Business Wire

MATRIXX Software Success Attracts Telco Veterans, Appoints Five Strategic Advisors

Share

MATRIXX Software, the global leader in 5G digital commerce solutions for communication service providers (CSPs), today announced the appointment of five strategic advisors with deep experience in building high growth telecom technology companies. These industry veterans will help MATRIXX develop strategies to further expand its leadership in powering 5G deployments for telecom operators worldwide.

Global leaders such as Vodafone, Swisscom, Verizon and Orange rely on MATRIXX for cloud native digital commerce solutions to radically increase operational agility, grow customer engagement and compete at web scale. The need for CSPs to compete at web scale has never been stronger as the rapid emergence of 5G is ushering in new business and operating models for operators and their enterprise customers.

“5G will support a new category of services for the enterprise market that most CSPs will be ill-equipped to effectively monetize using their existing charging systems,” explained John Abraham, Principal Analyst at Analysys Mason, “In the short to medium term, CSPs will invest in new convergent charging platforms, shifting away from complex and expensive-to-maintain monolithic frameworks. Cloud-native compliant, configurable, standards-based products that deliver exceptional architectural agility will become a key consideration in how CSPs procure systems in the future.”

As the only solution provider committed to delivering a configurable out of the box product, MATRIXX has emerged as the disruptor in the BSS and Charging markets. MATRIXX enters the 5G era powered by an impressive Compound Annual Growth Rate (CAGR) in Annual Contract Value (ACV) of more than 40% over the last four years as well as 100% customer retention. MATRIXX’s continued success in the market has attracted the talent of new advisors to further the Company's operational evolution and brand leadership.

“These five individuals bring exceptional depth and breadth to an already world-class team. Their expertise spans successful startups, CSPs and established networking companies,” said Glo Gordon, CEO MATRIXX Software. “As we enter into our hyper-growth phase, each will contribute a wealth of knowledge and experience to support MATRIXX’s scale.”

She continued, “Demand for our digital commerce solution has never been higher. Network teams deploying 5G know that what has worked in the past will not work in the future. Competitive dynamics, new enterprise opportunities and network agility are exponentially higher with 5G and that is why CSPs are choosing MATRIXX as their charging system partner. It’s an incredible time for us and I’m delighted that they have chosen to join us on our journey.”

Strategic Advisory Board
MATRIXX is excited to welcome the following to its strategic advisory board:

  • Hassan Ahmed – Founder, Former CEO and Chairman of Affirmed Networks, recently acquired by Microsoft. Prior to Affirmed, Hassan served as Chairman and CEO of Sonus Networks (Nasdaq:SONS). Before Sonus, he was EVP and GM of the Core Switching division of Ascend Communications (Nasdaq: ASND) and VP Engineering and Chief Technology Officer of Cascade Communications (Nasdaq: CSCC). Hassan has also held key leadership positions at Motorola and Analog Devices.
  • Daniel Collins – Co-Founder and CTO of Jasper Technologies and former CTO of Cisco IoT Business Unit after Cisco acquired Jasper in 2016 for $1.4B. Daniel is an experienced leader and author in the telecommunications space. Prior to Jasper, Daniel held senior positions with Alcatel, TeleworX and Ericsson and was instrumental in successfully launching new, category-defining technologies globally, including 3G and the Internet of Things.
  • Heinz Herren – Former CTO, CIO and current Executive Board Member of Swisscom. Heinz has also lent his expertise to many well-known companies by participating on their Board of Directors or Investment Committees, including Cablex Ltd, Swisscom Broadcast, Park Innovaare Ltd., Swiss Innovation, tiko Energy Solutions, and Credit Suisse.
  • Cliff Johnson – Former Senior Vice President of Jasper Technologies and Vice President Global IoT Service Operations at Cisco after Jasper was acquired in 2016. Prior to Jasper, Cliff was VP and Head of Customer Support Operations at Ericsson North America and also led operations for start-up Spatial Wireless acquired by Alcatel.
  • Macario Namie – Currently Chief Marketing Officer at ASAPP. Previously Macario was head of Strategy for the Internet of Things business unit at Cisco and CMO and Vice President of Strategy for Jasper Technologies. A Silicon Valley veteran with significant startup experience, Macario has also held senior leadership positions at Webex, ePeople, and Lycos.

Global CSPs are choosing MATRIXX for their 5G deployments as they realize that new ways to compete will require new technology partners. Legacy architectures simply do not enable the agility necessary to meet dynamically changing market demand for new offers and services. MATRIXX’s digital commerce solution is built for the future:

  • Cloud-native, patented technology designed for web scale
  • Click, not code configurations to support CI/CD
  • API-first architecture

Learn more about the agility that global CSPs have achieved at www.matrixx.com/customers.

About MATRIXX Software

MATRIXX Software provides next-generation, cloud native digital commerce solutions that transform how companies do business. Serving many of the world’s largest communications companies, IoT players and emerging digital service providers, MATRIXX is committed to delivering a modern commerce platform that easily scales to support global marketplaces and consumption-based services. Through its relentless commitment to product excellence and customer success, MATRIXX empowers businesses to reinvent themselves and succeed as digital leaders.

Contact information

Jennifer Kyriakakis
mediainquiry@matrixx.com

About Business Wire

Business Wire
Business Wire



Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Axway named a Leader in Gartner 2020 Magic Quadrant for Full Life Cycle API Management. For the fifth time.29.9.2020 03:05:00 CESTPress release

Axway (Euronext: AXW.PA), a leading provider of API Management and integration software, today announced it has been positioned by Gartner in the Leaders quadrant of the Gartner 2020 Magic Quadrant for Full Life Cycle API Management.¹ This is the fifth time Axway has been positioned as a Leader. “When it came to the quality of their support and strategic partnership, Axway really stood out from the crowd,” said Chris Hengst, Lead API Architect/API Evangelist, HM Health Solutions. “As well as satisfying all our core technical criteria around API governance, discovery and developer self-service, Axway went above and beyond to help us succeed.” “We believe this evaluation validates the importance of an open API platform like AMPLIFY to help companies create new customer, partner, and employee experiences that drive business growth,” said Patrick Donovan, Axway CEO. “This announcement comes on the heels of Axway being named a Leader in The Forrester Wave™: API Management Solutions Q3 2020.

Epic Fantasy 3DMMORPG Forsaken World: Gods and Demons Open for Pre-registration Today28.9.2020 15:00:00 CESTPress release

Forsaken World: Gods and Demons is an open-world fantasy MMORPG on an incredible scale. Dive into a world of never-ending adventure where treasure and glory awaits the victor. Raid a dragon's lair, search for lost artifacts, or kick back, relax and catch some fish in between epic adventures. The world around you will be influenced by your in-game decisions, with a storyline that allows you to determine the future of Calindor. Leave your mark and become a legend! This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200928005293/en/ Pre-register now on the App Store and Google Play (Graphic: Business Wire) Endless Character Customization Change your class at any time and specialize your character just the way you want it. Mix and match abilities and talents to fit your combat style, and customize your appearance to bring out the true you, right down to the facial expression. No two players are the same in FW: GD. A Stunning World Im

Rimini Street Celebrates 15 Years of Delivering Client Success28.9.2020 15:00:00 CESTPress release

Rimini Street, Inc. (Nasdaq: RMNI), a global provider of business software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced that September marks the 15th anniversary of the Company’s founding in 2005 to redefine the enterprise software support market. The Company set out to deliver a premium, ultra-responsive support model, and bring choice and value to software licensees around the world. Since its inception, Rimini Street has continually set the premium standard on what Oracle and SAP licensees should expect from their support experience. The Company is responsible for delivering a long history of innovative “firsts” for the enterprise software support market, including guaranteed ultra-responsive SLA’s, support for customizations at no additional cost, support for at least 15 years without required upgrades or updates and saving clients nearly $5 billion in total maintenance and support cos

Hyprevention Raises New Financing to Commercialize Spinal Implant Product V-STRUT© in the USA.28.9.2020 14:55:00 CESTPress release

Hyprevention has raised new financing to support the V-STRUT© Vertebral Implant product. The financing will be used to execute the commercialization plans for the US spinal fracture market. The V-STRUT© Vertebral Implant is indicated for use in the treatment of vertebral fractures. In May 2019, a US patent was granted for V-STRUT© and in March 2020, the device received FDA-510(k) clearance. “We are delighted that our existing investors have shown confidence in our product development efforts and commercialization plans for the US market by increasing their investment in the company,” says Cecile Vienney, CEO. The Hyprevention team has entered into a commercial relationship with DAWA Medical and has received several orders for the product from enthusiastic customers. DAWA Medical, a regional distributor of medical products, will promote sales in Florida, Illinois, Texas and Oklahoma. In addition to DAWA the company is in discussion with other commercial partners to bring the innovative

Mavenir acquires ip.access to expand OpenRAN radio portfolio for CSPs and Enterprise Private Networks28.9.2020 14:00:00 CESTPress release

Mavenir, a leading provider of end-to-end cloud-native Network Software Provider for Communications Service Providers (CSPs) announces today that it has acquired ip.access Ltd, a leading 2G, 3G, 4G and 5G-ready small cell solutions provider. This acquisition extends Mavenir’s leadership in OpenRAN radio on three fronts: Communication Service Providers: Adding 2G and 3G capabilities to the OpenRAN portfolio Enterprise: Adding a full suite of enterprise radio solutions for Mavenir’s Private Network offerings, including OnGo/CBRS certified solutions Nontraditional Networks: Leveraging market leading software defined vRAN solutions for Aviation, Maritime, Rural and Remote networks with next generation solutions in the air, on land and at sea. “Operators are looking to transform their 2G/3G networks as they migrate to 4G and 5G,” said Pardeep Kohli, President and CEO, Mavenir. “We expect to provide a seamless, multi radio access technology single RAN offering for those operators that allows

PCI Pharma Services Introduces First-of-its-Kind Digital Platform to Provide Clients with Real-Time Supply Chain Data and Analytics28.9.2020 12:00:00 CESTPress release

PCI Pharma Services (PCI), a leading pharmaceutical and biopharmaceutical global outsourcing solutions provider today announced the launch of pci | bridge, an innovative digital platform that will give customers immediate visibility into their clinical and commercial supply chain, and provide instantaneous data and insights to inform decision-making. Created using an agile development process whereby key clients collaborated and provided input, PCI built an industry-leading digital interface that delivers greater transparency to clients – saving time and resources to ultimately help bring life-changing therapies to patients faster. The launch of pci | bridge is one of many initiatives that PCI has undertaken to incorporate digital transformation as core to its business strategy. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200928005059/en/ pci | bridge digital platform logo (Photo: Business Wire) “At PCI, we are always loo

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom