OmniSci Named A TMC 2020 Communications Solutions Products of the Year Award Winner
Annual Telecom Honor Given to the OmniSci Accelerated Analytics Platform for Exceptional Innovation and Market Leadership
SAN FRANCISCO, (July 17,2020) — OmniSci, the pioneer in accelerated analytics announced today that TMC, a global, integrated media company, has awarded the OmniSci Accelerated Analytics Platform a 2020 Communications Solutions Products of the Year Award. The annual distinction recognizes hardware, software, add-ons, peripherals and services that are geared toward telco, IP communications, call center, CRM service provider offerings, developer services, reselling, network and wireless services. The OmniSci Accelerated Analytics Platform was selected for its ability to rapidly analyze and visualize complex telecom records at scale, including improving network performance by reducing interference between innumerable towers of 5G networks, and predicting customer satisfaction and churn.
“Just past the finish line in the race to 5G lies another hurdle for telcos: taking advantage of the massive increase of customer and network data,” said Todd Mostak, CEO of OmniSci. “Unlike legacy analytics platforms, OmniSci gives network analysts and data scientists the ability to proactively identify and resolve issues interactively, while increasing customer satisfaction. We’re thrilled to be recognized alongside other telco industry innovators.”
It can cost 5G network providers up to 25 times more to acquire new customers than retain existing ones. Hence, carriers rely on a combination of demographic, usage, connectivity, network performance and other data to reduce customer churn rates. With the OmniSci Accelerated Analytics Platform, analysts can rapidly visualize billions of records from multiple data sources to spot and resolve issues before customers even realize they exist.
“Congratulations to OmniSci for being honored with the Communications Solutions Product of the Year Award,” said Rich Tehrani, CEO, TMC. “The OmniSci Accelerated Analytics Platform is truly an innovative product and is amongst the best communications products and services available on the market today. I look forward to continued excellence from OmniSci in 2020 and beyond.”
OmniSci is the pioneer in accelerated analytics. The OmniSci platform is used in business and government to find insights in data beyond the limits of mainstream analytics tools. Harnessing the massive parallelism of modern CPU and GPU hardware, the platform is available in the cloud and on-premise. OmniSci originated from research at Harvard and MIT Computer Science and Artificial Intelligence Laboratory (CSAIL). OmniSci is funded by GV, In-Q-Tel, New Enterprise Associates (NEA), NVIDIA, Tiger Global Management, Vanedge Capital and Verizon Ventures. The company is headquartered in San Francisco. Learn more about OmniSci at www.omnisci.com.
Through education, industry news, live events and social influence, global buyers rely on TMC’s content-driven marketplaces to make purchase decisions and navigate markets. As a result, leading technology vendors turn to TMC for unparalleled branding, thought leadership and lead generation opportunities. Our in-person and online events deliver unmatched visibility and sales prospects for all percipients. Through our custom lead generation programs, we provide clients with an ongoing stream of leads that turn into sales opportunities and build databases. Additionally, we bolster brand reputations with the millions of impressions from display advertising on our news sites and newsletters. Making TMC a 360 degree marketing solution, we offer comprehensive event and road show management services and custom content creation with expertly ghost-crafted blogs, press releases, articles and marketing collateral to help with SEO, branding, and overall marketing efforts. For more information about TMC and to learn how we can help you reach your marketing goals, please visit www.tmcnet.com and follow us on Facebook, LinkedIn and Twitter, @tmcnet.