SOURCE: Trade Wings

Trade Wings

January 11, 2011 10:08 ET

Trade Wings Delivers Innovative Solution for Aggregating and Managing Critical Telecom Network Asset Lifecycle Intelligence

Collaborative, Software-as-a-Service Helps Telecom Executives Extend Product Lifecycles, Lower Operating Costs and Minimize Financial and Regulatory Risk

PORTSMOUTH, NH--(Marketwire - January 11, 2011) -  Trade Wings today announced a significant new addition to its award-winning suite of technology-enabled services for the creation of reuse and exit markets for network assets within the global telecommunications industry. Available immediately, Re:source® Lifecycle Management software provides telecom manufacturers, carriers and operators with the industry's first comprehensive framework for aggregating critical multi-vendor product lifecycle data in a secure, collaborative online environment.

In an industry marked by the continuous turnover of millions of unique and inter‐related hardware, software and firmware elements, Asset Lifecycle Management (LCM) tools are critical to aggregating the depth of data required to maximize their value -- from acquisition to disposal. Effectively extending the lifecycle and revenue potential of depreciating assets requires the ongoing management of dozens of significant part attributes and commercial relationships, and virtually thousands of part aliases that can affect the servicing, sale, transportation or disposal of each asset.

"With telecom networks growing more complex, what is -- or isn't -- known about material has a direct impact not only QoS, but operational efficiency and expense," said Mark Portu, President and COO of Trade Wings. "A concerted LCM practice presents significant opportunities for OEMs like Ericsson, Alcatel-Lucent, Nokia Siemens, Huawei and others to mitigate the financial risk associated with service contracts requiring them to manage legacy networks built on competitive technologies."

"From a carrier perspective, the benefits can also be far‐reaching, including repair/replace decision making, end-of-service planning and the ability to mitigate risks related to the introduction of new services and markets," Portu added.

Unlike proprietary or stand-alone solutions, Re:source Lifecycle Management provides a central repository enabling OEMs and carriers to institute a continual process for aggregating and tracking asset intelligence based on user-defined roles and access privileges. The hosted solution facilitates the efficient capture and sharing of relevant asset lifecycle data by on-staff and other third-party product experts, and provides built-in audit controls for data validation. Open, standards‐based service modules designed to easily push and pull data files between disparate inventory systems also facilitate the upload of critical, product-related data. 

Re:source Lifecycle Management is part of Trade Wings' Re:® technology-enabled service suite, designed to provide telecom executives with the consolidated asset intelligence required to drive the profitable and strategic reuse of network assets not yet at the end of their useful life or revenue potential. At the core of this solution is Re:source® Visibility, a sophisticated application providing buyers, planners and service personnel with a consolidated, global view of available assets within the organization's supply and service chain, and the open market for better decision-making relative to their disposition.

Complimentary White Paper
To learn more, download a complimentary copy of Lifecycle Management: Practical Strategies for Capturing and Managing Critical Telecom Network Asset Intelligence at www.tradewings.com.

About Trade Wings
Trade Wings is a leading global provider of technology‐enabled services for the creation of profitable reuse and exit markets that extend the lifecycle and utilization of valuable telecommunications network assets. Our best‐practice frameworks for multi‐vendor asset disposition, regulatory compliance and governance of technology upgrade cycles are used by the world's leading telecom manufacturers and service providers to improve financial performance and extend sustainability initiatives. 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
    603-610-1324
    Email Contact