Comverse Expands Its Monetization Realization Platform With Launch of Kenan AX Agile SaaS Monetization Solution
February 17 2015 - 7:00AM
Key Takeaways:
- Comverse Kenan AX is an agile web-based Order-2-Cash management
solution with seamless revenue, order and customer management
- The Comverse Monetization Realization Platform continues the
reinvention of revenue management with a new financial backbone
catalyst to sell and grow in the connected world
- Comverse Kenan AX's flexibility and out-of-the-box agility
enables customers to quickly respond to changing market dynamics,
efficiently manage complex billing, while reducing CAPEX and OPEX
costs, providing a comprehensive competitive advantage
- Comverse will demo the new Kenan AX solution at Mobile World
Congress 2015 (Booth 3L20)
Comverse (Nasdaq:CNSI), a global leader in cloud-based and
in-network services enablement and monetization management software
solutions for communication service providers (CSPs) and growing
enterprises, today unveiled the newest solution in its Kenan
Monetization Platform: Comverse Kenan AX. Comverse Kenan AX is an
agile, cloud-based solution that provides digital enterprises and
global service providers with flexibility, efficiency,
out-of-the-box agility and the ability to quickly respond to
changing market dynamics.
Featuring an agile web framework, with combined recurring and
usage, any service any time modeling, and best-of-breed revenue
management via an advanced enterprise-grade web architecture and
design, Kenan AX helps customers manage software in-house and
deploy new billing capabilities and service offerings in just
weeks. Kenan AX can also handle any pricing model/service type and
ensures accuracy with rating and billing precision. And with no
up-front hardware investment required, service providers and
enterprises enjoy the benefit of predictable monthly recurring
costs.
Key Features of Comverse Kenan AX include:
- Subscription + Usage SaaS Billing: Complete customer
lifecycle management offering the sophistication needed as
companies launch new lines of businesses
- Agnostic Service Type Framework: Any product/service/payment
type, any time/place supporting the IoT revolution
- Best of Breed Cloud BSS: Pre-integrated with Salesforce.com and
additional industry-leading ISVs offering choices for utilizing
third-party solutions
- Web-Based Order2Cash Revenue Management: Built on the robust
capabilities of Kenan BP, AX offers the agility needed expand and
grow businesses
- Proven scalability, reliability, and with support of complex
revenue scenarios, the Kenan billing & rating power horse
achieves global complexity for the agile IoT world.
"Comverse recently unveiled the Kenan Monetization Realization
Platform to help service providers and enterprises not only embrace
and grow in the connected world, but gain a competitive edge," said
Robert Barrows, VP of Products & Strategy, Enterprise &
Cloud Billing at Comverse. "Comverse's Kenan AX is the latest
solution in that innovative platform that supports enterprises from
15,000 to 150 million customers. Kenan AX is fundamentally
fast and easy to deploy, without costly systems integrators, and
enables customers to quickly monetize new services, maximize growth
and future-proof their businesses. And with its pre-integration
with Salesforce, open architecture, and an extensive ecosystem of
IoT partners, the Kenan platform features state-of-the-art Web
services and financial management technology to create a truly
unique revenue management framework unlike anything on the market
today. We're already seeing strong demand for our agile AX
offering from a number of existing Comverse global enterprise
customers, as well as new digital prospects, and are extremely
pleased with the feedback and interest so far."
With its engagement with Amazon Web Services, Comverse will
deliver the Kenan AX service worldwide. Comverse (booth 3L20) will
also be demoing the Kenan AX solution at Mobile World Congress,
March 2-5 in Barcelona.
Learn more about Comverse Kenan AX at:
http://www.comverse.com/comverse-solutions/revenue-customer-management/comverse-kenan-ax-/.
About Comverse
Comverse provides true carrier-grade cloud-based and in-network
monetization and revenue management software solutions that help
global carriers and growing enterprises profitably enable the way
people obtain and share digital experiences, today and
tomorrow. We support digital lifestyles through a suite of
proven and flexible solutions that includes managed BSS and Policy
(PCRF), Enterprise and Cloud Billing, and Digital Services, all
guided by an experienced Managed Services offering, that ensure our
customers gain competitive advantage. Comverse's customer base
spans more than 125 countries with solutions successfully delivered
to over 450 communication service providers and enterprises serving
more than two billion subscribers. For more information, visit
www.comverse.com.
Statements included or incorporated by reference in this press
release may contain "forward-looking statements."There can be no
assurance that any forward-looking statements will be achieved, and
actual results could differ materially from forecasts and
estimates. Important factors that could affect the company include
the risks described in the section entitled "Forward-Looking
Statements" Item 1A, "Risk Factors" and elsewhere in the company's
Annual Report on Form 10-K filed with the SEC on April 16, 2014 or
in subsequently filed periodic, current or other reports. The
company undertakes no commitment to update or revise
forward-looking statements except as required by law.
CONTACT: Michael Grossi
Comverse, Inc.
Michael.grossi@comverse.com
+1-781-224-8200
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