Continual acquisition bears fruit by powering enhanced
location-based analytics
TEL
AVIV, Israel, Nov. 7, 2024
/PRNewswire/ -- RADCOM Ltd. (Nasdaq: RDCM) announced
today that a North American operator has selected RADCOM to provide
its leading Radio Access Network (RAN) Analysis solution. This
multi-year, low seven-figure contract aims to proactively ensure
optimal user experiences across the operator's 5G RAN network.
RADCOM's RAN Analysis capabilities have been significantly
bolstered by incorporating Continual's mobile experience analytics,
which RADCOM acquired in May 2023.
This integration enhances RADCOM's cloud-focused assurance and
intelligent analytics portfolio, especially within the radio
network domain.
"We are thrilled to collaborate with this operator as they
expand their advanced 5G voice services, utilizing cutting-edge
technologies," said Hilik Itman, RADCOM's Interim Chief Executive
Officer. "Our sophisticated RAN analysis empowers hundreds of
engineers to deliver a superior 5G voice experience by providing
precise, real-time insights into their RAN network's performance,
24/7. By integrating our RAN analytics with the operator's service
management system, their teams can prioritize and resolve issues
more efficiently, significantly reducing workload, cutting costs,
and enhancing customer satisfaction."
The contract provides the operator with RADCOM's advanced RAN
Analysis to optimize its Voice over New Radio (VoNR) or 5G voice
services on its public cloud network. This provides crucial data
insights, enabling engineers to resolve radio issues swiftly and
ensure top-quality VoNR services. The enhanced capabilities allow
the operator to conduct on-demand RAN analysis by correlating
radio, core, and geolocation data, delivering highly accurate,
real-time insights into VoNR performance at the subscriber
level.
Service degradations often occur within the RAN, creating
challenges for engineers tasked with identifying and prioritizing
customer-affecting issues when utilizing alternative RAN monitoring
solutions. RADCOM RAN Analysis overcomes these hurdles by
correlating radio performance with core data in real time to
pinpoint the problems that impact the user experience and
accurately reflect subscribers' experiences. It also provides
geolocation data, allowing teams to prioritize their efforts and
precisely target areas where quality is low.
RADCOM RAN Analysis also empowers network engineers with data
insights to optimize new radio sites throughout the roll-out
process—before, during, and after deployment—ensuring a proactive,
seamless end-to-end user experience. This approach significantly
reduces the need for physical drive tests, lowering CO2
emissions.
For more information about RAN Analysis, visit
https://radcom.com/solutions/network-performance/ran-analysis/, the
content of which does not form a part of this press release.
For all investor inquiries, please contact:
Investor Relations:
Miri Segal
MS-IR LLC
917-607-8654
msegal@ms-ir.com
Company Contact: Hadar Rahav
CFO
+972-77-7745062
hadar.rahav@radcom.com
About RADCOM
RADCOM (Nasdaq: RDCM) is the leading
expert in 5G-ready cloud-native, network intelligence solutions for
telecom operators transitioning to 5G. RADCOM Network Intelligence
consists of RADCOM Network Visibility, RADCOM Service Assurance,
and RADCOM Network Insights. The RADCOM Network Intelligence suite
offers intelligent, container-based, on-demand solutions to deliver
network analysis from the RAN to the core for 5G assurance.
Utilizing automated and dynamic solutions with smart minimal data
collection and on-demand troubleshooting, and cutting-edge
techniques based on machine learning, these solutions work in
harmony to provide operators with an understanding of the entire
customer experience and allow them to troubleshoot network
performance from a high to granular level while reducing storage
costs and cloud resource utilization. For more information on how
to RADCOMize your network today, please visit www.radcom.com, the
content of which does not form a part of this press release.
Risks Regarding Forward-Looking Statements
Certain
statements made herein that use words such as "expect," "believe,"
"will," "plan," or similar expressions are intended to identify
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995 and other securities laws.
For example, when RADCOM discusses its continued relationship with
the North American operator and the deployment of its services,
RADCOM's successful support of these services, the potential
benefits of RADCOM's solutions and products, as well as the
positive results of the Continual acquisition, it uses
forward-looking statements. These forward-looking statements
involve known and unknown risks and uncertainties that could cause
the actual results, performance, or achievements of RADCOM to be
materially different from those that may be expressed or implied by
such statements, including, among others, changes in general
economic and business conditions and specifically, decline in
demand for RADCOM's products, inability to timely develop and
introduce new technologies, products, and applications, loss of
market share and pressure on prices resulting from competition and
the effects of the war in Israel.
For additional information regarding these and other risks and
uncertainties associated with RADCOM's business, reference is made
to RADCOM's reports filed from time to time with the U.S.
Securities and Exchange Commission. RADCOM does not undertake to
revise or update any forward-looking statements for any reason.
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SOURCE RADCOM Ltd.
