STOCKHOLM, January 31, 2012 /PRNewswire/ --
DigitalRoute, a leading provider of mediation solutions for the communications industry, today announced that it increased its year-over-year revenue for 2011 by 59%.
DigitalRoute added more than 40 service providers to its list of more than 240 MediationZone customers during 2011. These include Tier-1 service providers in the USA and Europe that went into live operation with MediationZone within 6 months after project start. As a result of the recent success DigitalRoute has accelerated its revenue growth in 2011, achieving 59% year-over-year growth while also increasing profitability.
DigitalRoute has seen its revenue grow at a compound annual growth rate (CAGR) of over 50% since 2002. DigitalRoute's unique go-to-market strategy has resulted in a large number of successful partnerships with leading vendors, network equipment providers, system integrators and a loyal customer base among the world's leading communication service providers.
In response to the growing demand for DigitalRoute solutions, the company has continued to strengthen its regional presence in the Americas, Asia and Middle-East through new and expanded regional offices in Atlanta, Singapore and Dubai.
"The telecommunications industry is going through far-reaching changes that have a massive impact on service providers' data centers. We provide solutions that help our customers to simplify the data infrastructure and adapt to new business requirements," said Jan Karlsson, CEO at DigitalRoute.
Karlsson continued: "DigitalRoute's value proposition is not just for telecommunications. In many industries, including finance, utilities and transport and logistics, there is a need for the type of Horizontal Mediation layer that only DigitalRoute can provide."
DigitalRoute® is an independent software vendor delivering market leading mediation and integration solutions to the global telecommunications and data communications industry. DigitalRoute simplifies service providers' data infrastructure, centralizing integration of IT and communication networks. DigitalRoute technology for mediation, data integration and policy control is deployed for 240 customers worldwide. For more information, visit http://www.digitalroute.com
DigitalRoute and MediationZone are registered trademarks of DigitalRoute. All other trademarks are the property of their respective owners.
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