23:18:15 EDT Thu 25 Apr 2024
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Redknee Solutions Inc
Symbol RKN
Shares Issued 261,652,353
Close 2018-02-21 C$ 1.04
Market Cap C$ 272,118,447
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Redknee becomes Google Cloud technology partner

2018-02-22 11:20 ET - News Release

Ms. Danielle Royston reports

OPTIVA IS NOW A TELCO-FOCUSED GOOGLE CLOUD TECHNOLOGY PARTNER

Redknee Solutions Inc. (doing business as Optiva) has become a Google Cloud technology partner.

"The work we are doing with Google Cloud is a game changer for CSPs, bringing to their BSS/OSS systems the speed, scalability and savings they need to win in their markets," said Danielle Royston, chief executive officer of Optiva. "We are incredibly excited to offer Google Cloud platform deployments to lower the total cost of ownership (TCO) across the board for our customers and to integrate an unparalleled database in Cloud Spanner, which offers incredible performance."

The company's work with Google Cloud demonstrates its anticipation of market trends around digital transformation, its focus on its customers' success and its investment in research and development to elevate its software. Optiva will kick off their partnership with Google Cloud at the 2018 Mobile World Congress Feb. 26 to March 1 in Barcelona, Spain, and jointly showcase two new innovations:

  • Optiva Charging Engine, with Google Cloud Spanner, increasing scalability and generating 10 times faster processing speed at one-10th the cost of Oracle databases.*
  • Optiva revenue management suite, delivering 80-per-cent lower TCO when deployed on Google Cloud platform, when compared with on-premise Optiva deployments.
  • Optiva is also offering the 10-times challenge -- an opportunity for customers using Optiva Charging Engine or Redknee Unified to see a 10-times performance improvement in their own environments with their own data, using Cloud Spanner and Google Cloud platform. This proof of concept is available at no cost to customers.**

* Based on internal testing by Optiva.

** Subject to terms and conditions.

About Redknee Solutions Inc. (doing business as Optiva Inc.)

Optiva monetizes today's digital world for communications service providers. Its portfolio of subscriber management software enables real-time billing, charging, policy management and user experience functionality that is mission critical for its customers' growth and innovation.

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