The Mobile Telecommunications Company (MTC) Group and Connectiva Systems, a leading provider of revenue assurance solutions to the telecom industry worldwide has won the prestigious World Billing Award – “Best Revenue Assurance / Management Project” — awarded by the Institute for International Research (IIR). Connectiva Systems was awarded this recognition for implementing its ONEREViEW(TM) revenue assurance solution at the MTC Group, and demonstrating a compelling Return on Investment (ROI) for the project while delivering the desired functionality on time and under budget.
Launched in 1997, the World Billing Awards are widely regarded as the highest recognition of billing excellence within the telecom industry. The winners were selected in April 2005 and the award ceremony took place on December 6, 2005 in Madrid. Connectiva Systems was named joint-winner with the MTC Group for the “Best Revenue Assurance Project” for 2005.
Hugh Roberts, presenting the award as chairman of the World Billing Awards judging panel, said, “We introduced the ‘Best Revenue Assurance / Revenue Management Project’ award this year not only as a reflection of the increasing role that revenue assurance is playing in delivering operational effectiveness but also to increase awareness of this amongst the global service provider community. We were delighted that the competition in this new category was so fierce, and the winners are indeed worthy of industry acknowledgement. In the case of the MTC Group deployment, the Judging Panel were particularly impressed by the fact that Connectiva were able to demonstrate some arduous proof of concept requirements and Total Cost of Ownership benefits prior to being awarded the contract, and that the solution was selected and implemented successfully on the basis of scalability, adaptability and with continuous functional change in mind.”
“We are honored to receive this award,” said Mark Trudeau, CEO of Connectiva Systems. “Progressive telecom operators like the MTC Group, who want to maximize the lifetime value of their customers, understand the value of getting visibility over their revenue chain. ONEREViEW(TM)’s unique process-based approach to revenue assurance helps them achieve this objective.”
Venkatesh Jandhyala, Group Revenue Assurance Manager, MTC Group said, “We are delighted to share this winner’s award with Connectiva Systems. Our achievement is a product of the RA philosophy gaining company-wide acceptance and working with a vendor who shares a commitment to our corporate values and objectives. We hope that our success will prompt other operators to take up the challenges of revenue assurance seriously and partner with a good vendor to ensure successful outcomes. This is indicative of our goal to control our revenue cycle and minimize revenue loss, thereby enhancing value for all shareholders in the MTC Group.”