LHS, part of the Ericsson Group (NASDAQ:ERIC), and a leading provider of telecom billing and customer care systems across the wireless, wireline, and IP telecom markets worldwide, today announced the launch of its new BSCS iX Release 3 software at the 2009 GSMA Mobile World Congress. At the event, held February 16-19, 2009 in Barcelona, LHS will be present at the same booth as last year in hall 2, stand 2 E 41, level 0.
With BSCS iX Release 3, LHS provides a new version of its endtoend charging, billing, and customer care system. Its open stateoftheart architecture is highly business adaptive, enabling stepwise modular upgrades in line with changes to the business environment. This means that BSCS iX Release 3 can meet the endtoend requirements of entry level communication service providers with high growth potential or can easily be integrated into the complex IT environment of mature businesses with highly demanding large scale subscriber bases.
New features and capabilities in the new release reflect the industry's trend towards next generation business models. This includes even greater flexibility and more comprehensive wholesale business and partner management as well as features supporting business models for new all-IP based services. At the same time, this is LHS' first release with advanced reporting and integrated business intelligence capability, for which they integrated SAP BusinessObjectsTM software. With its latest release, LHS recognizes the strategic importance of billing data and the need to make it easily accessible for business performance analysis and strategic decision making.
"BSCS iX Release 3 allows customers to offer the innovative value added services, personalized multiservice packages and the high level of customer focus that are critically important as competition moves away from just price and alternative business models emerge. Moreover, it delivers the essence of convergence; enabling them to offer the simplicity, convenience and choice that subscribers increasingly demand," said Dr. Jens Trötscher, CTO of LHS.
"We consider the Mobile World Congress to be the ideal forum for the launch of the latest development of our strategic product roadmap. In line with the conference's theme of 'Think Forward,' BSCS iX Release 3 is geared to empower communications providers to meet the increasing next generation service demands of their customers, coupled with even higher levels of efficiency and lower cost of ownership," he added.
Organized by the GSMA, the global trade body for the mobile industry, the Mobile World Congress is widely recognized as the mobile industry's mustattend event. It will showcase mobile products and services from approximately 1,300 companies.
About LHS
LHS, part of the Ericsson Group (NASDAQ:ERIC), is a leading independent software vendor (ISV) of billing and customer care systems in the telecom industry. The company's awardwinning solutions are used by the world's leading network and virtual operators, to generate and manage consistent revenue streams. LHS Business Support Systems offer full convergence on various levels, supporting the complete range of business models both across the mix of fixed and mobile services, as well as prepaid and postpaid services. LHS builds innovative systems that enable our customers to introduce new services fast, helping drive revenues up, while keeping operational costs to a minimum. LHS' headquarters are located in Frankfurt, Germany, with main offices in Brazil, France, Malaysia, and the UAE. LHS Aktiengesellschaft as the Group's Holding company is a public company listed on the Frankfurter Stock Exchange (LHS400).
For more information, please visit www.lhsgroup.com
About Ericsson
Ericsson is the world's leading provider of technology and services to telecom operators. The market leader in 2G and 3G mobile technologies, Ericsson supplies communications services and manages networks that serve more than 250 million subscribers. The company's portfolio comprises mobile and fixed network infrastructure, and broadband and multimedia solutions for operators, enterprises and developers. The Sony Ericsson joint venture provides consumers with featurerich personal mobile devices.
Ericsson is advancing its vision of 'communication for all' through innovation, technology, and sustainable business solutions. Working in 175 countries, more than 70,000 employees generated revenue of USD 27 billion (SEK 209 billion) in 2008. Founded in 1876 and headquartered in Stockholm, Sweden, Ericsson is listed on OMX Nordic Exchange Stockholm and NASDAQ.
For more information, visit www.ericsson.com or www.ericsson.mobi.
With BSCS iX Release 3, LHS provides a new version of its endtoend charging, billing, and customer care system. Its open stateoftheart architecture is highly business adaptive, enabling stepwise modular upgrades in line with changes to the business environment. This means that BSCS iX Release 3 can meet the endtoend requirements of entry level communication service providers with high growth potential or can easily be integrated into the complex IT environment of mature businesses with highly demanding large scale subscriber bases.
New features and capabilities in the new release reflect the industry's trend towards next generation business models. This includes even greater flexibility and more comprehensive wholesale business and partner management as well as features supporting business models for new all-IP based services. At the same time, this is LHS' first release with advanced reporting and integrated business intelligence capability, for which they integrated SAP BusinessObjectsTM software. With its latest release, LHS recognizes the strategic importance of billing data and the need to make it easily accessible for business performance analysis and strategic decision making.
"BSCS iX Release 3 allows customers to offer the innovative value added services, personalized multiservice packages and the high level of customer focus that are critically important as competition moves away from just price and alternative business models emerge. Moreover, it delivers the essence of convergence; enabling them to offer the simplicity, convenience and choice that subscribers increasingly demand," said Dr. Jens Trötscher, CTO of LHS.
"We consider the Mobile World Congress to be the ideal forum for the launch of the latest development of our strategic product roadmap. In line with the conference's theme of 'Think Forward,' BSCS iX Release 3 is geared to empower communications providers to meet the increasing next generation service demands of their customers, coupled with even higher levels of efficiency and lower cost of ownership," he added.
Organized by the GSMA, the global trade body for the mobile industry, the Mobile World Congress is widely recognized as the mobile industry's mustattend event. It will showcase mobile products and services from approximately 1,300 companies.
About LHS
LHS, part of the Ericsson Group (NASDAQ:ERIC), is a leading independent software vendor (ISV) of billing and customer care systems in the telecom industry. The company's awardwinning solutions are used by the world's leading network and virtual operators, to generate and manage consistent revenue streams. LHS Business Support Systems offer full convergence on various levels, supporting the complete range of business models both across the mix of fixed and mobile services, as well as prepaid and postpaid services. LHS builds innovative systems that enable our customers to introduce new services fast, helping drive revenues up, while keeping operational costs to a minimum. LHS' headquarters are located in Frankfurt, Germany, with main offices in Brazil, France, Malaysia, and the UAE. LHS Aktiengesellschaft as the Group's Holding company is a public company listed on the Frankfurter Stock Exchange (LHS400).
For more information, please visit www.lhsgroup.com
About Ericsson
Ericsson is the world's leading provider of technology and services to telecom operators. The market leader in 2G and 3G mobile technologies, Ericsson supplies communications services and manages networks that serve more than 250 million subscribers. The company's portfolio comprises mobile and fixed network infrastructure, and broadband and multimedia solutions for operators, enterprises and developers. The Sony Ericsson joint venture provides consumers with featurerich personal mobile devices.
Ericsson is advancing its vision of 'communication for all' through innovation, technology, and sustainable business solutions. Working in 175 countries, more than 70,000 employees generated revenue of USD 27 billion (SEK 209 billion) in 2008. Founded in 1876 and headquartered in Stockholm, Sweden, Ericsson is listed on OMX Nordic Exchange Stockholm and NASDAQ.
For more information, visit www.ericsson.com or www.ericsson.mobi.
