Openmind Networks reports strong revenue growth and customer momentum

by Cathal Fitzpatrick | 21st July 2016

Operator investment in virtualisation and messaging consolidation spurs revenue increase

21st July, 2016, Dublin, Ireland: Mobile messaging company Openmind Networks today announced a strong growth in revenue, with an overall increase of 35% in the past two years. This represents a significant uplift for the company, whose worldwide customer base has grown with the addition of over 20 new customers in the last two years. The growth in revenue is attributable to the vendor’s leadership in replacing and consolidating legacy messaging systems, as well as its leading software portfolio which is ready for future generations of IP networks, including 4G, 5G and virtualised architectures.

“The sums don’t lie – we’re now the leading vendor of choice globally for tier one operators as they look to consolidate and replace their legacy messaging systems,” said Alex Duncan, CEO of Openmind Networks. “Our strong growth is down to our focus on innovation, and our drive to help our customers make the most money in the most efficient way possible. This approach has demonstrated serious momentum – we now have a customer base of over 50 telecoms companies worldwide. We look forward to continuing our momentum. With even Apple’s Vice President of Software Engineering recently saying “Messages is the most frequently used app on iOS” we are confident in our commitment to messaging systems.”

In the past two years, Openmind has announced partnerships with global operators, including BICS, Vimpelcom and T-Mobile Austria. Most recently, Openmind announced a new partnership with Tier 1 Belgian operator Proximus, to replace its legacy SMSC and SMS firewall with Openmind’s virtualised environment. Openmind also recently announced that it is enabling A1 Telekom Austria to provide seamless Voice over LTE (VoLTE) and instant messaging experience for its customers in Vienna, Austria.

About Openmind Networks

Openmind’s Communication Platform is deployed in over 120 sites across 45 countries in Europe, Middle East, Asia, North America and Africa, powering over 1 Billion transactions every day.   Customers include Mobile Operators, Inter-Carrier Operators and Social and Media providers.  The technology provides a gateway for communication and the transfer of data that takes place between individuals, groups, Apps, Service Providers and machines. The platform offers their customers all of the interfaces required to deliver and develop these services. Openmind is headquartered in Dublin with regional offices in the Czech Republic, Portugal, Malaysia, UAE, USA and the Netherlands.

Follow us on LinkedIn

Twitter:  @Openmind_Ntwks


« Back to articles