TEOCO explained

TEOCO Corp.
Type:Privately held company
Genre:Software
Foundation:1994
Founder:Atul Jain
Location:Fairfax, Virginia,
United States
Area Served:Worldwide
Industry:Telecommunications

TEOCO is a privately held telecom software vendor based in Fairfax, Virginia, in the United States.

History

TEOCO was founded in 1995 and is based in Fairfax, Virginia. The company's name is an acronym derived from 'The Employee Owned Company.' It has grown through acquisition, which has enabled it to add new solutions to its portfolio, as well as new customers and territories. In October 2009, TA Associates completed a $60 Million minority investment in TEOCO.[1] In 2014 it employed 1,300 people and had revenues of approximately $175 million.[2]

In 2008, Razorsight, a revenue and cost optimization vendor, was ordered to pay TEOCO $4.5 million for theft of TEOCO's intellectual property.[3]

TEOCO was involved in the Iowa Utilities Board and subsequent FCC ruling in Qwest communication's Traffic pumping case.[4] TEOCO, a supplier to Qwest of cost and revenue management solutions, used its technology to capture and analyze five years of call detail records to help determine damages.[5]

Acquisitions

Products

TEOCO provides invoice business process outsourcing, consultancy, cloud and support services. This includes: a range of analytics solutions, RAN solutions to address planning and configuration, optimisation and analytics, and service assurance solutions covering performance, fault and service management.

In February 2020, TEOCO announced the latest version of its service assurance platform called HELIX 11.[12]

Notes and References

  1. Web site: BusinessWire. ITA Associates Completes $60 Million Minority Investment in TEOCO. EarthTimes. 2009.
  2. Web site: Bootstrapping a $175 million Business With Services, Teoco CEO Atul Jain . SRAMANAMITRA . 19 October 2014.
  3. Web site: 22 May 2008 . Razorsight Steals From TEOCO Pays $45m . Commsrisk.
  4. Web site: FCC Daily Releases .
  5. Web site: Pumpers in Iowa Lose Big .
  6. Web site: TEOCO Acquires Vero Systems . Business Wire Press Release . 1 October 2008.
  7. Web site: TEOCO buys TTI . Globes . 9 June 2010.
  8. Web site: TEOCO Buys Up Aircom . Telecoms.com . 21 November 2013.
  9. News: TEOCO buys a slice of Cetecom, Bolsters IOT Strategy . Light Reading . LightReading . 11 July 2017.
  10. Web site: TEOCO Buys PreClarity to Enhance Analytics Offering . CommsRisk . 21 February 2017.
  11. Web site: TEOCO Acquires QoE Measurement Firm Ciqual . The Fast Mode .
  12. Web site: Service assurance platform updated for speed, built-in analytics, lower infrastructure costs, and better visualisation . Vanilla Plus . 17 February 2020.