MOUNTAIN VIEW, Calif., Sept. 13, 2016 /PRNewswire/ -- Based on its recent analysis of the communications service provider (CSP) billing marketplace, Stratecast | Frost & Sullivan recognizes Huawei Technologies with the 2016 Stratecast Global Market Leadership Award in CSP Billing for the Mediation Market. This Market Leadership award is given each year by Stratecast to the company that has demonstrated excellence by capturing the largest market share within the global CSP billing mediation segment. Huawei leads this market, and continues to grow at a year-over-year rate much higher than the overall billing mediation market.
"The global CSP billing market is very competitive, with over 100 suppliers worldwide," said Troy Morley, Operations, Orchestration, Data Analytics & Monetization (ODAM) Strategy Analyst at Stratecast | Frost & Sullivan. "To lead a market segment like billing mediation where there are 50 suppliers of mediation functionality is impressive; to top that segment for three assessments in a row is even more so. Additionally, Huawei has increased its market share from 20% to 22% since the last assessment."
Huawei offers a full complement of billing, policy, customer, and partner management solutions that span all segments of CSP billing. In addition to leading the billing mediation segment, Huawei ranks amongst the leaders in every segment of CSP billing. Most of the functionality modules that define Huawei's billing solution are contained within the Huawei Convergent Billing Solution (CBS), including the Huawei Mediation module.
Huawei Mediation delivers convergent mediation capabilities that support any service, on any network. Designed for ease of configuration and management, the solution includes pre-built interfaces, templates, and a web-based configuration platform to simplify integration with new network elements, services, and downstream systems. Huawei Mediation is built on a rules-based engine that allows configuration of any step in the end-to-end mediation processing flow. The solution features centralized operations management for monitoring, dealing with exceptions, and reporting.
Huawei has achieved success in the global CSP mediation market by winning new CSP customers each year, and by expanding its billing solution capabilities with existing customers. Stratecast expects Huawei's success to continue in the months to come, and for the company to keep on building its core solution strengths in every segment of billing, including mediation.
Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis and extensive secondary research to identify best practices in the industry.
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.
Huawei is a leading global information and communications technology (ICT) solutions provider. Our aim is to enrich life and improve efficiency through a better connected world, acting as a responsible corporate citizen, innovative enabler for the information society, and collaborative contributor to the industry. Driven by customer-centric innovation and open partnerships, Huawei has established an end-to-end ICT solutions portfolio that gives customers competitive advantages in telecom and enterprise networks, devices and cloud computing. Huawei's 170,000 employees worldwide are committed to creating maximum value for telecom operators, enterprises and consumers. Our innovative ICT solutions, products and services are used in more than 170 countries and regions, serving over one-third of the world's population. Founded in 1987, Huawei is a private company fully owned by its employees. For more information, please visit Huawei online at www.huawei.com.
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