OPENVAULT TO DEMO AWARD-WINNING TECHNOLOGY AND NEW REVENUE OPPORTUNITIES AT THE INDEPENDENT SHOW

Exhibit to highlight proven links between network data and business success

Hoboken, NJ; July 25, 2019 – OpenVault, a global provider of industry analytics and technology solutions for broadband operators, will highlight its award-winning ACS WiFi Insider and other products that can help broadband operators drive new revenue, reduce costs and improve subscriber satisfaction at the upcoming NCTC The Independent Show in Chicago, IL.

At its booth (#600) during the July 28-31 event, OpenVault will show how ACS WFi Insider – recognized last month as a leading new technology innovation by the Society for Broadband Professionals – significantly increases visibility into the connected devices on in-home WiFi networks. In addition, as part of its OV Cares initiative, the OpenVault team will be collecting unused, travel-sized personal hygiene items from event attendees to benefit Chicago-based Sarah’s Circle, an organization that provides refuge to women who are homeless or need a safe space. OV Cares’ mission is to give back to the communities in which OpenVault visits, works or travels.

OpenVault’s industry-leading products are designed to help operators not only more effectively manage their networks, but actually optimize the revenue opportunities that data growth presents. Subscriber data usage consumption trends clearly indicate that cord cutters generate nearly twice the data consumption as traditional bundle subscribers.

“Whenever we exhibit at industry events, a key discussion point is an operator’s need for broadband usage intelligence and the actionable steps they can take to monetize the information provided,” said Josh Barstow, executive vice president of Corporate Strategy and Business Development for OpenVault.  “We look forward to sharing the insights we’ve captured through our relationships with many of the industry’s most important independent operators.”

About OpenVault 

OpenVault’s solution suite tracks broadband data usage consumption levels for millions of subscribers and helps operators across the globe 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 automate management functions to proactively handle congestion, forecast network requirements, monetize broadband growth and communicate with subscribers. For more information, please visit openvault.com.

For media inquiries, please contact: Paul Schneider at pspr@att.net or +1-215-817-4384

INTERNET-ONLY SUBS, POWER USERS FUEL NEW BROADBAND HIGHS

OpenVault Q1 2019 OVBI report shows impact of video-Internet bundle decline

Hoboken, NJ; May 22, 2019 – Driven in part by the rise in Internet-only subscribers and an increasing number of “power users,” overall broadband usage continued to grow rapidly in the first quarter of 2019, according to a report issued today by OpenVault, a leading provider of industry analytics and technology solutions for broadband operators.

The OpenVault Broadband Industry (OVBI) report, a quarterly report that reflects broadband usage based on the aggregate consumption of millions of subscribers, shows that overall average monthly usage reached a new high of 273.5GB in Q1 of 2019.  This represents a year-over-year increase of 27% over the Q1 2018 monthly average of 215.4 GB.

In addition, the report highlights how in Q1:

  • Internet-only subscribers consumed 395.7 GB, more than 120 GB more than the average subscriber and almost double the 209.5 GB consumed by households that purchase a bundle of video and Internet services.
  • The percentage of power users, defined as subscribers who consume 1TB or more of data per month, doubled to 4.2% of all subscribers in Q1 2019 from 2.1% in Q1 2018; during the same period, the “power users of the future” – the number of subscribers exceeding 2 TB per month – more than doubled to 0.38% in Q1 2019 from 0.16%.
  • Differences in the percentage of power users are sharply pronounced between Internet-only subscribers and households that take video-Internet bundles.  Power users of 1TB or more account for 6.5% of all Internet-only subscribers, vs. 2.2% for subscribers who take a bundle of video and Internet services, while median usages is 294.5 GB for Internet-only subscribers vs. 93.8 GB for bundled households.

The OVBI report also shows vast differences between operators who employ Flat-Rate Billing and those who leverage Usage-Based Billing. In flat-rate billing systems, the percentage of power users is 32% greater than in usage-based billing systems, and the percentage of subscribers using more than 2 TB is 76% greater.

The entire report is available at https://www.telecompetitor.com/clients/openvault/LP/index.html.

“As more and more households opt out of service providers’ service bundles, operators are facing significantly increased demand for broadband capacity,” said Josh Barstow, executive vice president of Corporate Strategy and Business Development for OpenVault. “It’s in the best interest of the industry to use existing tools to ensure that subscribers are provisioned for the appropriate levels of service, and to consider Usage-Based Billing as a bandwidth-management tool.”

At ANGA COM June 4-6 in Cologne, Germany, OpenVault will exhibit its analytics and technology solutions at Stand 7.H9.  In addition, Mark Trudeau, CEO and founder of OpenVault, will deliver a presentation entitled “Converting Network Data into Business Opportunities” on Tuesday, June 4 (1 PM CET) as part of the ANGA COM Technology agenda.

About OpenVault

OpenVault’s solution suite tracks broadband data usage consumption levels for millions of subscribers and helps operators across the globe 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 automate management functions to proactively handle congestion, forecast network requirements, monetize broadband growth and communicate with subscribers. For more information, please visit openvault.com.

For media inquiries, please contact:

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

Paul Schneider at pspr@att.net or 215-817-4384

OPENVAULT CEO, SCHURZ VP TO HIGHLIGHT VALUE OF CABLE-STREAMING ALLIANCES

Presentation to highlight value of traffic exclusion to attract and retain viewers

Hoboken, NJ; April 30, 2019 – Mark Trudeau, founder and CEO of OpenVault, and Tom Williams, vice president, engineering and technology for Schurz Communications, will discuss how “traffic exclusion” partnerships between broadband operators and content providers can drive viewing and revenue next week at Streaming Media East in New York City.

Building on the proven success of unlimited streaming packages of services such as Netflix and Amazon Prime Video to wireless customers, Trudeau and Williams will offer strategies for service and content providers to create and deliver similar packages.  During the 10:30 a.m. session on Wednesday, May 8, Trudeau and Williams will show how creating alliance in which streaming services are not counted against service provider bandwidth consumption enables a variety of benefits for the streaming industry, most notably:

  • Access to the vast service footprints of cable and telecom providers;
  • Potential gains in viewership; and
  • The ability to drive viewership through co-marketing opportunities.

Streaming Media East is one of the world’s largest streaming media conferences to gather online video thought leaders and industry experts to present the latest innovations that leading organizations are deploying, including live streaming, OTT, enterprise and educational video, encoding and transcoding, next-gen TV, VR video, video production, content delivery, video marketing, content monetization.

As one of the industry’s top broadband analytics and solution providers, OpenVault offers services and products that are designed to help operators not only more effectively manage their networks, but actually optimize the revenue opportunities that data growth presents.

About OpenVault

OpenVault’s solution suite tracks broadband data usage consumption levels for millions of subscribers and helps operators across the globe 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 automate management functions to proactively handle congestion, forecast network requirements, monetize broadband growth and communicate with subscribers. For more information, please visit openvault.com.

For media inquiries, please contact: Paul Schneider at pspr@att.net or +1-215-817-4384; Kristen Nihamin at knihamin@openvault.com or +1-917-509-9028

That’s a Wrap

Visiting with colleagues and friends at industry events is always productive and enlightening.  Meeting with customers in person presents not only an opportunity to showcase our latest technologies but more importantly, to hear from the people who use our products every day.  This valuable feedback inspires our innovation and helps us to create critical tools to help broadband operators better prepare for what is the one of most stimulating data growth periods in history.  Indeed, it was customer input that prompted development of our ACS WiFi Insider to address to the overwhelming challenge of managing household device topography and data usage behaviors.

 

Most recently, the NCTC Winter Educational Conference in Atlanta provided the perfect environment to generate ideas for creating solutions to some of the industry’s most significant challenges. Specifically, we heard loud and clear that operators are looking for new ways to provide a quality of experience and to increase revenue. To this end, OpenVault’s latest products are designed to help operators understand their subscribers’ growing usage and needs to help provide an optimal user environment while enabling them to optimize market opportunities.

 

OpenVault CEO Mark Trudeau discussed ways to monetize data growth during WEC’s panel Bring the Blitz:  Broadband Pricing and Packaging Plays that Work. Mark and other industry leaders talked about how new approaches, including Usage Based Billing, can help operators capitalize on opportunities to create new revenue streams as data usage grows.  Mark shared an OpenVault Case Study describing how a current customer used our Rating and Charging platform and our Revenue Accelerator module to monetize the growing demand on their broadband network.

 

In addition to bringing new technologies to market and sharing thought leadership insights at WEC, OpenVault launched OV Cares, an initiative to positively impact the needy in the communities where we work, travel through and do business in, including Atlanta. Struck by the collective value to non-profits and the needy of unused personal care items business travelers leave behind every day, OpenVault encouraged WEC attendees and exhibitors to donate their unused, travel-sized personal hygiene items to benefit the Jerusalem House, an organization that provides homeless and low-income individuals and families affected by HIV/AIDS with a continuum of housing options, supportive services, and educational opportunities.  OpenVault thanks all of those who stopped by to support and donate to help make the drive a success and provide critical items for those in need.


As a company that works and travels around the world to provide broadband solutions for operators globally, with recent expansions in Germany, Cyprus and Ecuador, OpenVault is positioning OV Cares as a wide-reaching opportunity to positively impact those in need around the world.  To this end, OV Cares is an extension of the OpenVault culture that values collaboration with our colleagues and customers to improve and innovate the world around all of us.

OpenVault To Launch Giving Initiative at NCTC Winter Educational Conference

OV Cares to spearhead donations of travel-sized personal items for charity

Hoboken, NJ; February 20, 2019 – OpenVault, a global provider of industry analytics and technology solutions for broadband operators, will not only be exhibiting and speaking at the upcoming NCTC Winter Educational Conference in Atlanta, GA, but also will be using the event to launch OV Cares, an OpenVault-led initiative to help the needy in the surrounding community.

At the OpenVault booth (#707) at the February 25-26 WEC event, OV Cares will be collecting unused, travel-sized personal hygiene items to benefit the Jerusalem House, an organization that provides homeless and low-income individuals and families affected by HIV/AIDS in Greater Atlanta with a continuum of housing options, supportive services, and educational opportunities.

“As a company that works and travels around the world to provide broadband solutions for operators globally, we were struck by the collective value to non-profits and the needy of unused personal care items business travelers leave behind every day,” said Josh Barstow, executive vice president of Corporate Strategy and Business Development for OpenVault, “We’re encouraging WEC attendees to rally behind this cause and to make it a priority each day to deliver to our booth of any unused personal hygiene items.”

In addition to OV Cares, OpenVault’s presence at WEC also will include an exhibit of new technologies at its booth, as well as thought leadership insights from Mark Trudeau, the company’s CEO and founder. Trudeau will discuss ways to monetize data growth and create new revenue streams during the Bring the Blitz:  Broadband Pricing and Packaging Plays that Work breakout session on Tuesday, February 26 from 2:50pm to 3:40pm in the International Ballroom, Level M2 of the North Tower of the Omni Hotel @ CNN Center. 

About OpenVault

OpenVault’s solution suite tracks broadband data usage consumption levels for millions of subscribers and helps operators across the globe 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 automate management functions to proactively handle congestion, forecast network requirements, monetize broadband growth and communicate with subscribers. For more information, please visit openvault.com.

For media inquiries, please contact: Paul Schneider at pspr@att.net or +1-215-817-4384 Kristen Nihamin at knihamin@openvault.com or +1-917-509-9028