TECNOTREE
19.12.2023 11:05:30 CET | Business Wire | Press release
Tecnotree, a global digital platform and services leader for AI, 5G, and cloud-native technologies, has been recognized as one of the top two companies in revenue management globally, by ‘Precision Reports - Global Telecom Billing and Revenue Market’. Tecnotree has garnered recognition as one of the largest providers of Telecom Billing and Revenue management Solutions worldwide. The acknowledgment comes from this latest comprehensive report, which presents a thorough and insightful analysis of the global Telecom Billing and Revenue market, assessing the market based on the top players, their market share, and future growth by 2029.
Tecnotree has secured the top position among other major telecom leaders in the report, which provides an in-depth analysis of the market, based on its segments, such as fraction, application, end-use, and significant regional presence. The study focuses on telecom billing and revenue in the global market, with a particular emphasis on North America, Europe, Asia-Pacific, South America, the Middle East, and Africa. With the increasing trend of CAPEX (Capital expenditures) due to modernization initiatives, CSPs need new revenue monetization capabilities including 5G Services such as EMBB (Enhanced Mobile Broadband), and URLLC (Ultra-Reliable and Low Latency Communications) with network slicing capabilities, and bundle services through partner ecosystems and channels. In contrast to 2022, the Telecom Billing and Revenue Market is forecast to grow CAGR (Compound Annual Growth Rate) during 2022-2029, with a projected market value of multimillion USD.
Tecnotree 5G ready revenue management and monetization solutions enable CSPs to manage their revenue management, including rating, charging, billing, payments, collections, revenue assurance, and fraud management. Tecnotree’s key investments in the areas of Cloud-based B2B2X ecosystem through Tecnotree Moments, its SaaS offerings that are compatible with the big three clouds (Azure, AWS, GCP), along with its Fintech growth through the DiWa platform, have led to this recognition.
Tecnotree Digital Convergent Billing & Charging is a unified revenue management solution that can assist in consolidating various business assets and transform them into reusable components for developing new business models, offering a variety of services. Tecnotree revenue management solution is an all-in-one convergent platform designed to meet all the revenue management requirements of a modern CSP, including telco services such as Voice, Data for mobile and fixed-line business, and next-generation 5G, IoT services. The solution is uniquely positioned to support 5G offerings including network slicing, in a distributed cloud computing network-based deployment model including distribution of workloads at the edge for better customer experience. Tecnotree Digital Revenue Management solution provides real-time charging capabilities, ensuring accurate billing with interactive presentment options for new age digital channels, with a wide range of flexible payment options including traditional methods as well as digital wallets.
As a core design principle, Tecnotree products including Digital Revenue Management solutions are driven by industry standards specifically TM forum and 3GPP standards. The Revenue management solution supports TMF entity specifications related to Account, Bill, Balance, Usage Consumption, and Payment management. As 5G standards evolve our charging services support Release 16 support for CHF/CCS function, further continuously is being evolved to 3GPP Release 17 standards.
Tecnotree Digital Revenue Management solution components are built with dynamic decisioning capability which integrates multiple dimensions such as user profile, behavior, service type, traffic condition, etc. This enables CCS and billing systems to implement dynamic time-critical decisions which require ultra-speed decisioning capability to improve user experience. A few examples such dynamic quota for the reservation of chargeable units based on user profile, behavior, and pattern (a teenage user watching a video streaming service at a specific time of the day shall be enabled with a dynamic quota for his specific usage learned from similar data).
To develop creative strategies for service monetization, Tecnotree assists CSPs in keeping an integrated perspective of all services that clients subscribe to and use. Tecnotree revenue management solution also supports revenue sharing and settlement models across multiple B2B2BX entities. This enables CSPs to realize new revenue models by bundling partner services and sharing revenue in real-time across partners.
Padma Ravichander, CEO of Tecnotree Corporation, said, “We’re incredibly proud of this recognition since we have worked tirelessly to bring the best revenue management capabilities to our customers. Our digital convergent billing and charging platforms are 5G ready and serve enhanced mobile broadband, mission-critical communications, and the massive IoT. A defining capability of our platform and its configurability is that it is designed for forward compatibility—the ability to flexibly support future services that are unknown today.
The unparalleled flexibility of our platforms gives CSPs control of how they differentiate in the market, increase revenue, reduce operational costs, and enhance customer experience through AI-powered hyper-personalization. We believe Tecnotree’s inclusion among the top companies further validates our unwavering commitment to delivering innovative solutions that empower our partners in managing and maximizing their revenues.”
Access the detailed report here: Telecom Billing and Revenue Market Share Size 2023 : Top Players, Market Share, Future Growth by 2029 | Oracle, Tecnotree, Netcracker (digitaljournal.com)
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).
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20231219802985/en/
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Vonage Expands Developer Ecosystem to Accelerate the Next Era of Enterprise Digital Transformation19.2.2026 10:08:00 CET | Press release
Vonage verified Postman workspace extends reach by 40+ million developers; MCP servers and Startup Program among resources designed to further accelerate time-to-value for developers and enterprises Vonage, part of Ericsson (NASDAQ: ERIC), today announced a number of new initiatives, to further expand and enable its global developer community. By growing its developer community and tools, giving developers and enterprises access to new mobile network insights and capabilities that can be embedded into existing applications and workflows, Vonage is accelerating its strategy to transform mobile networks into a programmable platform. Putting Vonage APIs in the Hands of 40 million+ More Developers Vonage is announcing the launch of its Verified Workspace on the Postman API Network, making Vonage APIs available to the 40+ million developers who use Postman. The new, verified workspace gives Postman’s community of global developer members certified access to Vonage’s portfolio of Network API
Brenus Pharma Presented New Preclinical and Early Clinical Data in Colorectal Cancer During AACR Immuno-Oncology Conference 202619.2.2026 08:50:00 CET | Press release
Brenus Pharma, a clinical-stage biotechnology company pioneering in vivo “off-the-shelf” immunotherapies, announced the selection of an abstract for a poster presentation at the American Association for Cancer Research Immuno-Oncology (AACRIO) annual conference (February 18-21, 2026), in Los Angeles. The poster showcases new preclinical data and early clinical insights from the company's lead candidate, STC-1010, supporting it as a promising therapeutic option for MSS, immune-cold colorectal cancer (CRC)—a major unmet clinical need. In a syngeneic CT26 model, murine STC-1010 significantly inhibits tumor growth and extends survival by 40%. New mechanistic datas reveal expansion of CD4⁺ and CD8⁺ T cells in draining lymph nodes alongside a significant humoral response compared to control, demonstrating coordinated cellular and humoral immune activation in vivo. Other findings show that dendritic cells efficiently capture STC-1010, leading to their activation as demonstrated by transcripto
ENHERTU® Type II Variation Application Validated in the EU as Post-Neoadjuvant Treatment for Patients with HER2 Positive Early Breast Cancer19.2.2026 08:30:00 CET | Press release
Based on DESTINY-Breast05 phase 3 trial results, which showed ENHERTU reduced the risk of invasive disease recurrence or death by 53% compared to T-DM1 If approved, Daiichi Sankyo and AstraZeneca’s ENHERTU has the potential to become a new standard of care in this early breast cancer setting The European Medicines Agency (EMA) has validated the Type II Variation marketing authorization application for ENHERTU® (trastuzumab deruxtecan) as a monotherapy for adult patients with HER2 positive (immunohistochemistry [IHC] 3+ or in-situ hybridization [ISH]+) breast cancer who have residual invasive disease after neoadjuvant HER2 targeted treatment. ENHERTU is a specifically engineered HER2 directed DXd antibody drug conjugate (ADC) discovered by Daiichi Sankyo (TSE: 4568) and being jointly developed and commercialized by Daiichi Sankyo and AstraZeneca (LSE/STO/NYSE: AZN). The validation confirms the completion of the application and commences the scientific review process by the EMA’s Committ
NHOA Energy Advances Delivery of the 51 MWh Broni Battery for Neoen in Italy19.2.2026 08:00:00 CET | Press release
The project confirms NHOA Energy’s long-term commitment to the Italian market NHOA Energy, global provider of utility-scale energy storage systems, is advancing the construction of the Broni Battery, a 10 MW/51 MWh project located in Broni (Pavia), Italy, executed for Neoen, one of the world’s leading independent producers of renewable energy. Civil works at the site are currently underway and advancing on schedule, with commissioning activities planned to start in late spring 2026. Once operational, the Broni Battery will provide essential flexibility services to the Italian electricity system, supporting grid stability and reliability as renewable energy penetration continues to increase. The project represents Neoen’s first battery storage asset in Italy and marks a strategic step in the company’s expansion, as it continues to grow its battery storage portfolio in key markets worldwide to support power system flexibility. The Broni Battery further strengthens NHOA Energy’s long-term
Compass Pathways Announces Pricing of $150 Million Public Offering19.2.2026 02:18:00 CET | Press release
Compass Pathways plc (Nasdaq: CMPS), a biotechnology company dedicated to accelerating patient access to evidence-based innovation, announced today the pricing of its public offering of 17,500,000 American Depositary Shares (“ADSs”) at a public offering price of $8.00 per ADS, each representing one ordinary share, and in lieu of ADSs, to certain institutional investors, pre-funded warrants to purchase up to 1,250,000 ADSs at a public offering price of $7.9999 per pre-funded warrant. In addition, Compass Pathways has granted the underwriters a 30-day option to purchase up to an additional 2,812,500 ADSs at the public offering price, less the underwriting discounts and commissions. All of the securities are to be sold by Compass Pathways. The offering is expected to close on or about February 20, 2026, subject to the satisfaction of customary closing conditions. The gross proceeds to Compass Pathways from the offering, before deducting underwriting discounts and commissions and other est
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom