RateIntegration and Ibrix Announce the Availability of PriceMaker Rating Grid(TM)
Provides a Powerful Rating Solution with Scalable Throughput of Over One Million Events Per Second that Allows Service Providers to Dynamically Optimize Pricing Plans
CHICAGO, April 25 -- RateIntegration, the leading provider of Revenue Lifecycle Management solutions, and IBRIX(R), the leader in scalable file serving solutions, today announced the general availability of the PriceMaker Rating Grid(TM). Delivering sustained throughput for rating and discounting of over 1.1 million events per second, the PriceMaker Rating Grid helps telecommunications service providers model the profitability of competitive pricing plans at a minimum 10x price/performance over existing solutions.
The PriceMaker Rating Grid(TM) is a highly scalable rating solution based on RateIntegration's PriceMaker Enterprise Pricing Server 8.0 and the IBRIX Fusion(TM) scalable file serving solution. Rating Grid(TM) Scalability performance benchmarks conducted at Yale University using real-world rating and discounting scenarios used by Tier I service providers yielded an observed aggregate throughput in excess of 1.1 million Call Detail Records (CDRs) per second or four billion events per hour. The PriceMaker Rating Grid was loaded with over two billion CDRs, as well as four million subscribers and real-world "re-price" scenarios typically used for modeling new services or competitive analyses.
"Showing that PriceMaker can cost effectively scale to over one million transactions per second is an outstanding benchmark result," said Thomas Thekkethala, CEO of RateIntegration. "More impressive is the fact that the overall benchmark included complex rating and discounting scenarios, which truly makes price modeling, re-pricing, invoice-level revenue assurance and cost audit and profitability analytics accessible to service providers at very reasonable price points."
PriceMaker Enterprise Pricing Server is the engine that powers RateIntegration's complete Revenue Lifecycle Management (RLM) solutions which are in use today by some of the largest service providers in the world. These solutions, powered by the IBRIX Fusion(TM) segmented file system technology, provide service providers with the data and analysis required to conduct profitability analytics for all services in the multiple markets they serve.
"IBRIX Fusion(TM) significantly increases application performance by improving data delivery to computing elements," said Shaji John, CEO of IBRIX. "This benchmark clearly illustrates IBRIX's scalable file serving solution is the clear choice for carriers that require high throughput and scalability." The PriceMaker Rating Grid is available from RateIntegration and its partners and is delivered as a turnkey solution for service providers worldwide. The entry-level solution includes 16 nodes capable of processing 350,000 CDRs per second. Advanced offerings can be scaled to support larger configurations capable of processing multiple millions of CDRs per second.
RateIntegration and IBRIX will showcase the PriceMaker Rating Grid(TM) at the TeleStrategies Billing and OSS World Conference April 25 - 27th at McCormick Place in Chicago. The demonstration, including the scalability performance benchmark, will be hosted at the RateIntegration booth (213). A Scalability white paper detailing this effort along with a discussion of the results will be available at the Conference as well as at RateIntegration's web site at www.rateintegration.com.
About RateIntegration
RateIntegration provides enterprise wide pricing and rating solutions to software, service, and system integration companies developing high performance enterprise applications for use in the telecommunications, media, retail, insurance, and financial services industries. The Company's flagship PriceMaker(TM) Enterprise Pricing Server product was designed specifically to leverage existing infrastructure software investments by easily integrating with other enterprise applications and data sources. RateIntegration's customer base includes software and service companies worldwide including BT Group, TeliaSoneraSergel, Subex-Azure Ltd, MTC-Vodafone, Telefonica, Vercuity, and Starhub. RateIntegration has offices in the United States and Europe. More information can be found on the Company's Web Site at www.rateintegration.com.
About IBRIX, Inc.
IBRIX(R) delivers increased application performance to enterprise computing environments utilizing a unique parallel file serving solution. IBRIX Fusion(TM) is comprised of a single namespace parallel file system, a scalable volume manager, high availability features, and a comprehensive management interface. IBRIX Fusion is the most scalable, economical, multi- purpose file serving solution available for cluster computing, grid computing, and enterprise computing environments. Based on IBRIX's patented Segmented File System(TM), IBRIX Fusion increases application performance, simplifies administration, and reduces total cost of ownership. The IBRIX Fusion file serving solution is available through leading OEMs. For more information, visit www.IBRIX.com.
CONTACT: RateIntegration - Maven Media Group, +1-720-320-1161, or mark@mavenmediagroup.com; or Christine Newman of IBRIX, Inc., +1-978-670-7400, x150, or cnewman@IBRIX.com
