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Press Releases

cVidya to deploy Revenue Assurance Solution at Tier 1 North American Communications Service Provider
London, UK, July 6, 2010 – cVidya, a global leader and innovative provider of Revenue Intelligence solutions for telecom, media and entertainment service providers, announced today that a large tier 1 North American communications service provider, has selected cVidya MoneyMap® technology to provide a comprehensive, enterprise-wide, revenue assurance solution for monitoring services and operations. MoneyMap® is part of cVidya’s Integrated Revenue Intelligence Solutions (IRIS®) Suite.  
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cVidya Integrates its Revenue Assurance and Fraud Management offering
London, June 23rd, 2010 – cVidya Networks (http://www.cvidya.com/), a global leader and innovative provider of Revenue Intelligence solutions for telecom, media and entertainment service providers, announced today the launch of an integrated version of its FraudView® and MoneyMap® modules, both key components of the IRIS (Integrated Revenue Intelligence Solutions) suite.  
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cVidya Wins Global Telecoms Business Award for its Dealer Management Deployment at Vodafone D2 Germany
London, June 8, 2010 – cVidya Networks (http://www.cvidya.com), a global leader and innovative provider of Revenue Intelligence solutions for telecom, media and entertainment service providers, have been awarded today the ‘Supply Chain Innovation Award’ at the 2010 Global Telecoms Business Awards ceremony. The award was given in recognition of cVidya’s implementation of DealerMap® at Vodafone D2, Germany.  
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cVidya Wins Price Plan Analytics Project for Tier 1 Mobile Operator in Western Europe
London, May 17, 2010 – cVidya Networks (http://www.cvidya.com/), a global leader and innovative provider of Revenue Intelligence solutions for telecom, media and entertainment service providers, announced today that they have won a Price Plan optimization project for a Tier 1 mobile operator in Europe. As part of the project cVidya will deploy BusinessView®, a Margin Analytics solution, which is part of their IRIS® suite.  
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cVidya Appoints Ron Halpern as Executive Vice President of Global Sales
London, May 5, 2010 – cVidya Networks, (http://www.cvidya.com/) a global leader and innovative provider of Revenue Intelligence solutions for Telecom, Media and Entertainment service providers, has today announced the appointment of Ron Halpern as Executive Vice President of Global Sales. Mr. Halpern has over twenty years of experience in senior and executive sales management roles in the telecommunications and software industries worldwide.  
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cVidya leads the Revenue Assurance Coverage Model Catalyst at TM Forum Management World in Nice
London, UK, April 27, 2010 -cVidya Networks, (http://www.cvidya.com/) a global leader and innovative provider of Revenue Intelligence solutions for communication media and entertainment service providers, is leading a large team of vendors championed by service providers that defines and develop a revenue assurance coverage model, complemented by automated decision analytics for revenue assurance; supporting budget allocation and optimization.  
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cVidya Ranks 7th in Calcalist's ‘Top 50 Most Promising High- Tech Companies for 2010’
London, April 26, 2010 – cVidya Networks (http://www.cvidya.com), a global leader and innovative provider of Revenue Intelligence solutions for telecom, media and entertainment service providers, has been ranked 7th in Calcalist’s ‘Top 50 Most Promising High-Tech Companies for 2010’.  
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cVidya Nominated as Finalist for Two Categories of The TeleManagement Forums’ Excellence Awards 2010
London, April 22, 2010 – cVidya Networks, (http://www.cvidya.com/) a global leader and innovative provider of Revenue Intelligence solutions for Telecom, Media and Entertainment service providers, announced today that they have been nominated for two categories in The TM Forums 2010 Excellence Awards.  
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cVidya Launches Integrated Revenue Intelligence Solutions (IRIS®) Suite - A Complete Solution that Enables Telecom Service Providers to Improve Their Bottom Line
London, UK, March 15th, 2010 – cVidya Networks (http://www.cvidya.com/), a global leader and innovative provider of Revenue Intelligence solutions for telecom, media and entertainment service providers, announced today the launch of its Integrated Revenue Intelligence Solutions (IRIS®) suite. With the acquisition of ECtel, cVidya is consolidating the product portfolios of both companies and now offers fraud management and margin analytics in addition to revenue assurance.  
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cVidya Networks to Showcase its Extended Solution Portfolio at Mobile World Congress in Barcelona
London, UK, February 11, 2010 – cVidya Networks, (http://www.cvidya.com/) a global leader and innovative provider of Revenue Intelligence solutions for communication media and entertainment service providers, announced today that it will be showcasing their extended product portfolio at Mobile world congress in Barcelona,Spain from February 15 through 18, 2010. Upon the acquisition of Ectel the company product portfolio is extended to cover fraud management and marketing analytics solutions. cVidya will be exhibiting in Hall 4 level 1, stand 4.1HS01 at the IMA Premium Meeting Pavilion.  
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cVidya chosen by Frost and Sullivan's Stratecast as one of the of the ‘10 Rat Pack Global OSS/BSS suppliers To Watch in 2010.’
London, UK, February 9th, 2010 – cVidya Networks, (http://www.cvidya.com/) a global leader and innovative provider of Revenue Intelligence solutions for communication media and entertainment service providers, announced today that it was selected by Frost and Sullivan’s Stratecast as one of the ‘10 Rat Pack Global OSS/BSS suppliers To Watch in 2010.’  
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cVidya Networks Completes Acquisition of ECtel
London, UK, January 13, 2010 – cVidya Networks, (www.cvidya.com) a global leader and innovative provider of Telecom Revenue Assurance and Dealer Management products, announced today that it has completed the acquisition of ECtel LTD., a leading provider of Integrated Revenue Management™ (IRM®) solutions for communication service providers, in a cash transaction amounting to $21 million. The combined company shall remain private and operate under the cVidya name. The acquisition of ECtel positions cVidya as the leading global vendor in the Revenue Intelligence category, in terms of market share, revenues, installed base and product portfolio.  
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cVidya leads the Mobile Content and Advertising Revenue Management Catalyst Project at Management World Americas
London, UK, December 7, 2009 -cVidya Networks, a global leader and innovative provider of Telecom Revenue Assurance and Dealer Management products, will be leading the “Mobile Content and Advertising Revenue Management” catalyst project at the TeleManagement Forum’s Management World America 2009, held between December 8 - 10 in Orlando, Florida. The Management World Americas 10th annual conference will focus on how to launch new business models and deliver vital efficiencies and new service revenues  
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German ISP 1&1 Internet Chooses cVidya’s Revenue Assurance Product for Partner Invoice Reconciliation
London, UK, November 16th 2009 – cVidya Networks, a global leader in Telecom, Revenue Assurance and Dealer Management systems, announced today that 1&1 Internet (www.1and1.com), the world’s largest Web host by known servers and a leading ISP in Germany, has deployed cVidya’s revenue assurance product for partner invoice reconciliation. The software will enable 1&1 to more efficiently identify and manage disputable charges in inter-carrier invoices between their own organization and network and infrastructure owners.  
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cVidya Networks Wins Deloitte Technology Fast 50 Rising Star Award
London, UK, November 1st, 2009 – cVidya Networks, a global leader and innovative provider of Telecom Revenue Assurance and Dealer Management products, announced today that it has been awarded the Deloitte Technology Rising Star Award for 2009. The Rising Star award is a special designation for fast-growth companies that show massive revenue growth.  
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cVidya enters merger agreement to acquire ECtel
London, UK, October 22, 2009 – cVidya Networks, a global leader and innovative provider of Telecom Revenue Assurance, Data Integrity and Dealer Management products, announced today that it has entered into a definitive merger agreement for the acquisition of ECtel Ltd. (NASDAQ: ECTX) (“ECtel”), a leading provider of Integrated Revenue Management™ (IRM®) solutions for communications service providers, in a cash transaction valued at $21 million (less transaction expenses of approximately $430,000).  
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Arve Johansen Former Deputy CEO and Head of Asia operations of Telenor joins cVidya’s Advisory board
London, UK, October 5th, 2009 – cVidya Networks, a leading provider of Revenue Assurance and Dealer Management solutions, announced the appointment of former Deputy CEO of Telenor, Mr. Arve Johansen to the cVidya’s Advisory board.  
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Stratecast paper identifies cost savings for Telecoms industry by plugging inter-carrier revenue leakage
London, 29 September 2009: A new paper published by Stratecast, a division of Frost & Sullivan, in conjunction with revenue assurance solutions provider cVidya, has revealed potential cost savings service providers and operators can achieve if they address the issue of inter-carrier revenue leakage. In the wholesale market, inter-carrier revenue leakage represents approximately 3 to 5 per cent of service provider’s total costs for traditional voice products, and in the range of 7 to 11 per cent for broadband products  
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cVidya Launches breakthrough solution for Partner Invoice Reconciliation, EZTrust for Telecoms Industry
London, July 1st, 2009:cVidya, a leading provider of revenue assurance and dealer management solutions, has today announced the launch of EZTrust, a system which has been developed to manage contractual disputes between network operators and service providers.  
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cVidya Networks awarded the prestigious Global Telecoms Business Innovation Award in “Billing Service Innovation”
London, UK, June 29th 2009 – cVidya Networks, a leading provider of Revenue Assurance and Dealer Management solutions, has announced that is has been awarded the prestigious Global Telecoms Business (GTB) Innovation Award for “Most Innovative Project within Billing Services” at an awards ceremony held in London.  
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TM Forum survey indicates that low deployment rate of Revenue Assurance tools is one of the major reasons for lower RA maturity
London, UK, June 23rd 2009 – cVidya Networks, a leading provider of Revenue Assurance and Dealer Management solutions, announced today the findings of a recently released Revenue Assurance Maturity Survey conducted by the TM Forum.  
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cVidya and Netezza Deliver Robust Revenue Assurance Solution
cVidya Networks, the leading provider of revenue and cost assurance solutions to communications service providers worldwide, and Netezza Corporation (NYSE: NZ - News), the global leader in data warehouse and analytic appliances, today announced a complete, usage-based revenue assurance solution based on cVidya’s MoneyMap® and the Netezza data warehouse platform.  
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cVidya Networks appoints Eran Wagner as President of its North American operations
Palo Alto, California, US, May 18th, 2009

cVidya Networks, a global leader in Revenue Assurance and Dealer Management Systems, has today announced the appointment of Mr. Eran Wagner as President of the North American Regional Operations. Based in Palo Alto, California, USA, Mr. Wagner will lead the Company’s activities in the region.
 
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cVidya exhibits at TeleManagement Forum’s Management World 2009
cVidya Networks, a global leader of Revenue Assurance and Dealer Management Systems, will be participating at the TeleManagement Forum’s Management World 2009, held between May 4 - 8 in Nice, France.  
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MTN South Africa deploys cVidya’s MoneyMap® Revenue Assurance solution
cVidya Networks, a global leader of Revenue Assurance and Dealer Management Systems, announced today that MTN’s South African operating unit, one of the largest wireless carriers in South Africa, has selected cVidya Networks with HP South Africa as system integrator to provide a full Revenue Assurance solution.  
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cVidya nominated for the TM Forum 2009 Excellence Awards
cVidya Networks, a global leader of Telecom Data Integrity, Revenue Assurance and Dealer Management systems, announced today that it has been the only Revenue Assurance supplier shortlisted for the TM Forum 2009 Excellence Awards.  
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cVidya deploys MoneyMap® Revenue Assurance solution at Antel Uruguay
cVidya Networks a global leader of Telecom Data Integrity, Revenue Assurance and Dealer Management systems, announced today that Antel, Uruguay state owned telecommunication service provider, has signed an agreement for implementation of cVidya's MoneyMap® suite solution over its operation in Uruguay.  
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cVidya’s Zero-Risk MoneyMap Express™ Guaranteed To Reclaim Incremental Revenue Leakage
cVidya today announced MoneyMap Express™, a unique zero-risk revenue-assurance package for fast assessment and reclamation of revenue leakage. Following successful implementations in Europe, MoneyMap Express™ is now being launched for North American telecommunications service providers  
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Vodafone D2 Germany deploys cVidya’s Dealer Commission Verification solution
cVidya Networks, a global leader of Telecom Data Integrity, Revenue Assurance and Dealer Management systems, announced today that Vodafone Germany has signed an agreement for implementation of cVidya's Data Integrity and DealerMap® Commission Verification solution.  
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Operators recover only a third of total identified revenue leakages
cVidya Networks, a global leader and innovative provider of Telecom Revenue Assurance Data Integrity and Dealer Management products, announced the findings of the first Revenue Assurance Benchmark Study report carried out in collaboration between the TM Forum and cVidya Networks and based on the TM Forum’s 10 standard KPI methodology. The study included 14 communications service providers from 5 continents, most with a relatively high RA maturity level.  
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July 14, 2008
London, UK,– July 14th cVidya Networks, a global leader of telecom data integrity revenue assurance and dealer management systems, announced today that Dr. Gadi Solotorevsky cVidya Chief Scientist has been re-elected for the 3rd consecutive year to the TMF Advisory Board as an advisory director  
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June 16, 2008
cVidya Networks,announced today that it has won the World Billing Awards 2008 in the Best Revenue Assurance and Management Project category at Billing & Information Management Systems (BIMS) 2008 in which deployments were evaluated based on their Effectiveness to enhance data quality and business processes that improves profits, revenues and cash flows.  
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June 4, 2008
cVidya Networks finalizes a managed services project for a tier 1 operator in Asia
The project resulted in reduction of 90% in leakage with in the first 3 months
 
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Feb 26, 2008
cVidya Opens New Office in the US.
New Chicago office will manage all sales activities in North America
 
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Feb 6, 2008
cVidya closes Round C funding for 12 Million Dollars
Battery Ventures is leading the round along with Carmel, Hyperion, Stage One and Star Ventures
 
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October 31, 2007
Cable & Wireless International Expands cVidya Networks Revenue Assurance Deployment  
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October 16, 2007
HP Adds Capabilities to Revenue Leakage Control Solution with Technology from cVidya Networks  
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October 8, 2007
cVidya Networks Launches Dealer Management Suite  
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July 16, 2007
cVidya Networks Leads Revenue Assurance KPI Standardization with KPIMap®  
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July 23, 2007
cVidya widens presence in Latin America  
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May 29, 2007
cVidya Networks Signs a Multimillion dollar UK Revenue Assurance Agreement with BT  
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May 22, 2007
cVidya Showcases Revenue Assurance Tool  
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Mar 19, 2007
cVidya Networks' Revenue Assurance solution brings rapid return on investment for major British service provider  
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Feb 05, 2007
cVidya Networks Launches Revenue Assurance Solution for Mobile Content  
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Nov 27, 2006
cVidya Selected as Finalist in European Venture Contest

Status places cVidya among top 18 of 500 participating companies
 
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Jan 30, 2007
cVidya Networks successfully completes implementation of MoneyMap®/Rating & Billing Verification at Swisscom Mobile  
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Oct 16, 2006
Bezeq International Selects cVidya Networks' MoneyMap® for Rating & Billing Verification  
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Nov 14, 2006
TV Cabo Selects cVidya to Provide Data Integrity Solution  
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Aug 21, 2006
freenet selects cVidya Networks' Money Map® Revenue Assurance Solution  
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Aug 29, 2006
cVidya Networks Appoints Ronen Tanami as COO
Former Amdocs officer brings additional experience in working with tier-1 operators
 
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Sept 18, 2006
cVidya Networks Advances Revenue Assurance Standardization through TMF Guidebook  
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Jul 17, 2006
Swisscom Mobile and cVidya Networks announced a partnership in the field of Revenue Assurance  
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Jul 10, 2006
COLT, a leading European provider of business communications, has purchased cVidya Networks' MoneyMap® as its Revenue Assurance solution for leased lines and data services  
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May 22, 2006
Revenue Assurace Key: A summary of the TMF IPTV catalyst project highlights the importance of revenue assurance for IPTV  
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May 15, 2006
cVidya Adds Rating and Billing Verification to MoneyMap®, Its Revenue Assurance Solution  
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May 9, 2006
cVidya Networks' Named Winner of the 2006 Red Herring 100 Europe Award  
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Apr 25, 2006
cVidya Networks’ Dr. Gadi Solotorevsky Appointed to Influential TeleManagement Forum Advisory Board  
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Mar 29, 2006
cVidya Networks Appoints Andreas Spousta as Sales Director for Central Europe  
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Jun 19, 2006
cVidya Networks announced today the availability of a solution for IPTV services based upon its flagship product MoneyMap®/Suite  
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Jan 16, 2006
Cable & Wireless Expands Use of cVidya's MoneyMap® with New Services and Global Reach.  
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Dec 12, 2005
Deutsche Telecom España Chairman, Felipe Fernandez Atela, Joins cVidya Advisory Board.  
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Dec 8, 2005
cVidya Networks Participated in a catalyst project with a team from the Telemanagement Forum (TMF) in which its MonyMap® software solution successfully helped to reduce the costs of implementing internal procedures essential for messuring compliance with the Sarbanes Oxly Act (SOX).  
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Oct 20, 2005
cVidya Networks announced today that it has recently opened an office in Lisbon, Portugal, expanding it's geographical and international reach.  
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Sep 20, 2005
cVidya Networks announced today that Cable & Wireless has selected cVidya’s MoneyMap revenue assurance solution  
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June 20, 2005
cVidya Networks, announced today that it has opened a new office in London, continuing its international expansion  
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June 7, 2005
Dittberner Associate, an established market research group with expertise in OSS/BSS completed the largest market research on Telecom Revenue Assurance & Cost Management Solutions. “cVidya is the leader in the data services revenue assurance market.”  
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June 7, 2005
cVidya Networks, announced today that the demonstration of the Revenue Assurance catalyst project at the TMW event in Nice, France was a success.  
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May 9, 2005
cVidya Networks announced today that they have teamed with Siemens Informatica - Siemens Business Services Group - a leading system integrator, to provide a joint revenue assurance solution to a major telecommunications carrier in Western Europe.  
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Feb 7, 2005
cVidya Networks, announced today that it will participate in TeleManagement Forum held on May 16th-19th, 2005 in Nice, France for the 4th year in a raw. Telecom Italy and Bezeq (The Israeli largest PTT).  
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Jan 20, 2005
cVidya Networks announced today that Israel’s largest national communications carrier – Bezeq, has selected cVidya MoneyMap Revenue Assurance platform for its data networks and services.  
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Dec 9, 2004
cVidya networks Ltd. today announced the opening of a new local office in Hong Kong, to extend its global reach and expand its local presence in the Asia Pacific region.  
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Nov 4, 2004
cVidya Networks won a 2nd place award in the "Exceptional Start Up in the Field of Telecommunication" - in Telecom Israel 2004. The contest is arranged by Matimop. The ceremony will take place on Tuesday November 9th during the conference day in Telecom Israel.  
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June 14, 2004
cVidya Networks, a software company that offers revenue and profit maximization services to Internet broadband providers, raised $7 million in its second round of financing. New investor Carmel Ventures led the round.  
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May 22, 2003
cVidya and Bezeq, the Israeli PTT, have presented together a Case Study, providing the audience a first hand experience of how to implement a Revenue Assurance solution in a DSL/ATM enviroment.  
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May 1, 2003
cVidya releases a new version and re-brands its BPM platform as MoneyMap/Platform, the new branding emphasis the major focus given in the new platform of the company towards revenue assurance solution especially designed towards broadband carries.  
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Feb 20, 2002
cVidya will demonstrate its revolutionary Business Performance Management system in TeleManagement Catalyst showcase taking place in Nice (May 13-16, 2002).  
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May 29, 2002
cVidya completes initial funding round of $3 million.Stage One Ventures and an US based venture capital fund participated in the round. Read the news item from Globes correspondent.  
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Oct 23, 2001
cVidya Presents its Optimizer R1.0 in TelemanagementWorld expo in Last Vegas as part of the award winning Catalyst project "SLA for IP Wireless Networks".  
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