SunTec Executive Offers Proven Price Strategies To Gain Competitive Edge With Next Generation Services.CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey. to speak at TeleManagement World 2007 on May 23 in Nice, France PRINCETON, N.J. -- SunTec, a leading provider of dynamic relationship-based pricing and customer centric billing solutions, announced that its CTO, Percy Barraclough, will speak at TeleManagement World on May 23, 2007 in Nice (http://www.tmforum.org/browse.aspx?catID=4217&track=106). Presenting at "Billing & Revenue Management Pricing and Billing Challenges for Next Generation Services", Barraclough will deliver customer evidence that redefines multi-level convergence in billing as implemented for a leading cable operator. Bundled service offerings and consolidation in the communications industry communications industry, broadly defined, the business of conveying information. Although communication by means of symbols and gestures dates to the beginning of human history, the term generally refers to mass communications. have made it imperative for cable operators to streamline their billing operations by unifying disparate billing systems into one integrated billing platform. SunTec's TBMS-T empowers companies with the ability to create compelling service bundles (like triple play) to stay competitive and implement innovative pricing strategies There are many ways in which the price of a product can be determined. The following are the foremost strategies that businesses are likely to use. Competition-based pricing Setting the price based upon prices of the similar competitor products. to win new customers. SunTec works hand in hand with customers to create a convergent, integrated billing infrastructure with effective changed management, through a phased-in, methodical replacement of their legacy system. "New IP-based services has opened a whole new revenue opportunity for the cable operators - the telco market," said SunTec's CTO Percy Barraclough. "Nevertheless, to remain competitive, MSOs will need to adopt flexible, usage-based and content driven relationship-based pricing models," he added. With more than 35 years of experience in systems operations, programming and design and consultancy, Barraclough has profound telecom knowledge and is familiar with all services, including fixed wire, cable, GSM and Satellite. About SunTec SunTec is a fast-growing SEI CMM SEI CMM Software Engineering Institute Capability Maturity Model Level 5 relationship pricing and billing solutions company that offers transaction value management solutions for the banking and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. and telecom industries. SunTec's flagship TBMS-F TBMS-F Transaction Business Management Systems-Finance product suite has proven ability to handle complex value dynamics and effectively manage the four critical entities of a business -- customer, product, partner and information. Rule-driven TBMS-F consists of sophisticated processing engines that can affect enterprise-wide Relationship-based Pricing, billing, discounting and also compute profitability at a micro transaction level. SunTec's client list includes leading financial institutions like ING Bank, HSBC HSBC Hongkong and Shanghai Banking Corporation HSBC Humane Society of Broward County (Florida) HSBC Humane Society of Bay County (Bay County, Michigan) Group, Lloyds TSB Lloyds TSB Group plc (LSE: LLOY) is a banking and insurance group in the United Kingdom. It was formed in 1995 by the merger of Lloyds Bank and the Trustee Savings Bank (TSB). The Group's head office is at 25 Gresham Street, London. and ICICI Bank. For more details, please visit www.suntecgroup.com |
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