OR YEHUDA, Israel, November 21, 2017 /PRNewswire/ --
FTS, a global provider of billing solutions, today announced it has improved its position in Gartner's 2017 Magic Quadrant for Integrated Revenue and Customer Management for CSPs compared to the previous year.
FTS has improved its position based on both of the Magic Quadrant axes, Completeness of Vision and Ability to Execute, according to Gartner's evaluation of FTS' IRCM products, including FTS Billing, FTS Policy Control and FTS express.
FTS provides convergent billing, charging and policy control solutions for the telecoms, IoT, MVNO, mobile money and payments processing industries. FTS' partner management tools support these industries' growing B2B needs, enabling personalized, multi-partner billing and settlements and rapid on-boarding of new partners.
"Over the past year, we have completed a number of significant new customer acquisitions and deployments in Latin America and Africa, as well as offering new solutions for the Fintech and mobile money sectors and making some substantial product updates," commented Avi Kachlon, FTS' CEO. "We believe our improved position in this Gartner Magic Quadrant compared to the previous year reaffirms our ability to provide flexible and cost-effective BSS solutions in the telecom sector and beyond."
According to the Gartner report, "[The authoring analysts] rate solutions that provide billing, customer care, rating, charging, pricing, partner relationship management, policy management, mediation, self-service, analytics and other related functions. Target buyers are communications service provider CIOs".
 Gartner, "Magic Quadrant for Integrated Revenue and Customer Management for CSPs," Norbert J Scholz, Jouni Forsman, Amresh Nandan, 23 October 2017
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Notes to Editors
FTS, part of the Magic Software Group, works with telecommunications, content and payment service providers globally to help them manage complex transactions and relationships with greater flexibility and independence. FTS provides turnkey mobile and MVNO solutions, including core network elements, real-time billing and VAS systems. Analyzing every transaction from a business standpoint, FTS offers its end-to-end and add-on solutions to customers worldwide, and services both growing and major providers. FTS serves the mobile, wireline, broadband, MVNO/E, payments, e-commerce, M2M and the Internet of Things, mobile money, cable, cloud and content markets. FTS' solutions dramatically lower the total cost of ownership (TCO) for telecoms and content service providers. For more information, visit http://www.fts-soft.com and follow FTS on Twitter @FTS_Billing.
For further information, please contact:
Joshua PR: Kate Gordon, Tel. +44-7980-921961, firstname.lastname@example.org
FTS: Moshe Peterfreund, Tel. +972-9-952-6500, email@example.com