Scope 5 raises $0.5 million in Series A funding

Virtualization has taken the IT world by storm but to date the comms market has been mostly unaffected – relying instead on proprietary appliances for numerous functions. A recent industry push to establish network standards virtualization will potentially shake-up the telecommunications market even more than the move to IP communications. As network hardware begins to be released as software, carriers are expected to save money and benefit greatly from new levels of flexibility related to hosting their network in private and virtual private clouds.

Software Telco Congress Benefits:

• Lower cost than using commoditized hardware – benefitting from IT economies of scale
• Decreased time to market for new services (software is faster than hardware)
• Targeted services can be introduced without site visits or need for new hardware
• Multi-tenancy support allows carriers to securely share hardware resources

Who Will Attend:

Tier 1, 2 and 3 Telcos