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MetraTech Selected for Stratecast's Global OSS/BSS 10 to Watch in 2012 ListMetraTech Recognized for Agreements-Based Billing and Compensation Solutions (April 10, 2012)
WALTHAM, MA -- (Marketwire) -- 04/10/12 -- MetraTech Corp., the leading provider of agreements-based billing and compensation solutions, today announced that it has been named by Stratecast | Frost & Sullivan as one of the "Global OSS/BSS 10 to Watch" companies in 2012. Stratecast's annual report recognizes 10 companies that have developed innovative solutions that address business-critical objectives. MetraTech was acknowledged among these well-established companies for its market savvy, well-defined product offerings.
In today's marketplace, communication service providers (CSPs) must distinguish themselves through unique and partner-based service innovation, thus increasing the demand for solutions that can manage both the billing revenue stream and the compensation for suppliers and channels. Stratecast specifically recognized MetraTech for its agreements-based billing (ABB) solutions, which focus on helping companies achieve differentiating capabilities in markets that rely on fluid agreements, flexible pricing models and multi-party relationship monetization.
"Being included as part of Stratecast's 10 to Watch list underscores the value of our efforts to help organizations around the world differentiate and monetize their service offerings," said Scott Swartz, CEO of MetraTech. "We provide our customers with two solutions: MetraNet and Metanga, which meet the billing and compensation demands of the customer, partner or market. We will continue to focus on enabling organizations to maintain the competitive monetization advantages they need to succeed."
"Future business success in all industries depends on how quickly the end-to-end monetization and partner compensation processes can be addressed whenever business change occurs," said Karl Whitelock, director OSS/BSS strategy Stratecast | Frost & Sullivan. "MetraTech is one of the few software suppliers that have grasped the complexities of the monetization processes by moving ABB to a solution reality for not just the communications industry, but a host of others including the financial services, conferencing and collaboration, cloud services and transportation services industries."
MetraTech Corp. offers an innovative approach to billing, compensation and customer care. We empower organizations to embrace change through a unique agreements-based billing and compensation solution that models and supports fluid, personalized, multi-party agreements. We automate business processes and business models to address rapidly changing or complex business strategies. Our products are deployed globally, and our customers use MetraTech to securely collect revenue, compensate partners and manage their customer lifecycle in 12 languages, 28 currencies and 90 countries. Customers include Concur, The Depository Trust and Clearing Corporation (DTCC), CETIP, the City of Chicago, Microsoft, PGi and OnStream (National Grid). The company is headquartered in Boston, with offices in San Francisco, Paris, Rio de Janeiro and London. MetraTech is a venture-backed, privately held company whose investors include Accel Partners, Meritech Capital and Vesbridge Partners. For more information, please visit www.metratech.com and www.metanga.com.
Stratecast collaborates with our clients to reach smart business decisions in the rapidly evolving and hyper-competitive Information and Communications Technology markets. Leveraging a mix of action-oriented subscription research and customized consulting engagements, Stratecast delivers knowledge and perspective that is only attainable through years of real-world experience in an industry where customers are collaborators; today's partners are tomorrow's competitors; and agility and innovation are essential elements for success. Contact your Stratecast Account Executive to engage our experience to assist you in attaining your growth objectives.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, partners with clients to accelerate their growth. The company's TEAM Research, Growth Consulting, and Growth Team Membership empower clients to create a growth-focused culture that generates, evaluates, and implements effective growth strategies. Frost & Sullivan employs over 50 years of experience in partnering with Global 1000 companies, emerging businesses, and the investment community from more than 40 offices on six continents. For more information about Frost & Sullivan's Growth Partnership Services, visit http://www.frost.com
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