MATRIXX Software Unveils MATRIXX Dynamic Billing to Revolutionize Revenue Management
FOSTER CITY, CA / ACCESS Newswire / February 19, 2025 / MATRIXX Software, a global leader in billing and monetization solutions, today announced the launch of its groundbreaking product, MATRIXX Dynamic Billing. Building on its achievements in revolutionizing real-time rating and charging, MATRIXX will be expanding its offerings to incorporate high-performance billing and invoicing on the same platform so that service providers can effortlessly generate precise customer bills. With MATRIXX Dynamic Billing, service providers will be able to alleviate the burden of their costly legacy systems, deliver financial precision to the business, reduce the complexity of billing audit and reconciliation and enhance customer experiences with a complete, accurate view of spending and billing information at all times.
MATRIXX is extending its architecture to unify all charging, rating, and billing processes by combining its patented real-time transactional platform with state-of-the-art mass data processing capabilities. By unifying revenue management processes, MATRIXX Dynamic Billing will eliminate the complexities, issues and costs that stem from a typical siloed environment. The MATRIXX platform will be able to manage pricing, charging and revenue data across every stage of the billing journey-from quote and order to consumption, charging, invoicing and payments-delivering accurate billing and balance visibility to a service provider's customers, finance teams and channel partners alike. MATRIXX Dynamic Billing will process all usage and non-usage charges for retail, enterprise and wholesale lines of business and for any combination of payment methods, including prepaid, postpaid and pay now.
Widely acknowledged as the most mature cloud native charging and rating solution on the market, MATRIXX remains committed to cloud native principles and its TM Forum Ready for ODA (RfODA) status. With MATRIXX Dynamic Billing, new capabilities will be architected to be aligned with the ODA component definitions for Bill Calculation, Bill Generation and Billing Account Management. This ensures that service providers can integrate and scale one or all of the MATRIXX billing microservices cost-effectively, eliminating the need for expensive customizations that result in vendor lock-in. By delivering all pricing, charging and billing microservices on a unified platform, MATRIXX Dynamic Billing will eliminate common data discrepancies and points of failure in the revenue management domain that slow revenue recognition and increase the burden in audit, reconciliation and fraud management processes.
'It's a win-win for the communications service provider and vendor communities alike when operational software is aligned with the Open Digital Architecture principles,' said George Glass, chief technology officer of TM Forum. 'The whole industry benefits through increased business agility when software companies like MATRIXX commit to supporting the ODA standards.'
Billing processes have long plagued communications service provider (CSP) operations and are the next area ripe for transformation. Demand for modern billing and payment solutions is growing across many industries, and multiple customers are working with MATRIXX on its product pilot program. MATRIXX Dynamic Billing is planned to be generally available later this year.
Traditional billing processes give rise to numerous customer satisfaction issues including unexpected charges, confusing invoices and billing errors. STL Partners compiled insights from CSP senior decision-makers and explored the impacts of existing billing shortcomings and transformation options. By transforming and unifying charging, rating and billing, a typical Tier 1 telco can generate $13 million from greater operational efficiencies, $53 million from reduced customer complaints and $102 million from reduced customer churn for a total savings of $168 million and a nearly 2 percent uplift in EBITDA.
'Our customers have repeatedly shared with me the benefits they have derived from our platform,' said Glo Gordon, chief executive officer of MATRIXX Software, 'and have increasingly requested that we extend these benefits into the billing domain. This launch of Dynamic Billing is the culmination of years of customer input and insights on a modern approach to billing and the dedicated efforts of our team to extend our technology across the revenue management lifecycle.'
To learn more about Dynamic Billing and to see a demonstration, visit MATRIXX Software at Mobile World Congress 2025 in Barcelona March 3-6. Schedule a meeting at MWC.
About MATRIXX Software
MATRIXX Software delivers a dynamic billing, monetization and charging solution proven at scale. Global service providers like Telefónica, IoT providers like Tata Communications and network-as-a-service providers like DISH rely on MATRIXX to overcome the limitations of existing billing applications. MATRIXX provides a unified platform that transforms and simplifies billing operations across consumer, enterprise and wholesale businesses. With MATRIXX, operators can rapidly configure, deploy and monetize personalized offerings, enabling commercial innovation and real-time customer experiences that drive revenue and growth.
- ENDS -
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Miami Herald
6 hours ago
- Miami Herald
Dispatch Ranks on Inc. 5000 List for Fourth Consecutive Year, Recognizing Exceptional Growth and Innovation
Dispatch continues to scale last-mile logistics through strategic investments in AI, talent, and customer success. BLOOMINGTON, MN / ACCESS Newswire / August 13, 2025 / Dispatch is proud to announce its inclusion on the 2025 Inc. 5000 list of America's fastest-growing private companies for the fourth consecutive year. This prestigious recognition highlights Dispatch's sustained growth and technological innovation within the highly competitive logistics and transportation sector. "Being named to the Inc. 5000 once again is an incredible achievement and speaks to our ongoing commitment to scaling last-mile delivery for businesses of all sizes," said Andrew Leone, CEO and Co-Founder of Dispatch. "This recognition reflects the hard work our team has invested in expanding our capabilities, particularly in areas like AI, company culture, and customer retention. As the industry continues to evolve, we remain focused on driving impactful change in the logistics space." Key Growth Drivers Over the past year, Dispatch has experienced significant growth, driven by strategic investments in technology, talent, and customer success. The company has expanded its AI-driven solutions, enabling an efficient and scalable last-mile delivery platform for businesses across various industries. Dispatch has also strengthened its team, focusing on fostering a positive culture and promoting internal talent, which has been critical to maintaining operational excellence. As a result, Dispatch has seen a remarkable increase in both its customer base and revenue, with a 68% three-year growth rate. Inc. Methodology Companies on the 2025 Inc. 5000 are ranked according to percentage revenue growth from 2021 to 2024. To qualify, companies must have been founded and generating revenue by March 31, 2021. They must be U.S.-based, privately held, for-profit, and independent - not subsidiaries or divisions of other companies - as of December 31, 2024. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2021 is $100,000; the minimum for 2024 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. For the full Inc. 5000 list, visit: About Inc.: Inc. is the leading media brand and playbook for the entrepreneurs and business leaders shaping our future. Through its journalism, Inc. aims to inform, educate, and elevate the profile of its community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating the future of business. Inc. is published by Mansueto Ventures LLC, along with fellow leading business publication Fast Company. For more information, visit About Dispatch: Dispatch is redefining last-mile delivery for the modern business. As the premier B2B delivery platform, Dispatch empowers organizations with scalable, technology-driven solutions that streamline logistics, enhance visibility, and improve customer satisfaction. Through its robust delivery management software, seamless API integrations, and a reliable network of independent contractor drivers, Dispatch enables businesses of all sizes to simplify and optimize their last-mile operations. Media Contact: For more information about Dispatch, please contact the media representative at: Email: pr@
Miami Herald
6 hours ago
- Miami Herald
8849 TANK 4 - the Rugged Phone With 720P Projector & AMOLED Screen
8849 is excited to introduce the latest addition to its lineup - TANK 4. Packed with cutting-edge features, the phone is set to redefine what a rugged phone can do. The 8849 Unihertz TANK 4 launched on Aliexpress this August. Don't miss the opportunity to own the ultimate rugged smartphone. SHENZHEN, CN / ACCESS Newswire / August 13, 2025 / In the world of mobile devices, 8849 has always been a symbol of quality and innovation. Now, 8849 is excited to introduce the latest addition to its lineup - TANK 4. Packed with cutting-edge features, the phone is set to redefine what a rugged phone can do. Never miss movie night, even in the wild! The TANK 4 comes with a 720P DLP projector that boasts 100 lumens and auto-focus, delivering crisp visuals anywhere. Whether the user is camping or giving a presentation, this phone transforms any wall into a big screen. Experience buttery-smooth scrolling and vibrant colors on the 6.78" AMOLED display with a 120Hz refresh rate. Perfect for gaming, streaming, or browsing, ensures sharp clarity even under direct sunlight, making it a joy for the eyes. The TANK 4 revolutionizes mobile photography with its quad-camera powerhouse. 50MP Sony IMX766 main sensor, delivering exceptional clarity, vivid colors, and superior light capture for stunning daytime shots. 64MP night vision camera pushes boundaries in low-light performance, producing bright, detailed images even in near darkness. 32MP front camera for stunning selfies, and an 8MP telephoto lens for crisp zoomed-in shots. The revolutionary Together, these advanced sensors create a pro-level photography system. Whether documenting adventures or capturing memories under moonlight, it can deliver professional-quality images in any scenario. The TANK 4 shatters performance limits with a staggering 24GB RAM and 512GB storage, perfectly paired with the advanced MediaTek Dimensity 7300. It delivers blazing-fast app launches, effortless multitasking, and ultra-smooth gaming - even with dozens of apps running simultaneously, ensuring lightning-fast responsiveness and limitless storage for all your adventures. Ultimate Power On-The-Go. The TANK 4 redefines endurance with its massive 11,600mAh battery, featuring 66W ultra-fast charging for quick power-ups, spend less time plugged in and more time on the move. Also, it supports 25W reverse charging, as a power bank to keep your other devices powered. Tank 4 is not only lightweight and portable, but also provides unparalleled convenience for daily life. Whether in outdoor adventure or daily life, users can get days of power with a versatile and reliable battery solution. The TANK 4 goes beyond phones with its ultra-bright 1200 lumen camping light - perfect for emergencies, outdoor adventures, or power outages. This built-in torch outshines standard flashlights while remaining energy-efficient. Running Android 14, the phone delivers enhanced security and smarter, smoother performance for seamless productivity and entertainment. The 8849 Unihertz TANK 4 launched on Aliexpress this August. Don't miss the opportunity to own the ultimate rugged smartphone. About 88498849 specializes in crafting ultra-durable smartphones that thrive in extreme conditions. Our mission is to empower adventurers, outdoor enthusiasts, and professionals with devices that combine military-grade toughness with cutting-edge innovation. From the harshest environments to everyday challenges, 8849 phones deliver uncompromising performance, extraordinary battery life, and unique outdoor features - proving that true durability never sacrifices functionality. SOURCE: 8849 Phone Related Images press release
Miami Herald
a day ago
- Miami Herald
Optex Systems Holdings, Inc. Announces Financial Highlights for the Three and Nine Months Ended June 29, 2025
RICHARDSON, TX / ACCESS Newswire / August 12, 2025 / Optex Systems Holdings, Inc. (Nasdaq:OPXS), a leading manufacturer of precision optical sighting systems for domestic and worldwide military and commercial applications, announced financial results for the three and nine months ended June 29, 2025. Danny Schoening, CEO of Optex Systems Holdings, Inc., commented, "We are proud to announce another record-breaking quarter for revenue, a testament to our unwavering commitment to excellence, reliability, and customer support. This milestone reflects not only our strong operational performance but also the momentum we are building across the business. "In addition to surpassing previous revenue records, we are excited to report several significant new program wins that expand our footprint in both domestic and international markets. These new awards are the result of our consistent delivery of high-quality products and the trust we have earned as a dependable defense manufacturing partner. "Our factory performance continues to highlight the strength of our team and the efficiency of our processes. As we celebrate this achievement, we remain focused on sustaining this growth trajectory, investing in innovation, and delivering superior value to our customers and shareholders. "We thank our employees, customers, and investors for their ongoing support in making this success possible." Backlog as of June 29, 2025 was $38.3 million, compared to a backlog of $45.6 million as of June 30, 2024, representing a decrease of $7.3 million, or 16.0% from the prior year June period. Subsequent to the period ended June 29, 2025, the Company announced several new awards including a $2.8 million order for the XM30 program, a $10.2 million five-year requirement-type contract award for optical sighting systems, and a $1.6 million order for laser filters, bringing our total backlog to $45.0 million as of August 5, 2025. For the three months ended June 29, 2025, our total revenue increased by $2.1 million, or 22.6%, compared to the prior year period. For the nine months ended June 29, 2025, our total revenue increased by $5.5 million, or 22.3%, compared to the prior year period. The increase in revenue was primarily driven by higher periscope production levels at the Optex Richardson segment, combined with increased customer demand across both the Optex Richardson and the Applied Optics operating segments. Consolidated gross profit for the three months ended June 29, 2025 increased by $0.3 million, or 10.0%, compared to the prior year period. Consolidated gross profit for the nine months ended June 29, 2025 increased by $1.5 million, or 21.6%, compared to the prior year period. The increase in the most recent three and nine-month period gross profit was primarily attributable to increased revenue and changes in product mix. Our operating income for the three months ended June 29, 2025 increased by $0.3 million, or 18.3%, compared to the prior year period. Our operating income for the nine months ended June 29, 2025 increased by $1.5 million, or 43.8%, compared to the prior year period. The increase in operating income was primarily driven by higher revenue and gross profit. As of June 29, 2025, Optex Systems Holdings had working capital of $19.4 million, as compared to $15.1 million as of September 29, 2024. During the nine months ended June 29, 2025, we generated operating cash of $5.4 million, primarily driven by increased net income, reductions in inventory and increased accounts payable. During the nine months ended June 29, 2025, we paid $1.0 million against the credit facility and purchased capital assets of $0.5 million. At June 29, 2025, the Company had approximately $4.9 million in cash and no draws against its revolving credit line. As of June 29, 2025, our outstanding accounts receivable balance was $4.1 million to be collected during the fourth quarter of fiscal 2025. Our key performance measures for the three and nine months ended June 29, 2025 and June 30, 2024 are summarized below. The table below summarizes our three- and nine-month operating results for the periods ended June 29, 2025 and June 30, 2024, in terms of both the GAAP net income measure and the non-GAAP Adjusted EBITDA measure. We believe that including both measures allows the reader better to evaluate our overall performance. Adjusted EBITDA has limitations and should not be considered in isolation or a substitute for performance measures calculated under GAAP. This non-GAAP measure excludes certain cash expenses that we are obligated to make. In addition, other companies in our industry may calculate Adjusted EBITDA differently than we do or may not calculate it at all, which limits the usefulness of Adjusted EBITDA as a comparative measure. Our net income increased by $0.2 million to $1.5 million for the three months ended June 29, 2025, as compared to net income of $1.3 million for the prior year period. Our adjusted EBITDA increased by $0.3 million to $2.1 million for the three months ended June 29, 2025, as compared to adjusted EBITDA of $1.8 million for the prior year period. Our net income increased by $1.3 million to $4.1 million for the nine months ended June 29, 2025, as compared to net income of $2.8 million for the prior year period. Our adjusted EBITDA increased by $1.5 million to $5.7 million for the nine months ended June 29, 2025, as compared to adjusted EBITDA of $4.2 million for the prior year period. The increase in net income and adjusted EBITDA for the most recent three and nine-month periods compared to the prior year periods is primarily driven by increased revenue and gross profit. We currently do not anticipate any significant material risks as a result of the recent tariff uncertainties or China's stranglehold on rare earths. Our defense products are primarily sourced domestically, but those which are imported are generally not subject to tariff or duties. We produce some commercial optical assemblies with selective components sourced from Taiwan; however, our current customer backlog is covered with existing material in inventory. We anticipate any future orders for these commercial products will be subject to revised pricing inclusive of any potential tariff impact. Highlights of the Consolidated and Segment Results of Operations have been prepared in accordance with GAAP. These financial highlights do not include all information and disclosures required in the consolidated financial statements and footnotes and should be read in conjunction with our Quarterly Report on Form 10Q for the three and nine months ended June 29, 2025 filed with the SEC on August 12, 2025. Optex Systems Holdings, Consolidated Balance Sheets The accompanying notes in our Quarterly Report on Form 10Q for the three and nine months ended June 29, 2025 filed with the SEC on August 12, 2025 are an integral part of these financial statements. Optex Systems Holdings, Consolidated Statements of Operations(Unaudited) The accompanying notes in our Quarterly Report on Form 10Q for the three and nine months ended June 29, 2025 filed with the SEC on August 12, 2025 are an integral part of these financial statements. ABOUT OPTEX SYSTEMS Optex, which was founded in 1987, is a Richardson, Texas based ISO 9001:2015 certified concern, which manufactures optical sighting systems and assemblies, primarily for Department of Defense (DOD) applications. Its products are installed on various types of U.S. military land vehicles, such as the Abrams and Bradley fighting vehicles, Light Armored and Armored Security Vehicles, and have been selected for installation on the Stryker family of vehicles. Optex also manufactures and delivers numerous periscope configurations, rifle and surveillance sights, and night vision optical assemblies. Optex delivers its products both directly to the military services and to prime contractors. For additional information, please visit the Company's website at Safe Harbor Statement This press release contains certain forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995, including those relating to the products and services described herein. You can identify these statements by the use of the words "may," "will," "could," "should," "would," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," "likely," "forecast," "probable," and similar expressions. These forward-looking statements represent our expectations, beliefs, intentions or strategies concerning future events, including, but not limited to, any statements regarding growth strategy; product and development programs; financial performance and financial condition (including revenue, net income, profit margins and working capital); customer demand; orders and backlog; expected timing of contract deliveries to customers and corresponding revenue recognition; increases in the cost of materials and labor; costs remaining to fulfill contracts; contract loss reserves; labor shortages; follow-on orders; supply chain challenges; the continuation of historical trends; the sufficiency of our cash balances for future liquidity and capital resource needs; the expected impact of changes in accounting policies on our results of operations, financial condition or cash flows; anticipated problems and our plans for future operations; and the economy in general or the future of the defense industry. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. Such risks and uncertainties include, but are not limited to, continued funding of defense programs and military spending, the timing of such funding, general economic and business conditions, including unforeseen weakness in the Company's markets, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, changes in the U.S. Government's interpretation of federal procurement rules and regulations, changes in spending due to policy changes in any new federal presidential administration, market acceptance of the Company's products, shortages in components, production delays due to performance quality issues with outsourced components, inability to fully realize the expected benefits from acquisitions and restructurings or delays in realizing such benefits, challenges in integrating acquired businesses and achieving anticipated synergies, changes to export regulations, increases in tax rates, changes to generally accepted accounting principles, difficulties in retaining key employees and customers, unanticipated costs under fixed-price service and system integration engagements, changes in the market for microcap stocks regardless of growth and value and various other factors beyond our control. You must carefully consider any such statement and should understand that many factors could cause actual results to differ from the Company's forward-looking statements. These factors include inaccurate assumptions and a broad variety of other risks and uncertainties, including some that are known and some that are not. No forward-looking statement can be guaranteed and actual future results may vary materially. The Company does not assume the obligation to update any forward-looking statement. You should carefully evaluate such statements in light of factors described in the Company's filings with the SEC, especially on Forms 10-K, 10-Q and 8-K. In various filings the Company has identified important factors that could cause actual results to differ from expected or historic results. You should understand that it is not possible to predict or identify all such factors. Consequently, you should not consider any such list to be a complete list of all potential risks or uncertainties. Contact: IR@ SOURCE: Optex Systems Holdings, Inc.
