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Openet leads Policy Management revenue market, ahead of its competition.

Openet Openet

Openet leads the overall policy market and the wireless market with market share of 8.6% and 9.6% respectively. The company is also the global revenue leader for Policy Management for the 3nd consecutive year, as published in Infonetics' semi-annual Policy Management report that covers information on market share, size and forecasts for players in the market. Apart from ranking the industry heavyweights, the report also analyses the overall competitive landscape for the segment. Openet's market leadership is attributable to its ability to accelerate the evolution of mobile broadband services via its integrated policy management, real time charging and subscriber data management solutions. 

“The worldwide policy market has grown substantially in the past year, with software revenue increasing by 32 percent,” said Shira Levine, directing analyst for service enablement and subscriber intelligence at Infonetics Research and author of the report. “The industry continues to mature as operators look to implement policy control capabilities in an effort to better monetize network investments and improve quality of service for advanced wireless technologies.”

“Openet is the industry leader because we understand our customers' commercial challenges as well as the pivotal role policy management plays in providing solutions," said Openet VP marketing Christopher Hoover. "Service providers look to Openet for technical innovation as well as for market insight that helps differentiate their services and grow their business in an increasingly competitive and uncertain environment.”

 

 

Author

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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