NEW YORK--(BUSINESS WIRE)--Connectiva Systems Inc., a leading provider of revenue optimization solutions for the telecommunications and media industry, today announced that it has been rated by Gartner as the number one vendor in Revenue Assurance and Fraud Management for the Middle East and Africa based on market share for 2010. Announced in Gartner’s recent report published March 30, 2011 by Martina Kurth, Norbert J. Scholz and Kamlesh Bhatia, “Market Share: Telecom Operations Management Systems (BSS, OSS and SDP), Worldwide, 2009-2010,” Connectiva Systems has a market share of 42 percent, nearly twice that of its closest competitor.
“With the rapid growth of the telecommunications market in the Middle East and Africa telecom operators constantly face new opportunities and challenges in revenue assurance and fraud management,” said Avi Basu, President and CEO of Connectiva Systems. “We enable our customers to meet these needs through our portfolio of analytics-based products and services. We believe that the Gartner rankings affirm the effectiveness of our approach and product portfolio.”
About Connectiva Systems
Connectiva Systems is a revenue management software company whose solutions enable telecom, media and utility companies to reduce revenue leakage, minimize fraud, lower churn, improve operational effectiveness and increase overall profitability.
Leading global service providers ranging from 2 million to 100+ million subscribers and in a variety of segments across mobile, cable, wireline and business services have partnered with Connectiva to identify and recover more than $500 million in revenue leakage. Connectiva has won numerous awards and has been consistently recognized as a thought leader in revenue management.
Headquartered in New York City, the company is privately held and has offices in Bonn, Dubai, Kolkata, Kuala Lumpur, Lagos, London, Manama, Mexico City, New Delhi and Singapore.