The Global IT Association for Telecommunications completes extensive evaluation process for Enterprise Product Management solution

London, UK – September 04, 2012: Tribold, the world’s leading provider of software solutions powering product agility for Communication Service Providers (CSPs), today announced it has been selected as the preferred Product Lifecycle Management (PLM) vendor to ETIS, the Global IT Association for Telecommunications.

The selection process, undertaken by the Enterprise Architecture Working Group of ETIS, was triggered by ETIS CSP members facing challenges developing “simple & rich” commercial product offers while dealing with the ever increasing complexity of combining capabilities from specialized silos, legacy “TelCo” applications and new “WebCo" platforms.

In the validation process, ETIS cited that product launches often involved many dedicated OSS/BSS and their different product data models and processes that were not designed to co-operate for product composition.

Terje Tondel, ETIS Director noted: “The whole Product Lifecycle Management process, and especially the Time to Market, are impacted negatively by this lack of flexibility and poor re-use capability.” Terje continued: “Traditionally, Product Management is organized in silos such as Voice, Data, Security, and so on, potentially generating conflict when offering converged bundles.”

Tribold, widely acknowledged as the leading pure-play Enterprise Product Management solution provider, was selected as one of the preferred vendor following a comprehensive RFI selection process – based on real-world requirements from 10 ETIS members – ahead of seven other EPM vendors.

Terje concluded: “The need to transform the CSP for new business models requires re-defining the Customer and Product models. ETIS believes the implementation of a PLM process based on an Enterprise Product Catalog should be the foundation of the new product model and Tribold clearly fits this requirement.”

Commenting on the selection announcement, Catherine Michel, CTO and founder of Tribold said: “ETIS CSP members live with product management challenges every day and no one is better placed to identify vendors who can meet these business and technical challenges.”

Michel concluded: “We are very happy with being selected as one of the preferred PLM vendors to ETIS, and are looking forward to accelerating PLM implementations with ETIS members. We would also like to thank members of the Enterprise Architecture Working Group for all their time and effort throughout the selection process.”

In October, Tribold will be attending the ETIS Community Gathering in Athens, as a Silver Sponsor. The two day event will consist of keynotes, working groups and networking all focused around the critical theme of “The Role of Telcos in the ‘Internet of Things.’”

Useful links:

For more information on ETIS, visit www.etis.org

To learn more about Tribold CPQ and Tribold EPM, please visit www.tribold.com.