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Tecnotree Corporation Press Release 27 October 2023
Espoo, Finland: Tecnotree, a global digital platform and services leader for AI, 5G, and cloud-native technologies, announced today its financial results for the quarter ended September 30, 2023.
Key highlights of the third quarter financial results:
Commenting on the results for the third quarter of 2023, Padma Ravichander, CEO of Tecnotree Corporation, said, “We are pleased with our performance this quarter as we maintain an ongoing momentum of consistent growth despite challenging market conditions. This growth was fuelled by deliveries of our Digital Stack for BSS in Africa and the Middle East along with Tecnotree Sensa AI/ML deliveries in Healthcare and Fintech in the United States of America. Our focus remains to keep delivering quality products and services to our customers while ensuring that we monetize all opportunities offered by the market for AIML-led Digital Transformations and B-B-X eco-system play.”
Other significant milestones:
Additionally, Tecnotree continues its investments in new initiatives – Tecnotree Sensa Fabric AI/ML platform, Tecnotree Moments, Tecnotree DiWa (Digital Wallet), and SaaS; and had successful participation in many global technology events this quarter.
Further Information Padma Ravichander, CEO tel. +97 156 414 1420 www.tecnotree.com
Tecnotree is a 5G-ready digital Business Support System (BSS) player, with AI/ML capabilities and multi-cloud extensibility. Tecnotree is No. 1 on the TM Forum Open API Conformance table with 59 Open APIs, and this is a result of our pursuit towards delivering excellence, and consistently providing differentiated experiences and services to the CSPs and DSPs. Our agile and open-source Digital BSS Stack comprises the full range (order-to-cash) of business processes and subscription management for telecom and other digital services industries creating opportunities beyond connectivity. Tecnotree also provides Fintech and B2B2X multi-experience digital marketplace to its subscriber base through the Tecnotree Moments platform to empower digitally connected communities across gaming, health, education, OTT, and other vertical ecosystems. Tecnotree is listed on the Helsinki Nasdaq (TEM1V). For more information, please visit our website www.tecnotree.com or social media channels – Linkedin I Facebook I Twitter