Welcome!

Agile Computing Authors: Xenia von Wedel, Sanjay Zalavadia, Elizabeth White, Dana Gardner, Kevin Benedict

Blog Feed Post

WeDo Technologies launches RAID 7.0 and sets new global benchmark for revenue assurance and fraud management software

RAID 7.0 to combat profit pitfalls of next generation telecoms

Lisbon / London / Washington - February 7th, 2013 - Today WeDo Technologies, a worldwide leader in Revenue and Business Assurance, has announced the latest major release of its proven software suite, RAID. This launch coincides with WeDo Technologies' 12th anniversary, after the company was founded on February 7th 2001.

The pace of change affecting Communication Service Providers (CSPs) is only set to increase over the next few years. Changes are coming from all different angles and include new business models, new network technologies, radically new subscriber offerings or new charging, billing and customer care methodologies. Add to this the fact that CSPs are also faced with making changes and information systems migrations quickly in order to remain competitive and unfortunately this environment creates an opportunity for profit pitfalls.

This new major release, launched three years after RAID 6.0 and resulting from a continuous high R&D investment, sets a new global benchmark that the company believes will have a major impact on the market.

  • RAID 7.0 delivers a complete ENTERPRISE BUSINESS ASSURANCE SOFTWARE SUITE designed to serve the revenue assurance and fraud management departments - areas where the product has become a global leader since 2009 - but, at the same time, also extend it to other different control functions and departments such as enterprise risk management, internal auditing, compliance, security or management control, thus supporting true Enterprise Business Assurance.

  • Bridging analytics from various departments, RAID 7.0 also provides the capability to visually link strategic objectives by mapping risk indicators to KPIs running on RAID available through its BALANCED SCORECARD FRAMEWORK AND BUSINESS SENSORS, helping managers, CFOs and other C-Level executives to make more informed decisions to continually drive and monitor the business.

  • With RAID 7.0, USER EMPOWERMENT reaches a new groundbreaking level bringing a radically new interface to improve how business users of all levels and departments interact with it by delivering software that is revolutionary but at the same time easy to use.

  • WeDo Technologies was the first Revenue Assurance vendor to bring MOBILITY to this space over a year ago with an iPhone app version of the RAID dashboard. RAID 7.0 expands this approach by broadening the dashboard capability to other mobile devices and tablets by making use of its new Responsive Web Design principle. It provides dashboards that turn complex monitoring processes into simple and visually enhanced experiences by tracking, analyzing and presenting data in a digestible and illustrative form, improving efficiency and productivity while on the move and saving businesses both time and money.

  • This new major release also extends the product built-in business logic and adds NEW FAST DEPLOYMENT PACKAGES that address specific industry challenges while making it up to 25% faster to deploy. These packages have been developed in line with industry standards and best practices making it even more flexible to support and integrate with new services and technologies.

"In a world where massive amounts of raw data are readily available but where actionable information is rare, making sense of data is vital. With RAID, we knew we were starting from a very high ground but we wanted to raise the bar even higher. So we redesigned RAID to empower users, to provide them with even more powerful tools to analyze and shape their business data, to visualize and extract the value of data" commented João Resende, Vice President of Product Development, WeDo Technologies. "We believe RAID 7.0 is a huge breakthrough for the WeDo Technologies' team and its customers. RAID 7.0 will provide CSPs with best in class software to address the ever increasing number of challenges that they face on a daily basis such as LTE, machine to machine or mobile money Business Assurance challenges, to ultimately improve their bottom line and customer service", Resende concluded.

WeDo Technologies will once again be attending the GSM Association's Mobile World Congress from 25th-28th February. The company will be in Hall 7 on stand 7B94 and will be demonstrating this new major release of its Business Assurance RAID software.

To see a video and find out more information about RAID 7.0 visit:
http://www.wedotechnologies.com/raid7.

- ends -

About WeDo Technologies
WeDo Technologies is a worldwide leader in Enterprise Business Assurance, providing software and expert consultancy, to intelligently analyze large quantities of data from across an organization helping to negate or minimize operational or business inefficiencies and allowing businesses to achieve significant return on investment via revenue protection and cost savings.

WeDo Technologies works with some of the world's leading blue chip companies from the retail, energy and finance industries, as well as more than 140 telecommunications operators from more than 80 countries, through almost 500 highly-skilled professionals.

WeDo Technologies is owned by the largest non-financial Portuguese group - Sonae Group which has 61,000 employees in 18 countries. As well as telecommunications, the group is active in Retail, Real State, TMT, the Wood industry and other business areas.

Revenue and Business Assurance, sometimes also called Profit or Revenue Protection, are the domains where WeDo Technologies - through its Software and Services - has become recognized as a constant innovator and true market leader.

For more information, visit: http://www.wedotechnologies.com/ or follow us on Twitter @WeDoNews.

Contacts for WeDo Technologies:
Charlie Hamilton / Sarah James
[email protected]
+44 (0) 207 751 4444

Read the original blog entry...

More Stories By RealWire News Distribution

RealWire is a global news release distribution service specialising in the online media. The RealWire approach focuses on delivering relevant content to the receivers of our client's news releases. As we know that it is only through delivering relevance, that influence can ever be achieved.

@ThingsExpo Stories
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
SYS-CON Events announced today that Bsquare has been named “Silver Sponsor” of SYS-CON's @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. For more than two decades, Bsquare has helped its customers extract business value from a broad array of physical assets by making them intelligent, connecting them, and using the data they generate to optimize business processes.
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, wh...
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterpri...
Connected devices and the industrial internet are growing exponentially every year with Cisco expecting 50 billion devices to be in operation by 2020. In this period of growth, location-based insights are becoming invaluable to many businesses as they adopt new connected technologies. Knowing when and where these devices connect from is critical for a number of scenarios in supply chain management, disaster management, emergency response, M2M, location marketing and more. In his session at @Th...
It is one thing to build single industrial IoT applications, but what will it take to build the Smart Cities and truly society changing applications of the future? The technology won’t be the problem, it will be the number of parties that need to work together and be aligned in their motivation to succeed. In his Day 2 Keynote at @ThingsExpo, Henrik Kenani Dahlgren, Portfolio Marketing Manager at Ericsson, discussed how to plan to cooperate, partner, and form lasting all-star teams to change t...
The cloud market growth today is largely in public clouds. While there is a lot of spend in IT departments in virtualization, these aren’t yet translating into a true “cloud” experience within the enterprise. What is stopping the growth of the “private cloud” market? In his general session at 18th Cloud Expo, Nara Rajagopalan, CEO of Accelerite, explored the challenges in deploying, managing, and getting adoption for a private cloud within an enterprise. What are the key differences between wh...
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo Silicon Valley Call for Papers is now open.
There is little doubt that Big Data solutions will have an increasing role in the Enterprise IT mainstream over time. Big Data at Cloud Expo - to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA - has announced its Call for Papers is open. Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is...
In his general session at 18th Cloud Expo, Lee Atchison, Principal Cloud Architect and Advocate at New Relic, discussed cloud as a ‘better data center’ and how it adds new capacity (faster) and improves application availability (redundancy). The cloud is a ‘Dynamic Tool for Dynamic Apps’ and resource allocation is an integral part of your application architecture, so use only the resources you need and allocate /de-allocate resources on the fly.
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life sett...
Machine Learning helps make complex systems more efficient. By applying advanced Machine Learning techniques such as Cognitive Fingerprinting, wind project operators can utilize these tools to learn from collected data, detect regular patterns, and optimize their own operations. In his session at 18th Cloud Expo, Stuart Gillen, Director of Business Development at SparkCognition, discussed how research has demonstrated the value of Machine Learning in delivering next generation analytics to imp...
There are several IoTs: the Industrial Internet, Consumer Wearables, Wearables and Healthcare, Supply Chains, and the movement toward Smart Grids, Cities, Regions, and Nations. There are competing communications standards every step of the way, a bewildering array of sensors and devices, and an entire world of competing data analytics platforms. To some this appears to be chaos. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, Bradley Holt, Developer Advocate a...
Cognitive Computing is becoming the foundation for a new generation of solutions that have the potential to transform business. Unlike traditional approaches to building solutions, a cognitive computing approach allows the data to help determine the way applications are designed. This contrasts with conventional software development that begins with defining logic based on the current way a business operates. In her session at 18th Cloud Expo, Judith S. Hurwitz, President and CEO of Hurwitz & ...
SYS-CON Events announced today that ReadyTalk, a leading provider of online conferencing and webinar services, has been named Vendor Presentation Sponsor at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. ReadyTalk delivers audio and web conferencing services that inspire collaboration and enable the Future of Work for today’s increasingly digital and mobile workforce. By combining intuitive, innovative tec...
Amazon has gradually rolled out parts of its IoT offerings, but these are just the tip of the iceberg. In addition to optimizing their backend AWS offerings, Amazon is laying the ground work to be a major force in IoT - especially in the connected home and office. In his session at @ThingsExpo, Chris Kocher, founder and managing director of Grey Heron, explained how Amazon is extending its reach to become a major force in IoT by building on its dominant cloud IoT platform, its Dash Button strat...
industrial company for a multi-year contract initially valued at over $4.0 million. In addition to DataV software, Bsquare will also provide comprehensive systems integration, support and maintenance services. DataV leverages advanced data analytics, predictive reasoning, data-driven diagnostics, and automated orchestration of remediation actions in order to improve asset uptime while reducing service and warranty costs.
Vidyo, Inc., has joined the Alliance for Open Media. The Alliance for Open Media is a non-profit organization working to define and develop media technologies that address the need for an open standard for video compression and delivery over the web. As a member of the Alliance, Vidyo will collaborate with industry leaders in pursuit of an open and royalty-free AOMedia Video codec, AV1. Vidyo’s contributions to the organization will bring to bear its long history of expertise in codec technolo...