TEL
AVIV, Israel, May 2, 2024
/PRNewswire/ -- RADCOM Ltd. (Nasdaq: RDCM) announced
today that a U.S. telecom operator has extended its contract to use
RADCOM ACE Service Assurance to drive quality and ensure superior
customer experiences. As part of this contract extension, RADCOM
ACE will run on Amazon Web Services (AWS) as a
Software-as-a-Service (SaaS).
Deploying RADCOM ACE on AWS will enable this operator to achieve
high levels of automation and flexibility when using their
assurance solution to gain real-time insights into the network and
user experience. This allows the operator to adapt quickly to
network changes, ensuring excellent customer experiences and
delivering top-quality services.
"We are thrilled to be chosen by this customer and extend our
relationship with them as we migrate their assurance solution to a
full SaaS model. It is a testimony to our innovative cloud-based
solution and telco-cloud domain expertise," said Hilik Itman,
RADCOM's interim Chief Executive Officer. "Assurance automation and
integration with AWS enable telecom operators to roll out services
faster, manage networks more efficiently, and gain real-time
insights for top-quality service delivery on AWS."
RADCOM ACE leverages its cloud-native architecture to
efficiently integrate with multiple AWS services as it processes
the operator's network data, presents critical insights, and
automates changes. The migration from a private cloud environment
to a SaaS model on AWS addresses the operator's need to reduce cost
and focus its engineering resources on highly technical tasks. The
telecom operators' experience and usage of RADCOM's Service
Assurance platform was a crucial consideration in selecting the
solution for its network migration to AWS, as it helps engineering
teams maintain consistency in service quality, measured and ensured
by RADCOM ACE.
For all investor inquiries, please contact:
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, 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 is not 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 the Company discusses the
potential benefits of the RADCOM ACE Service Assurance, it is using
forward-looking statements. These forward-looking statements
involve known and unknown risks and uncertainties that could cause
the actual results, performance, or achievements of the Company 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 the Company'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 the Company's business, reference is
made to the Company's reports filed from time to time with the U.S.
Securities and Exchange Commission. The Company does not undertake
to revise or update any forward-looking statements for any
reason.
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
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SOURCE RADCOM Ltd.