TEL AVIV, Israel, November 28, 2016 /PRNewswire/ --
RADCOM Ltd. (NASDAQ: RDCM), today announced that it has joined the Open Source MANO (OSM) community, which is focused on delivering an open source Management and Orchestration (MANO) stack aligned with ETSI Information Models to advance the adoption of Network Functions Virtualization (NFV). OSM is a service provider led community that includes; Telefónica, Bell Mobility, British Telecom, PT Portugal SGPS SA, SK Telecom, Sprint and Telenor.
"RADCOM is excited to be part of a community that is collaborating to enable the transformation to virtualized networks," said Mr. Tomer Ilan, RADCOM's Senior Director of Product Management. "Providing an open source MANO will accelerate this transformation as it creates an open, standards-based orchestration environment that covers both Resource and Service Orchestration to allow automated deployment and interconnection of all components, both for NFV network scenarios and the management of Network Service lifecycles; delivering network automation, service agility and significant OPEX and CAPEX savings."
As a leading NFV service assurance vendor, RADCOM is engaged with the community to improve service assurance orchestration by embedding this functionality into OSM. This tight assimilation between MANO and service assurance opens a whole new level of automation and agility:
- On-demand probing so that a virtual probe will be automatically deployed and configured when a new service is launched or a new network element added
- Horizontal and vertical scaling so that when network traffic fluctuates, additional resources or virtual probes can be added or deducted as and when needed; all without human intervention.
Tight integration of the service assurance stack under OSM, will also allow a Service Provider to monitor customer experience and service performance whatever the traffic load, while also maintaining efficient use of resources and delivering a more agile network.
By developing a common information model to describe the network services that can be deployed, the OSM community will create a standard for the automated deployment and the management of network service lifecycles so Service Providers can focus on delivering agile and cost efficient services across their NFV network. More information can be found on the ETSI portal page: http://osm.etsi.org
RADCOM (NASDAQ: RDCM) is a first-mover and leading provider of NFV-ready service assurance and customer experience management solutions for Communications Service Providers (CSPs). RADCOM's software - MaveriQ - continuously monitors network performance and quality of services, to optimize user experience for CSPs' subscribers. RADCOM specializes in solutions for next-generation mobile and fixed networks, including LTE, VoLTE, IMS and others. MaveriQ enables CSPs to smoothly migrate their networks to NFV by assuring physical, NFV-based and hybrid networks. For more information, please visit http://www.radcom.com.
Risks Regarding Forward-Looking Statements
Certain statements made herein that use words such as "estimate," "project," "intend," "expect," "'believe", "may", "might", "predict", "potential", "anticipate", "plan" or similar expressions are intended to identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws. For example, when the Company discusses its 2016 revenue guidance range, expected opportunities, pipeline and growth and deployment, extension of relationships with AT&T and becoming the go-to solution for NFV operators it is using forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties that could cause the actual results, performance or achievements of the Company to be materially different from those that may be expressed or implied by such statements, including, among others, changes in general economic and business conditions and specifically, decline in the demand for the Company's products, inability to timely develop and introduce new technologies, products and applications, and loss of market share and pressure on prices resulting from competition. For additional information regarding these and other risks and uncertainties associated with the Company's business, reference is made to the Company's reports filed from time to time with the United States Securities and Exchange Commission. The Company does not undertake to revise or update any forward-looking statements for any reason.
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SOURCE RADCOM Ltd.