Adero selects apogee networks to Provide internet billing/revenue settlement solution; NetCountant Settlement Platform to Process Billions of Content Bridge Transactions Daily.Business/Technology Editors SADDLE BROOK, NJ--(BUSINESS WIRE)--Sept. 6, 2000 Adero, a leading provider of network services and enabling technologies, has selected Apogee Networks' NetCountant Settlement(TM) as the foundation for its revenue sharing revenue sharing Funding arrangement in which one government unit grants a portion of its tax income to another government unit. For example, provinces or states may share revenue with local governments, or national governments may share revenue with provinces or states. system for content distribution across the Internet. NetCountant Settlement will provide the rating, revenue sharing, and billing functionality which is included in the suite of services that Adero will be delivering to Content Bridge(sm) alliance partners as recently announced (see www.adero.com or www.content-bridge.com). Adero will ensure that content is updated across all alliance member networks and provide a centralized billing and revenue sharing service for cross-network transactions. After an extensive review of Apogee Networks' capabilities, Adero has selected Apogee Networks' NetCountant Settlement platform as its settlement/billing engine. NetCountant Settlement brings several competitive advantages to Adero's services. Its ability to scale to handle the daily content transactions load provides the required technological capability for a cross-network revenue sharing solution for the Internet. NetCountant Settlement's ability to define, identify, measure and rate content by multiple criteria, provides Adero the flexibility to develop creative new Business and Revenue models. NetCountant Settlement's real-time rating capability provides the ability to react to market changes quickly and introduce new service offerings. "Adero and its alliance partners have embarked upon a bold new venture that we believe will have a long term and positive impact on the Internet economy The Internet Economy refers to conducting business through markets whose infrastructure is based on the Internet and World-Wide Web. An Internet economy differs from a traditional economy in a number of ways, including: communication, market segmentation, distribution costs, and price. . Our NetCountant Settlement platform will provide Adero with a technological advantage that will allow it to build and rapidly introduce new Revenue models for its partners and customers," said Apogee Networks' Founder and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Pablo Tapia. "We concluded that the Apogee Networks' NetCountant Settlement platform has the scalability, flexibility, and complete accounting process to handle the complexity of our new suite of services," said Adero's CEO, Jonathan Crane. "NetCountant Settlement gives Adero the foundation and the flexibility needed to handle the complex content billing and revenue sharing requirements that our service offerings are providing to Content Bridge," Crane added. "The performance and scalability that NetCountant Settlement has demonstrated opens up exciting opportunities for the industry," said Craig Norris Craig Norris is a Canadian rock singer and radio personality. He is the lead singer for The Kramdens, and is also a host on CBC Radio 3, including the network's weekly record chart show The R3-30. External links
(architecture) fault tolerance - 1. The ability of a system or component to continue normal operation despite the presence of hardware or software faults. This often involves some degree of redundancy. 2. ." "Content has different value to different market segments. Thus, the ability to define, identify and bill for actual content usage will become a fundamental competitive requirement in next generation billing platforms," said Paul Hughes Paul Hughes (born 19 April 1976 in Hammersmith) is a retired English footballer who played in midfield. Hughes began his career with his local side, Chelsea, and started well, scoring on his debut again Derby County with an impressive solo effort. , Director of Billing Practices at The Yankee Group (the Yankee Group, Boston, MA, www.yankeegroup.com) A major market research, analysis and consulting firm founded in 1970 by Howard Anderson. It provides general consulting and strategic planning in the computer and communications field. . "Until NetCountant Settlement's development, the industry has lacked the technological capability to scale to handle the billions of content transactions that are exchanged through the Internet. Traditional legacy systems have simply been unable to scale to meet this challenge. The introduction of Apogee Networks' NetCountant Settlement, therefore, represents a significant movement towards the realization of content based billing for next generation IP services," added Hughes. About Adero Adero provides global services that enable companies to create a rapid, consistent and reliable Internet experience for online customers globally. These services are designed to be cost-effective, outsourced solutions for e-businesses of any size, enabling rapid deployment of Web content, distributed applications and e-commerce services worldwide. Adero is one of three founding members, along with Inktomi Corp. and America Online See AOL. , Inc., of the Content Bridge alliance, which is comprised of leading global network access providers, backbone and Web hosting Making a Web site available on the Internet. Many ISPs host a few personal Web pages for an individual at no additional cost above the monthly service fee, but the address is subordinate to the ISP; for example, www.friendlyisp.com/pat_smith. providers, systems integrators, and leading technology providers who collectively sell and deliver content distribution services to their customers. Adero provides core services The introduction to this article provides insufficient context for those unfamiliar with the subject matter. Please help [ improve the introduction] to meet Wikipedia's layout standards. You can discuss the issue on the talk page. to Content Bridge such as content management and distribution, performance monitoring, and revenue sharing and billing. Content Bridge is a service mark of Inktomi Corp. used under license by Inktomi Corp. About Apogee Networks Headquartered in Saddle Brook, New Jersey Saddle Brook is a township in Bergen County, New Jersey, United States. As of the United States 2000 Census, the township population was 13,155. Saddle Brook adopted its current name on November 8, 1955, replacing Saddle River Township. , Apogee Networks, Inc. is the recognized leader in developing and deploying advanced IP Content Rating/Settlement and IP Billing solutions for IP Content Distributors, ASPs, ISPs, Carriers, Wireless Internet Providers and Enterprise customers. Apogee Networks' NetCountant product line provides full end-to-end content, revenue settlement and IP billing capabilities. Uniquely, NetCountant Billing provides real-time billing, flexible service creation and high scalability to meet the challenges of rapid customer growth. Apogee Networks' NetCountant Content Collection and NetCountant Settlement platforms provide advanced IP Content aggregation, processing, and revenue settlement capabilities for Content Distributors. NetCountant Accountability provides Global 2000 Enterprise and IP Network customers with the capability to better manage and allocate IP usage thereby realizing significant bandwidth cost savings. NetCountant Performance provides Global IP Networks with advanced measurement and diagnostic capabilities that increase overall network performance. The company's product recently was awarded Networld+Interop's Best-of-Show Award. Apogee Networks is a Charter member of the Internet Protocol See Internet and TCP/IP. (networking) Internet Protocol - (IP) The network layer for the TCP/IP protocol suite widely used on Ethernet networks, defined in STD 5, RFC 791. IP is a connectionless, best-effort packet switching protocol. Detail Record (IPDR IPDR Internet Protocol Detail Record Organization IPDR Internet Protocol Detail Record IPDR International Project Development Roadmap (Canada) IPDR Internal Preliminary Design Review IPDR Individual Program Data Records ) Association. Apogee Networks investors include Fidelity Ventures Fidelity Ventures is the venture capital arm of Fidelity Investments. Based in Boston and London, Fidelity Ventures invests in emerging technology companies in North America and Europe. Limited, Granite Ventures (formerly H&Q Venture Associates), Oak Investment Partners, INTEL, BBVA BBVA Banco Bilbao Vizcaya Argentaria (First Bank of Spain) , NetOne Systems Co., Ltd., CTC CTC - Cornell Theory Center , and several private investors. For additional information about Apogee Networks, please call 1-888-APOGEE3 (276-4333) or 1-201-368-8800 or email info@apogeenetworks.com or visit us at http://www.apogeenetworks.com. |
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