Together, the two companies are at the forefront of transforming the 5G business of communications service providers
FOSTER CITY, Calif., April 6, 2022–(BUSINESS WIRE)–MATRIXX softwarea global leader in 5G monetization solutions, today announced its partnership with CompaxDigital, a cloud-native business support solution (BSS) provider. The two companies are working with multiple European Tier 1 operators to deliver a scalable and repeatable blueprint for 5G business transformation, delivering an enhanced customer experience that drives revenue growth with innovative offerings for consumers and businesses. To learn more about the partnership, read this report by TM Forum to find out why Telefonica Germany selected MATRIXX and CompaxDigital for its new B2C and B2B stacks.
To reap the returns on 5G investments, communications service providers (CSPs) are transforming their approach to IT infrastructure. Increasingly, CSPs are demanding modular and open BSS architectures, favoring the best products on the market and ending vendor lock-in. Additionally, CSPs are opting for cloud-native, product-centric, and uniquely configured solutions instead of custom frameworks to make automation, customer responsiveness, and experimentation low-cost elements. essential to their business. By joining CompaxDigital’s customer and revenue management solution with the MATRIXX digital commerce platform, the two industry leaders are able to deliver unified customer and revenue management and real-time converged billing across all business lines and network technologies, including 4G, 5G and fixed networks. .
“Real-time monetization models and digital experiences are critical as organizations around the world prepare to deliver on the promise of new 5G services,” said Marc Price, CTO of MATRIXX Software. “Together, MATRIXX and CompaxDigital deliver open, modern solutions that meet our customers’ unique requirements for success in the 5G and cloud era, paving the way for a seamless customer experience in consumer and enterprise markets. “
As 5G adoption enables new value-driven use cases across all market segments, enterprises in particular are expected to increasingly drive innovation with 5G-enabled technologies, including augmented reality. and virtual, IoT, cloud and edge services. These new services will not only transform business operations, they should unlock new B2B2X offerings that only 5G makes possible. CSPs will be a key enabler of this new market segment. Together, CompaxDigital and MATRIXX offer complementary cloud-native features that support the evolution of CSPs, whether to new and complex ecosystem offerings or simplified and automated customer experiences.
“The collaborative solution we’ve created with MATRIXX reflects the way industry leaders want their architecture to work,” said Robin Laliberté, SVP Global Sales at CompaxDigital. “Building a modern system requires open engagement and revenue solutions so customers can accelerate their time to market with an iterative and agile delivery approach that meets their requirements across multiple industries. MATRIXX and CompaxDigital easily integrate to support digital first experiences.”
CompaxDigital recognizes the market need to quickly pivot its customer and revenue management. Its cloud-native Digital BSS platform is a game-changer for customers who need to support multiple industries (B2C, B2B, B2B2X). Known for our hands-on engineering and fast, agile deployment of BSS, 70-80% of CompaxDigital’s customer base is in the telecommunications industry, along with customers in digital media, government, insurance and transports. Founded in 1994, CompaxDigital operates worldwide with over 500 employees in Europe, Taiwan, South Korea, Singapore and the United States of America.
About MATRIXX Software
MATRIXX Software is a global leader in 5G monetization for the communications industry. Serving many of the world’s largest emerging carrier groups, regional carriers and digital service providers, MATRIXX offers a cloud-native digital commerce solution that enables unparalleled business and operational agility. Unifying computing and networks, MATRIXX provides network-grade Converged Charging System (CCS) enabling efficient infrastructure hyper-scalability to support consumer services, wholesale and enterprise markets . Through its relentless commitment to product excellence and customer success, MATRIXX enables enterprises to leverage network assets and business agility to succeed at web scale.
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