SOURCE: Trade Wings

Trade Wings

November 30, 2010 10:08 ET

Aricent and Trade Wings Partner to Deliver First Reuse-Enabled Inventory Lifecycle Management Solution for Telecom Service Providers

Strategic Distribution Agreement Delivers Unprecedented Visibility of Live, Excess and Decommissioned Network Assets Across the Service Chain for Improved Planning and Reduced OpEx

PORTSMOUTH, NH--(Marketwire - November 30, 2010) - Trade Wings, a global provider of software and services for optimizing telecom asset lifecycle management, and Aricent®, a global technology and services company focused exclusively on communications, today announced an agreement to deliver Trade Wings' award-winning Re:source Visibility® software-as-a-service as part of Aricent's Inventory Lifecycle Management™ solution for telecom service providers.

As pressure to stay competitive and reduce operating costs escalates, the ability to effectively manage network investments has emerged as a key factor in helping service providers to achieve their performance objectives. By bridging asset visibility gaps between an operator's ERP, Operational Support System (OSS) and spares inventory management database, the combined solution helps carriers to increase the efficiency with which supply networks reuse excess and decommissioned equipment, resell obsolete inventory, and responsibly dispose of assets at the end of their useful life.

"Now more than ever, telecom executives need to identify opportunities to reduce costs, and we're dedicated to bringing to market the level of sophistication and breadth of services that our clients require to attain their goals," said Patrick Joggerst, executive vice president and general manager of Aricent. "By incorporating Re:source Visibility into Aricent's Inventory Lifecycle Management solution, customers can quickly introduce more profitable and sustainable processes for inventory planning, provisioning and disposition."

Trade Wings' intuitive Re:source Visibility software provides telecom buyers, planners and service personnel with a shared, global view of available excess and decommissioned assets across the organization's supply and service chain and the open market. This enables better decision making regarding the reuse or resale of assets the service provider already owns within spares pools, thereby reducing duplicate or expedited equipment purchases, and providing timely opportunities to resell depreciating assets at maximum market value.

"Aricent's global reach, top-tier customer base and commitment to innovation as a means for delivering customer value is unrivaled in the telecom market," said Mark Portu, president and COO of Trade Wings. "Our complementary solutions create a compelling value proposition for executives seeking to inject new thinking and greater agility into their business models."

About Aricent
Aricent is a global innovation, technology and services company focused exclusively on communications. Aricent combines the leading innovation capabilities of frog design with unparalleled domain expertise in communications as a strategic supplier to the world's foremost infrastructure, application and service providers. With operations in 19 countries, their customers include 9 of the top 10 telecommunications equipment suppliers, 8 of the top 10 mobile phone manufacturers and many of the world's major global service providers. The company's investors include Kohlberg Kravis Roberts & Co., Sequoia Capital, The Family Office and The Canadian Pension Plan Investment Board. For more information, visit www.aricent.com.

About Trade Wings
Trade Wings is a global Reuse Optimization™ software, consulting and outsourcing partner to the world's largest telecommunications OEMs and carriers. We transform cost centers into profit centers through a unique combination of domain expertise and market intelligence that extends the lifecycle and utilization of network assets across multi-vendor environments. Our best-practice frameworks for asset management, compliance and governance of technology upgrade cycles drive greater agility, financial performance and environmental stewardship. Headquartered in the United States, Trade Wings has offices in Europe and Asia-Pacific. For more information, visit www.tradewings.com.

Trade Wings and Re: are registered trademarks, and Reuse Optimization, Re:source Visibility, Re:source Disposition and Re:source Lifecycle Management are service marks of Trade Wings, Inc. All other brand/trademarks are the property of their respective owners.

Contact Information

  • Media Contact:
    Billy Balfour
    Trade Wings, Inc.
    603-610-1324
    Email Contact