industry enterprise software founded 2001 headquarters lisbon portugal key people rui paiva ceo products revenue assurance fraud management business support system bss revenue 61.5 million 2013 1 operating income 11.8 million 2013 1 number of employees 500 1 website www.wedotechnologies.com wedo technologies wedo consulting s.a. is a multinational software corporation headquartered in lisbon portugal that develops and delivers enterprise business assurance software and services designed to support the revenue assurance and fraud management departments within an organization . 2 contents 1 history 2 software and services 3 events 4 partnerships and certifications 4.1 oracle 4.2 ibm 4.3 tm forum 5 offices 6 references 7 external links history edit the company was co founded by rui paiva on february 7 2001 3 and he has served as wedo technologies ceo throughout its history . in june 2013 gartner named wedo technologies as the world s 1 provider of revenue assurance and fraud management solutions for telecom operators and 41 in the top 50 of business support system bss operations support system oss and service delivery platform sdp vendors globally based on market share . 4 5 by 2010 wedo technologies had already been recognized as the world market leader in revenue assurance in the telecom industry according to frost & sullivan stratecast . 6 7 a member of the gsm association as a provider of applications and systems wedo technologies is an iso9001 2000 certified organization with a worldwide presence . 7 the company has expanded the concept of revenue assurance beyond the telecom sector and into the retail finance and energy industries with customers in more than 180 companies from more than 80 countries . 3 wedo technologies is owned by the non financial portuguese group sonae group which has 61 000 employees in 18 countries . along with telecommunications the group is active in retail real estate tmt and the wood industry as well as other business areas . 2 in 2009 wedo technologies won the smb cotec bpi innovation award which annually selects the smb demonstrating the most outstanding innovation at a national level . the winner was announced by fernando ulrich executive president of the banco portugu s de investimento and the award was presented to rui paiva ceo of wedo technologies by cavaco silva president of portugal . 8 in may 2012 wedo technologies announced the acquisition of us based connectiv solutions which provides network usage expenses management for telecommunications companies . the deal reinforced wedo technologies presence in the north america market and its geographical strategy . 9 by the end of 2012 wedo technologies had a team of almost 500 people of more than 20 nationalities and offices in 15 countries . its worldwide annual revenue in 2013 totaled 61.5 million representing a 12 % revenue increase . 3 software and services edit wedo technologies flagship software is raid an enterprise business assurance software suite that offers an end to end revenue assurance fraud management and business control processes . 10 raid helps companies face new business challenges such as lte machine to machine communications and mobile payments . 11 12 wedo technologies raid integrates information from different platforms to a central database applies business validation and comparison rules to detect errors and inconsistencies produces and manages alarms provides full problem lifecycle management and offers different kinds of kpi s and reports . 13 raid is composed by the following functional modules platform integrity usage control invoice control business control rating validation prepaid balance validation fraud management raid supports the implementation of a full revenue assurance program which includes the following 13 measurable points of control by supporting a wide format set of data readers which allow the integration of almost any kind of data format from any kind of source data loading translation enrichment and controlling mechanisms modeling tools that allow the creation of a dynamic data model to hold the loaded data for each point of control an extensive variety of validations and reconciliations that allow the set configuration of warnings for any inconsistencies . kpis for the monitoring and control of revenue assurance activities an associate risk reporting mechanisms and dash boarding tools and techniques business workflows according to each business rule within the case module in 2013 wedo technologies released raid 7.0 which included a complete enterprise business assurance software suite that addressed other control functions and departments such as enterprise risk management internal auditing compliance security and management control . 10 bridging analytics from various departments raid 7.0 also provides the capability to visually link strategic objectives by mapping risk indicators to kpis running on raid available through its balanced scorecard framework and business sensors . 10 events edit wedo technologies worldwide user group every year wedo technologies customers and independent guests from the telecom industry gather for the worldwide user group . in its 8th edition in 2013 more than 230 delegates where present including 62 companies from 45 countries . 2 14 wedo technologies is also a regular exhibitor and speaker at other major telecom and retail industry events such as mobile world congress 15 tm forum management world and national retail federation nrf conferences . 16 17 partnerships and certifications edit oracle edit wedo technologies is a gold level member of the oracle partnernetwork . this relationship has allowed both companies to develop a continuous collaborative innovation process that recently culminated in the exadata optimized process for wedo technologies enterprise business assurance software raid . 18 19 wedo technologies enterprise business assurance raid 6.3 software running on oracle exadata database machine achieved a processing throughput of up to 1 billion call records per hour during loading enrichment and aggregation reducing space requirements for storing detailed call data by 13 fold when compared with raw data and by 8 fold when compared with oracle standard compression . 20 ibm edit wedo technologies has been working with ibm on a set of technical enablement plans in the telecom industry . 3 tm forum edit in june 2012 wedo technologies raid received certification for compliance with the business process framework etom and the information framework sid components of tm forum s frameworx suite of standards . 13 offices edit wedo technologies has its world headquarters in lisbon portugal and two software houses located in braga portugal and in washington d.c. usa . wedo technologies also has offices in spain france ireland united kingdom poland brazil mexico egypt malaysia and australia . 2 references edit a b c company overview . wedo technologies . a b c d europrofile wedo technologies . light reading . retrieved 17 april 2012 . a b c d wedo sees revenue and ebitda growth in 2013 . telecoms.com . retrieved 21 march 2014 . wedo named tops in revenue assurance fraud management . billing world . retrieved 10 july 2013 . market share telecom operations management systems bss oss and sdp worldwide 2011 2012 . gartner . retrieved 26 march 2013 . stratecast puts wedo at the top of the ra market . billing world . retrieved 5 july 2010 . a b frost & sullivan stratecast revenue assurance and cost management global csp sector assessment . frost . retrieved 26 may 2010 . wedo technologies wins innovation award cotec bpi 2009 pdf . press release . retrieved 9 december 2009 . wedo acquires connectiv solutions . light reading . retrieved 5 january 2012 . a b c wedo technologies launches raid 7.0 to combat profit pitfalls of next generation telecoms . m2m now . retrieved 7 february 2013 . m2m a look at the opportunities and challenges ahead . m2m now . retrieved 23 november 2011 . wedo technologies launches raid 7.0 to combat profit pitfalls . vanilla plus . retrieved 13 february 2013 . a b c wedo technologies raid product information . tm forum . ceo of wedo technologies gives update at mwc13 . telco professionals . retrieved 4 march 2013 . wedo technologies the threat of revenue leakage is increasing . telco professionals . retrieved 9 april 2013 . wedo consulting sistemas de informa o . big show . talking enterprise business assurance with wedo technologies . store smedia . retrieved 17 june 2013 . oracle engineered systems and wedo technologies . oracle . wedo s bruno marques describes how the competitive advantage of oracle exadata lowers customer costs . oracle partner network . retrieved 13 november 2012 . wedo technologies delivers a 4x performance boost for its worldwide enterprise business assurance software suite using an engineered system . oracle . external links edit official website worldwide user group wedo technologies blog wedo technologies careers retrieved from https en.wikipedia.org w index.php title wedo technologies & oldid 742052017 categories software companies of portugal navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 1 october 2016 at 11 13 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non 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