In the first half of our Q&A with MATRIXX Software founder Jennifer Kyriakakis, we took a look at how the telco industry has changed since the company’s founding. However, as itself part of the telco industry, MATRIXX had to change as well, evolving its platform to continue helping clients address their customers’ needs now and in the future.
The way we initially designed the platform set us up very nicely to transition to cloud native principles. When NFV was in vogue, we had already solved the issues virtualization was trying to solve by creating our own tech stack that took advantage of low-cost hardware and could scale linearly. As cloud native principles came to light, we realized more immediately how we and the industry as a whole could take advantage of the architecture.
Looking at it through the lens of the three issues with telco monetization we discussed in part 1 (lack of business agility, immediacy, and flexibility), here’s how we were able to shift to cloud native so easily.
A lot of it comes back to modularity and the services-based architecture we started from. Legacy vendors provide their solutions through monolithic sets of code that are too intertwined to ever evolve to cloud native. Though they’ve been moved to the cloud, they still can’t take advantage of the automation and efficiencies provided by Kubernetes, so they’re just as expensive in the cloud as they were on premises.
Many vendors also didn’t benefit from the same design advantages that we had, which I discussed above. Because they couldn’t evolve from OCS to CCS, they are inherently behind us in terms of product maturity and functional footprint.
Because of how early we were to cloud native principles and services-based architecture, the market wasn’t completely ready for us when we launched and it took a few years to gain traction. Now as the pace of change continues to increase, our foundational core of pushing boundaries and trying new things is paying off. Our openness to investing in new paradigms while sticking to our original design principles has also been crucial to our growth.
Our early adopters primarily used MATRIXX for digital brands and new mass market offerings. Now, we’re seeing the shift to dedicated industry solutions and enterprise offerings from our customers in terms of monetization. As a result, we’re deploying a lot of exciting new models around value-based monetization, multi-party offerings, and network as a service.
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It’s an exciting time to be in telecoms as the industry continues growing and changing, and clearly a pivotal time for companies like MATRIXX as cloud native technology and principles become ubiquitous. Thanks again for your insights and time, Jennifer!
Part 2 of 2. Read Part 1.