MORRIS BROADBAND SELECTS OPENVAULT SOLUTIONS

Analytics and Communications Modules Deployed to Enhance Customer Experience

Wayne, NJ; September 2017OpenVault, LLC, a leading data analytics and actionable solutions provider that serves the global broadband industry, recently announced that Western North Carolina’s Morris Broadband has selected OpenVault’s Operations & Analytics and Communications modules to better understand its network and provide an enhanced user experience for its customers.

OpenVault’s solutions suite was selected for its cloud-based, actionable solutions, which focus on three key areas: data collection and aggregation; congestion management; and revenue generation.  Key features of the modules that Morris Broadband deployed include: data and analysis of subscribers’ usage behaviors for accurate network planning; a Subscriber Usage Meter; a Customer Care Portal; and an email notification system.  

“The data that OpenVault collects and aggregates and associated analytics OV provides based on this data adds to Morris Broadband’s understanding of our customers’ usage and their unique needs,” states Craig Mitchell, Senior Vice-President and CFO.  He adds, “Understanding our customers’ usage and educating them about their consumption creates an environment that supports customer satisfaction and network efficiency.”  

Mark Trudeau, OpenVault’s founder and CEO states, “We’re excited to help Morris Broadband uncover significant data surrounding their network and subscribers in order to deploy actionable solutions that will make their network more efficient and enhance the overall user experience.”  He adds, “OpenVault is honored to be the provider that Morris Broadband has chosen to help take their business to the next level and to provide the communities they serve with leading-edge technology.”

About Morris Broadband

Morris Communications Company, LLC is part of a privately held company with diversified holdings in media, Real Estate and property development and agriculture.  Current media holdings include: magazines and specialized equine, sporting and lifestyle publications, visitor (travel and tourism) publications. Morris also provides cable television, internet, broadband, and telephone services.

About OpenVault

Supporting over 150 operators on 4 continents, OpenVault tracks data usage consumption levels for millions of subscribers and helps broadband providers better manage their networks, saving time and costs while increasing revenue and subscriber satisfaction. Network operators use OpenVault’s easy-to-use tools to dramatically improve visibility into their networks and to automate management functions to proactively handle congestion, forecast network requirements and communicate with subscribers. For more information, please visit openvault.com.

For media inquiries, please contact:

Kristen Nihamin at +1-917-509-9028 or knihamin@openvault.com

OPENVAULT APPOINTS TONY COSTA AS CTO

Seasoned Industry Expert Joins OpenVault to Lead Product Development and

Launch New Technologies

Wayne, NJ; July 24, 2017 – OpenVault, LLC, a leading data analytics and actionable solutions provider that serves the global broadband industry, announces the appointment of Tony Costa as CTO. As an industry veteran who brings extensive experience in the telecom industry, Tony is positioned to lead OpenVault’s aggressive product development efforts as the company brings new solutions to market. In his role, Tony will oversee all aspects of product strategy and development, lending his leadership skills and industry vision to OpenVault’s continued growth.

“We are ecstatic to have Tony join the OpenVault team,” states Mark Trudeau, founder and CEO of OpenVault. Adding that, “Tony brings leadership, creativity and vision to OpenVault at a critical time as we launch innovative solutions and continue our global expansion. We are beyond excited to utilize his unmatched skill set and unique experience during an unprecedented period of industry growth.”

Prior to joining OpenVault, Tony lead strategic business development for Syniverse. Over the course of his career Tony has brought to market a number of innovative products for industry leading companies in the telecom, media, and technology industries including Alcatel-Lucent, RealNetworks, T-Mobile, Ventraq, Vodafone, and WeDo Technologies.

“I’m very excited to join OpenVault as it executes its next phase of growth,” said Tony. “Given its team, technology, expertise and industry credibility, OpenVault’s potential for customer value creation is tremendous.”

About OpenVault

Supporting over 150 operators on 4 continents, OpenVault tracks data usage consumption levels for millions of subscribers and helps broadband providers better manage their networks, saving time and costs while increasing revenue and subscriber satisfaction. Network operators use OpenVault’s easy-to-use tools to dramatically improve visibility into their networks and to automate management functions to proactively handle congestion, forecast network requirements and communicate with subscribers. For more information, please visit openvault.com.

Visit the OpenVault team at the NCTC – The Independent Show in Indianapolis, Booth #443.

For media inquiries, please contact:

Kristen Nihamin at knihamin@openvault.com or 917-509-9028

Cord-Cutting: Dirty Word or Inevitable Reality?

June 2017 – The acceleration of cutting the cord is real. So real that a recent study shows that 13 percent of U.S. homes, or one out of six households across the country, that purchases broadband access is no longer buying a multi-channel pay-TV package from its cable company. In fact, the U.S. pay-TV industry lost about 762,000 video subs in the first quarter of 2017, a worst-ever result for the period, according to a new report from MoffettNathanson. Combined with newly emerging viewing options, the accelerated cord cutting trend is creating a quickly shrinking, soon-to-be extinct, pay-TV population.

A study by the Interactive Advertising Bureau found a 56 percent increase in consumers watching their favorite program on a Streaming Enabled “Smart” TV, or through the use of a Video Streaming Device such as Roku, Apple TV or an Amazon Fire Stick. The study also found that ownership of a smart TV and a video streaming device saw double digit increases between 2015 and 2017 among adults over the age of 18. In a similar study by Nielsen, millennials, a highly digital demographic and the largest generational group in the U.S., spend about 27% less time watching traditional TV (89% among 35+ vs. 66% among Millennials) and TV-connected devices, such as smartphones, laptops or tablets, are much more valuable to them. In fact, these younger adults account for nearly half (43%) of the U.S. cordless population (defined by a study by GfK MRI) as those who have never had cable, satellite, or fiber-optic cable service and those who have cut the cord.

Clearly, societal viewing behaviors, the television ecosystem and the broadband environment is organically evolving. However, as the landscape shifts, so must the business models. Tremendous opportunities lie within the ability to monetize the new trends and align growing revenues with growing demand on broadband networks. New digital-only providers, live TV programming, and slimmer bundles are some of the newly emerging efforts on the content and delivery side. However, significant revenue can also be captured by optimizing the exponential data growth phenomenon that is currently taking place on broadband networks through improving the user experience of existing subscribers. To this end, operators must discover and truly understand the usage behaviors and respond accordingly. The ability to view usage demands and then transform the data into meaningful revenue is not only critical to an operator’s relevance, but the difference between surviving and thriving in the broadband landscape for years to come.

US-BASED BROADBAND NETWORK MONETIZATION AND MANAGEMENT EXPERT TO EXHIBIT AND SPEAK AT ANGA COM

OpenVault Founder and CEO to Present “Data Growth: Keep Up, Stay Ahead and Monetize” at the ANGA COM Speakers Corner, Wednesday, May 31st at 15:30

Wayne, NJ, May 22, 2017 – OpenVault, the market leader for providing HSD usage data analytics and actionable solutions from more operators than any other vendor in the world, announced that the OV team will exhibit at ANGA Com for the first time and Mark Trudeau, founder and CEO, will be addressing the accelerated data growth phenomenon and how operators can keep up, stay ahead and actually monetize this trend at ANGA Com’s Speakers Corner on May 31st at 15:30.

OpenVault will be exhibiting its latest products and technologies in Hall 7, Booth C77, during ANGA Com May 31-June 1. “We are thrilled to be co-exhibiting with PerfTech, a leader in its space for our inaugural exhibition at ANGA Com,” stated Larry Foland, Executive Vice President, Global Business Development. He added, “We look forward to meeting with customers, members of the media and industry analysts to demo our innovative solutions in an exciting global environment.”

About OpenVault

Supporting over 150 operators on 4 continents, OpenVault tracks data usage consumption levels for millions of subscribers and helps broadband providers better manage their networks, saving time and costs while increasing revenue and subscriber satisfaction. Network operators use OpenVault’s easy-to-use tools to dramatically improve visibility into their networks and to automate management functions to proactively handle congestion, forecast network requirements and communicate with subscribers.

Media Inquiries

Please visit the OV Team at ANGA Com, Hall 7, Booth C77 or contact:

Kristen Nihamin at +1 917-509-9028 or knihamin@openvault.com

PENTELEDATA EXTENDS OPENVAULT PLATFORM

Leading network provider Penteledata renews OpenVault contract  and extends services for long-term deal

Wayne, NJ; May 22, 2017 – As one of the largest privately owned networks in the nation, PenTeleData and their partners (Service Electric Cable TV and CommunicationsService Electric Broadband Cable, Service Electric Cablevision and Blue Ridge Communications) service nearly 400K subscribers and provide high-speed data and Internet connectivity over 10,000 miles of fiber optic cabling and 60 Points of Presence in Pennsylvania and New Jersey. In order to continue providing the market’s most innovative technology and user experience to the communities it serves, PenTeleData recently extended its service contract with OpenVault, a leading provider of broadband management and industry analytics that specializes in data usage analysis and cost efficient cloud-based solutions for broadband operators.

“The meaningful analytics OpenVault provides enables PenTeleData and our partners to better understand our customers’ usage and ultimately, their needs,” states Jaime Mendes, Vice President of Operations. He adds, “This powerful information allows us to deliver not only cutting-edge technology but more importantly, personalized service for each customer. Through the use of OpenVault’s solutions suite, we are able to continuously audit our broadband network so we can ultimately optimize the services provided to our customers.”

Mark Trudeau, OpenVault’s founder and CEO states, “We’re thrilled to extend and expand our relationship with PenTeleData and their partners. We continue to strive to provide innovative solutions to help our operator customers navigate the rapidly changing broadband landscape and we look forward to continuing our close business relationship with the PenTeleData family.”

About PenTeleData

PenTeleData began in 1994 with the idea of providing high-speed data and Internet connectivity in Pennsylvania and New Jersey. In 1995, that vision came true. Our strategic partnership between local cable and telephone companies, including Service Electric Cable TV and CommunicationsService Electric Broadband CableService Electric CablevisionIronton Telephone, and Blue Ridge Communications allowed us to become the first data and Internet service provider in the nation to offer High-Speed Broadband Internet over a cable television connection.

About OpenVault

Supporting over 150 operators on 4 continents, OpenVault tracks data usage consumption levels for millions of subscribers and helps broadband providers better manage their networks, saving time and costs while increasing revenue and subscriber satisfaction. Network operators use OpenVault’s easy-to-use tools to dramatically improve visibility into their networks and to automate management functions to proactively handle congestion, forecast network requirements and communicate with subscribers. For more information, please visit openvault.com.

For media inquiries, please contact:

Kristen Nihamin at knihamin@openvault.com