Transverse Named "Cool Vendor" by Leading Analyst Firm
Vendors selected for the "Cool Vendor report" are innovative, impactful and intriguing
Austin, TX. - March 19, 2009 - Transverse, the leader in providing high-quality, low-cost, carriergrade Business Support Solutions (BSS), has been included in the list of "Cool Vendors" in the "Cool Vendors in Telecom Operations Management (TOM) 2009," report by Gartner, Inc. The report was written by Norbert Scholz and was published on March 12, 2009.
In the report Transverse is identified by Gartner as one of four TOM vendors worldwide who they consider to be at the cutting edge of telecom business support systems and operations support systems. The report features an analysis of Transverse and the company's BSS solution blee(p), and details why Transverse is considered to be a Cool Vendor. The report can be purchased through Gartner's website.
Transverse's flagship product, Business Logic Execution Environment Platform, or blee(p), is a web-based, on-demand, real-time, open source, back office support system that is a fully integrated telecom business management solution, from product catalog, mediation, rating, billing through customer care. blee(p) takes advantage of modern software and hardware capabilities to reduce complexity and total cost of ownership. It introduces a new way to deploy and manage back office functions and is aimed at helping service providers reduce the financial risks associated with rolling out new business models by aligning back office infrastructure with business goals. "Today's service providers are competing in saturated markets and many are experiencing flat or declining margins in this economic downturn and legacy back office software is often the bottleneck keeping them from being agile in the marketplace," said Jim Messer, president and CEO of Transverse. "A technology refresh of legacy, back-office systems is long overdue and our state-ofthe- art open source approach makes it easier and more cost effective for service providers to take advantage of new business models. We're pleased that Gartner has identified Transverse as a Cool Vendor. We're a company that can uniquely have an impact in addressing this industry-wide problem."
About Gartner's Cool Vendors Selection Process
Gartner's listing does not constitute an exhaustive list of vendors in any given technology area, but rather is designed to highlight interesting, new and innovative vendors, products and services. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness of a particular purpose.
Gartner defines a cool vendor as a company that offers technologies or solutions that are: Innovative, enable users to do things they couldn't do before; Impactful, have, or will have, business impact (not just technology for the sake of technology); Intriguing, have caught Gartner's interest or curiosity in approximately the past six months.
About Transverse
Transverse is an Austin Texas-based provider of business support systems. The company specializes in providing innovative solutions to complex business environments characterized by sophisticated ordering and fulfillment processes, subscription and usage based charging models, virtual / digital products, pre-paid billing authorization and micro-payments.
As a solutions company focused on tapping the value of SOA and web services architecture models, Transverse provides customers with greater business agility and business model innovation under a commercial open source model. The company’s core offerings include strategic architecture, application portfolio selection and assembly, billing, order management and customer care applications. For more information visit, www.gotransverse.com.
Press Contacts
Gilly Harris
Director of Marketing Communications
Transverse
512-355-1104 x104
gharris@gotransverse.com
