Sigvalue
Encyclopedia
SigValue Technologies Ltd. is a provider of Telecommunications billing
software solutions for the prepaid
market; owned by Amdocs Limited .
, Israel
in April 2000, by Eli Yardeni. The company initially developed a prepaid
solutions for mobile communications.
SigValue's platform is aimed at service providers in emerging markets, such as Eastern Europe
, Africa
, Latin America
and Asia
, where the telecommunications customer base is predominantly composed of mobile prepaid
subscribers. SigValue's platform combined the basic functions required for billing and customer care with a service control function, offering a single system that supports multiple networks, multiple services and all lines of business.
On February 7, 2007 SigValue was acquired by Amdocs
, a customer management software vendor, for $54 Million USD. Amdocs already owned a 14 percent stake in SigValue. Other investors included: AIG
Orion Fund, Holland Ventures, and the Singapore-Israel Industrial R&D Foundation; at the time the company had approximately 75 employees.
SigValue now forms the core of the newly created Network Business Unit (NBU) at Amdocs
, selling to service providers in emerging markets; the company resides today in Ra'anana
Israel and has about 150 employees.
Telecommunications billing
Telecommunications billing is the process of adding together rated calls or services for a certain user or group of users, applying discounts and preparing the data for invoicing.Billing is also the name for the entire process of creating an invoice...
software solutions for the prepaid
Prepaid telephone calls
Prepaid telephone calls are a popular way of making telephone calls which allow the caller to control spending without making a commitment with the telephone company....
market; owned by Amdocs Limited .
History
SigValue was founded in Hod HasharonHod HaSharon
Hod HaSharon is a city in the Center District of Israel.Officially declared a city in 1990, Hod HaSharon was created from the union in 1964 of four neighboring villages: Magdiel, Ramatayim, Hadar, and Ramat Hadar...
, Israel
Israel
The State of Israel is a parliamentary republic located in the Middle East, along the eastern shore of the Mediterranean Sea...
in April 2000, by Eli Yardeni. The company initially developed a prepaid
Prepaid telephone calls
Prepaid telephone calls are a popular way of making telephone calls which allow the caller to control spending without making a commitment with the telephone company....
solutions for mobile communications.
SigValue's platform is aimed at service providers in emerging markets, such as Eastern Europe
Eastern Europe
Eastern Europe is the eastern part of Europe. The term has widely disparate geopolitical, geographical, cultural and socioeconomic readings, which makes it highly context-dependent and even volatile, and there are "almost as many definitions of Eastern Europe as there are scholars of the region"...
, Africa
Africa
Africa is the world's second largest and second most populous continent, after Asia. At about 30.2 million km² including adjacent islands, it covers 6% of the Earth's total surface area and 20.4% of the total land area...
, Latin America
Latin America
Latin America is a region of the Americas where Romance languages – particularly Spanish and Portuguese, and variably French – are primarily spoken. Latin America has an area of approximately 21,069,500 km² , almost 3.9% of the Earth's surface or 14.1% of its land surface area...
and Asia
Asia
Asia is the world's largest and most populous continent, located primarily in the eastern and northern hemispheres. It covers 8.7% of the Earth's total surface area and with approximately 3.879 billion people, it hosts 60% of the world's current human population...
, where the telecommunications customer base is predominantly composed of mobile prepaid
Prepaid telephone calls
Prepaid telephone calls are a popular way of making telephone calls which allow the caller to control spending without making a commitment with the telephone company....
subscribers. SigValue's platform combined the basic functions required for billing and customer care with a service control function, offering a single system that supports multiple networks, multiple services and all lines of business.
On February 7, 2007 SigValue was acquired by Amdocs
Amdocs
Amdocs Limited is a provider of software and services for billing, customer relationship management , operations support systems...
, a customer management software vendor, for $54 Million USD. Amdocs already owned a 14 percent stake in SigValue. Other investors included: AIG
AIG
AIG is American International Group, a major American insurance corporation.AIG may also refer to:* And-inverter graph, a concept in computer theory* Answers in Genesis, a creationist organization in the U.S.* Arta Industrial Group in Iran...
Orion Fund, Holland Ventures, and the Singapore-Israel Industrial R&D Foundation; at the time the company had approximately 75 employees.
SigValue now forms the core of the newly created Network Business Unit (NBU) at Amdocs
Amdocs
Amdocs Limited is a provider of software and services for billing, customer relationship management , operations support systems...
, selling to service providers in emerging markets; the company resides today in Ra'anana
Ra'anana
Ra'anana is a city in the heart of the southern Sharon Plain of the Central District of Israel with a population of 68,300, . Ra'anana is bordered by Kfar Sava on the east and Herzliya on the southwest...
Israel and has about 150 employees.