Mumbai, India – November 9, 2017: Sterlite Tech [BSE: 532374, NSE: STRTECH], a global leader
in smarter digital network solutions, announced that it has been recognised as a Visionary in Gartner’s
prestigious Magic Quadrant (MQ) for Integrated Revenue and Customer Management (IRCM) for
Communication Service Providers (CSPs)* for the second consecutive year.
Sterlite Tech has been investing in building a telecom software solution since 2015, and its out-of- the-
box service-management platform has been deployed in multiple projects across varied enterprises.
This platform enables operators with new revenue models, successful roll out of next-generation
services, faster customer acquisition and supports future services. The platform offers high flexibility to
a variety of enterprises – Communication Service Providers (CSPs), Mobile Virtual Network
Operators/Enablers (MVNOs/MVNEs), Multiple System Operators (MSOs) and Small and Mid-size
Businesses (SMBs) – to achieve interoperability that supports 3G/4G/ADSL/FTTH/WI-Max/Wi- Fi
and other next-gen network requirements.
Highlighting the recognition, Dr Anand Agarwal, CEO, Sterlite Tech, said, “Sterlite Tech is
committed to delivering smarter networks with solutions ranging from optical communications
products and system integration services to world-class software. Gartner’s recognition of our software
specialisation is a validation of our thought-leadership position with great execution capabilities.” He
added, “Our strong software product roadmap is aligned with the evolving needs of our customers to
swiftly deliver and monetise next-generation services by leveraging our product’s scalability,
virtualisation, digital commerce features and open APIs. We continue to aggressively invest to upgrade
our offerings, and provide a competitive edge to our clients to win in the era of digitisation.”
Every year, Gartner evaluates 21 shortlisted Operations Support Systems (OSS) / Business Support
Systems (BSS) vendors for its Magic Quadrant on completeness of vision and ability to execute. Sterlite
Tech was a contender in this evaluation, as an integrated provider with a full-suite of IRCM solutions,
including billing and account management, customer self-care, real-time rating/charging, policy
management, customer/partner lifecycle management, multi-channel support, product catalogue,
mediation, interconnect/wholesale billing, analytics and reporting among other functionalities.
About Sterlite Technologies:
Sterlite Technologies Ltd [BSE: 532374, NSE: STRTECH], is a global technology leader that designs,
builds and manages smarter digital networks. Sterlite Tech engages with customers in more than 100
countries, with a digital web-scale offering across products, services and software. The Company has
high-efficiency global scale manufacturing facilities in India, China & Brazil and two Software Delivery
Centres in India. With a strong portfolio of 162 patents, Sterlite Tech is home to India’s only Centre of
Excellence for broadband research and Centre for Smarter Networks for next generation network
applications. Projects undertaken by the company include intrusion-proof smarter data network for the
Armed Forces, rural broadband for BharatNet, Smart Cities’ development, and establishing high-speed
Fibre-to- the-Home (FTTH) networks.
For more details, visit www.stl.tech
|For details, contact:
|Marketing & Corporate Communications
|L K Pathak
Manager – Corporate Communications
Phone: +91. 99 25 012059
Email: Email: [email protected]
| Vishal Aggarwal
Head – Investor Relations
Phone: +91.20. 30514000
Email: [email protected]
(Source) Gartner Magic Quadrant for Integrated Revenue and Customer Management for CSPs, 23 October 2017,
Norbert J. Scholz, Jouni Forsman, Amresh Nandan
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