UST Global and Xperio Labs announced a partnership that will benefit ISPs (Internet Service Providers) and MSOs (Multi-Service Operators by enabling them to transform their business by rapidly acquiring new subscribers, engaging them and monetizing at the fraction of a cost and time to the conventional models.
The partnership offers a unique solution – SPRNGPOD on a Platform as a Service (PaaS) model, thereby reducing the need for service providers to invest in capex and also reducing their Time-to-Market (TTM).
SPRNGPOD is a Smart Life platform that takes consumer acquisition, engagement & monetization to new heights via its mobile centric revenue generating OTT (Over-the-Top) services for Security, Entertainment, Automation and Communication. It radically reduces the need for any customized hardware to be deployed in consumer homes making it the world’s first Gateway Less Smart solution.
UST will bring in IoT and mobility solutions across domains, as well as leverage their systems integration expertise to deliver digital services on a managed services model.
ISPs, MSOs and similar providers have been challenged by reduced revenues from various traditional services like voice, SMS, broadcast video; and the difficulty in acquiring millennials who are comfortable with social commerce (on mobiles or otherwise). This solution will enable the providers to tide over this challenge.
Alexander Varghese, Chief Administrative Officer and Country Head, UST Global commented, “The partnership further strengthens our service offerings in the M&E and Telecom space. Xperio has a deep understanding of the engineering side of M&E space, and complements the Digital & IT services along with the multi-domain expertise of UST Global. MSOs and ISPs can leverage the solutions that this partnership brings to transform their business, to retain the current customer base as well as acquire new customers at an accelerated pace.”
Roshan Dsouza, President – Xperio Labs, said, “We are excited about this partnership with UST Global, it helps SPRNGPOD get a global reach along with a support infrastructure that can give service providers the confidence to launch new OTT services and scale their business rapidly.”