Frost & Sullivan Names Telcordia 2006 European Company of the Year; Analyst Award Acknowledges Telcordia as European Market Leader For Innovation, Delivery.PISCATAWAY, N.J. -- Telcordia has been named Frost & Sullivan's 2006 European Company of the Year, having demonstrated an outstanding ability to innovate, deliver, and influence the growth of the European market and for being the most aggressive vendor for IP Multi-media Subsystem (IMS (1) See IP Multimedia Subsystem. (2) (Information Management System) An early IBM hierarchical DBMS for IBM mainframes. IMS was widely implemented throughout the 1970s under MVS and continues to be used under z/OS. ) and Fixed Mobile Convergence Seamless switching between cellular and local networks for mobile users. The goal is to have a handset that switches automatically from the cellular network to the local, wireless Wi-Fi network when entering a building in order to save cellphone minutes. (FMC See fixed mobile convergence. ) solutions in the European telecommunication market. As winner of the award, Frost & Sullivan places Telcordia as ideally positioned to consolidate on its early lead in IMS solutions in Europe, gained by the innovative Telcordia(R) Maestro(TM) IMS Portfolio of Service Delivery Solutions that include IMS-ready products, applications, and services that empower operators to cost effectively create, activate, and assure the quality of next-generation converged and multimedia services. Operators looking to create, deploy and charge for real-time, interactive multimedia services trust the Telcordia portfolio to reduce the complexity, cost and time-to-revenue for them. "Not only does Frost & Sullivan consider Telcordia the most aggressive vendor for IMS and FMC solutions in the market but more importantly, we assess that Telcordia has the comprehensive business development, competitive strategy, management and overall positive effect on telecom markets across Europe to continue leading," David Frigstad, Chairman of Frost & Sullivan. "Telcordia is now ready to expand its European success globally and gain long-term relationships with its IMS and FMC customers." Telcordia's Service Delivery solutions are a powerful portfolio of IMS-ready wireless, wireline and converged products, services and applications that enable carriers to offer any service, over any network, via any device. With the portfolio, wireless, wireline, cable, and converged operators can realize the broad advantages of complete convergence and benefit from added revenue potential, greater network and operational efficiencies, reduced churn, and increased customer satisfaction and retention. "To be acknowledged as the number one in Europe for IMS and FMC solutions underlines Telcordia's ability to anticipate the concerns of operators, innovate solutions that take them into new multimedia service markets, and then execute on those solutions rapidly and crisply," said Dan Carroll, 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. , Telcordia. "Telcordia has made significant gains in the European market and Frost & Sullivan's acknowledgement confirms that Telcordia is best positioned to guide operators' strategy forward and drive their growth and profitability." More information about the Telcordia Maestro IMS Portfolio can be found at http://www.telcordia.com/maestro/index.html. General information about Telcordia can be found at www.telcordia.com. About Telcordia 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. is a leading global provider of telecommunications network A telecommunications network is a of telecommunications links and nodes arranged so that messages may be passed from one part of the network to another over multiple links and through various nodes. software and services for IP, wireline, wireless, and cable. As the industry continuously evolves, Telcordia is focused on being the undisputed transformation partner for its customers. By delivering flexible, standards-based software solutions and consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" that optimize complex network and business support systems, Telcordia helps customers transform their business while aggressively reducing costs and growing revenues. Telcordia is headquartered in Piscataway, N.J, with offices throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Canada, Europe, Asia, Central and Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. . (www.telcordia.com) About Frost & Sullivan Frost & Sullivan, a global growth consulting company Noun 1. consulting company - a firm of experts providing professional advice to an organization for a fee consulting firm business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a , has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics econometrics, technique of economic analysis that expresses economic theory in terms of mathematical relationships and then tests it empirically through statistical research. , and demographics. For more information, visit www.frost.com. |
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