New Products Designed to Help Operators Build Profitable Mobile Data Business Models
Openwave Systems Inc. (Nasdaq: OPWV), a global software innovator delivering context-aware mediation and messaging solutions, today announced the general availability of Openwave Passport 3.0, a service that enables operators to grow new data revenue streams through pay as you consume Web access plans and dynamic promotion of new services at the point of interest, directly inline with the user’s activity. Openwave also announced the general availability of Openwave® Smart Policy, a context-aware policy management solution that is designed to help operators better monitor and manage their network utilization at a user, device and application level against the rising tide of mobile broadband data consumption.
Openwave’s CEO Ken Denman will share further details on how operators can leverage policy management and dynamic campaigning products such as these at Open Mobile Summit on Wednesday, May 26 at 2 p.m. during his speech entitled, “Smart Tactics for Profitable Mobile Data: A context-aware framework for pricing, policy and promotion.”
“As data consumption grows exponentially, some form of tiered service and pricing plans are extremely likely to manage and monetize usage,” said Denman. “An operator’s success hinges upon the ability to deliver innovative service plans that appeal to various consumer segments specifically tailored to match their mobile online behaviour. Adding to this is the challenge of providing fair and reasonable warning of charges to subscribers that many governments are already mandating to prevent ‘bill shock.’ Passport and Smart Policy help operators effectively manage rising network costs and create new revenues through context-aware service plan offerings.”
Openwave Passport and Smart Policy products extend the applications of policy and service to all mobile data enabling, beyond simple volume limits, richer user access plans based on a contextual mobile environment. Passport and Smart Policy seek to match the service to the user, application, device, network and time of access as follows:
Smart Policy helps operators manage the growing demand for mobile data. Policy needs to be smart at the point of delivery – matching to the application conditions, the network access, the user and the Web services being used. Dynamic policy can react to real time conditions and context changes and enable innovative ways of introducing targeted and metered services.
Smart Policy extends Openwave’s traffic mediation capability into IP traffic. The GA of Smart Policy brings the following key features:
Both Passport and Smart Policy work stand-alone but can also evolve an existing investment in Openwave® Integra and its related value added services.
About Openwave
Openwave Systems Inc. (Nasdaq: OPWV) is a global software innovator and the inventor of the mobile internet. Openwave established many of the foundational patents that allow mobile devices to connect to the Internet. Over the years, the company has built a patent portfolio of approximately 200 patents covering many innovations spanning smart devices, cloud technologies and unified messaging. Today Openwave provides all-Internet Protocol (all-IP) mediation and messaging solutions that enable communication service providers to create and deliver smarter services.Forward Looking Statement
This press release contains statements regarding Openwave Systems’ expectations of the benefits of Openwave® Smart Policy and Openwave® Passport, as well as the expected timing of the release of Openwave® Smart Policy and Openwave® Passport. Actual timing of release and performance of Openwave® Smart Policy and Openwave® Passport could differ materially as a result of unanticipated factors and events, including that Openwave Systems could face difficulties in launching Openwave® Smart Policy and Openwave® Passport, or Openwave® Smart Policy and Openwave® Passport may not function as expected with various operators, due to technical or other unforeseen reasons. Further risks inherent in Openwave Systems’ business are detailed in the section entitled “Risk Factors” in Openwave Systems’ Quarterly Report on Form 10-Q for the quarter ended March 31, 2010 (filed May 7 , 2010 with the Securities and Exchange Commission).
Openwave and the Openwave logo are trademarks of Openwave Systems Inc. All other trademarks are the properties of their respective owners.