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Subex counts on IoT to chart its rebound

Nov 13, 2018 by The Passage Team
Subex counts on IoT to chart its rebound

Telecom analytics firm SubexNSE says it is looking at a rebound by betting on security products for internet of things after it cleared most of its debt that had dragged the company’s growth over the past five years.

“(Historically) revenue optimisation for telecom segment has been our core competence. For the next phase of growth, we want to play in IoT security, digital trust and deep learningbased anomaly detection,” said Vinod Kumar, CEO of Subex.

Subex has products in fraud management, revenue assurance and partner billing for telecom businesses. The firm, which rode on the global demand for its software, went on an acquisition spree — seven in seven years, including Syndesis, a Canadian firm for USD 175 million.

Source: The Economic Times

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