Redknee is Now Offering High-Performance Google Cloud Spanner to Customers

TORONTO, Nov. 28, 2017 /CNW/ - Redknee Solutions Inc. (TSX: RKN), a leading provider of business-critical billing and charging software and solutions for communications service providers (CSPs), today announced they are beginning to offer Google Cloud Spanner to Redknee customers.

"Oracle has been the gold standard in telecom for decades. Now, with Google's Cloud Spanner technology, Redknee can deliver a solution that's ten times more scalable for the world's largest telcos. For example, with our largest Oracle database, we've processed 50K transactions per second, while on Cloud Spanner, we've reached north of 500K," said Danielle Royston, CEO, Redknee. "This allows us to significantly improve performance for our customers, with a dramatically reduced total cost of ownership."

Increased competition between telcos and the ever-growing demand for on-the-go and on-demand connectivity put CSPs under pressure to continually position and align themselves with leading-edge technologies. The unique capabilities of Cloud Spanner will help CSPs increase revenue, reduce costs, serve more subscribers, and identify and develop new solutions and strategies.

"It goes without saying that for CSPs speed and scale are becoming even more important. After a very successful collaboration between Redknee and Google Cloud engineering teams, we are thrilled to integrate this data processing innovation into our products," added Royston.

The general availability of Cloud Spanner Multi-Region configurations was announced earlier this month by Google Cloud. Cloud Spanner revolutionizes database management and administration. It is unique among relational databases and cloud database services as it offers a globally consistent, low latency and scalable relational database. Cloud Spanner also delivers an industry-leading 99.999% availability SLA with no planned downtime.

"We are excited to deliver Cloud Spanner to CSPs, who have told us they want an alternative to Oracle. It's another step forward in our relentless pursuit of Customer Success, helping our customers achieve and exceed their strategic business goals," said Royston.

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About Redknee

Redknee monetizes today's digital world for communications service providers. Our market-leading portfolio of monetization and subscriber management solutions includes real-time billing, charging, policy and customer care modules and is available on premise, cloud-based, or as Software-as-a-Service. With a central focus on driving customer success, Redknee's products power growth and innovation for operators globally. Established in 1999, Redknee Solutions Inc. (TSX: RKN) can be found on the Toronto Stock Exchange. For more information about Redknee, please go to www.redknee.com.

SOURCE Redknee Solutions Inc.

Redknee: Kristin Donelson, T: [phone], [email protected]; Investor Relations: Justin Canivet, NATIONAL | Equicom, T: 416-586-1942, [email protected]