Actix, one of the leaders in Mobile Network Analytics and Optimization, recently announced that it has achieved strong revenue growth and profitability for its fiscal year 2011, which ended January 31, 2011. Actix (News - Alert) successfully achieved revenue of close to $40M, which representing double-digit growth over the previous year, while also more than tripling EBITDA based on unaudited results.
The company’s ActixOne Optimization Platform managed to achieve record revenues because many of the leading operators in Asia Pacific, North and South America and Europe adopted the platform. As of now, ActixOne has been deployed by 6 of the top 10 mobile network operators across the globe. Sales of ActixOne Network OSS and Subscriber Trace analytics modules have more than doubled, driven by the operator’s desire to use terabytes of multi-vendor network data and near-real time subscriber data to enable faster and better mobile network optimization.
In a release, Bill McHale, CEO of Actix said that “The mobile Internet is growing faster than anyone expected – just look at the latest Cisco (News - Alert) Global Mobile Data Traffic results. This growth is creating big challenges for mobile network operators. More than ever, operators need to get more out of their networks. The ActixOne Optimization Platform and Analyzer desktop software help them optimize their networks faster and better than ever before, from new 4G LTE networks to heavily-loaded 2G and 3G networks. All of this has led to an excellent year for Actix – and we’re expecting next year to be even more exciting as data traffic continues to skyrocket.”
The company’s Analyzer software which is now being used by more than 230 operators worldwide, also posted strong results. During the fiscal year, Analyzer successfully managed to dominate the desktop network analytics market segment and was selected by 5 out of the 7 top operators that deploy LTE (News - Alert) networks. Some of the top 30 operators worldwide that have announced in-service or in-deployment LTE networks include: AT&T Mobility, NTT DoCoMo, Orange UK, T-Mobile, TeliaSonera, Verizon Wireless and Vodafone (News - Alert) .
Carolyn John is a Contributor to TMCnet. To read more of her articles, please columnist page.Edited by Jennifer Russell