Subex has landed a major managed services-cum-license contract worth $12 million by a global telecom service provider, for its ROC Data Integrity Management solution.

Subex, a global provider of operations and business support systems (OSS/BSS) for communications service providers, notes that the managed services portion is for three years and is renewable at the end of that period.

The ROC Data Integrity Management solution will help Subex to address any vulnerability to fraud and revenue leakages. It will also provide maximum protection and revenue optimization for the customer’s operations.

According to Subex, the client selected the company due to its strong position in the Fraud Management, Revenue Assurance and Data Integrity Management domains around the world.

This contract is follows multiple customer wins across India, Africa, Europe and Latin America for Subex’s ROC platform. Also, many existing contracts were upgraded to include additional solutions, says Subex.

“This is a huge win for our ROC offering which is experiencing worldwide traction. Our average contract size is growing and we plan to get better margins and grow non linearly,” said Subash Menon, founder chairman, managing director and CEO of Subex Limited. “ Managed Services is a key area for us and is expected to contribute around 15 per cent of our revenue this year. We expect the momentum to continue and expect managed services to contribute around 25 per cent of our overall revenue in a couple of years. We are in for exciting times and are confident of meeting our financial objectives.”

Read a related article at TMCnet: “Subex ROC for Fraud Management, Revenue Assurance Picked by a Palestine Operator.”