MACH announced the acquisition of German
telecommunications software provider Optel Informatik, a specialist in the
provision of fraud management and revenue assurance solutions for communication service providers worldwide.
The acquisition
enables MACH to become a ‘One-Stop-Shop’ for
revenue protection solutions and positions the company
as a global player in the fraud and revenue assurance market.
The deal
brings Optel‘s domestic and international
fraud management products, its revenue assurance and data retention solutions,
as well as its innovative in-memory computing technology for real-time, high
volume data analytics, into the MACH product portfolio. This complements MACH’s
existing SaaS based fraud and revenue assurance services
portfolio and will
allow MACH to offer a more comprehensive range of revenue protection solutions
for communication service providers worldwide.
This acquisition
aligns with our strategy to utilise the vast amount of data we process to
provide business analytics, advanced fraud detection and revenue assurance
services for our customers. We can now offer a full revenue
protection solution – including domestic and international fraud management,
revenue assurance and data retention – to cater to service
providers across all segments and in all regions,” said Morten Brogger, chief executive officer, MACH.
This acquisition will allow MACH to evolve its
existing roaming fraud and revenue assurance services towards a complete and
industry-leading revenue protection platform offering.
The acquisition also enables MACH to start offering in-memory computing
technology for real-time data analytics, as well as a cost effective and
flexible data retention and retrieval solution capable of handling large
amounts of data. This will help service providers better fulfil their data
storage and retrieval needs in order to meet regulatory requirements.
According to statistics from the Communication Fraud
Control Association, annual global losses in the telecoms sector from fraud alone
amount to around US$80bn. MACH’s ‘One-Stop-Shop’ approach means that
communication service providers across the world will now be able to utilise an
integrated solution offering to combat this particular problem, as well as
address broader revenue assurance, data retention and data analytics
requirements. This can be delivered either through a licensed software model
within the providers’ own environment or as a SaaS option, complemented
with full consultancy and training support as required.
By TelecomLead.com
Team
[email protected]
