Tecnotree Announces Strategic Partnership with HCLTech to Offer Advanced 5G-Based GenAI Solutions to Global Telecom Operators

ESPOO, Finland, June 19, 2024–(BUSINESS WIRE)–Tecnotree, a global leader in digital platforms and services for AI, 5G and cloud-native technologies, today announced a strategic partnership with HCLTech, a leading global technology company, to co-develop advanced technologies based on 5G. Generative AI (GenAI) solutions for the telecommunications industry.

This partnership combines the proven capabilities of Tecnotree’s 5G and AI-enabled BSS platform and HCLTech’s deep expertise in driving digital transformation for telcos and CSPs. Together, the companies will deliver solutions designed to redefine digital experiences through the integration of Digital BSS and the Tecnotree Sensa AIML framework, leading to complete business transformation. The solutions will enable customers to improve their business agility and respond more quickly to market dynamics, while humanizing experiences and strengthening the customer journey lifecycle through the hyper-personalization of Tecnotree Sensa .

Tecnotree’s flagship digital BSS stack with AIML capabilities is 5G ready and adheres to TM Forum Open API standards, ensuring rapid creation and deployment of new services to meet market demands. Tecnotree and HCLTech’s joint solutions will seamlessly integrate with CSPs’ existing systems while transforming their BSS with innovative capabilities.

“This partnership marks a major milestone in our journey of innovation and transformation of the global telecommunications sector. Together, we aim to solve real-world challenges for telecom operators using GenAI and create meaningful business impacts,” said Pawan Vadapalli, Vice President Corporate and Global. Head of Digital Business Services, HCLTech.

“We are excited to embark on this exciting journey with HCLTech leveraging Tecnotree’s Sensa Intelligence platform to drive transformation. By combining our strengths, we are committed to delivering unparalleled value by redefining digital experiences and enhancing revenue monetization capabilities for our customers,” said Hitesh. Morar, CTO and CPO of Tecnotree Corporation.

Tecnotree is a Platinum Sponsor of DTW Ignite 2024 in Copenhagen, Denmark. Visit booth #207 to learn more: https://www.tecnotree.com/dtw-2024/

About Tecnotree

Tecnotree is a 5G-ready digital Business Support System (BSS) player with AI/ML capabilities and multi-cloud scalability. Tecnotree leads the way in TM Forum Open API compliance with 59 certified Open APIs, including 9 real-world Open APIs, demonstrating the company’s commitment to excellence and continued efforts to provide differentiated experiences and services to CSPs and DSPs. Our agile, open-source digital BSS stack includes the full spectrum (order-to-cash) of business processes and subscription management for the telecommunications and other digital services industries, creating opportunities beyond connectivity. Tecnotree also offers a multi-experience Fintech and B2B2X digital marketplace to its subscriber base through the Tecnotree Moments platform to enable digitally connected communities across gaming, healthcare, education, OTT and other vertical ecosystems. Tecnotree is listed on Nasdaq Helsinki (TEM1V).

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About HCLTech

HCLTech is a global technology company, with more than 227,000 people across 60 countries, delivering cutting-edge capabilities focused on digital, engineering, cloud and AI, powered by a broad portfolio of technology services and products. We work with clients across all major verticals, providing industrial solutions for Financial Services, Manufacturing, Life Sciences & Healthcare, Technology & Services, Telecommunications & Media, Retail , consumer products and public services. Consolidated revenue for the 12 months ending March 2024 was $13.3 billion. To learn how we can accelerate your progress, visit hcltech.com.

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Contacts

Prianca Ravichander, Marketing Director of Tecnotree
Email: [email protected]