Press Release

MATRIXX Software Joins TM Forum as 5G Monetization Takes Priority for Operators

MATRIXX to help shape the future of industry open digital standards, easing the monetizing of next-generation services

Silicon Valley, Calif., June 2, 2021MATRIXX 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 is the global leader in 5G monetization for the communications industry. Serving many of the world’s largest operator groups, regional carriers, and emerging digital service providers, MATRIXX delivers a cloud native digital commerce solution that enables unmatched commercial and operational agility. Unifying IT & networks, MATRIXX delivers a network-grade converged charging system (CCS) enabling efficient hyper-scaling of infrastructure to support consumer services, wholesale and enterprise marketplaces. Through its relentless commitment to product excellence and customer success, MATRIXX empowers businesses to harness network assets and business agility to succeed at web scale.

 

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