PALO ALTO, Calif., Oct. 30, 2019 /PRNewswire-PRWeb/ -- Macrometa, the creators of a Global Data Network for application and API developers, today announced that it has been named a "Cool Vendor" in the October 9, 2019 report titled, Cool Vendors in Communications Service Provider Business Operations* by Kosei Takiishi, Ramesh Marimuthu, Peter Liu, Jouni Forsman, Sylvain Fabre, Michael Porowski, and Monica Zlotogorski at Gartner, Inc. The report evaluates interesting, new and innovative vendors, products and services in the communications service provider market. Gartner's report points out, "By 2024, CSPs with effective data-centric organizations will achieve at least a 5 percentage point improvement in net profit margins compared to their peers."
According to the report, "The information boost from AI and ML is pivotal for successful digital transformation. Communications service providers must improve agility and create new revenue streams by exploring vendors' innovative AI/ML solutions, which may enhance service efficiency and create competitive differentiation."
The report also provides recommendations "for communications service providers planning to leverage AI and ML:
- Leverage innovations developed by new and niche vendors to complement your existing suppliers in the areas of predicting network and user behavior.
- Ensure that the solution can correlate and analyze the diverse network and customer data sources and create business opportunities, as promised, by conducting proofs of concept with the Cool Vendor.
- Maximize the solution's cost-efficiencies by deploying it on a risk-reward sharing basis, until it has proven that it delivers on its promises."
"We feel it is an honor to be named a Cool Vendor by Gartner,'" said Chetan Venkatesh, co-founder and CEO of Macrometa. "Delivering dynamic data with local performance anywhere in the world is a challenge not easily solved, and we believe being recognized as a Gartner Cool Vendor is an amazing validation of not just our technology but also this growing market."
We believe the information provided in the report is of value to all Service Provider professionals and application architects who are looking to accelerate time to market for new apps and open new revenue channels with distributed applications.
*Gartner, Cool Vendors in Communications Service Provider Business Operations, by Kosei Takiishi, Ramesh Marimuthu, Peter Liu, Jouni Forsman, Sylvain Fabre, Michael Porowski, and Monica Zlotogorski, October 9, 2019
Disclaimer:
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About Macrometa:
Macrometa was co-founded by Chetan Venkatesh and Durga Gokina, and is backed by BGV, Partech, Shasta Ventures and Fusion Fund. The Macrometa team shares an imagination fueled by a vision of an Internet experience where ideas can be expressed instantly as code, applications, APIs and more.
SOURCE Macrometa Corporation
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