Netcracker Wins Two 2018 Frost & Sullivan CSP Monetization Awards
Netcracker’s Solutions and Services Lead the Market for CSP Monetization and Partner Management
WALTHAM, MA — December 12, 2018 — Netcracker Technology announced that Stratecast | Frost & Sullivan has awarded Netcracker with the 2018 Global Market Leadership Award in CSP Monetization for the Partner Management Market. Stratecast | Frost & Sullivan also recognized Netcracker with the 2018 Global Growth Excellence Leadership Award in CSP Monetization for the second year in a row. The analyst firm noted that Netcracker has been among the leading suppliers of end-to-end monetization solutions for communications service providers (CSPs) and partner management solutions.
“From 2010 to 2017, Netcracker maintained strong double-digit revenue growth and achieved the highest compound annual growth rate, by far, of the revenue leaders in the global CSP monetization market,” said Troy Morley, Strategy Analyst for Operations, Orchestration, Data Analytics and Monetization (ODAM) at Stratecast | Frost & Sullivan. “Likewise, Netcracker is the sole leader in market share for the partner management segment.”
Netcracker’s comprehensive suite of solutions and services enables CSPs to offer, deliver, manage and monetize convergent and digital service offerings. Netcracker 12, the latest solution suite, addresses all six segments of the end-to-end CSP monetization space, including billing mediation, rating & charging, other core billing functions, policy management (rules function), interconnect & settlement and partner management.
“We are excited to take home this award that recognizes our efforts in delivering partner management and monetization solutions to service providers around the world,” said Ari Banerjee, Vice President of Strategy at Netcracker. “As partner ecosystems grow more intense due to the increasingly complex nature of digital service environments, operators need to be sure they have proven tools that will help them succeed.”
Each year, Frost & Sullivan bestows this award upon the company that demonstrates excellence in growth and customer value. It recognizes the superiority of the product/service as well as the overall customer, purchase, ownership and service experience offered, which has resulted in the recipient company seeing above-market growth. The award lauds the growth, diversification and sustainability strategies of the company.
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 secondary research to identify best practices in the industry.
About Netcracker Technology
Netcracker Technology, a wholly owned subsidiary of NEC Corporation, is a forward-looking software company, offering mission-critical solutions to service providers around the globe. Our comprehensive portfolio of software solutions and professional services enables large-scale digital transformations, unlocking the opportunities of the cloud, virtualization and the changing mobile ecosystem. With an unbroken service delivery track record of more than 20 years, our unique combination of technology, people and expertise helps companies transform their networks and enable better experiences for their customers.
For more information, visit www.netcracker.com.
Stratecast collaborates with our clients to reach smart business decisions in the rapidly evolving and hyper-competitive Information and Communications Technology markets. Leveraging a mix of action-oriented subscription research and customized consulting engagements, Stratecast delivers knowledge and perspective that is only attainable through years of real-world experience in an industry where customers are collaborators; today’s partners are tomorrow’s competitors; and agility and innovation are essential elements for success. Contact your Stratecast Account Executive to engage our experience to assist you in attaining your growth objectives.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community.