SAN MATEO, CA--(Marketwired - Oct 4, 2013) - Guavus Inc., a leading provider of big data analytics solutions, today announced that it has been named as the winner of the 'Private Company of the Year' award in Light Reading's Leading Lights 2013 awards. Guavus has been recognized for its innovative approach to big data applications, which enables Communication Service Providers (CSPs) to analyze petabytes of data per day, save millions on data storage, monetize data to create new revenues streams, and make data driven decisions. The company was also shortlisted for 'Product of the Year,' for its industry leading solution, MobileReflex.
"With growth in smart devices and voice revenues stagnating, the CSP industry has needed to adapt its business model to fit with the new data-driven world," said Anukool Lakhina, CEO and Founder, Guavus. "Our experience in enabling carriers to harness Big Data to create new revenue streams, streamline operations and create systems for closed loop decisioning, puts Guavus at the heart of this data-revolution. To have won the 'Private Company of the Year' category at these prestigious awards demonstrates our position as the leading provider of Big Data analytics for the CSP industry; helping carriers to realize the value and power of Big Data analytics in data-driven decision-making."
Guavus has received $87 million in funding and the company currently counts seven of top 10 managed service operators and three of top four North American mobile operators, as customers. In the past year, Guavus acquired Neuralitic Systems, the leader in mobile data monetization & marketing analytics, and Pipeline, the market-leading IPDR technology from Applied Broadband. Its flagship solution, Guavus Reflex Platform, provides the capabilities to continually enrich, fuse and aggregate dozens of different data streams and unlimited volumes of stored data from a myriad of different data sources and geographic locations. The end-to-end solution consists of a platform that spans from data ingestion through to data visualization, and is fully integrated with a suite of specific problem-solving decisioning applications in the key areas of: marketing, network, monetization and customer care.
The Leading Lights are one of the telecommunications industry's most coveted awards, and recognizes the highest degree of expertise and success. The awards celebrate the top telecom companies for outstanding achievements in services, applications and equipment. Hundreds of companies are entered every year and the finalists are selected by Light Reading's editors, as well as Heavy Reading's analysts. The winners were announced on the 1st October 2013 at a ceremony in New York City.
Commenting on Guavus' success in the 'Company of the Year' category, Ray Le Maistre, editor-in-chief for Light Reading, said: "The analytics platform specialist has had an outstanding year, raising cash, making a strategic acquisition, and adding to its roster of Tier 1 operator customers. A big year for the big-data player."
A full list of the Leading Lights winners can be found on the Light Reading website.
Guavus is a big data analytics company ushering in a new class of applications that allow companies to put all their data to work. The company offers a suite of decisioning applications for network, marketing, monetization, security and customer care that are embedded with powerful data science to turn the non-stop processing of enterprise data into streaming insights and actions. Guavus brings business professionals fine-grained, precise insights continually correlating and instantly analyzing an unlimited amount of dynamic and static data. Guavus leapfrogs traditional Business Intelligence and big data solutions with the industry's only 'compute-first' approach that takes computing power to the data source, supporting the largest data processing needs with a highly-distributed architecture. The world's most data-intensive companies trust Guavus to help them take strategic advantage of their data assets to grow revenue, improve operating efficiencies and delight customers in new ways. For more information visit http://www.guavus.com