MOUNTAIN VIEW, Calif., Oct. 6, 2015 /PRNewswire/ -- Based on its recent analysis of the communications service provider (CSP) billing market, Stratecast | Frost & Sullivan recognizes Telarix with the 2015 Stratecast Global Market Leadership Award in CSP Billing for the Interconnect & Settlement Market. This Market Leadership award is given each year by Stratecast to the company that has demonstrated excellence by capturing the largest market share within the global CSP interconnect & settlement billing market segment. Telarix leads this market and continues to grow at a year-over-year rate higher than the overall interconnect & settlement market.
"Telarix focuses on what it calls interconnect business optimization, which aims to build efficient carrier-to-carrier relationships through a portfolio of wholesale solutions," said Troy Morley, Operations, Orchestration, Data Analysis & Monetization Strategy Analyst with Stratecast. "Telarix is in a unique position. Utilizing its deep knowledge of the interconnect & settlement space gained with iXTools, the company solved a fundamental business problem with iXLink--automated interconnect & settlement information exchange. Telarix now has essentially every global CSP as an iXLink member, giving it a major ongoing advantage in this market space."
Under the umbrella of iXTools, the iXConnect, iXRoute, iXTrade, iXBill, and iXAudit cluster of solutions provide CSPs with a comprehensive management, optimization, and settlement interface for their interconnect business. iXTools can be deployed using licensed, hosted, or Software as a Service (SaaS) models.
While the Telarix iXTools suite shares similarities with competitor offerings, the iXLink system is unlike anything else in the market today. An open, secure, global business information exchange, iXLink has secured its place as the de-facto information exchange tool in the interconnect & settlement landscape. More than 4,000 iXLink members generate in excess of 40 million iXLink-facilitated transactions per month.
Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.
About Telarix
With a community of over 4,000 carriers, Telarix is the de-facto standard in telecom electronic information exchange. Every day, we empower our clients with wholesale billing, business intelligence, fraud management, least-cost routing, and partner settlement solutions. For more information, visit us at www.Telarix.com.
About Stratecast
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 or email inquiries@stratecast.com.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies? Contact us: Start the discussion.
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