|By RealWire News Distribution||
|May 14, 2014 06:09 AM EDT||
NFV-ready media optimization solution is finalist for Best New Product in the mobile segment
REDWOOD CITY, Calif - May 14, 2014 - Openwave Mobility, a software innovator enabling operators to manage and monetize mobile data, has been named a finalist in the prestigious Light Reading Leading Lights Award. The DynaMO, which has the ability to optimize all video, audio and web OTT content, has been shortlisted in the Best New Product for the Mobile category.
Over 50% of traffic on mobile networks is video. Openwave Mobility's powerful solution is equipped to maximize the efficiency of data transport over wireless networks and optimizes HD video and audio in real-time. DynaMO provides operators the option of hosting in the cloud or on the network. The solution can be deployed in a virtualized environment with dynamic scaling that is fully aligned with the industry initiative for Network Functions Virtualization (NFV).
The Best New Product for Mobile is awarded to the company that has developed a new solution with the potential to enable the deployment of profitable next-generation mobile services. DynaMO combines contextually selective and congestion-aware optimization techniques to deliver the highest quality video experience regardless of a user's device.
"Being nominated for the Leading Lights is amazing recognition" said John Giere, CEO at Openwave Mobility. "2014 marks Openwave Mobility's second anniversary and we launched innovative new products like the DynaMO and MOTIFY at the MWC 2014. Early in the year we've won two accolades and secured notable analyst recognition for these. That's what makes Openwave Mobility a market leader."
About Openwave Mobility
Openwave Mobility enables operators to manage and monetize mobile data using the industry's most scalable, Layer7 SDN/NFV platform. The company operates within the policy control and charging (PCC) space and delivers Policy Engagement with solutions that include Video Optimization to eliminate data congestion, and Mobile Data Monetization and Analytics to increase ARPU through personalized data plans. These solutions are supplemented by Subscriber Data Management, providing a single consolidated store for policy and subscriber data, and Mobile Analytics, providing subscriber segmentation and Business Intelligence.
Openwave Mobility delivers over 40 billion transactions daily and over half a billion subscribers worldwide use data services powered by its solutions. The company's global customer base consists of over 40 of the largest communication service providers including AT&T, Du, KDDI, Rogers, Sprint, Telus, T-Mobile, Telefonica, Telstra, Virgin Mobile & Vodafone. Openwave Mobility is owned by Marlin Equity Partners, a leading investment firm with over a billion dollars of capital under management that has publicly committed to building the company through expanded investment in R&D. The company has built a robust portfolio of Intellectual Property, which is growing month-by-month.
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Openwave Mobility and the Openwave Mobility logo are trademarks of Openwave Mobility Inc. All other trademarks are the properties of their respective owners.
For further information
Sonus PR for Openwave Mobility
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Tel: +44 20 7300 7216
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