TEL AVIV, Israel, November 28, 2016 /PRNewswire/ --
RADCOM Ltd. (NASDAQ: RDCM), today announced that it has joined
the Open Source MANO (OSM) community, which is focused on
delivering an open source Management and Orchestration (MANO) stack
aligned with ETSI Information Models to advance the adoption of
Network Functions Virtualization (NFV). OSM is a service provider
led community that includes; Telefónica, Bell Mobility, British
Telecom, PT Portugal SGPS SA, SK Telecom, Sprint and Telenor.
"RADCOM is excited to be part of a community that is
collaborating to enable the transformation to virtualized
networks," said Mr. Tomer Ilan,
RADCOM's Senior Director of Product Management. "Providing an open
source MANO will accelerate this transformation as it creates an
open, standards-based orchestration environment that covers both
Resource and Service Orchestration to allow automated deployment
and interconnection of all components, both for NFV network
scenarios and the management of Network Service lifecycles;
delivering network automation, service agility and significant OPEX
and CAPEX savings."
As a leading NFV service assurance vendor, RADCOM is engaged
with the community to improve service assurance orchestration by
embedding this functionality into OSM. This tight assimilation
between MANO and service assurance opens a whole new level of
automation and agility:
- On-demand probing so that a virtual probe will be automatically
deployed and configured when a new service is launched or a new
network element added
- Horizontal and vertical scaling so that when network traffic
fluctuates, additional resources or virtual probes can be added or
deducted as and when needed; all without human intervention.
Tight integration of the service assurance stack under OSM, will
also allow a Service Provider to monitor customer experience and
service performance whatever the traffic load, while also
maintaining efficient use of resources and delivering a more agile
network.
By developing a common information model to describe the network
services that can be deployed, the OSM community will create a
standard for the automated deployment and the management of network
service lifecycles so Service Providers can focus on delivering
agile and cost efficient services across their NFV network. More
information can be found on the ETSI portal page:
http://osm.etsi.org
About RADCOM
RADCOM (NASDAQ: RDCM) is a first-mover and leading provider of
NFV-ready service assurance and customer experience management
solutions for Communications Service Providers (CSPs). RADCOM's
software - MaveriQ - continuously monitors network performance and
quality of services, to optimize user experience for CSPs'
subscribers. RADCOM specializes in solutions for next-generation
mobile and fixed networks, including LTE, VoLTE, IMS and others.
MaveriQ enables CSPs to smoothly migrate their networks to NFV by
assuring physical, NFV-based and hybrid networks. For more
information, please visit http://www.radcom.com.
Risks Regarding Forward-Looking Statements
Certain statements made herein that use words such as
"estimate," "project," "intend," "expect," "'believe", "may",
"might", "predict", "potential", "anticipate", "plan" or similar
expressions are intended to identify forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995 and other securities laws. For example, when the Company
discusses its 2016 revenue guidance range, expected opportunities,
pipeline and growth and deployment, extension of relationships with
AT&T and becoming the go-to solution for NFV operators it is
using forward-looking statements. These forward-looking statements
involve known and unknown risks and uncertainties that could cause
the actual results, performance or achievements of the Company to
be materially different from those that may be expressed or implied
by such statements, including, among others, changes in general
economic and business conditions and specifically, decline in the
demand for the Company's products, inability to timely develop and
introduce new technologies, products and applications, and loss of
market share and pressure on prices resulting from competition. For
additional information regarding these and other risks and
uncertainties associated with the Company's business, reference is
made to the Company's reports filed from time to time with the
United States Securities and Exchange Commission. The Company does
not undertake to revise or update any forward-looking statements
for any reason.
For all investor enquiries, please contact:
Ran Vered
CFO
+972-77-774-5011
ranv@radcom.com
For all media enquiries, please contact:
Mark Rolston
Marketing Manager
+972-77-774-5036
markr@radcom.com
SOURCE RADCOM Ltd.