Frost & Sullivan Commends Mahindra Comviva's Unique Digital Music Solution that Manages Mobile Service Providers' Entire Infotainment Services Portfolio
Frost & Sullivan Commends Mahindra Comviva's Unique Digital Music Solution that Manages Mobile Service Providers' Entire Infotainment Services Portfolio
CAPE TOWN, South Africa, July 4, 2014 /PRNewswire/ -- Based on its recent
analysis of the online retail services industry, Frost & Sullivan recognises
Mahindra Comviva with the 2014 Africa Frost & Sullivan Award for Customer Value
Leadership. Mahindra Comviva revolutionised the digital music market inAfrica
by not only providing a superior technology platform for end users, but also
managing the operator's complete roster of music and infotainment services. Its
business and marketing expertise enables mobile service providers to optimise
cost structures, widen the subscriber base and ultimately, accelerate revenue
growth.
Mahindra Comviva is one of the largest content aggregators in Africa; it
offers an extensive digital music portfolio that comprises video, voice and
text. It has collaborated with 140+ content partners, including local and
international content providers/copyright bodies/local artists and production
houses. These extensive partnership networks allow it to track the local
content in every country it operates in.
Currently, the company owns the rights to over 1M unique music tracks in
African, Arabic and international categories, and offers multiple genres in
more than 36 languages. Its first of a kind infotainment portal is powered by
its 'Recommendation and Analytics Engine', which recommends content based on
the end user's profile and consumption patterns.
"Mahindra Comviva's infotainment portal enables subscribers to access
infotainment through a single app, irrespective of the choice of bearer channel
between mobile client, text and voice," said Frost & Sullivan Information &
Communication Technologies Industry AnalystJoanita Roos. "Furthermore, it
allows customers to watch and download videos and even share and integrate
content with social network websites."
Other innovative offerings from Mahindra Comviva include 'Hi Life' and
'MyTV'. These offerings add a wide range of digital apps, including TV
channels, news, health, recipes and astrology over multiple channels. The
portal also features artist interviews, concert dates and the number of records
sold to the customer. Operators inAfrica have seen more than a fourfold rise in
their music services penetration and subscriber base, and a significant
increase in their music revenues, after switching to Mahindra Comviva's digital
services.
To drive adoption, the company has developed innovative micro charging
propositions tailored to spend patterns of multiple -segments. Consumers who
cannot afford a full services bouquet have the option of a daily or a biweekly
infotainment pack. Mahindra Comviva differentiates itself from its competitors
by offering billing via mobile money and mobile wallet services, in addition to
online payment solutions. This method has proved to be extremely effective as
a large percentage of the African population does not own bank accounts.
Mahindra Comviva not only has world-class solutions, but also has specific
processes in place to streamline directional changes and geographical
expansion. Whenever the company attempts to enter a new geographical area,
stringent procedures are followed in order to ensure the success of the market
entry.
"The company creates a complete marketing plan including planning campaigns,
segmenting the market, identifying partners, managing different market
participants - labels, content providers and vendors," observed Roos. "It
ensures regulatory compliance through best practices in business operations and
automated content enablement platforms."
Mahindra Comviva ensures customer value excellence, particularly in the
product service value and purchase experience it offers. It guarantees
implementation excellence through its superior process design, technology
sophistication and company culture.
Each year, Frost & Sullivan presents this award to the company that has
demonstrated excellence in implementing strategies that proactively create
value for its customers with a focus on improving the return on the investment
that customers make in its services or products. The award recognises the
company's inordinate focus on enhancing the value that its customers receive,
beyond simply good customer service, leading to improved customer retention and
ultimately customer base expansion.
Frost & Sullivan Best Practices awards recognise companies in a variety of
regional and global markets for demonstrating outstanding achievement and
superior performance in areas such as leadership, technological innovation,
customer service and strategic product development. Industry analysts compare
market participants and measure performance through in-depth interviews,
analysis and extensive secondary research to identify best practices in the
industry.
About Mahindra Comviva
Mahindra Comviva <http://www.mahindracomviva.com/> is the global leader in
providing mobility solutions. It is a subsidiary of Tech Mahindra and a part of
theUSD 16.5 billion Mahindra Group. With an extensive portfolio spanning mobile
finance, content, infotainment, messaging and mobile data solutions,Mahindra
Comviva <http://www.mahindracomviva.com/> enables service providers to enhance
customer experience, rationalize costs and accelerate revenue growth. Its
mobility solutions are deployed by over 130 mobile service providers and
financial institutions in over 90 countries, transforming the lives of over a
billion people across the world. For more information, please visit
www.mahindracomviva.com <http://www.mahindracomviva.com/>
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Contact:
Samantha James
Corporate Communications -- Africa
P: +27 21 680 3574
F: +27 21 680 3296
E: samantha.james@frost.com <mailto:samantha.james@frost.com>
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Sundeep Mehta
PR and Communications Manager
Sundeep.mehta@mahindracomviva.com <mailto:Sundeep.mehta@mahindracomviva.com>
SOURCE Frost & Sullivan
Frost & Sullivan
Web Site: http://www.mahindracomviva.com
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