MATRIXX to help shape the future of industry open digital standards, easing the monetizing of next-generation services
Silicon Valley, Calif., June 2, 2021 — MATRIXX Software, a global leader in 5G monetization for the communications industry, today announced that it has joined TM Forum. As a key contributor in leading industry associations, including 3GPP, LF Networking, Telecom Infra Project and Cloud Native Computing Foundation, MATRIXX now joins TM Forum to further invest in helping operators build sustainable models for monetization as they move to standalone 5G.
“Fostering collaboration is essential to service providers’ 5G future as a new ecosystem of vendors emerges,” said Marc Price, CTO of MATRIXX Software. “Through our membership with TM Forum, we look forward to working alongside the world’s digital leaders to advance common objectives for Open APIs and Open Digital Architectures. With our perspective as a platform bridging both network and IT, we intend to use our experience to help deliver transformative change for this next era of telecommunications.”
In addition to empowering CSPs with unprecedented flexibility and scalability, new 5G architectures also unlock entirely new monetization models. Building on its engagement with open source and 5G standards bodies, MATRIXX joins TM Forum to help shape the standards which will enable CSPs to harness the full potential of those new opportunities. From agreeing on standards about how to integrate across an ever-expanding ecosystem of vendors, to setting guidelines for next-generation architectures, MATRIXX looks forward to sharing its product-first, cloud native experience with the broader operator community.
“Connectivity providers need the benefits of flexibility and speed to see a return on their considerable 5G investments and that means being free to choose best of breed solutions to make that a reality,” said Nik Willetts, CEO, TM Forum. “On behalf of our global member community, I welcome MATRIXX Software and look forward to having them bring their energy and experience to our collaborative programs, notably Open Digital Architecture. Now more than ever, simplifying how operators discover, deploy and operate the software that runs their business is essential to unlocking growth.”
With its API-first design, lightweight, no-code configuration, MATRIXX adds its modern, digital architecture to the community of TM Forum innovators. From its position as a bridge between both network and IT, MATRIXX is uniquely capable of contributing to new standards being developed by TM Forum that will help monetization deliver its promise of 5G ROI. As leading contributors in the broader, open source community, MATRIXX looks forward to partnering with other TM Forum members to share guidance on advancing a new age of services inspired by web scale best practices.
About TM Forum
TM Forum is an alliance of 850+ global companies working together to break down technology and cultural barriers between digital service providers, technology suppliers, consultancies and systems integrators. Our work is defined by our members, which include 10 of the world’s top 10 network and communications providers and stretch across 180 countries. Our members tap into each other’s collective experiences and abilities to collaboratively solve complex industry-wide challenges, deploy new services and create technology breakthroughs to accelerate change. Follow us on LinkedIn, Twitter and Facebook. Learn more at www.tmforum.org
About MATRIXX Software
MATRIXX Software delivers a modern converged charging and commerce solution proven at scale. Its cloud native Digital Commerce Platform provides network-grade, mission critical software that unlocks new network monetization opportunities. With its no-code configuration capabilities, MATRIXX empowers service providers with the agility necessary to easily develop, deploy and monetize new products and services. MATRIXX is the platform of choice powering many of the world’s leading communications companies, IoT players and emerging network infrastructure providers. MATRIXX makes it possible to harness commercial innovation and on-demand customer experience to better compete and drive new revenue and growth opportunities across markets and verticals.