 "TEOCO Accelerates Expansion In India")
Global analytics service provider TEOCO announced their growth plans for India. Atul Jain, CEO and Chairman of the US based company, traced TEOCO’s success story and its growing India connection.
Established in 1995, and one of the fastest growing companies in its segment with a presence across North America, Israel, Europe, Australia and India, TEOCO provides analytical solutions to telecom service providers worldwide. TEOCO has been ranked by Deloitte’s Technology Fast 500 as the one of the 500 fastest growing technology companies in North America for three consecutive years.
Close on the heels of its acquisition of the radio access network (RAN) optimisation leader Schema in 2012, TEOCO is actively looking to acquire another international company in the telecom software space that could strengthen its presence in India. Prior to acquiring Schema, TEOCO successfully acquired TTI Telecom, a leading service assurance solutions provider headquartered in Israel, for $58 million in 2010.
Speaking about TEOCO’s plans for India Atul Jain said, “We see the immense potential that India offers, both in terms of product innovation and talent. We hope to harness the best industry resources available in India as we chalk our expansion plans for the future. Being of Indian origin, I am proud to be back to strengthen our presence in a rapidly developing India which needs to give wings to its young and talented industry leaders. We hope to keep developing our portfolio of products and solutions to offer the best services to our customers.”
Jain added that TEOCO is all set to increase its focus in the Asia-Pacific (APAC) region. “Our products in network fault and performance management, RAN optimisation, and telecom big data analysis could be immensely valuable ‘cost and performance’ differentiators for telecom service providers in this region”, he said.
When asked what could be the biggest game-changer in telecom, Jain said that big data analytics offered tremendous opportunities. “Telecom devices and appliances are capable of continually gathering massive volumes of data, but, till recently, the industry had not fully leveraged this ability to extract the valuable information embedded in such rich data. We know how to play innovatively with this data to provide better BI solutions. We have done it for the largest telecom carries in North America, crunching many hundreds of terabytes of data”, he explained.
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