (Integrated Revenue Intelligence) Suite.
About cVidya
cVidya is a global leader and innovative provider of revenue-intelligence solutions for telecom, media and entertainment service providers. cVidya's Integrated Revenue Intelligence Solutions (IRIS®) product portfolio helps operators to maximize their margins, improve their customer experience and optimize ecosystem relationships through revenue assurance, fraud and risk management, dealer management, marketing analytics applications and clearinghouse services. cVidya's customers include British Telecom, Telefonica Group, Vodafone Germany, AT&T, Bell Canada, O2 UK, MTN South Africa, Swisscom, Telecom Italia, China Telecom, and more. cVidya is backed by leading investors, including Battery Ventures, Carmel Ventures, Hyperion, Stage One, STAR Ventures, and Plenus.
For more information visit www.cvidya.com
About Global Telecoms Business
Global Telecoms Business is the journal for senior management among communications service providers worldwide. The magazine was founded in 1993. It reviews commercial and technical developments within the telecommunications sector from a business management perspective. Each edition carries in-depth interviews with the CEOs of major telecoms service providers and detailed insight into strategic issues of importance to the industry, including wireless and wireline convergence, triple play, VoIP, OSS and finance.
For more information visit www.globaltelecomsbusiness.com