Close
  • Latest News
  • Cybersecurity
  • Big Data and Analytics
  • Cloud
  • Mobile
  • Networking
  • Storage
  • Applications
  • IT Management
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
Read Down
Sign in
Close
Welcome!Log into your account
Forgot your password?
Read Down
Password recovery
Recover your password
Close
Search
Menu
Search
  • Latest News
  • Cybersecurity
  • Big Data and Analytics
  • Cloud
  • Mobile
  • Networking
  • Storage
  • Applications
  • IT Management
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
More
    Home Applications
    • Applications

    Outsourcing the Back Office

    By
    John Mulqueen
    -
    March 5, 2001
    Share
    Facebook
    Twitter
    Linkedin

      Veteran telecom executive Robert Annunziata is placing his latest bet on making it easier for carriers to get service up and running for their customers.

      Annunziata now chairs Coreon, a start-up flush with $200 million in venture capital funding garnered in two rounds of funding. The company is preparing to deliver back-office service provisioning, ordering and billing for local and long-distance carriers.

      Such services will save carriers some big headaches and costs, enabling them to enter new markets rapidly or integrate newly acquired carriers into their existing operations, Coreon executives said.

      The New York company has three competitive local telecom companies testing its services, two in the Midwest and one on the East Coast, company executives said. However, they declined to name those companies.

      Annunziata founded and was the CEO of Teleport Communications Group. Later, he was an executive at AT&T and CEO of Global Crossing. He now also chairs Velocita, which is building a new fiber-optic network.

      Annunziata said of Coreon: “The technology they are using fills a need that carriers must have — great back-office capability, the ability to turn up services and process orders.”

      Carriers can use Coreon temporarily to integrate another carrier that they acquire into their core systems, and Coreon might expand into the enterprise network management business, he said.

      Carriers may have to spend as much as $25 million and work up to a year to set up their own operational support services when they enter a new market, said Stan George, Coreons CEO and one of its founders. “We have a functioning system that they pay for as they use,” he said.

      Avatar
      John Mulqueen

      MOST POPULAR ARTICLES

      Android

      Samsung Galaxy XCover Pro: Durability for Tough...

      Chris Preimesberger - December 5, 2020 0
      Have you ever dropped your phone, winced and felt the pain as it hit the sidewalk? Either the screen splintered like a windshield being...
      Read more
      Cloud

      Why Data Security Will Face Even Harsher...

      Chris Preimesberger - December 1, 2020 0
      Who would know more about details of the hacking process than an actual former career hacker? And who wants to understand all they can...
      Read more
      Cybersecurity

      How Veritas Is Shining a Light Into...

      eWEEK EDITORS - September 25, 2020 0
      Protecting data has always been one of the most important tasks in all of IT, yet as more companies become data companies at the...
      Read more
      Big Data and Analytics

      How NVIDIA A100 Station Brings Data Center...

      Zeus Kerravala - November 18, 2020 0
      There’s little debate that graphics processor unit manufacturer NVIDIA is the de facto standard when it comes to providing silicon to power machine learning...
      Read more
      Apple

      Why iPhone 12 Pro Makes Sense for...

      Wayne Rash - November 26, 2020 0
      If you’ve been watching the Apple commercials for the past three weeks, you already know what the company thinks will happen if you buy...
      Read more
      eWeek


      Contact Us | About | Sitemap

      Facebook
      Linkedin
      RSS
      Twitter
      Youtube

      Property of TechnologyAdvice.
      Terms of Service | Privacy Notice | Advertise | California - Do Not Sell My Information

      © 2021 TechnologyAdvice. All Rights Reserved

      Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.

      ×