Click here to close now.

Welcome!

Agile Computing Authors: Sematext Blog, Liz McMillan, Baruch Sadogursky, Ed Featherston, Elizabeth White

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
The world is at a tipping point where the technology, the device and global adoption are converging to such a point that we will see an explosion of a world where smartphone devices not only allow us to talk to each other, but allow for communication between everything – serving as a central hub from which we control our world – MediaTek is at the heart of both driving this and allowing the markets to drive this reality forward themselves. The next wave of consumer gadgets is here – smart, connected, and small. If your ambitions are big, so are ours. In his session at @ThingsExpo, Jack Hu, D...
17th Cloud Expo, taking place Nov 3-5, 2015, 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 enterprises are using some form of XaaS – software, platform, and infrastructure as a service.
The recent trends like cloud computing, social, mobile and Internet of Things are forcing enterprises to modernize in order to compete in the competitive globalized markets. However, enterprises are approaching newer technologies with a more silo-ed way, gaining only sub optimal benefits. The Modern Enterprise model is presented as a newer way to think of enterprise IT, which takes a more holistic approach to embracing modern technologies.
The true value of the Internet of Things (IoT) lies not just in the data, but through the services that protect the data, perform the analysis and present findings in a usable way. With many IoT elements rooted in traditional IT components, Big Data and IoT isn’t just a play for enterprise. In fact, the IoT presents SMBs with the prospect of launching entirely new activities and exploring innovative areas. CompTIA research identifies several areas where IoT is expected to have the greatest impact.
There's no doubt that the Internet of Things is driving the next wave of innovation. Google has spent billions over the past few months vacuuming up companies that specialize in smart appliances and machine learning. Already, Philips light bulbs, Audi automobiles, and Samsung washers and dryers can communicate with and be controlled from mobile devices. To take advantage of the opportunities the Internet of Things brings to your business, you'll want to start preparing now.
P2P RTC will impact the landscape of communications, shifting from traditional telephony style communications models to OTT (Over-The-Top) cloud assisted & PaaS (Platform as a Service) communication services. The P2P shift will impact many areas of our lives, from mobile communication, human interactive web services, RTC and telephony infrastructure, user federation, security and privacy implications, business costs, and scalability. In his session at @ThingsExpo, Robin Raymond, Chief Architect at Hookflash, will walk through the shifting landscape of traditional telephone and voice services ...
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at Internet of @ThingsExpo, James Kirkland, Chief Architect for the Internet of Things and Intelligent Systems at Red Hat, described how to revolutioniz...
The security devil is always in the details of the attack: the ones you've endured, the ones you prepare yourself to fend off, and the ones that, you fear, will catch you completely unaware and defenseless. The Internet of Things (IoT) is nothing if not an endless proliferation of details. It's the vision of a world in which continuous Internet connectivity and addressability is embedded into a growing range of human artifacts, into the natural world, and even into our smartphones, appliances, and physical persons. In the IoT vision, every new "thing" - sensor, actuator, data source, data con...
All major researchers estimate there will be tens of billions devices - computers, smartphones, tablets, and sensors - connected to the Internet by 2020. This number will continue to grow at a rapid pace for the next several decades. With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo, June 9-11, 2015, at the Javits Center in New York City. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be
SYS-CON Events announced today that MetraTech, now part of Ericsson, has been named “Silver Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9–11, 2015, at the Javits Center in New York, NY. Ericsson is the driving force behind the Networked Society- a world leader in communications infrastructure, software and services. Some 40% of the world’s mobile traffic runs through networks Ericsson has supplied, serving more than 2.5 billion subscribers.
The 4th International Internet of @ThingsExpo, co-located with the 17th International Cloud Expo - to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA - announces that its Call for Papers is open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
SYS-CON Events announced today that O'Reilly Media has been named “Media Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9–11, 2015, at the Javits Center in New York City, NY. O'Reilly Media spreads the knowledge of innovators through its books, online services, magazines, and conferences. Since 1978, O'Reilly Media has been a chronicler and catalyst of cutting-edge development, homing in on the technology trends that really matter and spurring their adoption by amplifying "faint signals" from the alpha geeks who are creating the future. An active participa...
We’re entering a new era of computing technology that many are calling the Internet of Things (IoT). Machine to machine, machine to infrastructure, machine to environment, the Internet of Everything, the Internet of Intelligent Things, intelligent systems – call it what you want, but it’s happening, and its potential is huge. IoT is comprised of smart machines interacting and communicating with other machines, objects, environments and infrastructures. As a result, huge volumes of data are being generated, and that data is being processed into useful actions that can “command and control” thi...
There will be 150 billion connected devices by 2020. New digital businesses have already disrupted value chains across every industry. APIs are at the center of the digital business. You need to understand what assets you have that can be exposed digitally, what their digital value chain is, and how to create an effective business model around that value chain to compete in this economy. No enterprise can be complacent and not engage in the digital economy. Learn how to be the disruptor and not the disruptee.
Buzzword alert: Microservices and IoT at a DevOps conference? What could possibly go wrong? In this Power Panel at DevOps Summit, moderated by Jason Bloomberg, the leading expert on architecting agility for the enterprise and president of Intellyx, panelists will peel away the buzz and discuss the important architectural principles behind implementing IoT solutions for the enterprise. As remote IoT devices and sensors become increasingly intelligent, they become part of our distributed cloud environment, and we must architect and code accordingly. At the very least, you'll have no problem fil...
There's Big Data, then there's really Big Data from the Internet of Things. IoT is evolving to include many data possibilities like new types of event, log and network data. The volumes are enormous, generating tens of billions of logs per day, which raise data challenges. Early IoT deployments are relying heavily on both the cloud and managed service providers to navigate these challenges. In her session at Big Data Expo®, Hannah Smalltree, Director at Treasure Data, discussed how IoT, Big Data and deployments are processing massive data volumes from wearables, utilities and other machines...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo in Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th 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 an...
The worldwide cellular network will be the backbone of the future IoT, and the telecom industry is clamoring to get on board as more than just a data pipe. In his session at @ThingsExpo, Evan McGee, CTO of Ring Plus, Inc., discussed what service operators can offer that would benefit IoT entrepreneurs, inventors, and consumers. Evan McGee is the CTO of RingPlus, a leading innovative U.S. MVNO and wireless enabler. His focus is on combining web technologies with traditional telecom to create a new breed of unified communication that is easily accessible to the general consumer. With over a de...
Disruptive macro trends in technology are impacting and dramatically changing the "art of the possible" relative to supply chain management practices through the innovative use of IoT, cloud, machine learning and Big Data to enable connected ecosystems of engagement. Enterprise informatics can now move beyond point solutions that merely monitor the past and implement integrated enterprise fabrics that enable end-to-end supply chain visibility to improve customer service delivery and optimize supplier management. Learn about enterprise architecture strategies for designing connected systems tha...
From telemedicine to smart cars, digital homes and industrial monitoring, the explosive growth of IoT has created exciting new business opportunities for real time calls and messaging. In his session at @ThingsExpo, Ivelin Ivanov, CEO and Co-Founder of Telestax, shared some of the new revenue sources that IoT created for Restcomm – the open source telephony platform from Telestax. Ivelin Ivanov is a technology entrepreneur who founded Mobicents, an Open Source VoIP Platform, to help create, deploy, and manage applications integrating voice, video and data. He is the co-founder of TeleStax, a...