TORONTO, April 14, 2020 – Optiva Inc. (TSX: OPT), today announced that Truphone, a pioneering connectivity and eSIM technology provider, successfully migrated and deployed Optiva Charging Engine™ on Google Cloud. This migration and deployment sets a precedent in the telecom industry that transforms and modernizes charging.
“With Optiva Charging Engine built on Google Cloud, Truphone can accelerate our digital transformation and technological innovation journey,” said Ralph Steffens, CEO of Truphone. “We needed our online charging system (OCS) to be agile and robust, support rapid expansion and scale easily — all without diverting our IT operation’s focus.”
As a global mobile network operator providing mobile connectivity to consumer and IoT devices to over 3,500 multinational enterprises, Truphone is renowned for its technological breakthrough products offered worldwide. Aiming to liberate itself from telecom’s traditional IT approach of a heavily customized BSS stack, Truphone wanted a new, cost-effective productized solution to help them with their strategic growth objectives. Early results from the implementation of Optiva Charging Engine demonstrate the proven benefits of truly cloud-native software deployed on the public cloud.
“Telecommunications companies are increasingly adopting cloud technologies to transform their IT and network systems and we’re delighted that Optiva is helping customers succeed in this area,” said Chris Arisian, Director, Partnerships at Google Cloud. “Optiva’s work with Truphone is a great example of how organizations can digitally transform their infrastructure with Google Cloud while dramatically reducing their cost of ownership.”
When fully implemented, Truphone’s current on-premise OCS, along with its associated OCS testing and disaster recovery systems, will be replaced with one OCS in the public cloud that leverages the global consistency offered by Google Cloud. This results in an always-available and inherently redundant setup. Google’s offering of world-class telco-grade security, compliance standards and global-scale infrastructure were also key in Truphone’s decision to move to the public cloud. Truphone’s upgrade to public cloud also includes a multi-year support agreement with Optiva, which will further help Truphone maximize its value, monetization and results. It is estimated that the total cost of ownership savings from the move to the public cloud will be 60%.
“We are excited to announce one of the first successful deployments of the Optiva Charging Engine on Google Cloud Platform with Truphone,” said Danielle Royston, CEO of Optiva. “As promised, Truphone has realized huge TCO savings with their charging system — all which could be achieved only by migrating to the public cloud. We are delighted to work with such an innovative and forward-thinking organization as Truphone and cannot wait to see how our partnership continues to grow in the future.”
About Optiva Inc.:
Optiva Inc. is the leader in providing communication service providers (CSPs) worldwide with cloud-native revenue management software on the public cloud. MNOs and MVNOs can integrate our best-of-breed charging engine into a BSS stack or deploy our fully managed, end-to-end, SaaS platform. Optiva products offer unmatched speed, scale, security and savings. Our market knowledge, analytical insights and unique Customer Success Program ensure telecoms are equipped to achieve their strategic business goals. Established in 1999, Optiva Inc. is on the Toronto Stock Exchange (TSX: OPT). For more information, visit www.optiva.wpengine.com.
About Truphone:
Truphone believes that connectivity can be easier, smarter and more efficient. Since 2006, we have built state of the art SIM software, intuitive management platforms and a powerful global network to make this a reality. Every day, our technicians engineer better connections between things, people and business to make the world smarter. Headquartered in London, we have 15 offices across four continents and continue to expand globally. For more information, please go to www.truphone.com.
For additional information, please contact:
Optiva Media Contact:
Kristin Donelson
Optiva Investor Relations Contact:
Ali Mahdavi
investors-relations@optiva.com
Truphone Media Contact:
Oliver Pink, Head of Communications and PR, Truphone
+447983 571603
Optiva and Truphone Set Precedent and Deploy Cloud-Native Telecom Charging Solution on the Public Cloud
The results — an estimated 60% savings on their total cost of ownership and increased functionality, speed of deployment, faster time to market and scale of operation ten-fold — are industry changing.