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Redknee Creates ATM on a Handset for Emerging Markets

| Nov 21, 2007 | Carrier IP Telephony | Competitive Update

| Analyst: Jeff Ogle


Current Perspective:
Positive
Vendor Importance: High
Market Impact: Moderate


Event Summary

On November 19th Redknee announced that it has extended its real-time Turnkey Converged Billing solution with the introduction of Mobile Money Services. The new feature is an option available to mobile operators who want to offer secure, easy-to-use and cost-effective mobile money capabilities to enable faster and easier remittances for emerging markets. For many emerging markets the mobile device is the only device available to support commerce and the adoption of new revenue sources.


Recommended Competitor Actions

• Tekelec and Italtel that have both partnered with BEA to fill holes in each companies IMS/NGN product portfolio and because it helps fulfill the needs of the Service Delivery Platform (SDP) for both wireline and wireless networks should look to add similar capability to their solutions and services. This type of mobile banking is typical of the benefits that will be associated with FMC.

• ClairMail should highlight its offering in mobile banking and payment applications that enable the use of a phone’s existing messaging and mobile web software to extend the capabilities of third-party native client applications. ClairMail should note that previous generations of mobile banking software only worked on a subset of high-end PDAs, with its solution, virtually all mobile phones with text-based and Web-enabled capabilities can be leveraged to offer new high-value mobile banking services.

• Oracle should highlight the capabilities it offers mobile operators as part of its communications solutions. Oracle should show how its solutions enable revenue generation over fixed and mobile networks by supporting a variety of services (mobile voice, data, video, and content) that can be leveraged by operators to support mobile commerce. Oracle should highlight its carrier-grade applications, middleware, database, and decision-support tools which are based on the strengths of PeopleSoft, Siebel, Portal Software, MetaSolv and others.

• Tier 1 vendors such as Alcatel-Lucent, Ericsson, Nokia Siemens Networks should highlight their ability to provide a one-stop solution for everything from the mobile infrastructure to an integrated OSS/BSS turnkey solution. Each should highlight the success in helping mobile operators address the changing mobile services market and outline architectures and solutions that can provide flexible mobile services and new revenue opportunities derived from mobile commerce.

• VeriSign should highlight the solutions it provides for mobile banking to facilitate the delivery of easy-to-use mobile banking services. VeriSign should also stress its ability to offer managed services as well as its broad portfolio of mobile commerce services that help produce new revenue streams for targeted markets. VeriSign should also tout its security heritage and strong partnerships with leading suppliers and mobile operators.

 

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Current Perspective

Competitive Positives and Concerns

Recommended Vendor Actions

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Company Advisors
Carrier IP Telephony
Alcatel-Lucent
Ericsson
Italtel
Nokia Siemens Networks
Tekelec
Application Infrastructure
Oracle
Enterprise Security
VeriSign