CSG Earns Recognition from Leading Analyst Firms

Rhea-AI Summary

CSG (NASDAQ: CSGS) has been recognized by leading analyst firms Gartner, Frost & Sullivan, Kaleido Intelligence, MGI, and Quadrant Knowledge Solutions for its award-winning solutions and integrated omnichannel approach in helping global brands transform their customer experience. The company has been recognized as a Niche player in the 2023 Gartner Magic Quadrant for Configure, Price and Quote Application Suites, a Leader in the 2023 Frost Radar for 5G Revenue Management and Monetization, a Leader in the 2023 MGI 360 Rating: The Agile Billing Top 50 Buyers Guide, a Champion in the 2023 Kaleido Intelligence Roaming Vendor Hub – Clearing & Settlement, and a Leader in the 2023 SPARK Matrix: Configure, Price & Quote. CSG was also mentioned in the 2023 Gartner Market Guide for CSP Customer Management and Experience Solutions and the 2022 Gartner Market Guide for Revenue Management and Monetization. The company's Chief Product & Strategy Officer, Chad Dunavant, emphasized CSG's ability to understand customer needs and provide capabilities for tangible growth, supporting CSPs across various focus areas like B2C, B2B, and B2B2X.

Leadership recognition demonstrates the company’s depth, innovation and industry expertise

DENVER--(BUSINESS WIRE)-- Communication service providers (CSPs) are racing to modernize their operations and deliver dynamic and personalized experiences for their customers. To leverage automation, intelligence and orchestration, they’re working to improve the customer experience across all touchpoints. In 2023, CSG^® (NASDAQ: CSGS)’s award-winning solutions and integrated omnichannel approach helped global brands transform their customer experience, earning CSG recognition from leading analyst firms Gartner, Frost & Sullivan, Kaleido Intelligence, MGI and Quadrant Knowledge Solutions.

In recent months, CSG has been recognized as:

• A Niche player in the 2023 Gartner® Magic Quadrant™ for Configure, Price and Quote Application Suites
  • CSG Quote & Order enables CSPs to configure products with live pricing, creating comprehensive orders that seamlessly flow from quotes to fulfillment. An API-powered CPQ solution built for complex B2B services, it provides CSPs with the composability and order management capabilities they need to drive faster time to revenue and deliver a better overall customer experience.
• A Leader in the 2023 Frost Radar for 5G Revenue Management and Monetization
  • CSG enables CSPs to reduce reliance on multi-vendor solutions, lowering time to market and total cost of ownership by integrating charging, billing, policy control and interconnect. The depth of its capability portfolio, modular SaaS platforms and unique partnership-driven approach earn CSG a leadership placement for its ability to monetize a variety of 5G use cases on a single SaaS platform.
  • Frost & Sullivan writes: "CSG has proven how it can integrate assets from a network and a messaging portfolio to provide a one-stop shop for CSPs. The company has mastered the challenges of hybrid operations."
• A Leader in the 2023 MGI 360 Rating: The Agile Billing Top 50 Buyers Guide
  • MGI recognized CSG Ascendon as “a good fit for organizations looking to create modern monetization capability to support new business initiatives”. The report states: "CSG Ascendon represents a multi-tenant SaaS approach to monetization tools for B2C-oriented digital services. It has a sophisticated product catalog capability, can support customer and product hierarchies and abstract complex pricing methods, including usage."
• A Champion in the 2023 Kaleido Intelligence Roaming Vendor Hub – Clearing & Settlement
  • CSG Retail Roaming Management platform enables CSPs to build new dynamic digital wholesale services and to drive the associated business models over 4G and 5G networks of any size. Kaleido notes: The CSG platform is "agile and extensible, bringing significant new functionality with minimal disruption to existing infrastructure."
  • CSG was also recognized as a High-Flyer in the Roaming Analytics & VAS and Fraud Management rating categories.
• A Leader in the 2023 SPARK Matrix: Configure, Price & Quote
  • CSG Quote & Order helps service providers deliver complex digital offerings by addressing the dual challenges of B2B2X relationships with customers and partners. Its comprehensive capabilities, impressive customer references, well-defined roadmap and vision and a highly scalable product suit earn CSG strong ratings for technological excellence and customer impact.
  • Quadrant Knowledge Solutions notes: "CSG offers a leading CPQ portfolio, customized specifically for the telecom industry, apart from also having strong third-party partnerships, robust functional capabilities and an extensive customer base."

Beyond these recognitions, CSG is mentioned in the 2023 Gartner Market Guide for CSP Customer Management and Experience Solutions, which CIOs can use to shape their sourcing strategy by understanding the investments and directions of representative vendors. CSG was also mentioned in the 2022 Gartner Market Guide for Revenue Management and Monetization as one of 20 vendors providing a wide variety of solutions, offering different portfolios, deployment/implementation approaches and focus areas for various segments of CSPs.

“Global operators trust CSG to modernize their business because we've demonstrated time and again that we understand their customers’ needs and provide the capabilities they need to drive tangible growth,” said Chad Dunavant, Chief Product & Strategy Officer, CSG. “The breadth and depth of our portfolio support CSPs regardless of their focus on B2C, B2B or B2B2X as we empower them to deliver new services faster than competitors, increase customer satisfaction and boost brand loyalty. This has been our bread and butter for 40+ years and is why industry analysts consistently rank CSG among the leading BSS solution providers across the industry.”

For more information about CSG, visit www.csgi.com.

Gartner, Magic Quadrant for Configure, Price and Quote Application Suites, Mark Lewis, Dayna Radbill, 11 December 2023.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Gartner and Magic Quadrant are registered trademarks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

About CSG

CSG empowers companies to build unforgettable experiences, making it easier for people and businesses to connect with, use and pay for the services they value most. Our customer experience, billing and payments solutions help companies of any size make money and make a difference. With our SaaS solutions, company leaders can take control of their future and tap into guidance along the way from our fiercely committed and forward-thinking CSGers around the world.

Want to be future-ready and a change-maker like the global brands that trust CSG? Visit csgi.com to learn more.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240123732657/en/

Kristine Østergaard

Public Relations

+44 (0)79 2047 7204

kristine.ostergaard@csgi.com

John Rea

Investor Relations

+1 (210) 687-4409

john.rea@csgi.com

Source: CSG

FAQ

What is the ticker symbol for CSG?

The ticker symbol for CSG is CSGS.

What recognitions has CSG received in 2023?

CSG has been recognized as a Niche player in the 2023 Gartner Magic Quadrant for Configure, Price and Quote Application Suites, a Leader in the 2023 Frost Radar for 5G Revenue Management and Monetization, a Leader in the 2023 MGI 360 Rating: The Agile Billing Top 50 Buyers Guide, a Champion in the 2023 Kaleido Intelligence Roaming Vendor Hub – Clearing & Settlement, and a Leader in the 2023 SPARK Matrix: Configure, Price & Quote.

What did Frost & Sullivan say about CSG?

Frost & Sullivan recognized CSG's capability portfolio, modular SaaS platforms, and unique partnership-driven approach, earning CSG a leadership placement for its ability to monetize a variety of 5G use cases on a single SaaS platform.

What is CSG Ascendon?

CSG Ascendon represents a multi-tenant SaaS approach to monetization tools for B2C-oriented digital services, with sophisticated product catalog capability and support for customer and product hierarchies.

What is CSG Retail Roaming Management platform?

The CSG Retail Roaming Management platform enables CSPs to build new dynamic digital wholesale services and drive associated business models over 4G and 5G networks of any size.

Who is Chad Dunavant?

Chad Dunavant is the Chief Product & Strategy Officer at CSG.

What was CSG mentioned in the 2022 Gartner Market Guide for?

CSG was mentioned in the 2022 Gartner Market Guide for Revenue Management and Monetization as one of 20 vendors providing a wide variety of solutions, offering different portfolios, deployment/implementation approaches, and focus areas for various segments of CSPs.