Press Release
Text Messaging to Remain Dominant in Near Future, Evolve with New Capabilities, Says Industry Research Firm
March 01, 2010 | WAKEFIELD, Mass. | PrintFrost & Sullivan Surveys World’s Leading Telecom Operators and Industry Experts
Text messaging (SMS) will continue its dominance in the messaging arena for the foreseeable future and will evolve with additional features over the next three to five years, according to leading global research and consulting firm Frost & Sullivan in a report exclusively licensed to Comverse.
This evolutionary — rather than revolutionary — path will usher in text messaging with contextual presence and location information, as well as a unified identity for messaging that provides an user’s status, personal information, updates and messages in one user interface.
“SMS’s massive success and staying power give the industry valuable insight into its transition to next-generation messaging,” said Ronald Gruia, Principal Telecom Analyst for Frost & Sullivan, which conducted interviews with 18 leading telecom providers across major global regions and with strategic industry professionals.
“Simple accessibility, ubiquitous network interoperability, ease of use, affordability and price predictability for text messaging,” Gruia said, “are key guideposts as the industry evolves new messaging paradigms and migrates to next-generation networks.”
As the number of annual text messages nears four trillion globally, operators are concerned about avoiding commoditization, enhancing profitability, capitalizing on new capabilities, such as the Rich Communication Suite Initiative, and curbing potential competition from handset and Web companies.
“In-depth market research is an important tool employed by Comverse to help operators maximize revenues today and prepare for the future of messaging,” said Gabriel Matsliach, President of Products and Operations at Comverse, the world's leading supplier of software and systems enabling value-added messaging and content services, converged billing and active customer management, and IP communications.
“As the largest generator of mobile revenues after voice, messaging holds enormous potential for operators. With its steady focus on cost efficiency, growth enablement and innovation, Comverse is closely aligned with the study’s recommendations, making messaging smarter and leaner, positioning operators to unleash the growing value of messaging and other Comverse HUB Value-Added Services,” Matsliach said.
Comverse HUB Value-Added Services spans voice, messaging, mobile Internet and mobile advertising. Comverse HUB is a synergistic framework that enables service providers to maximize their business performance and augment their position in the market.
Click here for a copy of the Executive Summary of the report entitled “The Future of Messaging,” which provides a synopsis of the research.
About Comverse
Comverse is the world’s leading provider of software and systems enabling value-added services for voice, messaging, mobile Internet and mobile advertising; converged billing and active customer management; and IP communications. Comverse’s extensive customer base spans more than 125 countries and covers over 450 communication service providers serving more than two billion subscribers. The company’s innovative product portfolio enables communication service providers to unleash the value of the network for their customers by making their networks smarter. Comverse’s solutions support flexible deployment models, including in-network, hosted and managed services, and can run on circuit-switched, IP, IMS or converged network environments. Comverse is a subsidiary of Comverse Technology, Inc. (CMVT.PK). For more information, visit www.comverse.com.
All product and company names mentioned herein may be registered trademarks or trademarks of Comverse or the respective referenced company(s).
This release contains “forward-looking statements” under the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. There can be no assurances that any forward-looking statements will be achieved. Important factors that could affect the statements contained herein include: changes in the demand for the company’s products; changes in capital spending among the company’s current and prospective customers; the risks associated with the sale of large, complex, high capacity systems and with new product introductions as well as the uncertainty of customer acceptance of these new or enhanced products from either the company or its competition; and risks associated with rapidly changing technology and the ability of the company to introduce new products on a timely and cost-effective basis. The company undertakes no commitment to update or revise forward-looking statements except as required by law.
CONTACTS:
Investors/Business Press:
Paul D. Baker
Comverse Technology, Inc.
810 7th Ave
New York, NY 10019
(212) 739-1060
Industry Press:
Steve Eisenberg
Comverse, Inc.
steve.eisenberg@comverse.com
(732) 652-4712
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