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Finland, 10 December, 2020: Further to the notification published on 30th June 2020, Tecnotree, the global provider of digital solutions for the telecom industry, announced a strategic partnership with Kuwait Telecommunications Company - stc, a world-class digital leader providing innovative services and platforms to customers enabling the digital transformation in Kuwait, to deliver stc’s Enterprise Digitalization Program (EDP). The digital transformation project will provide stc’s enterprise customers with a seamless and personalized omnichannel experience.
In its statement, stc mentioned that the three-year partnership supports the company’s vision to become a world-class digital leader in innovative telecom services and platforms across the region. The step forward will contribute to enhancing the customer experience through innovative solutions, facilitating business processes efficiently and expediting customer service responses across the various channels used by the company.
The EDP aims to transform stc’s legacy BSS infrastructure with an open ecosystem composed of multi-speed digital architecture, enabling the company to rapidly deploy new capability models and integrate both partner and third-party digital channels into a single framework.
Tecnotree’s vast experience in driving digital transformation engagements globally will underpin the program. As stc’s partner on this journey, Tecnotree brings unique capabilities to the project via its Digital BSS Suite 5 products, including Tecnotree Surge, an award-winning Digital Accelerator Platform that publishes TM Forum certified APIs. The two companies will use these tools together to help stc transition to a digital service provider of the future, enabling it to compete in the new digital telecom paradigm.
Engineer Fahad Abdulrahman Al Ali, Chief Technology Officer at stc, expressed his happiness in forming the strategic partnership, which serves as an additional step taken by the company to widen its offerings, its range of innovative digital solutions, and build the infrastructure of its 5G network.
He added, “Upgrading our digital services will provide our customers with enhanced connectivity solutions, thereby accelerating the deployment of smart applications and promoting digital transformation. This initiative builds on stc’s commitment to continuously offer its enterprise customers with less restricted solutions that accelerate digital transformation with an aim to increase productivity and operational efficiency.”
Upon completion, the multi-phased transformation project will upgrade stc’s current systems to state-of-the-art IT architecture and processes that will allow delivery of seamless and personalized omnichannel customer experiences via leveraging intelligent insights. This will enable stc to become a full digital ICT player and system integrator, whilst also expanding its services & solutions beyond mobility.
Commenting on the strategic partnership, Tecnotree CEO, Padma Ravichander, said, “We are delighted that stc has selected our award-winning Digital BSS Suite to support their digital transformation journey. As a world class digital leader, they have recognised that digitalization has become a core necessity to compete in today’s telecom industry. We look forward to using our TM Forum Gold-Badge certified products and years of global digital transformation experience to help stc emerge as the leader in the digitally connected ecosystem”
FURTHER INFORMATION Padma Ravichander, CEOtel. +97 156 414 1420 www.tecnotree.com
Kuwait Telecommunications Company (stc) is a Kuwaiti shareholding company incorporated pursuant to Amiri Decree No. 187 on 22 July 2008, to operate and manage the third GSM mobile network in Kuwait as per Law No. 2 of 2007. Accordingly, stc launched its operations in December 2008 and was listed on Boursa Kuwait in December 2014. It is a world-class digital leader providing innovative services and platforms to customers and enabling the digital transformation in Kuwait and is a subsidiary of stc Group. stc has rapidly reached a leadership stance in the market through its customer and employee centric strategy.
stc offers an innovative range of world-class products, services and solutions with high quality, that cater to the customers’ needs and demands, both for individuals and enterprises (stc business). In 2019, stc acquired 100% of the share capital of the Internet Service Provider, Quality Net General Trading and Contracting Company (Qualitynet) in Kuwait.
stc offers high internet speeds due to the implementation of the most advanced 5G network and deployment of the largest network nationwide
Tecnotree is a global provider of telecom IT solutions for the management of products, customers and revenue. Tecnotree helps Communications Service Providers to transform their business towards a marketplace of digital services. Tecnotree empowers service providers to monetize service bundles, provide personalized user experiences and augment value throughout the customer lifecycle. Tecnotree serves around 90 service providers in around 70 countries. Tecnotree is listed on the main list of NASDAQ Helsinki with the trading code TEM1V.