Elitecore Improves its Position in Gartner’s Magic Quadrant for Integrated Revenue and Customer Management 2014

Elitecore Technologies, a leading provider of BSS and packet core solution, announces that it has been named as a Niche Player in Gartner Magic Quadrant for “Integrated Revenue and Customer Management” (IRCM) for CSPs, 2014*.

Says Nikhil Jain, CEO & Managing Director, Elitecore Technologies, “We are one of the fastest growing IRCM companies. We believe our improvement in ability to execute is due to the success of gaining a high level of customer satisfaction through our functional capability and flexible approach in fulfilling customers’ technical requirement to roll out next generation IP-based services accomplishing their monetization goals and helping them succeed in a highly competitive market.

The Magic Quadrant for IRCM for CSPs evaluates solution suites that provide billing, customer care, rating, charging, pricing, partner relationship management, policy management, mediation, self-service, analytics and other functions. This Magic Quadrant will help CIOs, business leaders and IT leaders that are developing their IRCM strategies to assess whether they have the right products and solutions to support them.

Gartner evaluates the vendors based on two criteria: Completeness of Vision , which covers the “combination of domain expertise, appropriate go-to-market strategy and a focus on innovation in product functionality and enabling technology”; and Ability to execute , which covers the “combination of factors driven by product functionality, architecture performance and the ability to meet customer expectations during product delivery and operation.”

In the report, Gartner has evaluated Elitecore’s broad based product portfolio that incorporates all IRCM components for CSPs.

QSC Partners with Axiros for Cloud Data Management Platform Services

German ICT provider brings advanced management to its latest products

Axiros, the technology leader in open device management solutions for service providers and enterprises, today announced that QSC, a leading provider of information communications and telecommunication services in Germany, has selected Axiros’ Cloud data management platform. Under the terms of the partnership, Axiros is providing QSC an easy cloud-based standardized managed service solution perfectly tailored to their needs that only takes a fraction of the time and investment to implement.

“We needed a management and provisioning solution to support our existing network. The Axiros system turned out to be the ideal solution for reliable remote management of the customer premises equipment for our NGA-Clients,” said Jörg Mügge, director of Plusnet, a subsidiary of QSC and responsible for managing its next generation network. “Axiros rose to the challenge, and their history in the TR-069 market, existing Cloud products, and roadmap for future development convinced us that they were the perfect match for our market’s needs.”

“Germany is an ideal place to roll out next-generation services,” added Kurt Peterhans, CEO of Axiros. “QSC is a prime example of a partner who understands customer needs and is committed to staying ahead of them by putting the necessary technology place now to support a robust network in the future. We are thrilled to be working with QSC and know that with the strength of their network and the field-tested resiliency of our management software, QSC will have a competitive advantage in the market.”

Axiros’ standardized AXCESS.ACS offering is perfect for small- and mid-sized service providers, ISPs and telcos that are looking for a provisioning solution but do not have the resources necessary to support a full on-site implementation for device management. Axiros understood that there was a very real market need for these providers to compete, especially with home automation and Internet of Things offerings, and introduced an easy cloud-based standardized managed service solution perfectly tailored to their needs that takes a fraction of the time and investment to implement.

To learn more about how Axiros helped QSC, plus to see AXCESS.ACS and Axiros’ portfolio of device management products and services, please visit the Axiros website.

Bollywood heartthrob Tiger Shroff clicks online fashion brand American Swan for his first brand endorsement

The promising actor lends his youthful charm to the brand’s range of men’s apparel

Online fashion brand American Swan has signed the stylish and suave Bollywood debutant Tiger Shroff as its brand ambassador. The teen sensation will represent American Swan’s men’s wear range of clothing and accessories. Tiger will also be featured in American Swan’s new brand campaign to hit digital and television soon.

American Swan is all set to launch its latest collection of youth fast-fashion, AS ORIGINAL and Tiger Shroff will be the face of this trendy range of casual wear. The collection offers international trends & designs, at premium quality and is smartly priced to fit youngsters’ wallets. AS ORIGINAL will be launched exclusively on the brand’s e-commerce portal americanswan.com and is poised to meet the fashion needs of the mobile and net savvy Gen-Y.

American Swan believes in meeting the aspirations of the youth whose fashion sense evolves constantly and look for brands that help them express their confidence and style. This alliance will help strengthen American Swan’s brand appeal with the young male audience.

Anurag Rajpal, Director and CEO, American Swan Lifestyle Company said: “We are pleased to announce one of the promising upcoming stars, Tiger Shroff as our brand ambassador for the AS ORIGINAL men’s wear collection. Tiger has a youthful zeal and a flamboyance, which will distinctly bring forth AS ORIGINAL’s youth-centric appeal. He added further, “Tiger is a martial artist, a talented dancer and a fashion enthusiast with a committed and passionate approach to his work. We believe he will be a great fit with our brand and we look forward to his energizing presence to reach out to our core audience, the youth.”

Expressing his excitement about his association with American Swan and its latest collection AS ORIGINAL, Tiger Shroff said: “I enjoy staying up-to-date with latest trends, yet maintain my own distinctive style: to me dressing is about expressing my individuality. This is my first endorsement and I am excited to be associated with a youth brand like American Swan.”

Millennials in India are consuming fashion, experimenting like never before and aspiring to keep pace international fashion trends. American Swan is geared to tap into this market and offer the youth in India a range of International fashion at the ease of a click.

The AS ORIGINAL collection offers a wide and diverse range of merchandise across graphic tees, polos, shirts, jumpsuits, denims, trousers, etc. and accessories. The range is conveniently priced at a range of Rs. 399 up to Rs. 1499 and will be exclusively available on the brand’s e-commerce portal www.americanswan.com.

Mandhana announces demerger of Retail Business

Mandhana Industries Limited (“MIL” or “the Company”) (BSE Code: 533 204, NSE: MANDHANA), leading manufacturer of textile and garments announced today the demerger of its Retail Business into an independent entity, namely, Mandhana Retail Ventures Limited (“MRVL”).

The Board of Directors of MIL (the Board), taking into consideration the recommendations made by the Audit Committee, M/s. SSPA & Co., Chartered Accountants, the Valuer and Fairness Report of ‘Emkay Global Financial Services Limited’, Category I registered Merchant Banker, approved the demerger of retail business into an independent entity, namely, MRVL.

The Board is of the view that considering the overall functioning of retail industry, it is proposed to divest the retail division of MIL into MRVL for more focused and concentrated efforts in developing the brand and business reputation. As consideration for the demerger (technically called a vertical split), every shareholder of MIL holding three (3) equity shares of Rs. 10/- (rupees ten each) will receive two (2) equity shares of Rs. 10/- (rupees ten each) of MRVL. The Retail Business is significantly different from the textile stream, in terms of investments into product development, talent and sales & distribution.

The Company will be filing the Scheme of Demerger with the stock exchanges and the High Court as per extant regulations. After demerger and subject to approval from regulatory authorities and shareholders, the Retail Business comprising of Being Human brand and other brands will be known as MRVL.

Manish Mandhana, Joint Managing Director, Mandhana Industries Limited said, “The demerger is a decision cohesively taken by the Board in order to align the focus of Mandhana Retail Ventures Limited to the retail business. Given the success of Being Human clothing brand, we are now looking forward to increasing the portfolio of brands and new retail concepts that the company would introduce considering the robust growth in consumerism in our country especially amongst the youth which is the key driver of our economy.”

Ovum reveals telcos must invest in the flexibility and agility of their IT estates in 2015

The telecoms industry is showing signs of recovery due to the positive economic scenario, and telecoms will be one of the top industries for IT spending in the next 12–18 months, according to global analyst firm Ovum.

Based on Ovum’s latest Telco IT Trends to Watch report*, telco IT budgets are on the rise, with a lot of investment directed at either optimizing network assets and infrastructure or improving service quality and the customer experience.

Trends to watch for telco IT in 2015:

A brighter economic outlook and voracious demand for high-quality content and services on smart devices has renewed telco interest in the value they provide from a customer perspective and the quality of the customer experience.

Omni-channel engagements will inform investment in CRM strategies for sales, marketing, and operations.

Relevance and content of services, packages, and customer care will be a differentiator.

Outsourcing engagements between telcos and IT service providers will intensify.

Peter Dykes, senior analyst for Telco IT and author of the report, says that telcos will continue to spend on IT in 2015 to enable new services and launch them in new markets, and lower their cost base and reduce churn and customer acquisition costs.

“The telecoms industry is witnessing a long-term shift in spend towards customer-oriented systems and processes to improve customer satisfaction,” says Dykes. “Investment will be geared towards telecoms infrastructure (cloud platforms and BSS/OSS systems to support LTE implementations) and online channels to support the move towards digital lifestyles.”

Ovum recommends that telcos develop a roadmap to become a customer-adaptive enterprise. If the customer perspective is not embedded in every product and service, telcos will not prosper. They need to adapt their organizational structure and business processes to encompass customer needs, viewing quality of service and experience from the customer perspective.

Vendors need to step up to the role of collaborative partners. With so much pressure to change and limited budgets to fund this, telcos will look to vendors to help them innovate in ways that do not cost them dearly. Vendors should create long-term partnerships with telcos and key stakeholders, including system integrators and consultants, to create the solutions to future problems.

“With LTE infrastructure largely in place, we are entering an era in which the judicious choice and deployment of support software will be critical to the profitability of CSPs. This will also require a complete change of mindset by CSPs and vendors alike. The switch to IP as the main bearer technology will have ramifications throughout the industry, and only those that are able to adapt will survive,” concludes Dykes.

The Document Foundation announces new Certified Developers

The Document Foundation (TDF) has just appointed two Certified Developers, Jan-Marek Glogowski (Landeshauptstadt München) and Samuel Mehrbrodt (independent), bringing the total number to 44. Jan-Marek Glogowski is the first Certified Developer working as an employee inside a large organization deploying LibreOffice on thousands of PCs, and supporting the deployment with bug fixes.

In addition, the first batch of Certified Developers appointed in October 2012 has been renewed: Thorsten Behrens (SUSE), Stephan Bergmann (Red Hat), Cédric Bosdonnat (SUSE), Rene Engelhard (independent), Jan Holešovský (Collabora), Tor Lillqvist (Collabora), Christian Lohmaier (TDF), Luboš Luňák (independent), Lionel Elie Mamane (independent), Eilidh McAdam (ITOMIG), Caolán McNamara (Red Hat), Michael Meeks (Collabora), Björn Michaelsen (Canonical), Petr Mládek (SUSE), Markus Mohrhard (Collabora), Eike Rathke (Red Hat), Michael Stahl (Red Hat), Fridrich Štrba (SUSE), David Tardon (Red Hat), András Timár (Collabora) and Kohei Yoshida (Collabora).

Certified Developers are able to assist enterprise deployments of LibreOffice by providing professional Level 3 support, with feature development and bug fixing, to solve application and interoperability problems. The Developer Certification Program is intended to help identify qualified developers to support deployment of LibreOffice in the public administration and the enterprise.

Details about TDF Certification are available on The Document Foundation site at: http://www.documentfoundation.org/certification. The updated list of Certified Developers is here: http://www.documentfoundation.org/certification/developers/.

Telit Joins Forces with Google Cloud Platform to Accelerate Growth of the Internet of Things, Launch IoT Big Data Challenge

Developers to usem2mAIR Cloud platform, powered by deviceWISE, and Google Cloud Platform to create IoT applications based on sensor and device data delivered by Telit.

Telit Wireless Solutions, a global enabler of the Internet of the Things (IoT), today announce The collaboration with Google Cloud Platform to launch the first IoT Big Data Challenge, a competition aimed at promoting and accelerating innovation around the Internet of Things.

“Our relationship with Google and the forthcoming launch of the IoT Big Data Challenge is a natural extension of our deviceWISE ecosystem, and progression of ourONE STOP. ONE SHOP. strategy,” said Oozi Cats, CEO of Telit Wireless Solutions. “The Telitm2mAIR Cloud solution, coupled with Google Cloud Platform, and the genius of the world’s developers, is the perfect confluence of expertise to bring forth and maximize the benefits of the Internet of Things.”

Developers from around the world are invited to create Web-based and mobile applications based on data from a wide variety of connected sensors and devices. Participants will use Google Cloud Platform to harvest the IoT data in order to illustrate the power and simplicity of developing compelling IoT solutions.

The IoT Big Data Challenge aims at harmonizing the worlds of connected devices and cloud computing in a simple and seamless fashion – bringing new opportunities for all. The collaboration between Telit and Google Cloud Platform unlocks the full potential of the Internet of Things. Cloud experts no longer need to know the ins-and-outs of IoT and the cloud is no longer intimidating for connected device experts.

The IoT Big Data Challenge encourages developers to submit innovative applications with the broadest possible scope and purpose within the following categories:

– Business Transformation
– Healthy and Happy Living
– The Good of Mankind

A panel of judges will review all submissions and select winners based on innovation, commercial impact and benefits to society. The IoT Big Data Challenge is open to individuals, teams and organizations from around the globe and winning entries will be featured at events in North America and Europe.

When reviewing submissions, the judges will look at a wide range of criteria when evaluating how the application promotes and accelerates the benefits of the Internet of Things, including:

– Innovation Factor
– Potential Commercial Impact
– Scalability and Leverage of Other Applications
– Best Use of Telit Data and Google Cloud Platform Developer Resources
– Look and Feel
– Entertainment Value
– Why Didn’t We Think Of That?

Registration and a kick-off Webcast are scheduled for December 2, 2014 at 11 a.m. ET. Submissions will be due on January 9, 2015, and winners will be notified by e-mail and announced for the Americas and Asia at deviceWISE Global Summit Miami on January 27, 2015, and winners for Europe, Middle East and Africa will be announced at a Google Cloud Platform event in London on February 3, 2015.

For more information and to register for the IoT Big Data Challenge, please visit www.telitgcp4iot.com.

Youth Icon Kriti Sanon clicks online fashion with American Swan

Will endorse American Swan’s women’s line of clothing and accessories

Online Fashion brand American Swan has signed the young and stylish Bollywood star Kriti Sanon as its brand ambassador. She will be the face of American Swan’s women’s wear, which has a wide range of stylish casual wear and accessories. Kriti will be featured in American Swan’s new brand campaign to hit digital and television soon.

Kriti Sanon has been roped in to represent the brand’s latest collection AS ORIGINAL, the trend-led fast fashion range for the youth. This collection is designed to cater to the smart, style-conscious, urban teens and young women. The collection offers premium quality and international designs at smart prices with the convenience of online shopping, to meet the needs of the mobile and net savvy youth.

American Swan believes in meeting the aspiration needs of the youth whose fashion sense evolves constantly and look for brands that help them express their confidence and style. This alliance will help strengthen American Swan’s brand appeal with the young women customers.

Anurag Rajpal, Director and CEO, American Swan Lifestyle Company said, “We want to reach out to the fashion-forward youth and Kriti Sanon represents today’s young women who are well-groomed, trendy and have their own distinct dressing sense. Our clothes are about dressing smart and fashionably in casuals and KritiSanon is a perfect fit for our brand and the new collection.”

Talking about her association with American Swan, Kriti Sanon, said “My generation looks forward to new trends and fast-moving styles, and we want to see new merchandise almost every week. I am happy to be associated with a brand that is young, chic and voguish and its range and designs keep pace with my frequently changing style”.

The AS ORIGINAL collection offers a wide and diverse range of merchandise across graphic tees, tops, polos, shirts, dresses, jumpsuits, denims, trousers, etc. and accessories. The range is conveniently priced at a range of Rs. 399 up to Rs. 1499 and will be exclusively available on the brand’s e-commerce portal www.americanswan.com

Ovum says mobile data will account for more than half of global roaming revenues by 2019

Mobile data roaming will generate approximately US$50bn in revenues by 2019, contributing as much as 56% to global roaming revenues, according to new research by global analyst firm Ovum.

Ovum’s latest roaming forecasts* show that Europe continues to be the largest contributor to global roaming revenues, accounting for 46% of global roaming revenues, with much of the revenue growth coming from the EU. The revenue contribution from Asia is also increasing, particularly from Central & Southern Asia, which is expected to grow at a compound average growth rate (CAGR) of 12% over the forecast period, as one of the highest amongst all regions. “The sheer size of the region contributes to the increase, as does the fact that mobile services will penetrate further into these markets over the forecast period, and the overall propensity to roam is set to improve gradually,”according to Nishi Verma Nangia, Senior Analyst at Ovum.

Mobile data will experience the fastest revenue growth over the forecast period, and is expected to drive growth of roaming revenues as voice revenues begin to stagnate. The increasing penetration of smartphones and SIM-enabled tablets, along with the deployment of LTE networks, is driving the growth of mobile data usage. Mobile users increasingly want to use the same services everywhere, whether they are at home or traveling abroad.

“To meet these expectations, operators are extending the reach of their LTE networks through agreements with operators in other markets, and in doing so are laying a solid foundation to allow travelers to maintain the same high-speed access to the Internet they have while in their home markets, ” said Nangia.

Indeed, the report highlights that roaming growth is still impeded by the cost of roaming services and the legacy of “bill shock”. Telecoms regulators in some regions – especially in the EU – have been taking steps to make roaming services more affordable for consumers. In addition to regulatory developments, there have recently been commercial initiatives, as operators in some regions have launched new roaming propositions to stimulate adoption among their customer base.

“But it’s not pricing alone; operators need to demonstrate the relevance of roaming service to travelers, particularly in emerging markets, to encourage roaming adoption,”concluded Nangia.

Elitecore wins Deloitte Technology Fast 50 award

Felicitated for attaining 181% Revenue Growth over last 3 FY

Elitecore wins the prestigious industry recognition of being ranked 34th in Deloitte Technology Fast 50 India, 2014, a ranking of the 50 fastest growing technology companies in India. The rankings are based on percentage revenue growth over three financial years; Elitecore grew 181 percent during this period.

The award ceremony, held in Bengaluru on 7th Nov at ITC Royal Bangalore was attended by Krishnan Ganesh, a Serial Entrepreneur and Promoter; also a Member of Board of Governors- IIM, Calcutta.

Elitecore’s CEO, Nikhil Jain, credits this success in achieving remarkable revenue growth rates to its technology, innovative business models and quality of human resources. He said, “It’s an extremely proud moment for us to be ranked in the Deloitte Technology Fast 50 India and gain credibility from a highly prestigious institution like Deloitte. The award is one of the most respected validations of Elitecore’s consistent growth, our product suite and business-critical solutions for Telecom Industry, business model and financial performance. It is an acknowledgment of our commitment to innovate and make a mark on technology leadership.”

Elitecore’s CFO, Nirav Thakkar, also expressed his happiness on winning this award and said, “It gives me immense pleasure to receive this award and I dedicate it to the entire team and their sincere efforts in making this phenomenal growth possible.”

The Technology Fast 50 India conducted by Deloitte Touche Tohmatsu India Private Limited (DTTIPL), is a sought-after recognition for technology companies in India. It was launched in 2005, and celebrating its tenth anniversary this year. Deloitte received thousands of nominations from companies vying for a spot in this list, out of which 250 were shortlisted and only 50 companies made it through.

“Being a winner in the Deloitte Technology Fast 50 program is commendable in today’s highly competitive technology industry,” said Rajiv Sundar, Senior Director, Deloitte in India, and Program Director Tech Fast 50 India 2014. “With its 181% growth rate over three years, Elitecore Technology has proven that its leadership has the vision and determination to grow.”