|By Business Wire||
|July 1, 2014 11:27 PM EDT||
CSG International, (NASDAQ: CSGS), a global provider of interactive transaction-driven solutions and services, today announced that CSG Intermediate 7, has been chosen as a TMC Communications Solutions 2014 Product of the Year Award winner.
CSG Intermediate™ is one of the most trusted mediation solutions in the world. It boasts more than 200 global installations and processes more than 26 billion events per day. Intermediate captures and processes customer usage events of all kinds from any delivery network for top industry leaders in telecommunications, financial services, logistics, and government and addresses all of the critical functions commonly associated with sophisticated communications networks such as LTE. These functions include simplifying the integration of charging and policy systems with complex, multivendor LTE networks and reducing the cost to scale real-time charging systems as they grow to support increasing mobile data volumes.
“It gives me great pleasure to honor the recipients of the 2014 Communications Solutions Product of the Year Award,” said Rich Tehrani, chief executive officer of TMC. “As true leaders in their respective industries, these honorees represent the best-of-the-best products and solutions available on the market today.”
CSG Intermediate is renowned for its low cost of ownership and superior processing performance through its use of proven, reliable hardware and software. The implementation of Intermediate as an online charging system failure gateway has become a particularly attractive offering to CSG clients because of its ability to mitigate the need for costly custom configurations.
“The trend we continue to see in all markets, whether emerging or established, is the need to standardize solutions across the enterprise,” said Ken Kennedy, chief technology officer of CSG. “Mediation applications like CSG Intermediate allow operators to absorb deployment costs incrementally and make the most of their investments in network ecosystems, which lower long-term technology ownership and operational costs.”
CSG Intermediate identifies and aggregates even those real-time usage events that are not chargeable or otherwise free to end-users. Efficient aggregation shields downstream systems, particularly prepaid charging systems, from processing unnecessary data volumes, which in turn saves throughput, hardware resources, and software costs. By using an intelligent mediation solution like CSG Intermediate, operators can better manage network assets, the events that flow across their networks, and the cost of maintaining existing back-office systems.
For more information about the Communications Solutions 2014 Product of the Year Awards, please visit: http://news.tmcnet.com/news/2014/06/23/7890108.htm.
About CSG International
CSG Systems International, Inc. (NASDAQ:CSGS) is a market-leading business support solutions and services company serving the majority of the top 100 global communications service providers, including leaders in fixed, mobile, and next-generation networks such as AT&T, Comcast, DISH, Orange, Reliance, SingTel Optus, Telecom New Zealand, Telefonica, Time Warner Cable, T-Mobile, Verizon, Vivo, and Vodafone. With more than 30 years of experience and expertise in voice, video, data, and content services, CSG International offers a broad portfolio of licensed and Software-as-a-Service (SaaS)-based products and solutions that help clients compete more effectively, improve business operations and deliver a more impactful customer experience across a variety of touch points. For more information, visit our website at www.csgi.com.
TMC is a global, integrated media company that supports clients' goals by building communities in print, online, and face to face. TMC publishes multiple magazines and produces a variety of trade events. For more information about TMC, visit www.tmcnet.com. Please visit http://customer.tmcnet.com for more information.
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