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Tecnotree named in Magic Quadrant for ‘Integrated Revenue and Customer Management for CSPs’

Press Release
December 13^th, 2011 at 11.00 am EET

Telecoms IT solutions provider Tecnotree Corporation today announced that it has been placed as a niche player in Gartner’s first ever Magic Quadrant report for Integrated Revenue and Customer Management (IRCM) for Communications Service Providers (CSPs)[1].

Gartner expects the worldwide IRCM market to grow from around $13.9 billion in 2010 to $16.4 billion in 2015.  The magic quadrant rates solutions suites that provide billing, customer care, rating, charging, pricing, partner relationship management, policy management, mediation, self-service, analytics and others.

Many CSPs look to improve their bottom line by investing in Business Support Systems (BSS). With a well-rounded product portfolio and strong innovation funnel strategy for CSPs to consolidate and personalise services, Tecnotree emphasises a solution-led approach to critical business problems facing CSPs in the areas of revenue generation and customer experience.

Kaj Hagros, President and CEO of Tecnotree says “Tecnotree is continuously looking to streamline operator processes and help personalise the service bundles they provide customers.  We believe our position in Gartner’s Magic Quadrant is a great testament to the work we do with customers and Tecnotree’s ongoing investment in this space.”

Notes to Editors
[1]Gartner “Magic Quadrant for Integrated Revenue and Customer Management for CSPs” by Norbert J. Scholz, Kamlesh Bhatia, Mentor Cana, 29 November 2011.

FURTHER INFORMATION
Kaj Hagros, President and CEO, Tecnotree: +358 9 804 781

DISTRIBUTION
NASDAQ OMX Helsinki Ltd
Main Media
www.tecnotree.com

Magic Quadrant Disclaimer
Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings. 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.

About Tecnotree
Tecnotree is a global provider of a broad range of telecom IT solutions focused on charging, billing, customer care, messaging and content services. Tecnotree empowers communication service providers to create and monetize a broad marketplace of digital services, and augment value across the customer lifecycle. Acknowledged for agility and commitment, Tecnotree has more than 900 employees serving over 120 operators globally. Tecnotree is listed on the main list of NASDAQ OMX Helsinki Ltd. with the trading code TEM1V. For more information on Tecnotree visit www.tecnotree.com