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Tecnotree shortlisted for TM Forum Excellence Awards 2020

TM Forum’s prestigious awards recognizes the organizations making a significant contribution to the acceleration of digital transformation throughout the industry

Tecnotree, the global provider of IT solutions for the telecom industry, announced that it has been nominated for the prestigious TM Forum Excellence Award in the ‘Cloud Native IT and Agility’ award category. This is a recognition of the work delivered by Tecnotree at Telefonica Peru by enabling faster service delivery through Tecnotree Digital Accelerator Platform which was officially launched under the brand name Surge in 2019.

TM Forum’s prestigious award recognizes the organizations making a significant contribution to the acceleration of digital transformation throughout the industry. Since 2007, TM Forum’s Excellence Awards have been recognizing the world’s largest service providers and suppliers for their innovative achievements spanning digital transformation, business and IT agility, customer centricity, cross-industry partnering and collaboration, and product and service innovation.

Tecnotree is the only full-stack Digital BSS provider that provides the speed and agility to the CSP’s to compete in the marketplace and delight customers via distinctive customer experience. To further fast track the digital transformation of CSP’s while offering increased flexibility, Tecnotree offers Surge, ‘Digital Accelerator Platform (DAP)’. It provides the flexibility to undergo digital transformation in a phased manner while leveraging existing investments in legacy systems. Built with open-source technologies with API gateway and microservices based architecture, Surge ensures business continuity by enabling the creation of modern customer experience faster on top of existing legacy systems. 

The quantifiable benefits of Tecnotree Surge-DAP to Telefonica include:

• Speed of delivery of new services in minutes as opposed to days and weeks
• Increased share of the subscriber wallet, through subscription life-cycle management and event-based charging
• Agility of a low-code digital platform that connects the network to Apps seamlessly through a microservices and orchestration-based architecture
• Lower TCO by reduction in infrastructure costs and consolidation of platforms by adoption of eTOM standards
• Superior customer experience using omni-channel delivery of service with zero down-time to launch new services
• To transform from the current mode of operations based on systems to a future mode of operations based on platforms
• To adopt DevOps principles for continuous integration and continuous delivery

“Congratulations to Tecnotree for being named a nominee in this year’s Excellence Awards. This year’s submissions exemplified commitment to digital transformation by focusing on innovations in 5G B2B, AI, autonomous networks, cloud native IT, data analytics and customer experience, and how those innovations are impacted by TM Forum best practices and standards developed through our member Collaboration Community. Our sincere congratulations to Tecnotree for playing its part in accelerating digital transformation and helping to transform the communications industry at large.” - said Nik Willetts, CEO, TM Forum

"We are elated to be nominated for prestigious TM Forum Excellence Award. This nomination bears a testimony to all our endeavours in building solutions and products that address the evolving needs of the service providers. Our products help CSP’s undergo complete digital transformation while generating new business value, improvement in customer experience and provide tools to build a partner ecosystem.”- shares Indrajit Chaudhuri, SVP and Chief Technology Officer, Tecnotree Corporation.

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. We empower service providers to monetize service bundles, provide personalized user experiences and augment value throughout the customer lifecycle. With around 600 telecom experts, Tecnotree serves around 90 service providers in around 70 countries. Tecnotree is listed on the main list of NASDAQ Helsinki with the trading code TEM1V. Learn more at www.tecnotree.com.

About TM Forum

TM Forum is an association of over 850 member companies that generate a combined US$2 trillion in revenue and serve five billion customers across 180 countries. We drive collaboration and collective problem-solving to maximize the business success of communication and digital service providers and their ecosystem of suppliers around the world. Today, our focus is on supporting members as they navigate their unique digital transformation journeys, providing practical and proven assets and tools to accelerate execution and platforms to facilitate collaborative problem solving and innovation. Follow us on LinkedIn, Twitter and Facebook. Learn more at www.tmforum.org.