Telecoms analytics solution provider Subex announced it has signed a multi-million-dollar contract with Australia’s Optus to implement its ROC Network Asset Management solution.
Optus has designed a network assurance program to ensure clear visibility across the complete lifecycle of the program.
The ROC Network Asset Management system will enable the Singtel-owned telco to control its existing and new network investments - maximize usage of in-house network assets towards expansion, re-harvest existing assets and optimize the network utilization - through a network efficiency framework.
The implementation will further help Optus to protect their network investments, improve utilization visibility and provide better financial controls, Subex said.
Subex CEO and managing director Vinod Kumar said the Optus win allows the company to increase its footprint in the Australian market.
“The partnership will also play a larger role in the industry by providing guiding principles for cost management for global operators who are looking to undergo a network upgrade program” Kumar said in a company statement.
The ROC Network Asset Management, a telecom asset lifecycle management solution, provides a framework and controls to manage network capex efficiently. The solution also provides standardized processes for managing and optimizing network assets. It ties together the financial parameters of assets with current utilization and location, thus creating a 360 degree view of the asset.
This enables effective validation of requests for capex spend, generation of accurate reports for audits and better calculation of return on assets. It also creates opportunities to generate free cash flow by identifying end-of-life assets for monetization.