WeDo Soft Finalist for the “WORLD BILLING AWARDS” with RAID Implementation Project.
Category of “Best Revenue Assurance Project”
Lisbon, April 4, 2005 – WeDo Soft's RAID solution, implemented in Telefónica Brazil , has been named a finalist for The World Billing Awards (IRR), the most prestigious telecommunications award, in the category “Best Revenue Assurance Project”.
WeDo Soft was selected amongst world leading suppliers of Information Technology Systems; once again proving its edge in areas of international innovation.
The project nominated was developed in 2004 and involved the implementation of WeDo Soft's Revenue Assurance solution in Telefónica Brazil – Telefonia Fixa (fixed telephony).
Telefónica Brazil needed to improve and automate its internal control mechanisms to prevent revenue losses along the entire operation chain, from the network to the billing platforms.
According to estimations, telecom operators lose between 3-5 per cent of their revenues on average, due to inefficiency and failures in the integration and configuration of their revenue chain systems infrastructure.
To solve this, Telefónica Brazil chose WeDo Soft's RAID. Currently RAID controls Telefónica Brazil fixed telephony of 14 million clients, daily processing about 600 million call records and performing complex validations of the main processes and systems. The Revenue Assurance team of Telefónica Brazil now has access to performance indicators and alarms that enable quick detection of revenue loss situations, which allow them to take corrective and preventive action.
According to Rui Paiva, Head of WeDo Soft: “This award recognizes the innovative work developed by WeDo Soft in the past years, and the quality and experience of our consultants. Currently, although we are working on an extremely competitive market, we are recognized as leaders in Revenue Assurance and our solutions have been selected by several fixed and mobile operators in Europe and Latin America .”
About RAID
The RAID solution defines and implements what Revenue Assurance processes are most adequate to each technological infrastructure and business requirement. This allows the Revenue Assurance teams to save effort on usually time-consuming tasks and to dedicate all resources to the performing root cause analysis.
RAID is an important tool for any telecom operator worldwide that wishes to prevent revenue loss due to data inconsistencies between their different systems – network components, operational systems and business support systems.
RAID is a modular solution:
The Platform Integrity Assurance Module performs automatic verification of subscriber data consistency between different OSS and BSS platforms. This RAID module validates discrepancies through a process of comparison across systems, such as Switches, Billing and CRM systems, and generates divergence reports and alarms.
The Revenue Flow Control Module audits the revenue chain, from event generation to the integration of these records in invoices sent to subscribers. This module monitors the exchange of information between the different systems of the revenue chain, identifying possible failures or deviations, which could lead to revenue loss, as is often the case.
The Events Control module is used to monitor the event processing chain, by tracking a sample of events, individually, from CDR generation in the switching centrals and/or service platforms to their inclusion in the invoices sent to subscribers. It also measures the performance of the flow of these events contributing for determining levels of service. This module is highly complementary to standard Test Call Generators.
About Telefónica Brazil
Telefónica Brazil is a Tier 1 Fixed Operator in Brazil , part of one of the world's leading telecommunications companies in the Spanish and Portuguese speaking markets. Telefónica Group has a significant presence in 15 countries, and operations in almost 40. It boasts a strong presence in Latin America , with operations in eight countries following a clear growth strategy.
Today Telefónica Brazil provides Wireline, ADSL and Mobile services being the major communications services integrated provider in Brazil . Telefónica Brazil carries large wireline operations including 14 million lines installed.
About WeDo Soft
WeDo Soft, a division of WeDo Consulting, is a leading provider of software solutions for the communications & media markets. With an international presence, WeDo Soft is an ISO9001: 2000 certified organization, and a member of the GSM Association, as a provider of applications and systems.
Customers include Orange, Vodafone, Telefónica, Amena, Optimus, Novis, Oi, Telemar, Telecom Americas and Cabovisão. WeDo Soft can be found on the World Wide Web at www.wedosoft.com
About IIR
IIR, the organizer of World Billing Awards, is world leader in hosting conferences, training and seminars with a presence in 47 countries. Every year, IIR works with over 650.000 executives, providing them with knowledge through training, seminars, e-learning and conferences.
IIR organizes annually the prestigious World Billing Awards, which recognize organizations' exceptional contribution to the telecom sector during the preceding year. |