OPENVAULT AND PERFTECH TO CO-EXHIBIT AT CABLE CONGRESS 2016

OPENVAULT AND PERFTECH TO CO-EXHIBIT AT CABLE CONGRESS 2016

OPENVAULT AND PERFTECH TO CO-EXHIBIT AT CABLE CONGRESS 2016;

CELEBRATE INTEGRATIONS AT FIVE BROADBAND OPERATORS

OpenVault and PerfTech, Inc., will partner to exhibit at Cable Congress 2016 this June 28-30. Jane Christ, PerfTech SVP of Sales, and Rich Evans, OpenVault EVP of Global Sales & Marketing, will be on-hand at Exhibition Stand 39 at the Double Tree Hilton in Warsaw during the event.  OpenVault enables network management services and data usage measuring, while PerfTech supplies proactive, in-browser messaging for ISPs to inform and provide action options to their subscribers for a variety of service-related uses, including usage notices. Together, these market leaders provide operators opportunities to manage consumption and help them to monetize information.

 

The “All You Can Eat” Revenue Problem: Solved

In European markets, where usage-based billing is not widely deployed for wired broadband operators, both companies feel their combined solution has compelling ability to drive revenue increases by messaging subscribers when they are ready to upgrade.   Since OpenVault can detect when the subscriber is reaching their maximum provisioned throughput, and PerfTech can deliver a personalized offer to the subscriber at that critical moment, the integrated solution is poised to significantly help operators manage their “all-you-can-eat” plans and still drive the additional revenues needed to handle OTT content. “When and If operators are ready to offer usage-based plans, we are here to help with our global experience,” said Rich Evans, EVP of OpenVault.

 

Multiple Successful Options for Usage-Based Approaches

Synergy between the two vendors has been demonstrated by the successful integration of their products now for the fifth time among their ISP customers. OpenVault and PerfTech first met in 2011, when both companies were deployed independently in a major, US-based MSO who planned to offer consumption-based Internet packages. The MSO, now a reference account, has been using the integrated solution successfully for five years. As consumption-billing models continue to gain popularity, OpenVault and PerfTech have additionally integrated in four other telco and cable operators either to implement usage billing and/or to aid subscribers in choosing a “right-sized” data plan.

 

PerfTech’s Jane Christ explained, “With a proven, smooth integration and high-quality reference installation, it was inevitable that we and OpenVault, would propose a joint solution for ISPs who want to successfully implement usage-related business models. OpenVault delivers accurate meter collection and PerfTech delivers time-critical, “eyes-on” messaging that helps subscribers avoid bill shock and confrontation.”

 

The reference MSO’s SVP & CTO stated, “Not only did the integrated solution prove to be a huge asset in terms of internal time and readiness-to-launch, but the resulting reduction in subscriber churn, coupled with higher ARPU, has been significant. We feel that we have acquired the best tools to accomplish this model and that both OpenVault and PerfTech have contributed fully to the effort,” he summed up.

About PerfTech, Inc.

PerfTech enables ISPs to forge a responsive and transparent relationship with their subscribers through proactive communications.  The company’s patented Bulletin System allows ISPs to deliver time-critical messages directly to targeted subscribers’ browsers, whether wired, wireless, or mobile.  Bulletin System is the leading solution for in-browser communications among top-tier Internet providers in the Americas, with installations worldwide.  Privately held, PerfTech is headquartered in San Antonio, Texas.  For more information, go to www.perftech.com

 

About OpenVault

Supporting over 150 operators on 4 continents, OpenVault helps Broadband Operators 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. The solution is offered on a pay-as-you-go basis, allowing service providers to immediately realize benefits without large up-front costs. See www.openvault.com

CABLENET SIGNS ON TO OPENVAULT PLATFORM

In an effort to optimize high speed data and manage tremendous network growth, Cyprus-based Cablenet deploys cloud-based OpenVault platform

 

Wayne, NJ; Tuesday, January 12, 2016 – As the only completely independent telecommunications provider in Cyprus, Cablenet is one of the fastest-growing, privately-held telecommunications companies in the Mediterranean. In order to help better manage this rapid market expansion and ensure a superior subscriber experience, Cablenet recently deployed the OpenVault Platform Solution.

 

“As a rapidly growing company in an ever-evolving industry, we look to invest in innovation and infrastructure to continue to provide our subscribers with a pioneering network and broadband speed, both nationally and abroad. OpenVault enables us to do so, not with just deep analytics but more importantly, real solutions,” states Nicolas Shiacolas, Cablenet CEO. He continues, “Utilizing OpenVault’s services, Cablenet is now positioned to deliver our nearly 60,000 subscriber base the best broadband experience possible.”

 

As the leading provider of broadband management and industry analytics, OpenVault’s cloud-based, easy-to-use tools are designed to bring network, finance and marketing data together in a powerful way. As a standard of service for cost efficient solutions, OpenVault provides broadband provider environments with the data, tools and solutions to help them achieve transformative success.

 

Rich Evans, OpenVault’s EVP Marketing & Sales added, “We’re thrilled to be working with Cablenet, a pioneer and innovative industry leader. We truly look forward to improving visibility into their networks and user behaviors to ultimately better serve and enhance their subscribers’ experience.”

 

About Cablenet

A leading and contemporary organisation, Cablenet is the only completely independent telecommunications provider in Cyprus, with its own network, new generation infrastructure, specialised workforce and a fully integrated support system for high performance level services in the telecommunications sector: integrated broadband services, premises connectivity services on both local and international levels, fixed telephony services and of course cloud services and hosting services. Cablenet has Points of Presence in all cities around Cyprus, interconnected with multiple rings for seamless performance, as well as equipment and backup systems for high availability. Abroad, Cablenet is interconnected with high international bandwidth via multiple submarine cable systems to international points in London, Frankfurt, Marseille and Athens that are fully interconnected with each other, with high bandwidth terrestrial fiber optic circuits, thus ensuring maximum backup of its international MPLS network.

 

About OpenVault

Supporting over 150 operators on 4 continents, OpenVault manages 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.

OPENVAULT NAMED FINALIST FOR NEW PRODUCT AWARD

OpenVault Blue on White 2 size 320OpenVault has been named a finalist in the Cablefax Tech Awards for the category of New Product Award – Software. The Tech Awards recognize industry innovation and honor the forward thinking gurus who continue to revolutionize the industry’s technology with their amazing products, campaigns and partnerships. As a finalist, OpenVault was selected for its innovation to Monetize HSD Networks with Innovative and First-Ever Multipurpose Cloud-based Solutions.

 

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LIVE NFL STREAMING HAS MAJOR IMPACT ON HIGH SPEED DATA NETWORKS

OpenVault Measures the Increase in Data Consumption during Yahoo’s Streaming of Sunday’s NFL Game in London

 Yahoo’s $20 million gamble to globally stream the Buffalo Bills-Jacksonville Jaguars game Sunday morning from London was a risk worth taking as reports show that the webcast attracted nearly 34 million views. Even with only a percentage of Yahoo’s billion users viewing the historic digital event, the impact on data consumption was significant and very telling of what’s to come for live sports streaming. OpenVault, the leading provider of broadband management and industry analytics, is reporting game time statistics that reflect an average increase of nearly 20% in data consumption across its global customer base as compared to normal Sunday usage.

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Fidelity Communications Deploys OpenVault Solution

Wayne, NJ/ Sullivan, MO, Monday October 27th 2014 – OpenVault, the leading provider of easy-to-use tools to help Multiple System Operators (MSOs) increase revenues, reduce costs and manage growth on their high speed data broadband networks, is today announcing that Fidelity Communications Co. has deployed the OpenVault Platform Solution to provide reporting with real-time data access and views on network health and activity.

Supporting Fidelity’s Expansion

In 2012, Fidelity acquired 13 cable, phone and Internet systems in four states, adding about 30,000 new individual customer services including phone, cable TV and high-speed Internet. Fidelity now provides about 124,000 Internet, Cable TV and local phone services in five states.

“With our large and diverse coverage region, our ability to plan for and manage capacity to deliver the best High Speed Data service for our subscriber base is critical for us,” said Jarrod Head, Director of Engineering for Fidelity Communications. He continued, “Our responsibility to our subscriber base is to make sure that we are planning ahead and looking down the road so that we always deliver the best broadband experience. OpenVault’s proven platform and experience in this category, was one of the major reasons we considered their services”

Rich Evans, OpenVault’s EVP Marketing & Sales added, “We’re excited to be working with Fidelity as a new customer, but also welcoming them to our ecosystem that supports OpenVault InSight®, our broad-based MSO analytics platform. With Fidelity’s most recent expansion, and the explosion of OTT content, our collective energies will be brought to bear for the benefit of Fidelity’s customers.”

Key Benefits Of The Platform

• Scalability: OpenVault’s solution is cloud-based and requires no hardware to be deployed.

• Robust Analytics: Collecting vast amounts of data is one thing but OpenVault’s solution has built-in Analytics and Reporting functionality that turns raw data into meaningful information.

• Industry Breadth & Expertise: OpenVault collects HSD usage data from over 150 MSOs across 4 continents. All MSO customers benefit from the knowledge and lessons learned across their customer base via InSight®

About Fidelity

In business since 1940, Fidelity Communications currently provides 124,000 voice, high speed Internet and television services to residential and business customers in Arkansas, Louisiana, Missouri, Oklahoma and Texas. fidelitycommunications.com

About OpenVault

Supporting over 150 operators on 4 continents, OpenVault helps MSOs 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. The solution is offered on a pay-as-you-go basis, allowing service providers to immediately realize benefits without large up-front costs.

OpenVault Announces Key HSD Tier 2/3 Analytics

Analytics show HSD usage growth accelerating for the average household, presenting both challenges and opportunities for the Mid-Tier MSO market

WAYNE, NJ; September 22, 2014 –OpenVault, the leading provider of easy-to-use tools to help Multiple System Operators (MSOs) increase revenues, reduce costs and manage growth, today announced key year-over-year High Speed Data (HSD) usage metrics derived from data collected from over 150 North American Tier 2/3 MSO’s using our platform’s Analytics toolset.

The News:

Users over 250 Gb:Mo

Average monthly usage grew approximately 33% from 2012 to 2013 and that growth has accelerated to 60% from 2013 to 2014.1

Median usage has also increased significantly, from 16GB in 2013 to over 30GB today, indicating that usage is increasing across the subscriber base and not just amongst the top users.1

The percentage of subscribers exceeding 250GB per month has also grown significantly. In 2012 we observed just over 1% of subscribers exceeding 250GB, growing to 2.5% in 2013 and now standing at nearly 7% one year later. 1

“While its no surprise that HSD usage continues to grow it is quite amazing that the growth rate appears to be accelerating.” said Mark Trudeau, CEO, OpenVault. “Since 2012 when OpenVault began collecting subscriber usage behavior information from MSO networks we have seen overall average usage per month more than double, from under 35GB to over 70GB for the average household in recent months. The challenging thing for the MSOs is that usage is growing faster during peak times than the rest of the day. This stresses their networks as they strive to keep up with peak time demand. Helping MSOs understand what’s going on in terms of usage behavior is a big focus here at OpenVault as we strive to assist them in dealing with these challenges.”

“Giving the MSOs the tools they need to understand the growth trends on their own HSD networks helps them plan for future capacity needs as well as model new product offerings,” said Mr. Trudeau. “We have been thrilled to work with our customers to build predictive models, implement usage management policies and align growing demand with growing revenues. At the end of the day our customers offer a product that is in high demand and the demand only seems to be accelerating.”

The Other Impact: Revenue

“It’s not a one-sided story either, in our market those who have engaged in usage based billing of various flavors have also been able to offset the additional costs incurred by the heavy demands placed on the infrastructure by subscribers.” said Rich Evans EVP Sales & Marketing. He continued, “Beyond usage based billing operators still have a tremendous opportunity to drive higher revenues by right-sizing their subscribers onto the appropriate speed tier for their level of usage. As operator margins continue to be further squeezed in the video business, it’s important that they start aligning the growing demands in their HSD networks with growing revenues.”

About OpenVault

Supporting over 150 operators on 4 continents, OpenVault helps MSOs 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. The solution is offered on a pay-as-you-go basis, allowing service providers to immediately realize benefits without large up-front costs.

1 Source: OpenVault LLC Copyright 2012-2015 data from MSOs ranging in size from a few thousand subscribers to hundreds of thousands.