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TV Cabo selects cVidya to provide data integrity solution
cVidya Networks, a global leader of Telecom Data Integrity and Revenue Assurance Systems, has announced today it has been chosen by the leading Portuguese Pay-TV Operator, TV Cabo, for the provision of a data integrity solution based on its MoneyMap product.
The agreement between cVidya and TV Cabo, a subsidiary of PT Multimedia and Portugal’s leading cable and satellite operator with over 1.4 million customers, is said to be a major step for cVidya's business with the Portugal Telecom Group.
The data integrity solution deployment, lead by Filipe Monteiro, cVidya’s Regional Director for Southern Europe, is based on MoneyMap – cVidya's revenue assurance product. The deployment of MoneyMap will develop into a full revenue assurance solution for TV Cabo, expanding cVidya's business in Portugal and with cable companies throughout Europe.
"MoneyMap came out as a tool that allowed quick implementation and easy analysis of data ensuring a quick return on the investment”, says Pedro Sardo, responsible for IT Department, at TV Cabo.
“cVidya's agreement with TV Cabo is strategically important to us as it enhances our presence in the Portuguese market, where we had to compete with local providers. This demonstrates that cVidya’s product-based approach, combined with the flexibility of MoneyMap and the dedication of our staff, is a winning combination. This deal further establishes our position as a leader in Revenue Assurance in Europe," says Alon Aginsky, CEO of cVidya.
cVidya’s MoneyMap Data Integrity and Revenue Assurance solution enables operators to correlate and consolidate information from all network operations and business systems. Through an ongoing process, it automatically detects problem areas in which profit margins are decreasing as a result of revenue leakage or inefficient resource use, which - beyond the immediate loss of revenues - may lead to potential customer retention trouble spots. Once MoneyMap identifies the areas of revenue leakage and resource inefficiency, operators can promptly correct and manage the problems to achieve profit maximization.
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