Tecnotree Oyj
Tecnotree positioned in Gartner’s Magic Quadrant for Integrated Revenue and Customer Management for CSPs
DGAP-News: Tecnotree Oyj 24.10.2014 / 07:30 --------------------------------------------------------------------- Tecnotree Corporation Press Release 24 October, 2014 at 8.30 pm EEST Espoo, Finland - Telecom IT solutions provider Tecnotree today confirmed it has been positioned within Gartner's Magic Quadrant for Integrated Revenue and Customer Management (IRCM) for Communications Service Providers (CSPs). Gartner has placed Tecnotree in the 'niche players' quadrant, which we believe illustrates Tecnotree's short-term focus on emerging markets and completely aligns with Tecnotree's strategy to transform its operations from project to a product-based business. To support this transformation, Tecnotree has made timely investments in its convergent charging capability, unified product catalogue and customer life cycle management solutions. Consequently, these investments position Tecnotree strongly within the market and pave way for further growth. Timo Ahomäki, Chief Technology Officer at Tecnotree explains: 'We believe our position in the Magic Quadrant as a niche player well reflects our past focus on emerging markets and on two tier-1 operator group customers. However, we are already seeing traction from other customers for our new generation of products solving real-time charging and subscriber relationship management challenges. The industry is clearly seeing the need to think differently about IRCM investments and we intend to continue to challenge the status quo.' Notes to Editors Gartner 'Magic Quadrant for Integrated Revenue and Customer Management for CSPs' by Norbert J. Scholz, Kamlesh Bhatia, Jouni Forsman, 20 October 2014. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. TECNOTREE CORPORATION More information Vicki Fertnig at Liberty Communications: tel. +44 (0) 207 751 4444, tecnotree@libertycomms.com Distribution NASDAQ OMX Helsinki Ltd Main Media www.tecnotree.com About Tecnotree Tecnotree is a global provider of telecom IT solutions for the management of products, customers and revenue. Tecnotree helps communications service providers to transform their business towards a marketplace of digital services. Tecnotree empowers service providers to monetise service bundles, provide personalised user experiences and augment value throughout the customer lifecycle. With over 1000 telecom experts, Tecnotree serves more than 100 service providers in over 70 countries. Tecnotree is listed on the main list of NASDAQ OMX Helsinki with the trading code TEM1V. For more information on Tecnotree, please visit www.tecnotree.com. News Source: NASDAQ OMX --------------------------------------------------------------------- 24.10.2014 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: Tecnotree Oyj Finland ISIN: FI0009010227 End of News DGAP News-Service --------------------------------------------------------------------- 293149 24.10.2014
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