OR YEHUDA, Israel, November 29, 2016 /PRNewswire/ --
FTS, a global provider of billing solutions, today announced
that industry analyst firm Frost & Sullivan's Stratecast
practice names FTS as a key monetization innovation enabler for
communication service providers (CSPs).
The Stratecast report, "Innovation Enabled by Monetization",
found that the effective monetization of partnerships is key to
service provider revenue growth. Yet, many CSPs lack the
understanding and tools needed to maximize the potential revenue
from these partnerships.
Facing declining revenues from traditional services and
expanding lists of partners with complex value chains and new
business models, CSPs are challenged with finding new ways to
increase revenues. Innovative monetization solutions from vendors
like FTS enable CSPs to offer new enterprise and B2B services to
existing markets and to expand into new markets such as IoT and
mobile financial services.
"We have seen how our customers have gained immediate ROI by
using FTS' solutions to increase revenues from their partner
offerings," said Avi Kachlon, FTS'
CEO. "FTS provides fast on-boarding for unlimited numbers of
telecom and non-telecom partners. Our solutions also give service
providers the flexibility to easily change contracts and enable
smart revenue sharing, leading to increased innovation and revenue
growth."
"FTS' solutions enable the monetization of complex value chains,
supporting the revenue management needs of content providers,
telematics, IoT, and financial service providers, among others,"
said the report's author, Troy
Morley, Operations, Orchestration, Data Analytics &
Monetization (ODAM) Strategy Analyst at Stratecast. "Innovations
enabled by monetization from suppliers such as FTS continue to
prove that 'getting paid' makes it all possible for both CSPs and
non-telecoms service providers."
To find out how to improve partnership monetization, download
the Stratecast report "Innovation Enabled by Monetization".
About FTS
FTS, part of the Magic Group, works with telecommunications,
content and payment service providers globally to help them manage
complex transactions and relationships with greater flexibility and
greater independence. FTS provides turnkey mobile and MVNO
solutions, including core network elements, real-time billing and
VAS systems. Analyzing every transaction from a business
standpoint, FTS offers its end-to-end and add-on solutions to
customers worldwide, and services both growing and major providers.
FTS serves the mobile, wireline, broadband, MVNO/E, payments,
e-commerce, M2M and the Internet of Things, mobile money, cable,
cloud and content markets. FTS' solutions dramatically lower the
total cost of ownership (TCO) for telecoms and content service
providers. For more information, visit http://www.fts-soft.com and
follow FTS on Twitter @FTS_Billing.
For further information, please
contact:
Joshua PR: Kate Gordon, Tel.
+44-7980-921961, kate.gordon@joshuapr.com
FTS: Moshe Peterfreund, Tel.
+972-9-952-6500, press@fts-soft.com
SOURCE FTS