Nigerian-based communications professional services
provider Kropmann Communications Limited, has signed a reseller
agreement to provide Argyle Data's native Hadoop fraud analytics
technology as part of its services to mobile communications operators
in Africa.
Kropmann is
in the forefront of delivering new technologies to help address
business challenges in Africa. Since its inception in 2005, Kropmann
has entered into strategic partnerships and alliances to deliver
actionable intelligence platforms for banks and telecommunications
companies in areas including customer engagement optimization,
compliance, business intelligence, security, fraud and risk.
Each year Africa's mobile/cellular carriers lose the
equivalent of almost US$1.75 billion through theft of service,
interconnect and related frauds. Fraud prevention and revenue
assurance has become a major priority for all operators. 2015
research indicates a general consensus among regional telecoms
carriers that between 1 to 3% of revenues are unbilled and that
between 2 to 6% of billed revenues are unpaid(1).
"The
downside of the growth in mobile services in African countries is
that it has attracted the attention of global criminals which,
combined with the high cost of delivering service in this region,
highlights the importance of operators actively engaging in
identifying and reducing revenue leakage," said Kim Fraser, CEO
of Kropmann Communications Limited. "While the region's
telecommunications industry has seen a quantum leap in the past
decade, revenue fraud and the high cost of service delivery is a
challenge for which the telecoms industry in Africa urgently needs
new solutions. Argyle Data's fraud detection technology allows
operators to fight known and unknown fraud types in real time, and we
are very pleased to add their application to our portfolio."
Argyle Data's system is used by some of the world's largest mobile
operators to gain real-time visibility into revenue threats and
attack patterns, which cost the mobile communications industry an
estimated U.S.$38 billion a year. Argyle Data's is the first in a new
generation of native Hadoop applications that exploit the power of
machine learning to uncover critical insights in real-time from vast
data lakes.
"Research from the CFCA(2) shows major growth in
both International Revenue Share Fraud and Premium Rate service
fraud, which in Africa is over 28% of the total," said Vikash
Varma, President and CEO at Argyle Data. "Subscription and
dealer fraud constitute a further 29% of the total revenue loss to
fraud in Africa. Argyle Data's breakthrough approach has already been
proven to dramatically improve fraud detection and prevention. We are
very pleased to work with Kropmann to provide operators with a way of
reducing revenue losses to fraud in the region."
About Kropmann Communications Limited
Kropmann Communications Limited is incorporated and headquartered in Nigeria. The company became fully operational in 2009, with a vision to be the foremost indigenous professional services and VAS content provider in Nigeria. Managed by experienced executives, Kropman is in the forefront of delivering new technologies to help address business IT challenges in Africa. Kropmann Communications Limited is also a licensed Internet Service Provider and a VAS content Provider to both organizations and individuals.
Kropmann Communications Limited is incorporated and headquartered in Nigeria. The company became fully operational in 2009, with a vision to be the foremost indigenous professional services and VAS content provider in Nigeria. Managed by experienced executives, Kropman is in the forefront of delivering new technologies to help address business IT challenges in Africa. Kropmann Communications Limited is also a licensed Internet Service Provider and a VAS content Provider to both organizations and individuals.
About Argyle Data
Argyle Data is used by the world's leading mobile operators to detect the fraud, profit, and SLA threats that cost the industry $38 billion per year. Argyle Data's industry leading native Hadoop application suite uses the latest Hadoop and Big Data machine learning technologies, proven at Facebook and Google, to identify the revenue threats and attack patterns being waged against mobile networks in real time.
Argyle Data is used by the world's leading mobile operators to detect the fraud, profit, and SLA threats that cost the industry $38 billion per year. Argyle Data's industry leading native Hadoop application suite uses the latest Hadoop and Big Data machine learning technologies, proven at Facebook and Google, to identify the revenue threats and attack patterns being waged against mobile networks in real time.
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