MONTREAL--(BUSINESS WIRE)--Mahindra Comviva, the global leader in providing mobile solutions beyond Value-Added Services, today announced that it has joined hands with Vantrix, a pioneer in mobile video optimization and delivery solutions. Through this association, Mahindra Comviva will effectively manage, optimize and monetize the explosive growth of video traffic that service providers are experiencing in their markets.
“Today, it is evident that video content consumption is the key driver for data traffic growth on service provider networks. These providers need to manage the growing costs of this demand, offer a compelling experience to their customers and enable new revenue opportunities”
According to a recent study, mobile video traffic exceeded 50% in 2012 and it is predicted that by 2017, video will generate 66.5% of all mobile data traffic. Globally the internet video users will be 2 billion by 2017. At the same time, mobile video traffic in Africa is predicted to grow 27 fold from 2013 to 2017 at a compound annual growth rate of 93 per cent. Video will be 72 per cent of Africa's mobile data traffic in 2017, compared to 47 per cent at the end of 2012.
With this partnership, Vantrix’s advanced video optimization solution, Bandwidth Optimizer, will be integrated with Mahindra Comviva’s Mobile Data Platform (MDP), which is targeted at addressing the broadband traffic and specifically Video Traffic for Policy Management, Optimization and Monetization (MOM). This integrated solution will enable service providers to manage, optimize and monetize their mobile broadband video traffic while offering their subscribers a high performance and rich media experience, leading to increased data adoption and reduced network congestion.
Commenting on this strategic partnership, Madan G. Onkar, Vice President, Internet and Broadband Solutions, Mahindra Comviva said “Given the explosive growth in the video traffic and the increase in broadband subscribers globally, it’s imperative that video traffic is managed and delivered intelligently, in the most optimal manner without compromising the user experience, as it contributes a significant portion of the service providers data revenue today. We are delighted to have a reliable solution provider to jointly offer policy-based video optimization solutions to our customers worldwide.”
“Today, it is evident that video content consumption is the key driver for data traffic growth on service provider networks. These providers need to manage the growing costs of this demand, offer a compelling experience to their customers and enable new revenue opportunities,” said Alex Staddon-Smith, Sr. Vice President, Global Sales and Business Development, Vantrix. “We are delighted to partner with Mahindra Comviva to deliver a best-in-class solution to address these challenges. Our solution, Bandwidth Optimizer, is designed to improve the overall end user experience, while at the same time optimize the delivery of video content and enable monetization opportunities for our clients.”
Mahindra Comviva has more than a decade of experience in managing mobile data pipes for over 80 service providers globally across 40+ countries, while Vantrix solutions are deployed in over 75 mobile networks, serving more than one billion subscribers in five continents. Vantrix has also been partnering with Mahindra Comviva with their media transcoding for its Multimedia Messaging Service Center (MMSC) suite and RCSe compliant IMPS suite.
Comviva's MDP is a market proven platform that enhances customer’s QoE, resulting in an increase of operators' data volumes by over 40% and ARPU (Average Revenue per User) by 20%. MDP deploys advanced optimization, data management and monetization techniques to enhance the user experience by improving data download speeds by over 70% and stimulate revenue growth, whilst generating up to 45% savings on bandwidth and up to 50% on infrastructure investment.
About Mahindra Comviva
Mahindra Comviva is the global leader in providing mobile financial and VAS solutions. It’s a subsidiary of Tech Mahindra and a part of the USD 16.2 billion Mahindra Group. With an extensive portfolio of solutions spanning mobile finance, content, infotainment, messaging, mobile data and managed VAS services, Mahindra Comviva enables service providers to enhance customer experience, rationalize costs and accelerate revenue growth. Its solutions are deployed by over 130 mobile service providers and financial institutions in over 90 countries and enrich the lives of over a billion people, globally. For more information, please visit www.mahindracomviva.com.
Vantrix meets the demands of massive mobile data growth through bandwidth optimization, deep network traffic intelligence, and granular policy enforcement technologies. We reduce network congestion caused by video, web content and internet audio while enhancing revenue opportunities for mobile network operators worldwide. Vantrix software platforms provide operators with insight, control, and optimization capabilities that balance user experience quality with cost-effective use of network resources. Our rich heritage in mobile video and image optimization deliver high performance and adaptable solutions to meet unique operator needs.
To learn more, visit www.vantrix.com.