Tecnotree Concludes CognitiveScale Transaction in the United States of America
The integration of the award-winning CS cortex AI/ML engineering capabilities into Tecnotree’s 5G multi-cloud enabled digital stack, will enhance Tecnotree’s ability to provide intelligent and immersive customer experience journeys, intuitive and integrated catalogs and further enhance our customer’s abilities to monetize intelligence over the network. This acquisition will allow us to deliver an excellent experience for project MTNN-Metamorphose powered by Tecnotree (announced earlier this year) which requires AI-enabled customer segmentation, 360 customer journeys, and delivery of digital customer delight. Tecnotree’s foray into adjacent partner ecosystems and B2B2X marketplaces will be further enhanced by the predefined blueprints on the CS platform for the healthcare, banking, insurance, and commerce verticals, additionally extended with Telcom blueprints for AI.
Padma Ravichander, CEO, Tecnotree Oyj says, “This is a milestone achievement for Tecnotree in multiple ways:
· For our customers, we are now in a position to strengthen their competitive advantage for 5G monetization and customer-centricity with AI-enabled telecom journeys.
· For our ecosystem partners we will add intelligence and advanced segmentation capabilities for better targeting and monetization.
· For our employees the opportunity to work in the most advanced digital technologies related to AIML, RPA, Trust, and Security is now globally materialized, and
· For our investors, this marks our entry into the North American market with a concrete offering and sustainable revenue (as ARR) in essential digital services across healthcare, fintech, telecom, insurance, and realty.
This acquisition elevates Tecnotree from a digital BSS platform provider to an AI-first total experience provider across physical and digital journeys.
About Tecnotree
Tecnotree is a 5G-ready digital Business Support System (BSS) player, with AI/ML capabilities and multi-cloud extensibility. Tecnotree is among the first companies in the world to be Platinum Certified by TM Forum Open API standards, and 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 Helsinki Nasdaq (TEM1V).
For more information, please visit www.tecnotree.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20221212005388/en/
Website: https://www.tecnotree.com/
Contact
Tecnotree
Padma Ravichander
CEO
marketing@tecnotree.com
