ESPOO, Finland - Tuesday, 21. January 2025 AETOSWire
(BUSINESS
WIRE)--Tecnotree OYJ, a leading provider of digital business support
systems and transformation solutions for the telecom industry, today
announced a landmark multi-year, multi-million dollar agreement with a
Tier-1 US telecom operator. This collaboration that was announced
earlier in 2024 with a leading Global Systems Integrator, further
solidifies Tecnotree's position as a trusted partner for operators
navigating the complexities of digital transformation in the
fast-evolving landscape.
This significant win represents a major
step forward in Tecnotree's mission to deliver cutting-edge digital
solutions that drive unparalleled efficiency and enhance customer
experiences. Tecnotree will deploy its advanced digital solutions suite,
enhanced with our intelligent catalogue empowering the operator to
launch innovative services, accelerating time to value.
Tecnotree’s
partnership with TM Forum, specifically its leadership in adopting TM
Forum’s Open Digital Architecture (ODA) and achieving Diamond
Certification for Open API standards, making it the first vendor to
certify real-world Open API deployments. With over 59 Open APIs
implemented across domains like customer management, billing, and
ecosystem management, Tecnotree is able to deliver innovative solutions
that enable operators to transform their legacy IT into composable,
plug-and-play software architectures that enhance customer experiences,
lifecycle management, and revenue generation.
“This partnership
underscores our position as a trusted advisor to leading telecom
operators across the US,” said Padma Ravichander, CEO of Tecnotree. “By
leveraging our global expertise, local presence, and SI ready stack,
we’re uniquely equipped to deliver unparalleled value and help our
partners thrive in this dynamic market.”
“We’re delighted that TM
Forum’s frameworks and standards have been instrumental in enabling
Tecnotree’s maiden win into the United States with a tier 1 operator,”
said Nik Willetts, CEO, TM Forum. “It’s a powerful example of how
through collaboration and innovation we can democratize the telecoms
software market. By working together, our members are pioneering
composable, future-ready solutions that help redefine customer
experiences. transform business agility and unlock growth.”
“This
strategic partnership marks Tecnotree’s pioneer entry into the North
American Market with its comprehensive catalogue driven approach, now
infused with intelligence capabilities provides the operator with an
adaptable, future-proof solution,” said Gunnar Nyberg, Tecnotree VP
North America & Caribbean.
The project, already underway,
highlights Tecnotree’s robust track record in managing large-scale
deployments and its commitment to innovation and service reliability.
This success strengthens Tecnotree's presence in the North American
market, further solidifying our leadership in the digital transformation
of the telecom industry.
ABOUT TECNOTREE
Tecnotree is a
5G-ready digital Business Support System (BSS) player, with AI/ML
capabilities and multi-cloud extensibility. Tecnotree leads the way on
the TM Forum Open API Conformance with 59 certified Open APIs including 9
real-world open APIs, a testament to the company's commitment to
excellence, and continuously striving to deliver differentiated
experiences and services to both CSPs and DSPs. Our agile and
open-source digital BSS Stack comprises the full range (order-to-cash)
of business processes and subscription management for telecom and other
digital services industries creating opportunities beyond connectivity.
Tecnotree also provides Fintech and B2B2X multi-experience digital
marketplace to its subscriber base through the Tecnotree Moments
platform to empower digitally connected communities across gaming,
health, education, OTT, and other vertical ecosystems. Tecnotree is
listed on the Helsinki Nasdaq (TEM1V).
View source version on businesswire.com: https://www.businesswire.com/news/home/20250121282346/en/
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Contacts
Prianca Ravichander, CMO, Tecnotree
Email: marketing@tecnotree.com