Partner and interconnect management are vital in the telecommunications sector, where companies must adeptly handle relationships with external entities such as network operators, service providers, and equipment vendors. This encompasses negotiating agreements, ensuring regulatory compliance, and optimizing interconnections for efficient data transmission. Overseeing both partner relationships and interconnections allows telecom firms to enhance network reliability, expand service coverage, and improve customer experience. This ensures seamless communication between different networks and systems, ultimately driving operational efficiency and competitive advantage in the telecommunications market.
Global Partner and Interconnect Management Market size is projected to reach USD 3,334,379.62 thousand by 2031, with a CAGR of 13.6% during the forecast period of 2024-2031.
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Below are the Top Partner and Interconnect Management Companies with a Significant Market Share:
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Rank
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Company
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Overview
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Product Portfolio
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Sales Geographical Coverage
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Developments
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1.
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CSG Systems International, Inc.
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CSG Systems is a leading provider of revenue management and customer engagement solutions for the communications industry. With a focus on enabling seamless partner and interconnect management, CSG offers robust software platforms that facilitate billing, settlement, and relationship management between telecom operators and their partners.
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North America, South America, Europe, Asia-Pacific, and Middle East and Africa
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In February 2023, CSG Systems International, Inc. announced that they were awarded as 2018 Global Stratecast CSP Monetization Interconnect & Settlement Market Leadership Award by Frost & Sullivan. The Stratecast leadership award from Frost & Sullivan honors accomplishments in the monetization of communications service providers (CSPs) based on leadership in six global monetization segments: partner management, billing mediation, interconnect and settlement, rating and charging, other core billing functions, and policy management.
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2.
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Syniverse Technologies LLC
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Syniverse is a global leader in mobile communications solutions, offering services that enable seamless connectivity and interoperability across networks. In the partner and interconnect management market, Syniverse provides comprehensive solutions for managing relationships with partners, optimizing interconnections, and ensuring efficient data exchange between different networks and systems.
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North America, South America, Europe, Asia-Pacific, and Middle East and Africa
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In October 2023, Syniverse Technologies LLC was recognized as the leader in mobile roaming by Kaleido Intelligence. The scope of Syniverse's roaming solutions and its commitment to offering mobile network operators top-tier goods and services amid the widespread deployment of 5G and next-generation network technologies are demonstrated by these accomplishments, which are highlighted in Kaleido's annual Roaming Vendor Hub report.
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3.
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TEOCO
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TEOCO is a provider of analytics, assurance, and optimization solutions for communication service providers. With a strong presence in the partner and interconnect management market, TEOCO offers software platforms that enable telecom operators to efficiently manage their partner relationships, optimize interconnections, and maximize revenue opportunities through enhanced network performance.
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North America, South America, Asia-Pacific, and Middle East and Africa
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In February 2022, TEOCO concluded the acquisition of Software Synergy, Inc. (SSI). SSI specializes in automated, intelligent network-wide routing and optimization solutions for CSP network planning and management. With this acquisition, TEOCO incorporates SSI's highly configurable Universal Routing Solution (URS) into its product suite, bolstering TEOCO's business analytics offerings. This strategic move enhances TEOCO's presence in North America and enriches its routing portfolio with SSI's advanced Toll-Free routing optimization solution. Leveraging intelligent algorithms and analytics, this solution empowers CSPs to meticulously manage the Toll-Free routing lifecycle, ensuring maximum savings and operational efficiency. The acquisition strengthens TEOCO's commitment to delivering innovative solutions and solidifies its position as a key player in the CSP industry
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4.
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Netcracker
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Netcracker, a subsidiary of NEC Corporation, specializes in providing software solutions for digital transformation in the telecommunications industry. In the partner and interconnect management market, Netcracker offers comprehensive solutions that enable telecom operators to streamline partner relationships, optimize interconnections, and enhance operational efficiency through automation and analytics.
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North America, South America, Europe, Asia-Pacific, and Middle East and Africa
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In December 2022, Netcracker announced the implementation of BSS2Cloud, a cloud-based solution benefiting Vodafone Hungary's B2C and SME customers. The project aimed to enhance fixed-mobile convergence, resulting in improved time to market, a robust business growth trajectory, and an enhanced digital experience. Netcracker provided Vodafone Hungary with Digital BSS, including Cloud BSS, Revenue Management, and Product Lifecycle Management, along with Digital OSS, encompassing Service Management and orchestration, Hybrid Resource Management, and Infrastructure Management. This implementation empowers Netcracker to leverage a localized software-as-a-service (SaaS) cloud solution, ultimately delivering a more enriched digital customer experience.
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5.
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Nexign, JSC
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Nexign is a provider of billing, charging, and partner management solutions for telecom operators worldwide. With a focus on innovation and digital transformation, Nexign offers advanced software platforms that enable telecom operators to effectively manage their partner relationships, optimize interconnects, and drive revenue growth through enhanced customer experiences and service offerings.
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Europe, Asia-Pacific, and Middle East and Africa
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In March 2022, Nexign announced the partnership with Vanrise to provide communications service providers with an end-to-end transformational digital ecosystem. Vanrise's solutions and experience in mediation to help a CSP turn their strategic vision into reality, workflow management, order orchestration, network inventory management, and service provisioning have been added to Nexign's robust BSS portfolio, which already includes online charging systems, billing, and customer management solutions.
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Conclusion
The partner and interconnect management are essential components of the telecommunications sector, enabling companies to navigate relationships with external entities and optimize data transmission. With the global partnership and interconnect management market projected to reach significant heights by 2031, it is evident that effective management in this area will continue to be a priority for industry players.
