Competition
Competition in our markets is intense and involves rapidly changing technologies, evolving industry standards, frequent new product introductions and rapid changes in customer requirements. We believe we compete favorably on the basis of the breadth and depth of our solution, product quality and performance, customer service, core technology, product features, ability to implement and integrate solutions, the value of our solution and the references of our customers. Competitors vary in size and in scope of the products and services offered. We encounter competition from a variety of vendors including Telcordia Technology (formerly Bellcore), Lucent Technologies, Architel Systems, and Eftia OSS Solutions. We also compete with systems integrators and with informational technology departments of large telecommunications service providers. We are aware of numerous other telecommunications carriers, software developers, and smaller entrepreneurial companies that are focusing significant resources on developing and marketing products and services that will compete with our TBS software. We anticipate continued growth in the telecommunications industry and the entrance of new competitors in the O&P software market and that the market for our products and services will remain intensely competitive. |