OPENVAULT TAPS TVC COMMUNICATIONS TO EXPAND CALA PRESENCE

OPENVAULT TAPS TVC COMMUNICATIONS TO EXPAND CALA PRESENCE

Alliance follows successful market entry in Ecuador

Hoboken, NJ; September 10, 2019 – OpenVault, a global provider of industry analytics and technology solutions for broadband operators, today announced that it has partnered with TVC Communications (TVC), a division of WESCO Distribution, Inc., to drive increased availability of OpenVault product offerings within the fast-growing Latin American and Caribbean markets. 

OpenVault will leverage TVC’s vast sales and support network, customer relationships and industry expertise to increase regional awareness and adoption of its tools that increase the ability of telecom service providers to manage and monetize broadband networks.  

The agreement follows the announcement earlier this year of OpenVault’s first CALA customer, Grupo TVCable, the largest cable system operator in Ecuador.

“The near-term ability of Grupo TVCable to improve user experiences and satisfaction has significantly increased interest in OpenVault solutions,” said George Kassas, founder and CEO of Bireme Systems and an advisor to OpenVault with managerial oversight in the Latin American and the Middle East/North African markets. “TVC’s tradition of excellence in the region will help us augment OpenVault’s market reach and identify new opportunities in a vibrantly growing region.”

“As broadband usage grows, operators require greater visibility into traffic and consumption patterns,” said Ken Olsen, senior vice president and general manager, Caribbean and Latin America for TVC.  “Success with Grupo TVCable has demonstrated conclusively how OpenVault’s tools can help customers reduce costs, generate revenue and increase subscriber satisfaction.”

TVC is a leading value added distribution and supply chain solutions provider specializing in broadband and telecommunication solutions. Serving a diverse customer portfolio while providing the broadest product offering in the industry, TVC is committed to finding new ways to help our customers optimize their network deliverables for subscribers while minimizing operational expense.

As one of the industry’s top broadband analytics and solution providers, OpenVault offers services and products that are designed to help operators manage their networks more effectively and 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

About WESCO International, Inc. 

WESCO International, Inc. (NYSE: WCC), a publicly traded Fortune 500 holding company headquartered in Pittsburgh, Pennsylvania, is a leading provider of electrical, industrial, and communications maintenance, repair and operating (MRO) and original equipment manufacturer (OEM) products, construction materials, and advanced supply chain management and logistic services. 2018 annual sales were approximately $8.2 billion. The company employs approximately 9,300 people, maintains relationships with approximately 30,000 suppliers, and serves approximately 70,000 active customers worldwide. Customers include commercial and industrial businesses, contractors, government agencies, institutions, telecommunications providers, and utilities. WESCO operates 10 fully automated distribution centers and approximately 500 branches in North America and international markets, providing a local presence for customers and a global network to serve multi-location businesses and multi-national corporations.

For media inquiries, please contact: 

William Ruthrauff

Director, Investor Relations

412-454-4220

WRuthrauff@wescodist.com

Predictive Data Helps Save Networks and Improve UX

According to our recently released Q2 2019 OpenVault Broadband Industry (OVBI) report, subscribers’ broadband usage patterns can be predictors of cord-cutting, an event that has significant impact on operators’ networks and ultimately, bottom-line.  This critical finding has tremendous implications for broadband providers: with real-time visibility into subscribers’ usage, operators can now proactively launch retention campaigns to address video cancellations and create upgrade strategies based on the bandwidth needs of cord-cutters, ultimately enhancing the user experience and optimizing revenue potential.

 

A key finding in the report shows thousands of subscribers who shifted to broadband-only packages during the first half of 2019 exhibited steadily increasing broadband consumption in the months preceding the change. OpenVault analysis shows that the difference in usage between cord cutters and average subscribers rose from 14% six months before the event to 20% in the month immediately prior and 30% in the month that the cord was cut. In the following three months, the difference rose to nearly 70%.

 

The entire report, which includes important usage trends and predictive analysis, is available here.

 

“As more and more subscribers exhibit cord-cutting behavior, visibility into usage behavior will help operators to manage increasingly busy networks and ensure subscriber satisfaction,” said Josh Barstow, executive vice president of Corporate Strategy and Business Development for OpenVault. “This is an example of how we take a unique look at data everyday to create meaningful and powerful tools for our customers to make a significant impact on their operations.” 

 

To learn more about how predictive data can help optimize networks and increase potential revenue, visit the OpenVault team and explore the award-winning ACS WiFi Insider at the upcoming SCTE Cable-Tec Expo in New Orleans September 30-October 3rd.

 

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. 

BROADBAND USAGE PATTERNS PROVIDE CLUES TO IMMINENT CORD-CUTTING

OpenVault Q2 2019 OVBI report tracks usage surges immediately before shifts from bundles

Hoboken, NJ; August 15, 2019 – Subscribers’ broadband usage patterns can be predictors of cord-cutting, according to the Q2 2019 OpenVault Broadband Industry (OVBI) report issued today by OpenVault, a leading provider of industry analytics and technology solutions for broadband operators.

The report highlights how a study of thousands of subscribers who shifted to broadband-only packages during the first half of 2019 exhibited steadily increasing broadband consumption in the months preceding the change. OpenVault analysis shows that the difference in usage between cord cutters and average subscribers rose from 14% six months before the event to 20% in the month immediately prior and 30% in the month that the cord was cut. In the following three months, the difference rose to nearly 70%.

Using aggregate consumption of millions of subscribers, the OVBI report also showed the significant difference between internet-only households and those who have a bundled package of pay-TV and broadband services.  Among Internet-only households, average bandwidth consumption in 2Q19 was 390.42 GB, while bundled subscribers consumed, on average, 210.89 GB of data in 2Q19 – a difference of 85%. 

In addition, the report notes that in Q2:

  • Overall average broadband usage in the United States was 271.0 GB, reflecting continued steady year-over-year growth of 25% when compared to Q2 2018.  Year-over-year median usage rose by nearly 32% to 144.5 GB, indicating increased usage across all levels of consumption.
  • Usage-Based Billing (UBB) remains useful in limiting the number of “power users,” those subscribers who consume more than 1 TB of data per month. When compared with subscribers on Flat Rate Billing (FRB) plans, UBB subscribers were 23% less likely to exceed 1TB of usage and 61% less likely to exceed 2 TB.
  • A higher percentage of FRB subscribers are provisioned for lower-speed packages compared to UBB subscribers. Among FRB subscribers, 41% are provisioned for speeds of 30 Mbps or less, compared to 13% among UBB subscribers.  This indicates that many subscribers faced with UBB usage limits opt to upgrade to higher speed tiers which routinely come with even higher usage limits in order to avoid extra fees.

The entire report is available at http://openvault.com/complimentary-report-website/

 

“While Usage-Based Billing often is considered as a revenue enhancing tool, the reality is that it spurs subscribers to find harmony between their broadband speeds and their usage patterns,” said Josh Barstow, executive vice president of Corporate Strategy and Business Development for OpenVault. “As more and more subscribers exhibit cord-cutting behavior, visibility into usage behavior and sound Usage-Based Billing plans will help operators to manage increasingly busy networks and ensure subscriber satisfaction.”

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 BOOSTS SALES CAPABILITIES IN NORTH AMERICAN MARKET

Adds Casey Davis as Sales Development Executive

Hoboken, NJ; July 15, 2019 – OpenVault, a global provider of industry analytics and technology solutions for broadband operators, today announced that telecommunications and software veteran Casey Davis has joined the company as North American Sales Development Executive. 

Davis will be responsible for helping cable and telecom service providers in the United States and Canada to harness OpenVault products and expertise to improve customer experience and proactively manage network performance issues while driving additional ARPU.  

“As our most recent OVBI report has shown, Internet-subscribers and power users are driving record consumption of broadband,” said Larry Foland, CXO of OpenVault. “Casey’s strong background in telecommunications along with her results-oriented approach will enable her to assist operators as they utilize the OpenVault tools and solutions to manage that growth and create packages that optimize customer satisfaction and boost revenues.”

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

OPENVAULT TO ANGACOM: BROADBAND USAGE KNOWLEDGE IS POWER

Presentation, exhibit to highlight proven links between network data and business success

Hoboken, NJ; May 28, 2019 – OpenVault, a global provider of industry analytics and technology solutions for broadband operators, will leverage thought leadership and exhibition opportunities at ANGACOM next week to highlight how network data and WiFi insights can help broadband operators drive new revenue, reduce costs and improve subscriber satisfaction.

OpenVault’s multi-faceted presence during the June 4-6 event in Cologne, Germany will include a presentation by Mark Trudeau, the company’s founder and CEO, as part of the Network Maintenance, Management and Monetization panel (Tuesday, June 4; 1:00 – 2:15 p.m. CET), as well as an ongoing exhibit at Stand 7.H9 of OpenVault solutions that are improving operator ROI and customer experiences. The exhibit will include OpenVault’s ACS WiFi Insider, a new product that significantly increases visibility into the connected devices on in-home WiFi networks.

Speaking on the topic of “Converting Network Data into Business Opportunities,” Trudeau will discuss how increased visibility into traffic patterns can help operators achieve business goals of reduced expenses, increased customer satisfaction and incremental revenue opportunities. Trudeau will point out that data collected from existing network and other BSS/OSS resources can provide operators with insights into network congestion, device topology and service issues within the home, and mismatches between customers’ service plans and their specific bandwidth requirements.

“As broadband usage continues to grow by double-digit percentages, knowledge really is power,” said Trudeau. “By gaining a holistic view of subscriber data consumption behavior, connected devices and network congestion areas, operators often can zero in and resolve bottlenecks within the network or on the customer premises without the expense of truck rolls or on-site support. We’re looking forward to sharing the benefits of our real-world experiences that can prepare the industry for the future, and to taking strategic steps in Europe that will grow OpenVault’s product portfolio and market footprint in the months ahead.”

ANGACOM is Europe’s leading business platform for broadband operators and content providers. With more than 21,000 participants from scores of countries, the event brings together network operators, vendors, content providers, service providers, consultants, authorities and other organizations of the telecommunications and media industry.

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.