The report highlights LotusFlare’s DNO Cloud and T-Mobile DevEdge, an innovative API marketplace for developers.
Santa Clara, CA - March 22, 2023 - LotusFlare, provider of a cloud-native digital commerce and monetization service for communications and media service providers, has been featured in “Software for the Connected World”, a research report by global investment bank Houlihan Lokey.
Houlihan Lokey reviews the challenges to the traditional telco model that have compounded over recent years and how telcos are being forced to revamp traditional monetization mechanisms and underlying operating models. The report states that “software is key to telecom’s future, and hundreds of billions of dollars will be required to make that transition.”
Under the “Continued Cloudification of Telecom Functions”, Houlihan Lokey reviews LotusFlare’s cloud-native LotusFlare DNO™ Cloud designed to help telcos deliver valuable business outcomes and improve customer experience. The report also reviews LotusFlare’s partnership with T-Mobile and how LotusFlare is driving customer acquisition for them.
In 2022, LotusFlare announced its partnership with T-Mobile for their launch of T-Mobile DevEdge, an API Marketplace for developers. T-Mobile DevEdge is a self-service developer platform designed to support innovators of all kinds, regardless of the stage of the innovation cycle. From start-ups to large enterprises, the platform gives developers access to T-Mobile’s leading network via a set of APIs. In Q4 2022, T-Mobile launched its first IoT kit for developers as part of the DevEdge marketplace. Read the case study on T-Mobile DevEdge and LotusFlare here.
T-Mobile DevEdge utilizes selected SaaS components of LotusFlare DNO™ Cloud. Developed from the customer experience down, LotusFlare DNO Cloud is cloud-native in origin to help providers achieve valuable business outcomes, including the rapid launch of new digital brands, simplification of business systems architectures, monetization of 5G network assets, reduction in time-to-market and increasing subscriber acquisition and retention. Learn more here.
About Houlihan Lokey
acquisitions, capital markets, financial restructuring, and valuation. The firm serves corporations, institutions, and governments worldwide with offices in the United States, Europe, the Middle East, and Asia-Pacific. Independent advice and intellectual rigor are hallmarks of the firm’s commitment to client success across its advisory services. Houlihan Lokey is the No. 1 investment bank for global M&A transactions under $1 billion, the No. 1 M&A advisor for the past eight consecutive years in the U.S., the No. 1 global restructuring advisor for the past nine consecutive years, and the No. 1 global M&A fairness opinion advisor over the past 25 years, all based on the number of transactions and according to data provided by Refinitiv.