Telstra has revealed the addition of almost one million new mobile services in the six months to December 2011, but Sensis revenues plummeted 24 percent in 12 months.
Oracle Corporation is to acquire Portal Software, which claims to be the premier global provider of billing and revenue management solutions for telecommunications and media markets, for approximately $US220 million in cash.
According to Portal's founder and CEO, Dave Labuda. "Bringing together Oracle's leading ERP, CRM and infrastructure software with Portal's global billing and revenue management into an integrated solution is a huge win for our customers."
Portal's management and employees will form a dedicated global communications business unit within Oracle concentrating on billing and revenue management. Bhaskar Gorti, Portal's current SVP of worldwide sales, services and marketing, will lead the unit as general manager, and Labuda will become the unit's CTO.
Oracle's president, Charles Phillips, claimed that "The combination of Oracle and Portal delivers the first end-to-end packaged enterprise software suite for the communications industry...We supply technology and applications to over 90 percent of communications companies worldwide today, and billing is a logical and complementary addition for those customers."
Oracle claims a "long commitment to the communications industry" saying that "17 of the top 20 most profitable communications companies run Oracle Applications... [and] Oracle's Siebel Telecom applications have become the standard for telco call centres and customer care."
Portal claims to offer "the only billing and revenue management solution with a modern, object-oriented architecture built on Oracle that can bill and manage all communications services including wireline, wireless, broadband, cable, voice over IP, IPTV, music, and video." Telstra is one of its customers.
David Bass
| ComOps, a leading Australian provider of business software products and services, has won a competitive tender to deploy its Salvus safety, r…
How to Make Business Discovery Work for Your Business
Business Discovery takes its cues from consumer apps. Like Google, it encourages us- ers to hunt for and explore data without worrying about or even noticing the underly- ing technology. Their entire experience is working within an intuitive interface to get real-time, self-service results with only minimal training. ...more
Try an easy-to-use set of web-enabled
tools for business-class productivity services. Office 365 provides
anywhere-access to email, important documents, contacts, and calendars
on almost any device.
Latest Headlines from IT INDUSTRY
