Optiva Metered First Charging Transaction Using Google Cloud Platform

Milestone is a first by a telecom charging enterprise software company

TORONTO, JUNE 19, 2018 /CNW/ – Optiva Inc. (TSX: OPT), an innovative software company that delivers mission-critical monetization and subscriber management solutions to leading communication service providers (CSPs) globally, today announced a milestone that it is the first telecom charging enterprise software company to meter charging transactions in a Kubernetes environment using Cloud Spanner and Google Cloud Platform.

 

CSPs across the globe are facing the challenges of mobile internet growth, and demand is driving the need for capacity planning and scalability at lower overall cost. This led Optiva to seek innovative solutions and discover the power of Cloud Spanner, which is uniquely positioned to solve this problem.

 

Optiva Charging EngineTM, when deployed on Cloud Spanner, provides CSPs with the stability and dynamic scaling to handle up to 500,000 charging transactions per second at one-tenth the cost of Oracle databases.* A significant milestone for Optiva, Google Cloud Platform is an integral part of the journey to lowering the total cost of ownership across the board for telcos.

 

Optiva will follow up the announcement made at the 2018 Mobile World Congress about becoming a Google Cloud Technology Partner by speaking at the Google Cloud Next ‘18 event in San Francisco in July.

 

“We’re excited about migrating major telecom provider billing systems to Cloud Spanner. Optiva Charging Engine, deployed on Cloud Spanner, offers unparalleled performance in an open-integration framework, offering CSPs a best-of-breed, end-to-end converged billing solution,” said Danielle Royston, CEO of Optiva. “The telecom industry is becoming essential to more industries and is facing demand by markets across different sectors of the economy. Cloud Spanner offers a cost-efficient way to meet demand and continue to use the same skills, IT and network hardware already in place.”

 

*Based on internal testing by Optiva.

 

About Optiva Inc.:

Optiva Inc. monetizes today’s digital world for communications service providers. Our portfolio of subscriber management software enables real-time billing, charging, policy management and user experience functionality that is mission-critical for our customers’ growth and innovation. Available on-premise or in the cloud, Optiva™ solutions are designed to deliver the most impact for the best value. Our deep market knowledge and powerful analytical insights coupled with the Customer Success program ensure our customers have what they need to achieve their strategic business goals. Established in 1999, Optiva Inc., can be found on the Toronto Stock Exchange (TSX: OPT). For more information, please go to www.optiva.com.  

 

For additional information, please contact:

 

Media Inquiries:

Kristin Donelson

media@optiva.com

T: (905) 625-2190

 

Investor Relations:

Lana Pisarenko

NATIONAL | Equicom

lpisarenko@national.ca

T: (416) 586-1947