Subex Secures USD 1.1 Million Contract to Deliver AI-Powered Fraud Management Solution

Subex, a leading provider of artificial intelligence (AI)-powered solutions for telecom companies, announced a significant contract win with a major European telecom operator. This five-year agreement, valued at approximately €1.1 million (USD 1.1 million), underscores Subex’s position at the forefront of telecom fraud management innovation.

HyperSense AI/ML Platform to Combat Evolving Threats

The contract entails deploying Subex’s advanced Fraud Management solution on its HyperSense AI/ML platform. This cutting-edge platform leverages machine learning algorithms to proactively detect and prevent fraudulent activities within the telecom operator’s network. Subex’s solution is specifically designed to address the ever-sophisticating tactics employed by fraudsters, ensuring the operator’s network remains secure and reliable.

Standing Out Through Innovation

Subex’s selection by the European telecom operator is a testament to the company’s commitment to innovation. Following a rigorous evaluation process, Subex’s solution emerged as the frontrunner due to several key strengths:

• Future-Ready AI Approach: Subex’s solution leverages cutting-edge AI and machine learning technologies, ensuring it remains effective in the face of evolving fraud schemes.
• User-Centric Design: The solution boasts a user-friendly interface that empowers telecom operators to manage and monitor fraud activities efficiently.
• Operational Efficiency and Customer Experience: By effectively mitigating fraud, Subex’s solution helps operators streamline operations, reduce costs, and ultimately enhance customer experience by protecting them from fraudulent activities.

This strategic win marks a significant milestone for Subex in the European market. By providing a future-proof AI-powered solution, Subex empowers the European telecom operator to combat fraud threats proactively, safeguard its network integrity, and deliver a superior customer experience. This collaboration positions Subex as a trusted partner for telecom operators worldwide, enabling them to navigate the evolving challenges of the digital age.

“We are thrilled to expand our footprint in Europe with this win. The operator, which is a new logo for Subex, has been at the forefront of connectivity solutions in the region, and it gives us great pride in partnering with them in their journey. Our AI-first Fraud Management solution on HyperSense is designed to help the operator meet the evolving challenges of today’s digital landscape, and we are confident it will result in excellent value creation. We look forward to a long and fruitful partnership,” said Nisha Dut, CEO of Subex.

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