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Frost & Sullivan Again Tabs DigitalRoute as Global Leader in Mediation

Oct 29, 2013

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STOCKHOLM, SWEDEN—October 29, 2013 - DigitalRoute, the leading provider of mediation solutions globally, has received the 2013 Stratecast Global Technology Innovation in Communications Service Provider Billing for the Mediation Market Award. This is DigitalRoute’s second Stratecast Mediation award in three years.

Read the award

The award is presented by the highly respected analyst firm Stratecast | Frost & Sullivan. Stratecast helps companies achieve their strategic objectives by providing critical and objective insights. The selection of DigitalRoute recognizes the company’s achievements in the areas of growth, market leadership, and product innovation.

Stratecast’s evaluation criteria for the award include uniqueness of the technology, impact on new products/applications, impact on functionality, impact on customer value, and relevance of the innovation to the industry. DigitalRoute emerged with the highest ranking among the evaluated vendors.

Founded in 2000, DigitalRoute has evolved from a pure-play billing mediation supplier to a real-time data collection, aggregation, and correlation provider for any group of business functions across vertical industry borders. In the past year, the company has won several new contracts with communications service providers in the North America, Asia, and EMEA regions, as the installed base for its flagship MediationZone platform has continued to expand.

Today, it has more than 270 customers around the world, and DigitalRoute forecasts strong momentum in the coming years, fuelled by its ability to quickly address critical new use cases such as routing control, service assurance, and usage management.

“DigitalRoute differs from its top competitors as the company remains almost entirely focused on mediation through its unique approach to the market,” said Karl Whitelock, director of OSS BSS strategy at Stratecast | Frost & Sullivan. “The company’s success is based on the rapid rise in its total CSP customer base. It is well-positioned to meet the changing needs of a communications marketplace that will in the future rely on automated data management functions to address a growing number of customer-centric business issues.”

Stratecast projects the 2013 CSP billing mediation market at approximately US $930 million, expanding at an 11.1 percent, five-year compound annual growth rate (CAGR) to US $1.37 billion by 2017. The strong growth rate tops all segments in the end-to-end billing marketplace. In this context, the 2013 Mediation Award is particularly important.

Whitelock also notes, “Stratecast believes that DigitalRoute will continue to grow as it fills additional CSP needs in the traditional billing mediation domain and as it works closely with its partners to address related data transaction processing challenges in other business domains.”

“We are delighted to receive this prestigious award both in recognition of the impact that we are making on the industry and also as validation of our historic strategy to focus on mediation,” said Jan Karlsson, CEO at DigitalRoute.

Karlsson continued, “DigitalRoute will continue to grow as we expand into new areas with maintained focus on mediation. Big data, policy and usage management, M2M connectivity services and service assurance are just a handful of examples where our technology will play an important role in the years to come.”

About DigitalRoute

DigitalRoute has been providing new approaches to enterprise data management since 1999. Its software platform offers high throughput and provides a unique degree of user configurability, processing all usage and statistical data extracted from the networks, including both billable and non-billable events. This means customers gain greater cost efficiencies, improved times-to-market for new service offerings, the ability to monetize any data, and the means to enhance end-customer satisfaction. DigitalRoute makes network events available to the right systems in the right formats in the most appropriate volumes at the required times, without losing a single bit. This is the foundation from which multiple, mission-critical use-cases can be addressed in the areas of Online Control and Data Processing.

Over 300 leading companies worldwide actively use DigitalRoute technology to meet their data management needs, including a number of OEM partners who use our platform as a central part of their own offerings. DigitalRoute is built on the core values of Expertise, Open- Mindedness and Commitment. DigitalRoute is a venture-backed, privately held company with a turnover of 30m EUR in 2013 and a record of profitability since 2005. With close to 200 employees, the company is headquartered in Stockholm, Sweden with regional offices in Gothenburg, Atlanta, and Kuala Lumpur. .

For more information, please contact:
Keith Brody, Director of Global Marketing
Digital Route AB
Email:
Skeppsbron 34 | SE-111 30 Stockholm | Phone: +44 (0)7455 434333

 

 

About DigitalRoute

DigitalRoute has been providing new approaches to enterprise data management since 1999. Its software platform offers high throughput and provides a unique degree of user configurability, processing all usage and statistical data extracted from the networks, including both billable and non-billable events. This means customers gain greater cost efficiencies, improved times-to-market for new service offerings, the ability to monetize any data, and the means to enhance end-customer satisfaction. DigitalRoute makes network events available to the right systems in the right formats in the most appropriate volumes at the required times, without losing a single bit. This is the foundation from which multiple, mission-critical use-cases can be addressed in the areas of Online Control and Data Processing.

Over 300 leading companies worldwide actively use DigitalRoute technology to meet their data management needs, including a number of OEM partners who use our platform as a central part of their own offerings. DigitalRoute is built on the core values of Expertise, Open- Mindedness and Commitment. DigitalRoute is a venture-backed, privately held company with a turnover of 30m EUR in 2013 and a record of profitability since 2005. With close to 200 employees, the company is headquartered in Stockholm, Sweden with regional offices in Gothenburg, Atlanta, and Kuala Lumpur.