|By ACN Newswire||
|April 14, 2014 04:16 AM EDT||
VoltDB's High Velocity Operational Database Further Enhances Flytxt's Real-time Analytics and Contextual Marketing Capabilities to Monetize Data Faster and More Efficiently
BEDFORD, Mass., Apr 14, 2014 - (ACN Newswire) - VoltDB today announced a technology partnership with Flytxt, a leading Big Data analytics solution provider to Communication Service Providers (CSPs). Flytxt has successfully integrated VoltDB's in-memory operational database with its real-time analytics platform, already being used in customer deployments to extract actionable intelligence from billions of events streaming each day from more than 200 million mobile subscribers.
"The partnership with VoltDB enhances our platforms' capability to act upon insights derived from subscriber actions in real time," said Prateek Kapadia, CTO, Flytxt. "This is another step towards realizing our vision to transform high volume, high variety, high velocity network, usage, billing and other data streams to generate measurable economic value for our CSP customers."
Flytxt's Big Data analytics solutions enable more than 50 CSPs across 32 countries to increase revenues, reduce churn, drive data adoption and growth, optimize margins and generate new revenue streams through advanced analytical capabilities. Flytxt's platforms and applications are built around its patent pending technologies that interpret, infer, discover and predict KPIs, insights, recommendations and actions from large volumes of subscriber data available with CSPs. Leveraging VoltDB's technology, Flytxt platforms can now generate behavioral, threshold and transactional triggers faster.
"Mobile service providers are striving to be able to analyze and interact with customer data as it arrives in real time," said Bruce Reading, VoltDB CEO. "Flytxt is leading that charge by demonstrating how service providers can act on real-time triggers to respond to customer needs and actions instantaneously. VoltDB delivers the in-memory analytics and massive scalability for Flytxt platforms to enable CSPs to engage with customers faster and seize opportunities to enhance revenue and the customer experience."
Flytxt is a leading provider of Big Data Analytics solutions that enable CSPs to derive measurable economic value from subscriber data. The company offers Customer Experience & Revenue Management and Data Monetization Solutions as well as consultancy services to enable operators to run campaigns for increasing revenue, reducing churn, enhancing loyalty and creating new revenue streams. Flytxt's closed loop integrated real-time marketing platform has been selected by leading CSPs across APAC and EMEA, serving more than 500 million subscribers and has generated over $350 million incremental revenue for them till now.
The company has won many industry awards like NASSCOM Emerge 50 league of 10, Aegis Graham Bell Award for innovation in Mobile Advertising, BID International Quality Summit Award, Red Herring Asia 100 and IEEE Cloud Computing Challenge. With its headquarters in the Netherlands, corporate office in Dubai and global delivery centers at Trivandrum and Mumbai in India, the company has presence in New Delhi, Lagos, Nairobi, Kuala Lumpur and London. For more information about Flytxt, visit www.flytxt.com.
VoltDB provides the world's fastest operational database, delivering high-speed data processing and real-time, in-memory analytics in a single database system. VoltDB is a relational database that gives organizations an unprecedented ability to build ultra-fast applications that can extract insights from massive volumes of dynamic data and enable real-time decision-making. Organizations in markets including mobile, financial services, energy, advertising and gaming use VoltDB to maximize the business value of data at every interaction. VoltDB is privately held with offices in Bedford, Mass. and Santa Clara, Calif. For more information, please visit http://voltdb.com/.
The world's fastest applications run on VoltDB.
Davies Murphy Group, Inc.
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