Tecnotree

Tecnotree Welcomes Investment Interest from The Royal Front Investments Group

Retrieved on: 
Friday, October 27, 2023

Tecnotree is pleased to announce that it has received legally binding interest from a consortium of shareholders for EUR 20,000,000.

Key Points: 
  • Tecnotree is pleased to announce that it has received legally binding interest from a consortium of shareholders for EUR 20,000,000.
  • As a part of the consortium, we are pleased to welcome the Royal Front Investments Group, an existing proven partner of the company in the EMEA Region.
  • Sina Fattahi, Board Member of Royal Front Investments Group, said, “We have had the pleasure of working with Tecnotree for the past few years and are impressed by the consistent performance of the company.
  • This investment is a testament to the value and potential they see in Tecnotree's digital capabilities, growth outlook and strategy.

Tecnotree Reports Record Order Book Backed by Strong Deliveries, Promises Stable Growth

Retrieved on: 
Friday, October 27, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231027241013/en/
    Tecnotree Reports Record Order Book Backed By Strong Deliveries, Promises Stable Growth (Graphic: Business Wire)
    Key highlights of the third quarter financial results:
    Net sales in the third quarter were EUR 21.4 million, showing 7.4% growth compared to last year
    Commenting on the results for the third quarter of 2023, Padma Ravichander, CEO of Tecnotree Corporation, said, “We are pleased with our performance this quarter as we maintain an ongoing momentum of consistent growth despite challenging market conditions.
  • Tecnotree signed a multi-million Euro, 5-year agreement with Telenor Group, to supply Tecnotree Voice Mail System (VMS) for Norway, Denmark and Sweden operations in the Nordic region.
  • Under this new agreement, Tecnotree will provide support to Telikom through its BSS-Edge platform, with products like mobile & fixed line business integration.
  • Additionally, Tecnotree continues its investments in new initiatives – Tecnotree Sensa Fabric AI/ML platform, Tecnotree Moments, Tecnotree DiWa (Digital Wallet), and SaaS; and had successful participation in many global technology events this quarter.

Tecnotree Awarded a Ground-breaking Sensa AIML Embedded BSS Transformation Deal with a Leading Operator in the MENA Region

Retrieved on: 
Thursday, October 26, 2023

The deal, implementing full BSS stack along with the Tecnotree Sensa Intelligence platform, is the second win for Tecnotree in terms of AIML-driven customer experience use case in 2023.

Key Points: 
  • The deal, implementing full BSS stack along with the Tecnotree Sensa Intelligence platform, is the second win for Tecnotree in terms of AIML-driven customer experience use case in 2023.
  • View the full release here: https://www.businesswire.com/news/home/20231026343633/en/
    Tecnotree Awarded a Ground-breaking Sensa AIML Embedded BSS Transformation Deal with a Leading Operator in the MENA Region (Photo: Business Wire)
    Tecnotree Sensa is an AI-enabled technology that cuts across the Tecnotree portfolio, by enabling configurable AI solutions and humanizing digital experiences with intelligence across telcos as well as various other industry verticals.
  • The 5G and AI-enabled digital experiences from Tecnotree Sensa deepen customer engagement, increase operational effectiveness, and support 5G-driven monetization.
  • Our digital BSS stack embedded with Tecnotree Sensa AIML capabilities will enable the customer to improve business agility and respond faster to market dynamics, while humanising experiences with hyper-personalisation.

MTN and Tecnotree Redefine Digital Customer Experience with Their Launch of Metamorphose on Tecnotree D-Stack

Retrieved on: 
Thursday, October 19, 2023

Tecnotree, a global digital platform and services leader for 5G and cloud-native technology, proudly unveils the launch of MTN D-Stack, under the transformation program MTN Metamorphose powered by Tecnotree.

Key Points: 
  • Tecnotree, a global digital platform and services leader for 5G and cloud-native technology, proudly unveils the launch of MTN D-Stack, under the transformation program MTN Metamorphose powered by Tecnotree.
  • This ground-breaking project, driven by Tecnotree’s digital suite, marks a significant milestone in enhancing MTN presence for both consumers and enterprises, promising a new era of unparalleled digital service excellence.
  • Tecnotree BSS Suite will enable extraordinary transformation for MTN with capabilities that are in line with their goals and forge more powerful experiences that deliver greater customer loyalty.
  • The D-Stack go-live will enable dynamic and improved user experience with enhanced 360-degree customer view and omnichannel engagement.

Tecnotree Announces Signing of a Multi-Million Deal with an Emerging CSP from Africa to Deliver Digital BSS, Fintech & VAS Services

Retrieved on: 
Tuesday, October 17, 2023

Tecnotree, a global digital platform and services leader for AI, 5G, and cloud-native technologies, announced the signing of a new multimillion-dollar, five-year contract with an emerging telco services provider from the African Region, to provide a full digital BSS stack along with Fintech and Value-Added Services (VAS) services.

Key Points: 
  • Tecnotree, a global digital platform and services leader for AI, 5G, and cloud-native technologies, announced the signing of a new multimillion-dollar, five-year contract with an emerging telco services provider from the African Region, to provide a full digital BSS stack along with Fintech and Value-Added Services (VAS) services.
  • The agreement aims to facilitate seamless end-to-end order to cash services for retail and enterprise customers.
  • Tecnotree’s 5G-ready BSS suite is agile, cloud-native, and Diamond-certified by TM Forum for real-world Open APIs.
  • The deployment also includes customer value enablement via self-service enablement, partner loyalty services & gamification, real-time campaigns, Digital Wallet (DiWa) services, and new age digital VAS services.

Phenomenal Digital Transformation Delivery for MTN South Sudan by Tecnotree

Retrieved on: 
Wednesday, October 11, 2023

This digital transformation will enable MTN South Sudan to run business operations smoothly and utilize newly available functionalities to gain business benefits.

Key Points: 
  • This digital transformation will enable MTN South Sudan to run business operations smoothly and utilize newly available functionalities to gain business benefits.
  • Mazen FARAH, CIO, MTN South Sudan, said, “The transformation project with Tecnotree has been a grand success!
  • In one word, it’s Phenomenal!”
    Ramaseshan Subramanian, Vice President & Head of Global Delivery & Operations, Tecnotree, said, “We’re proud to announce this as another key milestone in our transformation journey with MTN South Sudan which will allow MTN South Sudan to aggressively launch their digital services to their customer as part of their Business Success program.
  • The project delivery was done in the true spirit of collaboration between MTN South Sudan and Tecnotree.

Briclinks Africa Plc “BTEL” selects Tecnotree Switch MVNO platform, DiWa and Moments B2B2X Marketplace to go-to-market and revenue monetization capabilities

Retrieved on: 
Wednesday, September 20, 2023

Tecnotree’s Switch for MVNOs suite comprises a full range of business processes that support customer lifecycle and revenue management.

Key Points: 
  • Tecnotree’s Switch for MVNOs suite comprises a full range of business processes that support customer lifecycle and revenue management.
  • CEO Briclinks Africa Plc “BTEL” Mr. Mohammed Buhari said, “We are delighted to partner with Tecnotree on this transformative journey.
  • Tecnotree MVNO suite, DiWa Intelligent Fintech Platform, Moments B2B2X enables us to enhance our operational efficiency and cater to the ever-evolving market requirements.
  • Tecnotree DiWa Intelligent Fintech Platform shall enable Briclinks Africa Plc “BTEL” to take a big step forward for payments and financial services in Nigeria.

Tecnotree Soars to the Next Milestone with the Diamond Badge: Leading the Way in TM Forum Open API Conformance with 59 certified APIs

Retrieved on: 
Tuesday, September 19, 2023

The certification demonstrates that the company has conformed to a total of 59 certified Open APIs including 9 real world open APIs, moving ahead from Platinum to Diamond badge.

Key Points: 
  • The certification demonstrates that the company has conformed to a total of 59 certified Open APIs including 9 real world open APIs, moving ahead from Platinum to Diamond badge.
  • TM Forum’s open APIs enable an open digital ecosystem providing critical management functionality to digital services, reducing time-to-market, and improving cost-effectiveness.
  • “We congratulate Tecnotree on achieving the prestigious Diamond Badge for TM Forum Open API Conformance and look forward to celebrating their success.
  • TM Forum Open APIs are extendable by design and minimise the need for specialised integration, and with a remarkable 55 certified Open APIs, Tecnotree demonstrates the power of open digital architecture and collaboration.

Tecnotree Half-Yearly Financial Results Demonstrates Consistent Growth in Uncertain Economic Conditions

Retrieved on: 
Friday, August 4, 2023

Tecnotree, a global digital platform and services leader for 5G and cloud-native technology, announced its second quarter and half-year results for 2023, demonstrating steady growth in revenue and profitability.

Key Points: 
  • Tecnotree, a global digital platform and services leader for 5G and cloud-native technology, announced its second quarter and half-year results for 2023, demonstrating steady growth in revenue and profitability.
  • Consolidated highlights of the results of the Second Quarter and Half Year 2023:
    Padma Ravichander, CEO Tecnotree Corporation, said, “As we reach the halfway mark for the year 2023, I am pleased to share Tecnotree’s consistent half-yearly results that demonstrate agility and growth during challenging market conditions.
  • These results are evidence of the richness of our Digital BSS stack and its predictability for zero-touch delivery.
  • Tecnotree DiWa wallet achieved PCI DSS (Payment Card Industry Data Security Standard) compliance which will significantly increase the growth opportunities for its Fintech offering globally.

Emtel Selects Tecnotree for their BSS Transformation Journey

Retrieved on: 
Monday, July 31, 2023

Tecnotree’s 5G-ready BSS suite with analytical capabilities comprises a full range of business processes that support customer lifecycle and revenue management.

Key Points: 
  • Tecnotree’s 5G-ready BSS suite with analytical capabilities comprises a full range of business processes that support customer lifecycle and revenue management.
  • Tecnotree has an agile and open-source BSS stack that is cloud-native, Open Digital Architecture (ODA) compliant, and platinum certified by TM Forum for real-world Open APIs that allows seamless integration.
  • Kresh Goomany, CEO, Emtel Mauritius, said, “We are delighted to partner with Tecnotree on this transformative journey.
  • Tecnotree BSS suite enables us to enhance our operational efficiency and cater to the ever-evolving market requirements.