Company:TEOCO
| Type | Privately held company |
|---|---|
| Industry | Telecommunications |
| Genre | Software |
| Founded | 1994 |
| Founder | Atul Jain |
| Headquarters | Fairfax, Virginia, United States |
Area served | Worldwide |
Key people | Atul Jain, Chairman & CEO Philip Giuntini, Vice Chairman & President Avi Goldstein, CFO |
TEOCO is a privately held telecom software vendor based in Fairfax, Virginia, in the United States.
History
TEOCO was founded in 1995 and is based in Fairfax, Virginia. The company's name is an acronym derived from 'The Employee Owned Company.' It has grown through acquisition, which has enabled it to add new solutions to its portfolio, as well as new customers and territories. In October 2009, TA Associates completed a $60 Million minority investment in TEOCO.[1] In 2014 it employed 1,300 people and had revenues of approximately $175 million.[2]
In 2008, Razorsight, a revenue and cost optimization vendor, was ordered to pay TEOCO $4.5 million for theft of TEOCO's intellectual property.[3]
TEOCO was involved in the Iowa Utilities Board and subsequent FCC ruling in Qwest communication's Traffic pumping case.[4] TEOCO, a supplier to Qwest of cost and revenue management solutions, used its technology to capture and analyze five years of call detail records to help determine damages.[5]
Acquisitions
- 2002 – Respond Networks, a provider of lead management solutions[6]
- 2008 – Vero Systems, a margin management and Least-cost routing solutions vendor[7]
- 2010 – TTI for $58 million[8]
- 2013 – Aircom, a provider of network design and optimization software and solutions[9]
- 2017 – CETECOM's US Mobile Communications Testing Services (CTS MC) subsidiary[10]
- 2017 – PreClarity, a provider of data processing and analytics solutions[11]
- 2019 – CIQUAL Limited, a vendor of quality of experience (QoE) solutions[12]
Products
TEOCO provides invoice business process outsourcing, consultancy, cloud and support services. This includes: a range of analytics solutions, RAN solutions to address planning and configuration, optimisation and analytics, and service assurance solutions covering performance, fault and service management.
In February 2020, TEOCO announced the latest version of its service assurance platform called HELIX 11.[13]
References
- ↑ BusinessWire (2009). "ITA Associates Completes $60 Million Minority Investment in TEOCO". EarthTimes. http://www.earthtimes.org/articles/show/ta-associates-completes-60-million-minority-investment-in-teoco,987381.shtml.
- ↑ "Bootstrapping a $175 million Business With Services, Teoco CEO Atul Jain". SRAMANAMITRA. 19 October 2014. https://www.sramanamitra.com/2014/10/19/bootstrapping-a-175-million-business-with-services-teoco-ceo-atul-jain-part-6/.
- ↑ "Razorsight Steals From TEOCO Pays $45m". Commsrisk. 22 May 2008. https://commsrisk.com/razorsight-steals-from-teoco-pays-us45m/.
- ↑ "FCC Daily Releases". http://www.fcc.gov/Daily_Releases/Daily_Business/2009/db1125/FCC-09-103A1.txt.
- ↑ "Pumpers in Iowa Lose Big". http://www.billingworld.com/articles/pumpers-in-iowa-lose-big,p2.html.
- ↑ "TEOCO Corporation Acquires Respond Networks". Silicon India. 17 December 2002. https://www.siliconindia.com/shownews/TEOCO-Corporation-acquires-Respond-Networks-nid-17944-cid-2.html.
- ↑ "TEOCO Acquires Vero Systems". Business Wire Press Release. 1 October 2008. https://www.businesswire.com/news/home/20081001005248/en/TEOCO-Acquires-Vero-Systems.
- ↑ "TEOCO buys TTI". Globes. 9 June 2010. https://en.globes.co.il/en/article-1000565801.
- ↑ "TEOCO Buys Up Aircom". Telecoms.com. 21 November 2013. https://telecoms.com/199581/teoco-buys-up-aircom/.
- ↑ "TEOCO buys a slice of Cetecom, Bolsters IOT Strategy". Light Reading (LightReading). 11 July 2017. https://www.lightreading.com/iot/iot-strategies/teoco-buys-a-slice-of-cetecom-bolsters-iot-strategy/d/d-id/734460.
- ↑ "TEOCO Buys PreClarity to Enhance Analytics Offering". CommsRisk. 21 February 2017. https://commsrisk.com/teoco-buys-preclarity-to-enhance-analytics-offering/.
- ↑ "TEOCO Acquires QoE Measurement Firm Ciqual". The Fast Mode. https://www.thefastmode.com/solution-vendors-m-a/14882-teoco-acquires-qoe-measurement-firm-ciqual.
- ↑ "Service assurance platform updated for speed, built-in analytics, lower infrastructure costs, and better visualisation". Vanilla Plus. 17 February 2020. https://www.vanillaplus.com/2020/02/17/50714-service-assurance-platform-updated-speed-built-analytics-lower-infrastructure-costs-better-visualisation/.
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