St Petersburg, Russia — March 22, 2019: Nexign, a leading Business Support System (BSS) and Internet of Things (IoT) platform provider, today announced that it is a finalist for TM Forum’s 2019 Excellence Awards in the Operational Transformation and Agility Award and the CTO of the Year Award categories. The Excellence Awards program honors the world’s leading companies for their innovative achievements spanning digital transformation, business and IT agility, customer centricity, cross-industry partnering and collaboration, and product and service innovation.
TM Forum’s 2019 Excellence Awards attracted nominations from leading communications service providers, suppliers and vendors from around the world. An annual awards program in its thirteenth year, the Excellence Awards highlight companies that demonstrate commitment to the evolution of the industry through digital transformation, adoption of best practices and standards that TM Forum delivers through their Collaboration Community.
Nexign has been recognised for its BSS deployment that supports the digital transformation of MegaFon, a pan-Russian communications service provider (CSP) that operates across all segments of the telecommunications market, with more than 76 million subscribers. Nexign’s end-to-end BSS stack is built to meet the operator’s digital monetisation demands based on DevOps, CI/CD-based methodologies. It delivers a unified digital experience framework, omnichannel sales and care, partner ecosystem enablement and network monetisation capabilities through its industry leading rating and charging engine. With a cloud compliant vision, architectural openness and TCO optimisation, Nexign’s stack supports dual-speed architecture to ease legacy-to-cloud transitions that are particularly important for digital transformation projects in emerging regions.
Loukas Tzitzis, Nexign’s Chief Products and Marketing Officer has also been named a finalist in the CTO of the Year Award category. Loukas has spearheaded the design and launch of Nexign’s new product portfolio for CSPs seeking to become digital service providers (DSPs). These products include Nexign Digital BSS, Nexign Network Monetisation Suite and Nexign IoT Platform. Loukas was also instrumental in establishing the partnership with Bubbletone and subsequently, introducing to the market the industry’s first blockchain-driven BSS solution. In addition to his product and technology responsibilities, Loukas was the driver of the company’s successful rebranding in 2018 and the building of strategic relationships on a global scale.
“Congratulations to the finalists of the TM Forum Excellence Awards 2019. As ever, the quality of the competition this year was incredibly high,” said Nik Willetts, CEO, TM Forum. “With 5G fast approaching and pressure to digitally transform intensifying, it’s great to see these organizations pave the way for change and transformation. We’re excited and proud to work alongside these TM Forum members to deliver new and innovative solutions that will shape the industry in years to come.”
“We are delighted to be recognised as a finalist for the TM Forum 2019 Excellence Awards, particularly for the project with MegaFon, where the two companies worked, not just as a vendor and client, but as one team with one set of goals to help the CSP achieve its strategic initiatives.’’ said Loukas Tzitzis, Chief Products and Marketing Officer at Nexign. ‘’Nexign has always had openness at the heart of its culture and development efforts and we consider TM Forum as a strategic platform―beyond compliance to the eTOM, TAM, SID frameworks, we fully align with TM Forum’s emphasis on Open APIs and collaboration, as two of the critical success factors for our industry. We firmly believe that digital partnership ecosystems, together with creation and delivery of an outstanding customer experience across DSP’s own and partner products, will be at the core of DSP strategies.”
TM Forum will announce the winners of the Excellence Awards during a special ceremony at Digital Transformation World on Monday, May 13th, 2019. Winners will also receive recognition during the opening keynote perspectives session on Tuesday, May 14th, 2019. The TM Forum Excellence Awards 2019 are judged by an independent panel comprised of leading industry and subject matter experts.
Nexign (formerly Peter-Service), a leading Business Support System (BSS) and Internet of Things (IoT) platform provider, has been delivering pragmatic, value-driven solutions focused on customers’ total cost of ownership since 1992. As communications service providers become digital service providers, Nexign accelerates their transformation through engineering excellence and agile products and services that facilitate revenue-stream diversification. Nexign takes pride in its partner-centric approach to working with customers. For more than 27 years, the company has delivered on its promise of unlocking value in the short-term while ensuring customers’ investment are future-proof and support long-term growth.
Headquartered in St. Petersburg, Nexign employs 1,800 people in offices through Russia, the Commonwealth of Independent States, Southeast Asia, the Middle East and Africa. The company has delivered more than 120 projects across 14 countries and had revenue of $200 million in 2018, an increase of 63 percent over 2017. For more information, please visit the website and follow the latest news from Nexign on Twitter, Facebook and LinkedIn.
About TM Forum
TM Forum is an association of over 850 member companies’ customers across 180 countries. We drive collaboration and collective problem-solving to maximize the business success of communication and digital service providers and their ecosystem of suppliers around the world. Today, our focus is on supporting members as they navigate their unique digital transformation journeys, providing practical and proven assets and tools to accelerate execution and platforms to facilitate collaborative problem solving and innovation. Learn more at www.tmforum.org.
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