MUMBAI & FOSTER CITY, CA–(BUSINESS WIRE)–Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) has announced a partnership with MATRIXX Software to integrate TCS HOBS™its ready-to-use digital commerce platform for managing subscriptions, devices and data, with convergent and cloud-native charging capabilities of the MATRIXX Digital Commerce Platform. The integrated solution will help Communications Service Providers (CSPs) transform their prepaid and postpaid businesses, deliver a superior customer experience and drive growth.
TCS HOBS is used by progressive CSPs around the world to drive their business agility and product innovation. Cloud-native, catalog-based subscription management platform enables ideation and creation of new bundled products and services, including partner offerings. It dramatically accelerates new product launches by enabling seamless, “hands-off” deployment of associated business rules into back-end CSP fulfillment, insurance, billing, and supply chain functions.
Together, TCS HOBS and MATRIXX Digital Commerce will enable real-time billing, rating, usage and spend notifications, and contextual interactions to improve the end customer experience quickly and easily. The solution enables easy integration with a broader partner ecosystem, allowing CSPs to seamlessly offer new services around third-party products.
“Our wealth of experience in the telecommunications industry, along with sustained investment in research and innovation, and product development has made TCS HOBS the preferred platform for CSPs looking to accelerate their digital transformation.,” noted Kamal Bhadada, Head of Business Group, Communications, Media and Information Services, TCS. “The unique combination of TCS HOBS and the MATRIXX digital commerce platform will allow CSPs to focus on business and technology innovations that will quickly capture the imagination of end customers and help increase market share.”
André Gunnberg, Chief Revenue Officer, MATRIXX Software noted, “From implementation to deployment, speed and agility are critical to success. We are excited to work with TCS to help today’s operators scale rapidly, digitally engage and be more competitive, and provide them with a powerful and highly configurable monetization platform for future innovation. ..”
TCS HOBS is built on a microservices-based and scalable catalog-oriented architecture, allowing customers to leverage partner ecosystems and venture into B2B2X models. Learn more about TCS HOBS here.
About Tata Consultancy Services (TCS)
Tata Consultancy Services is an IT services, consulting and business solutions organization that has partnered with many of the world’s leading companies on their transformation journeys for over 50 years. TCS offers an integrated portfolio of consulting-focused business, technology and engineering services and solutions powered by cognitive technology. This is made possible through its unique Location Independent Agile™ delivery model, recognized as a benchmark of excellence in software development.
Part of the Tata Group, India’s largest multinational business group, TCS has over 556,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US$22.2 billion in the fiscal year ended March 31, 2021 and is listed on BSE (formerly Bombay Stock Exchange) and NSE (National Stock Exchange) in India. TCS’ proactive stance on climate change and its award-winning work with communities around the world have earned it a place in major sustainability indices such as the MSCI Global Sustainability Index and the FTSE4Good Emerging Index. For more information, visit www.tcs.com.
About MATRIXX Software
MATRIXX Software is a global leader in 5G monetization for the communications industry. Serving many of the world’s largest emerging carrier groups, regional carriers and digital service providers, MATRIXX offers a cloud-native digital commerce solution that enables unparalleled business and operational agility. Unifying computing and networking, MATRIXX provides network-grade Converged Charging System (CCS) enabling efficient infrastructure hyper-scalability to support consumer services, wholesale and enterprise markets . Through its relentless commitment to product excellence and customer success, MATRIXX enables enterprises to leverage network assets and business agility to succeed at web scale. For more information, visit www.matrixx.com.