ACE*COMM's Network ''Market Maker'' Solution Reveals $170 Million in New Subscriber Capture Potential for a Large Cable Operator.GAITHERSBURG, Md. -- ACE*COMM Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ACEC ACEC American Council of Engineering Companies (formerly American Consulting Engineers Council) ACEC American Consulting Engineers Council (now American Council of Engineering Companies) ), a global provider of network business intelligence and advanced operations support systems Operations Support Systems (also called Operational Support Systems or OSS) are computer systems used by telecommunications service providers. The term OSS most frequently describes "network systems" dealing with the telecom network itself, supporting processes such (OSS Oss (ôs), city (1994 pop. 62,141), North Brabant prov., S Netherlands; chartered 1399. It is a significant industrial center. Manufactures include meat products, chemicals, pharmaceuticals, electrical equipment, and metalware. ) solutions, today announced the successful deployment of its network Market Maker solution for a leading European cable operator. Market Maker, which is part of ACE*COMM's Network Business Intelligence solutions suite, lets service providers optimize network resources to enable more efficient delivery of services to new and existing customers. Data from multiple sources is analyzed, and presented to operators in a composite, map-based graphical interface See GUI. providing a review and analysis of distributed network resources to support decision-making for expanding market penetration Noun 1. market penetration - the extent to which a product is recognized and bought by customers in a particular market penetration - the act of entering into or through something; "the penetration of upper management by women" and developing new markets for their products and services. E[acute accent acute accent n. A mark (´) indicating: a. that a vowel is close or tense, as é in French été. b. that a vowel or syllable has a high or rising pitch, as in Chinese or Ancient Greek. c. ]One of the biggest challenges facing a service provider's sales team in a competitive telecom environment is the identification of real, prospective customers. The cable operator utilized Market Maker to integrate network and capacity data from inventory management, customer care, and billing systems. This data was then enhanced with marketing, financial, and location information. Per the estimates provided by customer sources, the enriched database and applied network business analytics produced the following results: E[acute accent]--Revealed a market potential of $170 million per year in untapped subscriber revenues E[acute accent]--Led to a 23% reduction in direct mail costs E[acute accent]--Provided a significant increase in sales conversion rates E[acute accent]--Featured an estimated return-on-investment (ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). ) of $35 million in the first year E[acute accent]Commented Dan Baker, director of OSS/BSS research at Dittberner Associates, Inc., recent publishers of the "Revenue Assurance & Cost Management Market" report: E[acute accent]"Market Maker makes a lot of sense for local loop carriers. It allows an operator to display the physical network in relation to existing customers, prospective customers, network infrastructure, and spare capacity. This should be a highly desirable product for wireline telcos targeting households and businesses because it makes it easier to understand the physical location and status of existing and churned customers, facilitating smarter sales and marketing efforts." E[acute accent]Dittberner is an international market research and consultancy with over 70 telecom service providers as clients. For more information, visit: www.dittberner.com. E[acute accent]Market Maker offers many benefits for operators across sales, marketing, customer care, network planning and operations, including: E[acute accent]--Improved sales conversion rates E[acute accent]--Identification of win-back sales prospects E[acute accent]--Proactive installation preparation in a virtual environment, leading to reduced cost of delivery and more competitive offerings E[acute accent]--Increased ability to focus on "good" customers while avoiding potential bad payers E[acute accent]--Identification of new sales prospects where there is capacity but no uptake E[acute accent]For more information on Market Maker and other ACE*COMM Network Business Intelligence solutions, contact info@acecomm.com or visit http://www.acecomm.com/solutions/2helix/network-intelligence.htm E[acute accent]About ACE*COMM E[acute accent]ACE*COMM is a global provider of network business intelligence and advanced operations support systems (OSS) solutions for telecom service providers and enterprises. ACE*COMM's solutions are applicable to a range of legacy through next-generation networks that include wired, wireless, voice, data, multimedia, and Internet communications networks. These solutions provide the analytical tools required to extract knowledge from operating networks--knowledge customers use for asset recovery and revenue assurance, cost reduction, improved operational efficiency, acceleration of time-to-market for new services, and more effective customer care. E[acute accent]For over 20 years, ACE*COMM technology has been effectively deployed for more than 300 customers, spanning over 4000 installations in 70 countries worldwide. ACE*COMM-installed products are currently enabling the success of customers and partners such as Alcatel, AT&T, Cisco, General Dynamics General Dynamics Corporation (NYSE: GD) is a defense conglomerate formed by mergers and divestitures, and as of 2006 it is the sixth largest defense contractor in the world[1]. The company has changed markedly in the post-Cold War era of defense consolidation. , IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , Level 3 Communications
Level 3 Communications NASDAQ: LVLT is a communications and information services company headquartered in Broomfield, Colorado, USA. , Marconi, Motorola, Northrop Grumman Northrop Grumman Corporation (NYSE: NOC) is an aerospace and defense conglomerate that is the result of the 1994 purchase of Grumman by Northrop. The company is the third largest defense contractor for the U.S. , Siemens, and Unisys. Headquartered in the Washington, DC area, ACE*COMM has corporate offices in Australia, Canada, China, and the UK. ACE*COMM is a registered ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9001 quality standard company. For more information, visit www.acecomm.com. E[acute accent]ACE*COMM, and the ACE*COMM logo are registered trademarks of ACE*COMM Corporation. E[acute accent]Except for historical information, the matters discussed in this news release include forward-looking statements that are subject to certain risks and uncertainties that could cause the actual results to differ materially from those projected, including, but not limited to: the failure of anticipated demand to materialise, delays or cancellations of orders due to various factors, including business and economic conditions in the U.S. and foreign countries; industry-wide slowdowns, any limitations on customers' financial resources, the continued convergence of voice and data networks, the continuing success of the Company's strategic alliances for product development and marketing, customer purchasing and budgetary patterns or lack thereof; pricing pressures and the impact of competitive products; the timely development and acceptance of new products; the Company's ability to adequately support its operations, and other risks detailed from time to time in the Company's Report on Form 10-Q Form 10-Q See 10-Q. and other reports filed with the Securities Exchange Commission. |
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