Paris, France – 14th October 2024 – Mavenir, a leader in cloud-native network infrastructure, has solidified its position as the frontrunner in telecom innovation by winning the esteemed 2024 Network X Award for Most Innovative Cloud Product.
The award honors Mavenir for its innovative Cloud-Native Automation solution, which enables mobile network operators (MNOs) to improve performances, cut expenses and speed up the rollout of 5G.
The award emphasizes how Mavenir’s cloud-native 5G automation solution improves 5G network performance. The recognition highlights its solution’s potential to lower the total cost of network ownership while automating end-to-end deployment and lifecycle management.
The cloud-native solution can help mobile network operators (MNOs) cut service deployment timelines by 92%, offering a quicker 5G rollout. Moreover, the solution can reduce 80% of the manual effort needed to deploy automated 5G networks, making Mavenir’s product a preferred solution for MNOs.
Bejoy Pankajakshan, the Chief Technology and Strategy Officer at Mavenir, emphasized the significance of the recognition, saying,
“Our solution simplifies and accelerates network and services deployment, providing a cost-effective path to 5G. By reducing time, cost, and resource requirements, our customers can quickly implement new innovations and features, staying ahead in a rapidly evolving market.”
This accolade follows Mavenir’s 2023 Network X Award win for Open RAN automation and solidifies its position as a pioneer in telecom innovation.
Mavenir’s Cloud-Native Automation will be at the forefront of offering MNOs scalable, cloud-based automation for 5G network deployment as the adoption of cloud-based 5G networks grows.