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Bytedance Partners With Tecnotree Moments For Next-Gen AI And 5G Telecom Enterprise Monetization

By Business Wire

Business Wire
Overall Rating

ESPOO, Finland--(  )--Tecnotree, a global digital platform and services leader for AI, 5G and cloud-native technologies, is pleased to announce an innovative partnership with BytePlus, the enterprise arm of Bytedance, to revolutionize enterprise wholesale monetization through Tecnotree Moments campaign management for CSPs. This collaboration represents a significant milestone in managing the B2B2X digital ecosystem, presenting a bold step towards enhanced AI and API monetization strategies for CSPs around the world.

Tecnotree Moments, leveraging its experience in monetizing telecom partner ecosystems, has partnered with Byteplus in digital media and distribution, introducing cutting-edge solutions that drive value and growth for CSPs. The partnership underscores Tecnotree Moments' commitment to providing AI solutions such as channel personalization and interactive experiences on a unified telecom-focused customer data platform, enabling CSPs to unlock new enterprise revenue streams through AIML model management and Multi-AIML for goal-based learning, delivering hyper-personalization in video, music and ARVR advertising for the three-dimensional 5G world.

The Reseller API integration will see Tecnotree Moments resell Byteplus' rich media technology in the Moments campaign and marketplace to an ecosystem of digital services partners through CSPs. Tecnotree will integrate wholesale advertising, content personalization and AIML recommendation models to help CSPs with B2B2X enterprise monetization across telecommunications, social media and digital channels. The comprehensive monetization suite, while enhancing customer experience, will unlock new revenue streams for telcos beyond data pooling, empowering CSPs to maximize revenue opportunities through cost-per-click (CPC) models ), cost per thousand (CPM), and other cloud-based subscription models for advertising.

Commenting on the partnership, Prianca Ravichander, CMO and Global Head of Partnerships, Tecnotree Corporation, said: “The future of 5G AI is three-dimensional with the rapidly evolving digital landscape. Therefore, there is an opportunity to help CSPs monetize hyper-personalization for communications companies with Tecnotree Moments as a service platform. We are excited about the collaboration and its potential to reshape channel personalization across telcos. By combining Tecnotree Moments' channel personalization platform for CSPs with Byteplus' advanced creation tools and content recommendation technology for guaranteed improvements, we aim to empower creators, businesses and telcos to thrive in the new digital economy.”

Charlie Sung, Global Head of Partnerships and Ecosystems at ByteDance and BytePlus said, "Our collaboration with Tecnotree Moments represents a significant step forward in our mission to revolutionize digital monetization and our commitment to the region. Together, we look forward to empowering CSPs with solutions innovations, capitalize on the growing demand for personalization and position ourselves for success in today’s digital economy.”

About Tecnotree

Tecnotree is a 5G-ready digital Business Support System (BSS) actor with AI/ML capabilities and multi-cloud extensibility. Tecnotree leads the TM Forum Open API Conformance with 59 certified open APIs, including 9 real-world open APIs, a testament to the company's commitment to excellence and continued drive to provide differentiated experiences and services for CSPs and DSPs. Our agile, open-source digital BSS Stack covers the full range (from order to payment) of business processes and subscription management for telecommunications and other digital services sectors, which create opportunities beyond connectivity. Tecnotree also provides a digital marketplace of multiple Fintech and B2B2X experiences to its subscriber base through the Tecnotree Moments platform to empower digitally connected communities in gaming, healthcare, education, OTT and other vertical ecosystems. Tecnotree is listed on Nasdaq in Helsinki (TEM1V).

About BytePlus

Byteplus aims to help businesses grow and improve efficiency by providing them with cutting-edge technology solutions that are powered by the vast knowledge and experience accumulated by ByteDance from serving billions of users around the world. The platform offers a wide range of services, including personalized recommendation algorithms, AI technologies, machine learning, video and image recognition, cloud data storage and content delivery. With these tools, companies can improve the customer experience, improve their products and services, and gain a competitive advantage in the market.

The original language text of this announcement is the official authorized version. Translations are provided as a facility only and must refer to the text in the original language, which is the only version of the text that has legal effect.

Contacts

Prianca Ravichander, CMO at Tecnotree
Email: marketing@tecnotree.com

First published on Tue, Feb 27, 2024

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