MATRIXX Software Launches Charging Engine 1000 for Communications and Media Services

With brand new, patent-pending technology, MATRIXX Charging Engine enables service providers to quickly and efficiently move to real-time rating and charging

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- MATRIXX Software, developer of the next generation of online charging and policy management solutions, today announces commercial availability of the MATRIXX Charging Engine 1000. MATRIXX Software has invented new, patent-pending technologies for online transaction processing (OLTP), rating and clustering. When combined, these technologies provide the industry’s most efficient transaction processing engine coupled with highly flexible pricing and rating functionality.

“There are many factors pushing communications service providers to implement real-time charging,” said Peter Dykes, senior analyst at Informa Telecoms & Media's Network Intelligence Centre. “Skyrocketing mobile data usage coupled with bill shock, the increased adoption of prepaid services, usage-based cloud offerings, micro-transactions, third party content, and LTE roll-outs will all require operators to move out of the batch world and into a real-time rating and charging environment – and do so cost-effectively.”

The MATRIXX Charging Engine is the first real-time solution on the market that combines network grade performance and reliability with the flexibility and configurability of traditional batch rating applications. Service providers can now deploy a transactional real-time charging infrastructure with a predictable and dramatically lower operating cost. MATRIXX Charging Engine empowers service providers to launch innovative new services and price plans, maintain their competitive edge, and keep costs and operational expenses under control as data usage continues to surge.

MATRIXX provides a unique solution for communications and media service providers looking to migrate to real-time charging by delivering:

• Unmatched Performance – Processing 30,000 events per second on a single rack, the MATRIXX Charging Engine outperforms all other commercial charging systems.
• Predictability and Stability - Its unique architecture allows MATRIXX Software to guarantee performance, independent of operator size or complexity of pricing, service offerings, and business models - giving service providers a predictable model for growth.
• Configurability and Flexibility – MATRIXX Charging Engine provides a configurable business platform with tools to quickly configure and launch new offerings and business models while continuing to guarantee performance, stability and carrier grade high availability.
• The Industry’s Best Price Performance - By achieving its breakthrough performance on off-the-shelf Linux servers, MATRIXX Charging Engine provides the best price performance of any online charging product in the market today.

As service providers move away from flat rate to more segmented and sophisticated pricing models, real-time is required so data service charges are completely transparent to subscribers. “Until now, the technology behind real-time charging could not provide the performance, flexibility and efficiency to process data usage profitably,” said Dave Labuda, CEO MATRIXX Software. “We are the only real-time charging vendor that does not depend on a 45-year old OLTP model; by taking an innovative new approach, we make the move to real-time much more affordable and therefore immediately valuable to the business.”

For more information, please visit www.matrixxsw.com

About MATRIXX Software

MATRIXX Software is reinventing real-time to deliver solutions that help service providers address the growing volume and complexity of services that require real-time processing. Our flagship product, the MATRIXX Charging Engine, is the ultimate solution for service providers who want to monetize their portfolio of services and content. By delivering a ten to fifty-fold increase in performance over existing charging systems, the MATRIXX solution enables an entirely new operational cost structure for online charging and policy management. It empowers service providers to monetize all products, services, and content in real-time at a dramatically lower cost per transaction (CPT). For more information, visit www.matrixxsw.com.

CONTACT:

MATRIXX Software
Simon Marshall, +1-770-596-4072
Public Relations
Simon.Marshall@matrixxsw.com
Jennifer Kyriakakis, +1-408-600-1295
VP marketing
Jennifer.kyriakakis@matrixxsw.com

KEYWORDS:   United Kingdom  United States  Europe  North America  California

INDUSTRY KEYWORDS:   Technology  Data Management  Hardware  Internet  Networks  Software  Telecommunications  Mobile/Wireless

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