Cap Gemini Ernst & Young Portugal Signs Alliance with Connexn Technologies for Cost and Revenue Assurance in Telco Market.Business Editors WESTMINSTER, Colo.--(BUSINESS WIRE)--Sept. 22, 2003 Connexn's Blend of Technology and Services, Tier-One Customer Base and Proven 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). Leads to Its Selection by Division of Global Consulting Services Firm Connexn Technologies, the industry leader in technology-based Cost and Revenue Assurance (CRA See Community Reinvestment Act. ) solutions, today announced it has been selected by the Telecom Media Networks industry practice of Cap Gemini Ernst & Young Portugal (CGE&Y), to provide comprehensive CRA solutions to telecommunications customers in Portugal. The alliance will strengthen the CGE&Y revenue assurance practice with the addition of Connexn's ability to automatically detect and correct discrepancies in operations and billing data and pinpoint root causes of revenue leakage. "During the last 3 years, CGE&Y has been working with our telecommunications customers in capping revenue leakage and correcting problems at their root source. We felt we needed to widen our approach and, through our due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. review process, we determined that Connexn Technologies' breadth and depth of technology, coupled with its wide domain expertise, provided the most synergistic and complementary solution for our communications service provider A Communications Service Provider or CSP is a company that transports information electronically. The term encompasses public and private companies in the wireline, wireless, Internet, cable, satellite, and managed services businesses. (CSP (1) (Certified Systems Professional) An earlier award for successful completion of an ICCP examination in systems development. See ICCP. (2) (Commerce Service P ) customers," said Carlos Rydin, business development director with Telecom Media Networks of CGE&Y. "We are extremely pleased to be working with a company with such an outstanding track record as Connexn." Connexn offers a unique blend of technology, methodology and domain expertise that tackles cost and revenue leakage at its source by restoring data integrity within the CSP enterprise. Connexn's holistic Detect, Correct, Ensure(TM) approach to CRA leverages automation to identify, prioritize and rectify errors in operational and usage data that result in revenue loss and unnecessary costs, and prevent the introduction of data errors on a go-forward basis. "This alliance with CGE&Y helps expand our market presence and increase our level of activity with leading, tier-one service providers around the globe," said Andrew Doyle Andrew Doyle (Irish: Aindreas Ó Dhubhaill) is an Irish Fine Gael politician. He is currently a Teachta Dála (TD) for the Wicklow constituency. He was elected in the 2007 general election. , managing director of EMEA (Europe, Middle East, Africa) Refers to that region of the world. For example, one might see products packaged differently for the UK, EMEA and Asia Pacific markets. at Connexn Technologies. "Alliances are very important to our growth plans as we continue to build on the momentum we are seeing in Europe, Asia and North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. ." About the Group Cap Gemini Ernst & Young The Cap Gemini Ernst & Young Group is one of the world's largest providers of Consulting, Technology and Outsourcing services. The company helps businesses implement growth strategies and leverage technology. The organization employs approximately 50,000 people worldwide and reported 2002 global revenues of 7.047 billion euros. More information about individual service lines, offices and research is available at www.cgey.com Telecom Media Networks (TMN (Telecommunications Management Network) A set of international standards for network management from the ITU. It is used by large carriers such as Sprint, Verizon and AT&T. ) is a global industry practice of Cap Gemini Ernst & Young focusing on the consulting, systems integration, and outsourcing needs of communications service providers and media players worldwide. TMN draws on the skills and resources of its 4,000-strong workforce and extensive partnership network to deliver innovative work to the industries' leading players, helping them to grow and operate profitably in low growth and highly competitive markets. About Connexn Technologies Based in Westminster, Colorado The City of Westminster is a Home Rule Municipality located in Adams County and Jefferson County of the State of Colorado, United States. Westminster is a northwest suburb of Denver. , and with offices in the U.K. and Singapore, Connexn Technologies provides communications service providers in the wireline, wireless, Internet, broadband, data and cable markets with the industry's most comprehensive set of cost and revenue assurance solutions. The company's blend of technology and services help increase revenues, decrease costs and improve customer satisfaction. With more than 70 global customers that include BT, KPN KPN Koninklijke PTT Nederland (Royal Dutch Telecom) KPN Konfederacja Polski Niepodleglej (Polish conservative party) , Orange, AT&T, Qwest, Comcast, and Citizens, Connexn Technologies is privately held and backed by leading venture firms. For more information, please visit www.cnnxn.com. |
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