-- Telarix leverages its complementary interconnect & settlement solution suites to gain market leadership and help carriers operate more efficiently
MOUNTAIN VIEW, California, June 17, 2014 /PRNewswire/ -- Based on its ongoing research within the global communications service provider (CSP) billing marketplace, Stratecast | Frost & Sullivan recognizes Telarix with the 2013 Stratecast Global Market Share Leadership Award in CSP Billing for the Interconnect & Settlement Market. Telarix focuses on what it calls Interconnect Business Optimization with the aim of making carrier-to-carrier relations run more efficiently. This award is presented to Telarix for demonstrating excellence by capturing the highest market share within the global CSP billing interconnect & settlement segment.
Interconnect involves carrier-to-carrier wholesale agreements for handling voice and data traffic of one operator when the terminating point falls outside another's network serving area. These agreements involve local, regional, and international CSPs and the terms change regularly, necessitating an ongoing information exchange between all carriers. Settlement simply means everyone gets paid according to agreement definition, which requires that every second of voice traffic and every byte of data traffic is accounted for. Interconnect & settlement is the smallest of the major CSP billing segments Stratecast has analyzed through its biennial billing report series, but it is critical to the financial health of the CSPs and to the suppliers that support this segment.
Telarix has captured its leadership position within this segment through its two complementary solutions: iXTools and iXLink. The iXTools suite provides management, optimization, and settlement functionality to address key trading, routing, billing, audit, and settlement needs of a CSP's interconnect business. iXLink, is an open, secure, global business information exchange designed for CSPs. This exchange service links partner CSPs, regardless of the interconnect management system they utilize, so that other operators can exchange business documents electronically with validation and time stamps. iXLink is designed to reduce risks and costs associated with the manual exchange of business information relating to interconnect & settlement by automating and assuring the process.
"The iXTools suite provides comprehensive coverage of the interconnect & settlement space," said Troy Morley, OSS BSS strategy analyst with Stratecast | Frost & Sullivan. "iXLink provides a solution to a problem that carriers have struggled with for years: how to exchange the necessary business information with many different partners, in an ongoing manner, automatically, with validation and assurance of each transaction."
Telarix was founded in 1996 by a group of industry veterans who knew the wholesale interconnect business. As the industry has evolved, the company kept up with the changes. Stratecast believes that by addressing the rising interconnect needs of the CSP global marketplace, especially as advanced partner-dependent services become the new norm, Telarix is well-positioned to continue its global expansion.
Based on the company's past accomplishments and what we believe will be future successes, Stratecast | Frost & Sullivan presents the 2013 Stratecast Global Market Share Leadership Award in CSP Billing for the Interconnect & Settlement Market to Telarix. The award recognizes that gaining market share leadership in any business function area is due to a dedication to innovation, ongoing support for customer needs, and demonstrating the agility needed to adjust to market change as business evolves.
Stratecast | Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive research to identify best practices in the industry.
Telarix helps solve a new set of challenges for international service providers with its software, iXTools and iXLink®. iXLink® enables carriers, resellers and emerging market providers to automate their wholesale interconnect purchase processes. With over 3,300 members exchanging over 40,000 documents monthly in a secure and collaborative business environment, iXLink® has proven to be the solution to have. Its product set includes Price List Receipt, Price List Distribution, Bill Receipt and Bill Distribution. Newly enhanced premium features include dial code analysis and discrepancy management, line-by-line invoice reconciliation and audit, and listed least cost routing report, all designed to focus on improving the bottom line. iXTools currently processes over 150 billion voice, SMS, content and data minutes each year, offering carriers an unprecedented level of visibility and control of interconnect traffic, helping them to identify optimal routing strategies, among other things. As a result, users are able to streamline operations to achieve lower operating costs and higher productivity. iXTools is able to provide insight and assistance with Routing, Billing and Audit, Settlement, Trading and Managed Services. Offered in both licensed and SaaS models, Telarix's software can be integrated to carriers of all sizes. For more information, please visit www.telarix.com and www.iXLink.com.
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