Monday, June 03, 2002
Hughes Software Systems (HSSL), specialists in convergent
network software and a leader in providing GPRS, UMTS and
VoP software to original equipment manufacturers (OEMs), today
unveiled its unique and adaptable Service Creation Environment
(SCE) product for convergent services in next
generation networks at Supercomm 2002.
HSSL's SCE is a standalone product, which meets the requirements
for end-to-end service creation and integration for both proprietary
as well as standards based core networks and application platforms.
SCE delivers customer value on a sustained basis by enabling
rapid development and maintenance of revenue generating service
at reduced costs, faster time to market for new applications
and quick turnaround for customer-specific application customisation
needs.
OEM's application platform vendors, application developers
in the Wireline (IP) and Wireline domain can now acquire the
SCE technology from HSSL to create next generation enhanced
applications, services as well as call related features. This
would enable their service operator customers
deliver innovative applications and services to end-users.
HSSL's SCE provides a GUI programming environment to develop
and customise services based on Service Independent Building
Blocks (SIBs). It also provides support for third-party application
development by abstracting complex technology details and
the capability to let user define additional
re-usable service blocks as per evolving needs. HSSL's SCE
is being continuously evolved to support upcoming standardisation
efforts for service creation and integration such as Parlay,
OSA and JAIN.
"HSSL's Service Creation Environment enables substantial
reduction in initial and operating cost on sustained basis
for services creation and delivery," said Manoranjan
Mohapatra, executive vice-president and chief operating officer,
HSSL.
"This would enable OEMs to rapidly develop customer-driven
convergent services at reduced costs," he added.
Last month, HSSL announced a tie-up with solutions provider
Motorola to provide mediation and service activation solution
for Bharat Sanchar Nigam's (BSNL) cellular technology GSM
network. This is the first time that HSSL has partnered with
a leading vendor such as Motorola in India for
implementing its ready-to-deploy billing mediation solution.
HSSL is a subsidiary of Hughes Network Systems (HNS), a unit
of Hughes Electronics Corporation (HEC). HNS is a networking
company, dedicated to providing products and services to build
and operate digital communication networks worldwide. HNS
is the world leader in VSAT-based networks. HEC is a world
leader in the design, manufacture and marketing of advanced
electronic systems. It was a wholly-owned subsidiary of General
Motors Corporation, USA.
HNS India Inc is the principal shareholder in HSSL. The promoter
holding in HSSL is 55.72%.
However, on 29 October 2001, General Motors entered into
an agreement to sell HEC to EchoStar Communications Corp for
$25.8 billion in cash and shares. General Motors and HEC together
with EchoStar Communications signed definitive agreements
that provide for the spin-off of HEC from GM and the merger
of HEC with EchoStar.
This merged company would use the EchoStar name and adopt
the DIRECTV brand for its services and related products.
HSSL has posted a net profit of Rs 12.7 crore for the quarter
ended 31 March 2002 as compared to Rs 22.1 crore in the corresponding
period previous fiscal. Total income decreased from Rs 64.5
crore in the quarter ended 31 March 2001 to Rs 61.2 crore
in the quarter ended 31 March 2002.
The company has posted a net profit of Rs 52.2 crore for
the year ended 31 March 2002 as compared to Rs 62.9 crore
for the previous year ending 31 March 2001. Total income increased
from Rs 209.5 crore in the financial year ended 31 March 2001
to Rs 248.1 crore in the year ended 31 March 2002.
The HSSL scrip closed 1.37% higher at Rs 230.20 on the BSE
today, with a volume of 38,395 shares.
Last updated : February 2, 2004
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