Stratecast | Frost & Sullivan Report Shows WeDo Technologies Leads Global CSP Financial Assurance Market
Commended for the second consecutive time with the leading share of a highly competitive market
Lisbon– 25th January 2017 Based on its recent analysis report of the Communication Service Provider (CSP) Financial Assurance market, leading consultancy and research analyst firm Stratecast | Frost & Sullivan has named WeDo Technologies as the sole recipient of its 2016 Stratecast Global Market Leadership Award in CSP Financial Assurance. WeDo Technologies was commended by Stratecast for leading the highly competitive global Financial Assurance market for the second consecutive time.
The market share leadership award follows Stratecast’s extensive analysis of the CSP Financial Assurance market, examining more than 46 global suppliers of Financial Assurance solutions (consisting of Revenue Assurance, sometimes also called Profit Protection or Loss Prevention, Fraud Management, and Margin Assurance).
“When a company is recognized as the leader of a highly competitive market such as the CSP Financial Assurance market,” commented Troy Morley, Operations, Orchestration, Data Analytics & Monetization (ODAM) Strategy Analyst at Stratecast | Frost & Sullivan, “this provides a level of proof that the company is also well regarded by its customers. Maintaining this high regard with a diverse customer base—WeDo Technologies has over 170 customers in 96 countries—is a challenge, but a challenge that the company has not only met, but exceeded.”
“We’re delighted to be recognized once again by Stratecast | Frost & Sullivan as the leader in Financial Assurance,” said Rui Paiva, CEO and Founder, WeDo Technologies. “The report recognizes our leading share position, as well as our growth potential, and through our focused and continued investment in R&D, we are constantly evolving at a rapid pace to ensure that our solutions are one step ahead in preventing threats that attack our customers’ profitability.”
By providing software that intelligently analyses, monitors, controls, manages, operates and optimizes large quantities of data from across the organization, WeDo Technologies excels in maximizing Revenue Assurance and Fraud Management delivery solutions, that minimize, or even negate, operational and business inefficiencies, allowing CSPs to achieve significant financial returns.
WeDo Technologies is focusing on the latest threats and market challenges, by continuously delivering highly efficient Risk Management Software Solutions, to CSPs looking to manage risk issues. WeDo Technologies supports these needs through a solid service offering, as well as SaaS delivery models.
The full report: “Global CSP Financial Assurance 2016 Edition: Market Forecast, Market Share Analysis, and Supplier Assessment,” can be downloaded here.
Stratecast collaborates with our clients to reach smart business decisions in the rapidly evolving and hyper-competitive Information and Communications Technology markets. Leveraging a mix of action-oriented subscription research and customized consulting engagements, Stratecast delivers knowledge and perspective that is only attainable through years of real-world experience in an industry where customers are collaborators; today’s partners are tomorrow’s competitors; and agility and innovation are essential elements for success. Contact a Stratecast Account Executive to engage our experience to assist you in attaining your growth objectives.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents.
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 180 telecommunications operators from more than 96 countries, through almost 600 highly skilled professionals.
Revenue Assurance, sometimes also called Profit Protection or Loss Prevention and Fraud Management, are the domains where WeDo Technologies - through its software and services - has become recognized as a constant innovator and true worldwide market leader.
WeDo Technologies’ shareholder, Sonae Group, is the biggest private non-financial employer in Portugal, with about 40,000 employees and presence in more than 60 countries. For more information, including an excerpt of the above mentioned report, just fill the form above!
Find us on Twitter @WeDoNews
Inez Corrêa de Sá
PR & Corporate Communications – WeDo Technologies
m: +351 939650788