Frost & Sullivan Names DigitalRoute as Global Mediation Competitive Strategy Innovation Award Winner
STOCKHOLM, Sweden, February 2, 2012 /PRNewswire/ --
DigitalRoute, the leading provider of mediation solutions for the communications industry, has received the prestigious 2011 Stratecast Global CSP Billing Mediation Competitive Strategy Innovation Award. The award is presented by the leading market consultancy, Stratecast | Frost & Sullivan. The selection of Digital Route recognizes the company's achievements in the areas of growth, market leadership, and product innovation.
Stratecast's evaluation criteria for the award included "Uniqueness of Strategy", "Improves Market Position" and "Leverages Competitive Intelligence". DigitalRoute emerged with the highest ranking among the evaluated vendors.
Founded in 2000, DigitalRoute has evolved from a pure-play billing mediation supplier to a real-time data collection, aggregation, and correlation provider for any group of business functions. DigitalRoute refers to this approach as "Horizontal Mediation".
Together with partner solutions, MediationZone from DigitalRoute has been deployed by 240 communication service providers (CSPs) around the world. Its revenue has grown sharply, at a compound annual growth rate (CAGR) of over 25% between 2007 and 2010, during a global recession.
According to Stratecast's research, DigitalRoute is one of very few companies in the mediation space, or any other part of the end-to-end CSP billing space, to effectively utilize an OEM partner strategy. Stratecast also highlights the fact that DigitalRoute has focused on mediation since its inception and even its recent expansion into policy control is built around its strength in mediation. This strategy is a key ingredient in the innovation process at DigitalRoute, as according to Stratecast's research it results in "deeper insight into the longer-term needs of the marketplace from direct interaction not only through its customers but also from its OEM partners."
"Our conclusion is that DigitalRoute's competitive strategy is absolutely unique among mediation vendors and it has allowed the company to grow faster than the competition," said Karl Whitelock, director OSS BSS strategy at Stratecast.
"We are delighted to receive this prestigious award in recognition of the impact that we are making on the industry. Our focus on technical innovation and go-to-market strategy is the base for a global eco system of service providers, vendors and system integrators that benefits not just DigitalRoute but customers and partners alike," said Jan Karlsson, CEO at DigitalRoute.
Karlsson continued, "DigitalRoute will continue to grow as we expand into new areas with maintained focus on mediation. Big Data, Policy and Usage Management, M2M Connectivity Services and Service Assurance are just a handful of examples where our technology will play an important role in the years to come."
The report 2011 Stratecast Global Competitive Strategy Innovation, Global CSP Billing - Mediation is available for download here.
About DigitalRoute
DigitalRoute® is an independent software vendor delivering market leading mediation and integration solutions to the global telecommunications and data communications industry. DigitalRoute simplifies service providers' data infrastructure, centralizing integration of IT and communication networks. DigitalRoute technology for mediation, data integration and policy control is deployed for 240 customers worldwide. For more information, visit http://www.digitalroute.com
About Stratecast
Stratecast collaborates with our clients to reach smart business decisions in the rapidly evolving and hyper-competitive Information and Communications Technology markets. Leveraging a mix of action-oriented subscription research and customized consulting engagements, Stratecast delivers knowledge and perspective that is only attainable through years of real-world experience in an industry where customers are collaborators; today's partners are tomorrow's competitors; and agility and innovation are essential elements for success. Contact your Stratecast Account Executive to engage our experience to assist you in attaining your growth objectives.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.
DigitalRoute and MediationZone are registered trademarks of DigitalRoute. All other trademarks are the property of their respective owners.
For more information, please contact:
Digital RouteAB
Joakim Sahlgren
Marketing Manager
Skeppsbron 34, SE-111 30 Stockholm
Phone: +46(0)10-7079-000
Email: joakim.sahlgren@digitalroute.com
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