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Digital Solution to Support Cloud Service Providers

By CIOReview | Wednesday, May 11, 2016
Ervin Leibovici, CEO, Nurego

Ervin Leibovici, CEO, Nurego

FREMONT, CA: In its endeavors to help cloud-based service providers, Nurego has recently launched a digital BizOps solution. The newly introduced solution is expected to eliminate the intricacies associated with constantly-changing environment of subscription based Cloud Service Providers (CSPs).

Nurego aims to lower the number of operational inefficiencies related product launch and other order-to-cash processes. The company supports CSPs to actively engage customers and increase profitability in today’s fast-paced digital transformation era.

"Traditional business process management solutions are inadequate for managing today's fast changing environments due to the lack of agility, visibility and real-time decision-making capabilities," stated Ervin Leibovici, CEO, Nurego. "Nurego offers a flexible combination of ongoing modeling, automation, execution, measurement and optimization of business activity. It is the only way to react to customer shifts and competitive threats on time and stay relevant."

In addition, Nurego also helps industrial IOT Cloud Service Providers to control and manage the financial risk of innovation. "With Nurego, customers and finance teams gain immense control over how rapidly they innovate their business models and govern the associated costs using an iterative build-measure-learn-adapt approach, on major component of their business model. This includes product portfolio, product features, packaging, pricing, customer segments, and distribution channels," said Leibovici.

The BizOps solution promotes time-to-revenue, higher engagement, and clearer visibility over acquisition and retention costs by streamlining and automating the CSP's customer journey.

"In building Predix, GE's platform for the Industrial Internet, GE teamed up with Nurego to deliver Business Operations services for the solutions deployed on Predix," said Gytis Barzdukas, Head of Product Management, Predix. "Nurego enables business model innovation that complements the advanced Platform-as-a-Service capabilities in Predix. The result is a complete solution that empowers innovative software developers to deliver the highest value to their Industrial IoT customers."