WeDo Technologies to Showcase Business Assurance Marketplace Catalyst at TMF Asia

Information Technology Press Releases Monday November 12, 2018 16:00
WASHINGTON--12 Nov--PRNewswire/InfoQuest

WeDo Technologies - worldwide leader in revenue assurance and fraud management - will be showcasing the Open AI Business Assurance Marketplace Catalyst Project at TM Forum's Digital Transformation Asia, held in Kuala Lumpur, Malaysia November 13-15. TM Forum's Open AI Business Assurance Marketplace Catalyst Project is championed by BT, Deutsche Telekom and Orange, with WeDo Technologies providing expertise in business assurance, revenue assurance and fraud management.

(Logo: http://mma.prnewswire.com/media/460947/WeDo_Technologies_Logo.jpg )
(Photo: https://mma.prnewswire.com/media/782539/WeDo_Technologies.jpg )

"As new services and supporting technologies are released, WeDo Technologies is focused on solving the inherent risk management challenges arising from IoT services, which will propagate with the rise of 5G networks." states Carlos Marques, Product Marketing and Analyst Relations of WeDo Technologies. "This Catalyst allows us to innovate together with other market players, as well as with some of the world's largest carriers, and helps solve business assurance challenges that focus not only on the bottom line, but also on improving the end customer experience. From preventing subscription fraud and fake identities' growing threat, to providing tools that carriers can use to identify and reward their valuable customers, or even by preventing bill-shock from new IoT services - we are heavily invested in technologies that service providers' need, in order to succeed with a more profitable and secure future."

At TMF Digital Transformation Asia, WeDo Technologies will demonstrate the core innovation of the Catalyst project, the Open AI Business Assurance Marketplace. The Open AI Business Assurance Marketplace allows Digital Service Providers to select and configure the best-of-breed business assurance services and vendors via a digital ecosystem marketplace. With the Business Assurance Marketplace, Digital Service Providers (DSP) will have the flexibility to select the business assurance controls that provide higher protection for each new service, enabling DSPs to save costs and eliminate fraud. This is particularly important as 5G and IoT adoption increases, creating new and disparate sources of fraudulent activity.

At WeDo's User Group Americas a recent poll showed that IoT and IP traffic were named as the top fraud and revenue leakage pain points affecting DSPs today. In order to cope with these risks, WeDo Technologies advocates the need for advanced fraud detection and revenue assurance protection, leveraging Artificial Intelligence (AI) and Machine Learning capabilities.

The advancement of AI in detecting and preventing revenue leakage, as well as the fraudulent activities are key topics that will be discussed at the upcoming WeDo User Group Conference, 23-24 of January 2019 in Kuala Lumpur, Malaysia. According to Cisco, IP traffic will increase threefold in Asia Pacific from 2015 to 2020, demonstrating the looming revenue assurance and fraud management challenges that DSPs in the region must prepare for. To register for the WeDo Technologies User Group Conference please visit [https://www.wedotechnologies.com/en/events/].

About WeDo Technologies
Founded in 2001, WeDo Technologies is the global market leader in Revenue Assurance and Fraud Management through Risk Management software solutions.

WeDo Technologies provides software and expert consulting to Telecom Operators and Communication Service Providers worldwide. Currently we count with over 200 customers, spread across 108 countries, with a network of 600+ highly-skilled professional experts. Our offices are geographically spread in the US, Europe, Asia-Pacific, Middle East, Africa, Central and South America.

WeDo Technologies' software analyzes large quantities of data allowing to monitor, control, manage and optimize processes, ensuring revenue protection and risk mitigation.

With over 200 customers - including some of the world's leading blue chip organizations - WeDo Technologies has long been recognized as the constant innovator in assuring the success of its customers along a journey of continuous transformation.

WeDo Technologies. Know The Unknown.
http://www.wedotechnologies.com
Latest news @WeDoNews
Contacts
QUEXOR GROUP INC.
Barbara Henris
bhenris@quexor.com
Mob.: +1(703)470-9446
Public Relations and Corporate Communications - WeDo Technologies
Inez Correa de Sa
inez.sa@wedotechnologies.com
Mob.: +351-939-650-788
Source: WeDo Technologies

Latest Press Release

Copperwired Opens Its Biggest .Life Flagship Store on the 4th Floor of Central World Serving as Thailands First Meeting Point for Modern Digital Lifestyle

Now Open! Thailand's first meeting point for digital lifestyle, .Life flagship store is now open on the 4th floor of Central World, spanning over 310 square meters, taking the title as the largest .Life store branch. The new design is inspired by museum...

Locus Chain to Launch a Digital Asset Exchange Platform in Dubai

Locus Chain Foundation prepares to launch the company's first digital asset exchange platform in Dubai, the Locus Chain Digital Asset Exchange (Locus DAX) Singapore-headquartered Locus Chain Foundation, the developers of a revolutionary, next-generation...

Fitbit Enhances Health and Fitness Smartwatch Experience Powered by Fitbit OS 3.0 Update, New Popular Brand Apps and Advanced Developer Tools

Fitbit OS 3.0 delivers an upgraded on-device dashboard and goal-based exercise modes to Fitbit Ionic, Fitbit Ionic: adidas edition and Fitbit Versa, along with new popular brand apps and clock face Fitbit (NYSE: FIT), the leading global wearables brand,...

Kaspersky Lab uncovers third Windows zero day exploit in three months

Kaspersky Lab technologies have automatically detected a new exploited vulnerability in the Microsoft Windows OS kernel, the third consecutive zero-day exploit to be discovered in three months. Kaspersky Lab technologies have automatically detected a new...

Johnson Johnson Vision aims to become a leading contact lens brand in the digital era by adopting a new communication channel, ACUVUE LINE Official Account to better connect with consumer

Johnson & Johnson Vision, the importer of ACUVUE contact lens, continues in becoming a leading contact lens brand in the digital era by adopting a new social media touch point to attract digital consumer. Recently, the brand has introduced the ACUVUE...

Related Topics