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REDWOOD SHORES, Calif.
05-FEB-2007 05:05 AM
Oracle today announced that FASTWEB,
the leading broadband provider in Italy, has implemented Oracle(R) Communications Billing and
Revenue Management to improve its flexibility and operational efficiency.
FASTWEB wanted the ability to facilitate advanced discounting, hierarchies and multiple
payments for its communications services customers. FASTWEB expects these features will
allow it to expand its customer base and grow its revenues, by providing more flexible service
offerings, product promotions and service bundling. The new Oracle implementation allows
FASTWEB to achieve these business objectives. FASTWEB first adopted Portal Software's
platform (now Oracle Communications Billing and Revenue Management) six years ago because
it needed a solution to help it manage complex orders from customers who wished to purchase
multiple services, such as Internet access, video and voice.
"FASTWEB is committed to providing its customers with the unique services they
demand," said Ersilio Albrici, BSS Director, FASTWEB. "Billing and revenue management for
complex, convergent services is a challenging undertaking. Oracle Communications Billing and
Revenue Management allows us to bring services to market more quickly and lower our costs by
maximizing revenue streams across many different variables, including customer type, service
offering, payment method and geography."
FASTWEB selected Oracle and DARTS Engineering, a local systems integrator, to
complete the implementation. The company chose the implementation team for its efficient
engagement model, under which Oracle designed the target architecture and drove the
implementation of the upgraded product's most innovative features. DARTS provided critical
knowledge and support of the already installed application.
With Oracle Communications Billing and Revenue Management, FASTWEB can start
using the product's new features, including thresholds discount, hierarchies of account, bundling
and complex promotions. These new features will enable FASTWEB to launch new product
offers more quickly. In addition, the application comes with more out-of-the-box functionality,
allowing FASTWEB to minimize customizations and subsequently reduce cost of IT ownership
as well as time to market for new services for its one million customers.
"We are pleased to play a key part in FASTWEB's success as they expand their business
throughout Italy," said Bhaskar Gorti, Senior Vice President and General Manager, Oracle
Communications Global Business Unit. "FASTWEB is a solid example of how broadband
companies can recognize tangible business value using Oracle's end-to-end applications for the
communications industry."
FASTWEB is a longtime Oracle customer, using Siebel applications for customer
relationship management and the Oracle Database to manage its back-end business information.
About Oracle
Oracle (NASDAQ GS: ORCL) is the world's largest enterprise software company. For more
information about Oracle, visit our Web site at www.oracle.com.
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