TEOCO
TEOCO is a privately held telecom software vendor based in Fairfax, Virginia in the United States.
Privately held company | |
Industry | Telecommunications |
Genre | Software |
Founded | 1994 |
Founder | Atul Jain |
Headquarters | Fairfax, Virginia, United States |
Area served | Worldwide |
Key people | Atul Jain, Chairman & CEO Philip Giuntini, Vice Chairman & President Avi Goldstein, CFO |
History
Teoco was founded in 1995, and is based in Fairfax, Virginia, USA. The company's name is an acronym derived from 'The Employee Owned Company'. It has grown through acquisition, which has enabled it to add new solutions to its portfolio, as well as new customers and territories. In October 2009, TA Associates completed a $60 Million dollar minority investment in TEOCO.[1] In 2014 it employed 1,300 people and had revenues of approximately $175 million.[2]
Acquisitions
- 2002 - Respond Networks, a provider of lead management solutions[3]
- 2008 - Vero Systems, a margin management and Least-cost routing solutions vendor[4]
- 2010 - TTI for $58 million[5]
- 2013 - Aircom, a provider of network design and optimisation software and solutions[6]
- 2017 - CETECOM's US Mobile Communications Testing Services (CTS MC) subsidiary[7]
- 2017 - PreClarity, a provider of data processing and analytics solutions[8]
- 2019 - CIQUAL Limited, a vendor of quality of experience (QoE) solutions[9]
Products
TEOCO provides invoice business process outsourcing, consultancy, cloud, and support services.
In February 2020, TEOCO announced HELIX 11, the latest version of its service assurance platform.[10]
Business Solutions
TEOCO's Business Solutions are a range of analytics solutions. The products are focused either on the network or the device and include:
- Analytics Platform
- Financial analytics
- Cost management
- Business Services Revenue assurance
- Routing Management
- MVNO Analytics
- Trunk and Circuit Analytics
- On-device Analytics
- Digital Analytics
RAN Solutions
TEOCO's RAN Solutions address planning and configuration, optimisation and analytics. These tools help communications service providers maintain quality of service (QoS) and reduce CAPEX.
- Network planning
- Network optimization
- Network Services
- Configuration management
- Drone Connectivity
- Network analytics
Service Assurance
TEOCO's Service Assurance Solutions cover performance, fault and service management and include:
- Fault management
- Performance management
- Service management
- Service Assurance Analytics
- Fault analytics as a service (FaaST)
- NOC/SOC Solutions
TEOCO in the News
In 2008, Razorsight, a revenue and cost optimisation vendor was ordered to pay TEOCO $4.5 million for stealing TEOCO's intellectual property.[11]
TEOCO was involved in the Iowa Utilities Board, and subsequent FCC ruling in Qwest communication's Traffic pumping case.[12] TEOCO, a supplier to Qwest of cost and revenue management solutions, used its technology to capture and analyze five years of call detail records to help solidify the case and determine damages.[13]
References
- BusinessWire (2009). "ITA Associates Completes $60 Million Minority Investment in TEOCO". EarthTimes.
- "Bootstrapping a $175 million Business With Services, Teoco CEO Atul Jain". SRAMANAMITRA. 19 October 2014.
- "TEOCO Corporation Acquires Respond Networks". Silicon India. 17 December 2002.
- "TEOCO Acquires Vero Systems". Business Wire Press Release. 1 October 2008.
- "TEOCO buys TTI". Globes. 9 June 2010.
- "TEOCO Buys Up Aircom". Telecoms.com. 21 November 2013.
- "TEOCO buys a slice of Cetecom, Bolsters IOT Strategy". LightReading. 11 July 2017.
- "TEOCO Buys PreClarity to Enhance Analytics Offering". CommsRisk. 21 February 2017.
- "TEOCO Acquires QoE Measurement Firm Ciqual". The Fast Mode.
- "Service assurance platform updated for speed, built-in analytics, lower infrastructure costs, and better visualisation". Vanilla Plus. 17 February 2020.
- "Razorsight Steals From TEOCO Pays $45m". Commsrisk. 22 May 2008.
- "FCC Daily Releases".
- "Pumpers in Iowa Lose Big".