BSS vendor, Redknee Solutions announced that it has won a multi-year monetization solution contract for a major retailer in Latin America (LATAM) valued at more than $5 million dollars.
The solution will be delivered from the Redknee Cloud to provide the leading retailer with an enhanced real-time, end-to-end cloud-based monetization solution. The solution will improve charging and policy functionality, allowing for the easier launch of tailored promotions and sales initiatives to improve the retailer’s competitiveness, said Redknee.
According to Redknee, the deal highlights the growing demand for solutions delivered from the Redknee Cloud, as service providers seek fast and agile solutions that solve enterprise complexities associated with existing business models, legacy systems and investments. The Redknee Cloud platform offers the rapid deployment of real-time monetization and subscriber management solutions, including integrated billing, charging, analytics and customer care functions to support the fast onboarding of customers and the launch of innovative offerings.