MDS to Acquire Spend Analyzer Solution from Lavastorm

MDS to Acquire Spend Analyzer Solution from Lavastorm Image Credit: MDS

MDS, a leading provider of real-time charging, billing and customer management solutions, Thursday announced the acquisition of Spend Analyzer technology from Lavastorm Analytics. Upon completion of the acquisition in November, the Lavastorm Spend Analyzer team, product, customers, and technical assets will transfer over to MDS.

With the acquisition, MDS Spend Analyzer will be providing enterprise and SME e-billing and analytics tool that enables business customers of Communications Service Providers’ (CSPs) evolving to Digital Service Providers (DSPs), to view and control their business telecommunication costs.

MDS said that the Spend Analyzer empowers DSPs and their subscribers’ business managers with one complete view of the customer and their services, enhancing first-time call resolution and providing better insight into the true value of the customer. Standard APIs enable data capture from multiple sources, giving business owners up-to-date information and online access, making this a highly efficient application across the business, added the company.

Mark Edwards, CEO at MDS
We are delighted to add MDS Spend Analyzer to our product portfolio, allowing us to deepen our presence and relationship with a market that is strategic to MDS’s future. We are bringing in skilled and knowledgeable people who will make a positive contribution to our business. We look forward to offering MDS Spend Analyzer as a complementary product to our B2B and enterprise CMP customers.

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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