Barcelona, Spain – February 27, 2018:
Sterlite Tech [BSE: 532374, NSE: STRTECH], a global technology leader in smarter digital networks, announces the launch of ‘BSS of the Future’, a platform that enables the digital transformation of Communication Service Providers (CSPs) to Digital Service Providers (DSPs).
This future-ready BSS platform brings enhanced benefits for both CSPs and end-users. The newly architected platform powered by DevOps, open APIs and data science, enables CSPs to rapidly and effectively go digital. This new architecture integrates the erstwhile disparate System of Record, System of Engagement and System of Intelligence, which enables multiple benefits:
- Continuous delivery and integration cycle with 2x faster deployment of customer offerings
- Analytics-enabled insights for ongoing customer acquisition, growth and retention
- Scalable B2B2X monetisation platform usable for both B2C and B2B customers
- Open-API platform enables interoperability and ease of onboarding new partners and services
The next-gen BSS enhances the user experience by automating the billing process and providing omni-channel connectivity options across email, chat and other digital platforms for the end-users.
Commenting on the launch, Nikhil Jain, Managing Director (Software), Sterlite Tech, said, “I am excited about the launch of the ‘BSS of the Future’ as it will allow for a very rapid digitalisation of the CSP ecosystem.” He added, “As legacy systems sunset, we will continue to build innovative digital solutions that benefit both CSPs and users.”
Sterlite Tech has been recognised as Visionary in Gartner’s Magic Quadrant (MQ) for Integrated Revenue and Customer Management (IRCM) for Communication Service Providers since the last two years.
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 global scale manufacturing facilities
in India, China & Brazil and two Software Delivery Centres in India. 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)
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Forward-looking and cautionary statements:
Certain words and statements in this release concerning Sterlite Technologies Limited and its prospects, and other statements relating to Sterlite Technologies’ expected financial position, business strategy, the future development of Sterlite Technologies’ operations and the general economy in India, are forward-looking statements. Such statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements of Sterlite Technologies Limited, or industry results, to differ materially from those expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding Sterlite Technologies’ present, future business strategies, and the environment in which Sterlite Technologies Limited will operate in the future. The important factors that could cause actual results, performance or achievements to differ materially from such forward-looking statements include, among others, changes in Government policies or regulations of India and, in particular, changes relating to the administration of Sterlite Technologies’ industry, and changes in general economic, business and credit conditions in India. Additional factors that could cause actual results, performance or achievements to differ materially from such forward-looking statements, many of which are not in Sterlite Technologies’ control, include, but are not limited to, those risk factors discussed in Sterlite Technologies’ various filings with the National Stock Exchange, India and the Bombay Stock Exchange, India. These filings are available at www.nseindia.com and www.bseindia.com.