Fortress Solutions Named Leading Market Share Vendor for the North American Telecommunication Third-Party Repair Market
PLANO, Texas, Jan. 28, 2019 /PRNewswire/ -- Fortress Solutions has become the leading market share vendor for the North American Telecommunications Third-Party Equipment Repair Market, according to a new report by Exact Ventures, an independent market intelligence firm. The Third-Party Equipment and Services Market enables network service operators, such as Verizon, AT&T, CenturyLink, and others, to extend the life of legacy equipment that cannot be easily decommissioned and still plays a very critical role in delivering important and profitable services.
"Third-party repair remains an important and growing resource for operators to extend the life of network infrastructure, that cannot be easily and profitably decommissioned," said Greg Collins, Founder Exact Ventures. "Firms like Fortress Solutions, that continually invest in innovative solutions, will likely experience growth that will outpace that of the market," he stated.
The new market report by Exact Ventures, previously updated in 2015, makes note of significant market changes. The transformation of legacy products that are being phased-out in favor of software-based products that operate within software defined, virtual or cloud-based networks, is in full swing and accelerating. This transformation has caught many vendors unprepared and the market has seen a shift in the key market players. While some have decreased their market penetration, key players like Fortress Solutions have capitalized on their expertise and knowledge and is now the top vendor in terms of both revenue and in the number of repairs in the third-party repair and return market.
"In 2012, Fortress Solutions was in seventh place on overall market share in the Third-Party Telecom Equipment Repair Market. In six years, we have become the dominant player in repair and now a top three player in Third-Party CTAC (Carrier Technical Assistance Center) space and the Carrier Logistics Market. The credit goes to our amazing staff and all the dedicated employees that make Fortress Solutions a great place to work," stated Brendon Mills, CEO of Fortress Solutions.
Download the report to keep reading and discover how the evolving telecommunication business models are changing and how key players in in the industry are responding.
About Fortress Solutions
Fortress Solutions is the #1 market share provider of product lifecycle repair and logistics services for the telecommunication and cable equipment markets. With over 30 years of experience, Fortress has built a reputation as a top supplier for service providers who demand high quality product repair, certification and logistics services. FortressOne, an integrated service offering provides an alternative to costly OEM support programs. FortressOne services include: hardware repair, CTAC – product technical support, hardware advance replacement, hardware sparing, and reverse logistics management.
Fortress Solutions is headquartered in Plano, Texas with facilities in Leesburg, Florida and Lenexa, Kansas. Please visit the Fortress Solutions website at www.fortsol.com.
Stay connected with Fortress Solutions:
Facebook: Facebook.com/fortresssolutions
Twitter: @Fortsol
LinkedIn: LinkedIn.com/company/fortress-solutions
Media Contact
Morgan Brown
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214.453.5600
Fortress Solutions
214.453.5600
[email protected]
SOURCE Fortress Solutions
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