Razorsight Builds on Relationship with IBM through Teaming Agreement Focused on the Telecommunications Sector
FAIRFAX, VA – October 10, 2007 – Razorsight Corporation, a market leading provider of on-demand financial business intelligence solutions for communications, media and entertainment companies, today announced an Independent Software Vendor (ISV) teaming agreement with IBM Corporation for its PartnerWorld Telecommunications Industry Network program. Under the terms of the agreement, which builds on the existing PartnerWorld relationship, Razorsight and IBM telco-focused solutions will be made available to mutual customers on an IBM platform(s) through joint marketing and sales efforts.
Razorsight’s AIM Communications solution, which delivers proven on-demand automation and analytics capabilities for network cost management and revenue assurance, aligns with IBM’s BSS/OSS & Billing Transformation solution, which enables telcos to integrate and innovate back-office and network-facing operations, as well as billing processes. AIM Communications also supports IBM’s Service Provider Delivery Environment (SPDE) framework, an open standards-based framework that serves as a blueprint for the delivery of new services for mobile and fixed network operators and for service providers. Together, the Razorsight and IBM solutions deliver powerful opportunities for competitive advantage and cost savings for organizations in telecommunications and related sectors.
“Our partnership with IBM is an important part of our strategy to deliver best-in-class solutions and the advancement of our joint telecommunications-focused efforts further solidifies that ability,” stated Charlie Thomas, CEO of Razorsight. “With this new ISV teaming agreement for the IBM PartnerWorld Telecommunications Industry Network program, we will be able to combine the strengths of our solutions and domain expertise to provide unprecedented margin improvement opportunities for communications, media and entertainment companies.”
About Razorsight
Razorsight Corporation is the market leader in on-demand financial business intelligence solutions for Communications, Media and Entertainment companies. Razorsight’s Software-as-a-Service (SaaS) solutions automate payables processes, eliminate paper, provide detailed visibility into carrier cost and revenue data, and ensure actionable insight that reduces operating costs, improves margins and enables better SOX compliance.
Razorsight has dramatically transformed the way communications companies process, manage and leverage corporate payables and receivables data. Razorsight's highly scalable, web-based software is easy to install, requires no capital investment and has helped clients realize documented savings of over $2 Billion. Razorsight solutions are used by industry leaders such as Verizon, Time Warner and Comcast, as well as by small and medium sized carriers such as Neutral Tandem and Globalcom to capture, audit and analyze more than $50 Billion in annual corporate spend. Razorsight has a 100% referenceable client base, a testimony to its customer focus and its commitment to meet and surpass customer expectations.
Razorsight is based in Fairfax, VA and has offices in St. Louis, MO and Bangalore, India. For more information about Razorsight, visit: www.razorsight.com.
CONTACTS:
Kim Larkin
Larkin Communications for Razorsight
Office: (703) 250-3590, x3406
Mobile: (202) 391-5205
klarkin@larkincomm.com
www.larkincomm.com
Nilanjan Ray
Director, Marketing at Razorsight
nilanjan.ray@razorsight.com
www.razorsight.com
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