ConceptWave Partners with Telcordia for Integrated Service Fulfillment Solution; OEM Agreement Will Increase Operational Efficiency and Speed Service Introduction for Customers.Business Editors/High-Tech Writers TORONTO--(BUSINESS WIRE)--Sept. 23, 2003 ConceptWave Software Inc., a leading provider of order care solutions, today announced an agreement with Telcordia Technologies Telcordia Technologies, formerly Bell Communications Research, Inc. or Bellcore, is a telecommunications research and development (R&D) company based in the United States and created on January 1 1984 as part of the 1982 Modification of Final Judgment that broke up , Inc., the world's largest provider of operation support systems. Together, the companies will help accelerate service introduction and enhance operational efficiency by introducing ConceptWave Order Care(R) into the Telcordia order automation solutions for order negotiation and management and exception management. This will answer market demand for fully integrated configurable products versus costly, custom software solutions. The flexible, easy-to-configure solution will deliver value to service providers through the use of pre-built ordering templates. This will enable providers to rapidly seize new revenue opportunities and respond to changing business conditions. The integration of ConceptWave Order Care(R) into the Telcordia provisioning solutions brings "network awareness" to the service negotiation and fulfillment process, which results in direct improvements in order-to-cash cycle time. "In our effort to continually improve the Telcordia service fulfillment product line, the integration of ConceptWave Order Care(R) fulfills the need for integrated service and order management, significantly improving our customers operational efficiency and reducing the total cost of ownership," said Gerry Dehkes, Group Senior Vice President, Channels, Partners and Alliances Management, Telcordia. "Combining ConceptWave's configurable, standards-based order management solution with Telcordia's widely deployed service activation and network management solutions will offer service providers deep network integration and an end-to-end view of service fulfillment," says Sharon Ballard, Analyst, The Yankee Group. "It will enable service providers to meet their current needs for a very flexible order management solution while leveraging their existing 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. investments." "Our agreement with Telcordia demonstrates the carrier-class nature of our product, and complements the Yankee Group's assessment of our technology as Best-of-Breed," said Zarar Rana, 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. and President of ConceptWave Software Inc. ConceptWave Order Care is highly flexible and can accommodate legacy, next-generation and hybrid infrastructures by employing the latest technologies and emerging standards. The product is J2EE (Java 2 Platform, Enterprise Edition) A platform from Sun for building distributed enterprise applications. J2EE services are performed in the middle tier between the user's machine and the enterprise's databases and legacy information systems. compliant, browser-enabled and based on XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. , BPML (Business Process Modeling Language) A modeling language for business processes from the Business Process Management Initiative (www.bpmi.org). Unlike eBXML, which is geared to public interfaces, BPML is designed to model private processes. and BPQL See BPML. standards. About ConceptWave Software Inc. Based in Toronto, Canada, ConceptWave Software Inc. was founded in 2000 with a mission to develop order management solutions for the rapid delivery of new services for the 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. market. The applications are based upon a metadata driven application development framework, and collectively provide solutions for the order management space -- ConceptWave is dedicated to improving the quality of an order's progress through any given system. ConceptWave was co-founded by Zarar Rana (President and CEO) and Dr. Ivan Chochlekov (CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey. ), co-founders of Objectel Software Inc. ConceptWave Software can be reached at 905-405-2188, or on the Web at www.conceptwave.com. |
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