Business Wire

TECNOTREE

23.2.2024 10:30:26 CET | Business Wire | Press release

Share
Tecnotree Successfully Completes 14 Simultaneous AI and Digital Transformations for Multiple Groups, Across North America, Middle East, Africa and Latam

Tecnotree, a global digital platform and services leader for AI, 5G, and cloud-native technologies, announced the simultaneous rollout of their digital BSS solutions for telecom service providers spanning across the Middle East and Africa. The milestone included 14 Go-lives globally for some of the largest Telecom, Healthcare and Realty groups across North America, the Middle East, Africa and Latam, delivering large-scale Digital BSS transformation for customers on public and private cloud through the Tecnotree Digital Suite (Tecnotree Edge).

The digital stack deployed under various transformation projects include Out of the Box capabilities of Tecnotree’s Digital Suite: Debt Management System, BSS-Switch with Convergent Online Charging System (COCS), Service Provisioning System (SPS), New Bill Layout Designer (BLD), Customer Lifecycle Manager (CLM), and more. By leveraging Tecnotree’s AI-powered, intelligent digital solutions, service providers will be able to align their capabilities with the evolving business needs. The comprehensive solutions will help deliver superior digital customer experience and transformation, introducing the next generation of services for their customers.

Tecnotree’s digital suite empowers robust capabilities for customer tracking across various channels, providing an enhanced 360-degree view of all interactions. This highly automated, full Digital stack, coupled with TMF Open API and ODA Compliant Architecture, facilitates faster service rollouts, ushering in new levels of agility and speed in an increasingly competitive and fast-paced market.

Padma Ravichander, CEO of Tecnotree Corporation said, “We take immense pride in the successful series of go-lives as they represent our unwavering focus on delivering large-scale digital transformation for our customers across various regions. We are enabling the next wave of digital transformation, aligning with the rapidly growing markets. The multiple and simultaneous go-lives speak to the predictability and stability of the Tecnotree Digital Stack in terms of its reliability, dynamic version upgrades, and autopilot capabilities.

With Tecnotree's comprehensive full-stack solution, operators can deliver new and innovative value-added services, unlocking new opportunities and revenue streams. The digital transformations will propel operational efficiencies for operators, enabling them to deliver personalized customer engagement while ensuring seamless and rapid upgrades of features. The offerings will be combined with deep insights in terms of customer experiences, with our embedded, augmented, and cognitive AI use cases on the stack.”

Ramaseshan Subramanian, Chief Delivery Officer, SVP Tecnotree said, “Overseeing the parallel launches of our cutting-edge digital BSS solutions for major telecom providers across the Middle East and Africa has been a testament to our commitment to provide the best-in-class delivery in an agile customer-success driven environment. Our accomplishment of orchestrating 14 successful go-lives for major operator groups worldwide represents a milestone in delivering extensive Digital BSS transformations through the Tecnotree Digital Suite, and further strengthens our commitment to enhance customer-centricity and operational efficiency.”

Shahbaz Ahmad Rashid, Head MEA & Europe, SVP Sales Tecnotree Corporation said, “We’re thrilled about the various successful go-lives which will accelerate digital transformation and deliver world-class experiences to our customers. With the intelligent, digital solutions from Tecnotree, these Opcos will be in a better position to meet the evolving needs of customers, while also accelerating sales, streamlining operations, and driving new monetization opportunities.”

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/20240223931032/en/

About Business Wire

Business Wire
Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco

http://businesswire.com
DK

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

Tecnotree Delivers Double-Digit Profit Growth and Accelerated Deployment Momentum in H1 20265.8.2026 11:11:00 CEST | Press release

Tecnotree, a global leader in AI-native Digital Business Support Systems (BSS) and digital platform solutions for the telecommunications industry, today announced its financial results for the first half of 2026. The company delivered growth across every principal financial measure, expanded operating margin by 800 basis points, and converted a record order book into deployment at pace, with eight go-lives completed across the North America, Africa and the Middle East. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260805406933/en/ Tecnotree Delivers Double-Digit Profit Growth and Accelerated Deployment Momentum in H1 2026 First Half (January – June 2026) Net sales of EUR 36.8 million (EUR 34.2 million), up 7.5% year-on-year; in constant currency, EUR 37.6 million, up 10.0% year-on-year. Operating result (EBIT) of EUR 13.2 million (EUR 9.6 million), up 38.1% year-on-year. Operating margin of 36.0% (28.0%), up 800 bps year-on

Ekovolt Welcomes Éric Scotto, Co-Founder of Akuo Energy, as a Shareholder, and Rebrands as Pont Digital Infrastructure5.8.2026 10:00:00 CEST | Press release

Ekovolt, a holding company focused on the development and investment in next-generation data centre infrastructure, and co-owner of Voltekko, a Southern European data centre development platform, today announces two milestones: Éric Scotto — co-founder and former President of Akuo Energy, a pioneering figure in the French and international energy transition — becoming a shareholder, and the company’s rebranding as Pont Digital Infrastructure. Éric Scotto, an iconic figure in French renewable energy, joins the company as a shareholder, bringing recognised expertise in developing, financing and structuring long-term sustainable infrastructure projects. After an early career in information technology and finance, Éric Scotto moved into renewable energy in 2003. He founded Perfect Wind and developed one of the first large-scale wind farms in France (57 MW) in partnership with General Electric — with operations also in Poland and Turkey — before selling the company to Iberdrola in 2006. In

Bending Spoons opens office in Madrid, betting on a promising pool of tech talent5.8.2026 09:00:00 CEST | Press release

Bending Spoons, the technology company behind products such as WeTransfer and Meetup, has opened an office in Madrid. The decision is underpinned by Spain’s strong talent pool, fuelled by excellent universities, and by Madrid’s international appeal and its quality of life. “We’re impressed by the talent we’ve seen in Spain. This year, we’ve received around 10,000 Spain-based applicants every month, and many of them perform among the very best candidates in our selection process. The calibre of education offered by Spanish universities is particularly high, and over the next few years we’re hoping to grow our team in Madrid into the hundreds,” says Andrea Maiorana, talent data lead. Located in the Recoletos area, the office is the company’s third European base, following the Milan headquarters and the recently opened London branch. The office is in one of the city's most coveted locations, within walking distance of Retiro Park and the Prado Museum. For new hires relocating to Madrid, B

Moove Raises $250 Million at $2.1 Billion Valuation to Scale the Global Infrastructure Layer for Autonomous Mobility5.8.2026 09:00:00 CEST | Press release

Led by Mubadala Investment Company "Mubadala", and co-led by Woven Capital (Toyota) and Ion Pacific, the Series C accelerates Moove’s global infrastructure platform for autonomous mobility as the market shifts from breakthrough technology to scaled deployment.$250 million Series C values Moove at $2.1 billion, cementing its position as the category defining infrastructure company for the autonomous mobility economyMoove is building the core operating layer for autonomous mobility globally through integrated fleet management, robotics-first depot infrastructure, and 24/7 operationsThrough its partnership with Waymo, Moove is already a leading third-party autonomous vehicle fleet manager, with operations live or announced across Phoenix, Miami and LondonMoove’s autonomous strategy is grounded in five years of building and operating mobility infrastructure at scale, from an initial launch of 76 vehicles in Lagos to approximately 42,000 vehicles across 29 cities (13 countries) and achievin

Network X Awards 2026 Finalists Announced, Spotlighting Telecom Innovation and Industry Excellence5.8.2026 08:00:00 CEST | Press release

Defining innovators recognised across AI, fibre, mobile networks, Wi-Fi and data centre infrastructure in Vienna Network X, the global event series bringing together the international fixed-line, transport and mobile telecom communities, today announced finalists for the fifth annual 2026 Network X Awards, recognising the companies, technologies and projects driving innovation across the global telecommunications industry. Celebrating excellence across 21 solution provider and operator categories, winners will be announced on 14 October during an awards ceremony at the Museum of Applied Arts (MAK) in Vienna. “The Network X Awards recognise the technologies, solutions and industry leaders actively shaping the next generation of global connectivity,” said Chris Lycett, Event Director, Network X. “With more companies entering than ever before, this year was the most competitive process to date. The finalists reflect an industry undergoing rapid transformation, from AI-driven network opera

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
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye