In an era of intensifying competition, demanding customers, shrinking margins and near-flat top lines, it’s becoming very exigent for telecom companies to manage Business Support Systems (BSS) effectively. According to a survey, telecom operators indicated that they could be wasting up to $65 billion/year in network CAPEX with KPMG reporting up to 10 percent of loss in 20 percent of telecom operators through revenue leakages. With the intent to counter these challenges and to help telecom companies meet ever changing business demands, Subex Limited (BSE: 532348, NSE: SUBEX) was founded in Bengaluru. The company empowers communication service providers (CSPs) globally to achieve competitive advantage with comprehensive Business & Operation Support Systems (B/OSS).
Subex’s products and services address end-to-end deficits of telecom sector including Revenue Assurance, Asset Assurance, Cost Management, Partner Settlement, Route Optimisation, Data Discovery and Reconciliation solutions. Today, Subex is embracing a digital strategy across its entire core portfolio, as gaps in adapting to digital transformation are now becoming increasingly prevalent and problematic in the new Digital Services Lifestyles being promoted by operators worldwide.
“The industry as we know it is undergoing a dynamic change, with digital transformation being on the forefront. With telecom operators looking to embrace the digital transformation, we help them provide the right solutions to their business problems. We are driving digital transformation for our customers by enabling their monetization initiatives vide managing their new partner ecosystem, addressing a broad range of digital risks and further identifying opportunities, threats and weak signals through advanced analytics”, asserts Vinod Kumar, COO, Subex.
For the changing landscape, Subex has expanded on its product portfolio with ROC Insights & Subex Secure. ROC Insights, a next generation Analytics-as-a-Service solution provides CSPs with a unique approach to solving the problem with data growth. On the other hand, Subex Secure is an IoT security solution which focuses on ensuring cyber resilience i.e. the ability to identify, protect, monitor, respond and recover from IoT attacks.