Zero Octa had been the preferred supplier for revenue protection services for Star Alliance since September 2005
Zero Octa, the specialist audit subsidiary of Kale Consultants Ltd, and the Star Alliance, today announced that Zero Octa has been selected as preferred vendor for sales audit and revenue recovery and protection services for its member airlines.
Zero Octa had been the preferred supplier for revenue protection services for Star Alliance since September 2005. This new contract in effect extends this agreement and reaffirms Zero Octa as being an industry leader in the delivery of best practice solutions and services in the audit domain for airlines.
The appointment of Zero Octa is the outcome of a central selection process undertaken by Star Alliance on behalf of its member carriers. As a result, participating member carriers can now contract their individual requirements from Zero Octa, at favourable conditions and also expand the scope of work. This agreement covers multiple audit services, including passenger audit, collections management, refund application processing, BIDT audit, direct operating cost audit, etc.
On Tuesday, Kale Consultants ended 2.71% up at Rs98.50 on the Bombay Stock Exchange, while the benchmark Sensex declined 1.47% to 18,167.64.
Subex Ltd has won $12 million licence contract from a mobile group operating in Europe, West Asia and Africa to implement its ROC platform for fraud management and revenue assurance
Bangalore-headquartered Subex Ltd said that it has been chosen for a $12 million licence contract by a mobile group operating in Europe, West Asia and Africa to implement its ROC platform for fraud management and revenue assurance.
Subex Ltd is a global provider of operations and business support systems (OSS/BSS) for communications service providers.
The project would be executed over the next 16 to 18 months, the company said in a statement. The scope of the contract is expected to be expanded, resulting in the contract value potentially going up to $20 million.
The telco, with operations in several countries, would implement ROC in all the networks. "This is the largest ROC contract that the company has won till date and vindicates the company's belief that a huge market is opening up for ROC. Several large contracts for ROC are also in the pipeline," it said.
ROC fraud management is built to help CSPs (Communication Service Providers) move toward fraud prevention by eliminating known frauds, reducing free-run time, augmenting internal controls and continuous fraud management process improvement, Subex said.
ROC revenue assurance is designed not only to detect potential revenue loss, but also to assist an operator with its investigation, diagnosis and recovery of these revenues, it added.
On Tuesday, Subex ended 6.88% down at Rs50.75 on the Bombay Stock Exchange, while the benchmark Sensex declined 1.47% to 18,167.64.
Tata Consultancy Services has won a multi-million dollar IT infrastructure deal from Dutch technical consultancy firm Royal Haskoning
Software firm Tata Consultancy Services (TCS) said it has won a multi-million dollar IT infrastructure deal from Dutch technical consultancy firm Royal Haskoning.
The scope of the project covers end-to-end IT infrastructure services, which will be provided from TCS' global delivery centres in the Netherlands, Hungary and India, TCS said in a statement.
The services include a multi-lingual service desk, data centre hosting and management, end-user computing services, application support services and transformation solutions, it added. But it did not say anything about the exact amount involved in the deal.
"Royal Haskoning is planning to grow, not only in our existing home countries, but also across emerging markets. We face interesting new challenges and consistent experience of service delivery is essential for us to be successful. TCS' delivery model will give our company the necessary support," Royal Haskoning chief information officer Eric Overvoorde said.
Founded in the Netherlands in 1881, Royal Haskoning operates in 17 countries with 3,900 employees and 57 offices.
The company's deal is with Aspire Zone Foundation based in Qatar. It is a sports institute and Satyam is a very strong player in the sports vertical. It specialises in providing IT infrastructure and IT services to companies in the sports arena.
On Tuesday, TCS ended 0.62% down at Rs1,089.80 on the Bombay Stock Exchange, while the benchmark Sensex declined 1.47% to 18,167.64.