TORONTO – November 1, 2016 Redknee Solutions Inc. (TSX: RKN), a leading provider of real-time monetization and subscriber management software, is pleased to announce that it has been recognized as a Visionary in the October 2016 Gartner Magic Quadrant report for Integrated Revenue and Customer Management (IRCM) for Communications Service Providers (CSPs). We believe Redknee’s updated position in the Magic Quadrant reflects the depth of its product portfolio, including the ability to offer all IRCM components to service providers, and the investment made in developing new and advanced functionality such as Voice-over-LTE (VoLTE) and virtualization.
Since last year’s Magic Quadrant, Redknee has significantly improved its position moving from the Challengers quadrant into the Visionaries quadrant. Gartner’s 2016 Magic Quadrant for IRCM evaluates solutions that provide billing, customer care, rating, charging, pricing, partner relationship management, policy management, mediation, self-service and analytics for CSPs. The integrated revenue and customer management (IRCM) market is composed of communications service providers (CSPs) looking for commercial off-the-shelf software packages that address business-critical revenue and customer management business processes.
Lucas Skoczkowski, Redknee’s CEO commented:
“Redknee continues to improve its positon in the Gartner Magic Quadrant for IRCM. We believe our 2016 result highlights the value of our continued investment in our products and business. Redknee’s agile end-to-end monetization and subscriber management solution continues to be at the forefront of available technology and we look forward to continuing to bring exciting monetization solutions to market in the future.”
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
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Redknee monetizes today’s digital world. We provide a complete portfolio of mission-critical monetization and subscriber management solutions and services that allow communications service providers, utility companies, automotive and enterprise businesses of all types to charge for things in new and innovative ways. Redknee’s real-time billing, charging, policy and customer care offerings provide the agility and scalability to drive a unique user experience, increase profitability and support any new product or business model. Available on premise, cloud-based, or as a Software-as-a-Service, Redknee’s low-risk, flexible solutions power more than 250 businesses across the globe. Established in 1999, Redknee Solutions Inc. (TSX: RKN) is the parent of the wholly-owned operating subsidiary Redknee Inc. and its various subsidiaries. References to Redknee refer to the combined operations of those entities. For more information about Redknee and its solutions, please go to www.redknee.com.
For additional information please contact:
Michaela Radman, Corporate Communications
+1 905 625 2190
NATIONAL | Equicom
T: (416) 848-1457