RADCOM Wins Fierce Network Innovation Award for Best Network Test & Measurement Solution

Rhea-AI Summary

RADCOM (Nasdaq: RDCM) has been awarded the Fierce Network Innovation Award for Best Network Test & Measurement Solution, specifically recognizing their Virtual Drive Test solution. The innovative technology uses advanced AI to reconstruct transportation routes and assign quality scores without requiring GPS or geographical data.

The solution transforms traditional network testing by eliminating the need for physical drive tests and field engineers. It continuously collects and analyzes network data across various environments including highways, railways, and urban/rural areas, using actual customer data to identify network issues and understand traffic patterns.

According to CEO Benny Eppstein, this recognition validates RADCOM's innovative approach and positions the company strongly in the 5G network assurance market. The 2024 Fierce Network Innovation Awards highlighted solutions that can drive cost savings, enhance customer engagement, and transform network capabilities.

Fierce Network has recognized the RADCOM Virtual Drive Test as the best in its category

TEL AVIV, Israel, Jan. 29, 2025 /PRNewswire/ -- RADCOM Ltd. (Nasdaq: RDCM) announced today that the Fierce Network Innovation Awards recently selected it as the Network Test and Measurement category winner.

The award honored the RADCOM Virtual Drive Test solution's innovative approach to gathering real-time subscriber insights. Utilizing advanced artificial intelligence (AI) accurately reconstructs transportation routes and assigns quality scores to each segment without depending on GPS or geographical data. This capability not only enhances the understanding of customer experience but also significantly reduces environmental impact and boosts the efficiency of engineering teams.

"We are honored to be recognized by Fierce Network for this award, which acknowledges RADCOM's innovative technology," said Benny Eppstein, Chief Executive Officer of RADCOM. "Our Virtual Drive Test solution that leverages advanced AI capabilities combined with our best-in-class 5G assurance platform positions us to meet the evolving needs of our customers as they continue to roll out 5G networks."   

The 2024 Fierce Network Innovation Awards official announcement acknowledged "the visionaries and innovators shaping the future of the network communications landscape," which "demonstrated exceptional potential to drive cost savings, enhance customer engagement and transform network capabilities."

RADCOM Virtual Drive Test continuously collects and analyzes network data without requiring engineers in the field. It obsoletes the reliance on physical drives to a new site and offers network insights across travel routes, regions, highways, railways, and urban or rural areas. Using actual customer data, the solution better identifies critical network problems and provides a more realistic understanding of traffic patterns.

For all investor inquiries, please contact:

Investor Relations:
Miri Segal
MS-IR LLC
917-607-8654
msegal@ms-ir.com

Company Contact: 
Hadar Rahav
CFO
+972-77-7745062
hadar.rahav@radcom.com     

About RADCOM
RADCOM (Nasdaq: RDCM) is the leading expert in 5G-ready cloud-native, network intelligence solutions for telecom operators transitioning to 5G. RADCOM Network Intelligence consists of RADCOM Network Visibility, RADCOM Service Assurance, and RADCOM Network Insights. The RADCOM Network Intelligence suite offers intelligent, container-based, on-demand solutions to deliver network analysis from the RAN to the core for 5G assurance. Utilizing automated and dynamic solutions with smart minimal data collection and on-demand troubleshooting, and cutting-edge techniques based on machine learning, these solutions work in harmony to provide operators with an understanding of the entire customer experience and allow them to troubleshoot network performance from a high to granular level while reducing storage costs and cloud resource utilization. For more information on how to RADCOMize your network today, please visit www.radcom.com, the content of which does not form a part of this press release.

Risks Regarding Forward-Looking Statements
Certain statements made herein that use words such as "estimate," "project," "intend," "expect," "'believe," "may," "might," " potential," "anticipate," "plan" or similar expressions are intended to identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws. For example, when the Company discusses meeting the evolving needs of its customers, the potential of its products and services to drive cost savings, enhance customer engagement and transform network capabilities, it is using forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties that could cause the actual results, performance, or achievements of the Company to be materially different from those that may be expressed or implied by such statements, including, among others, changes in general economic and business conditions and specifically, decline in demand for the Company's products, inability to timely develop and introduce new technologies, products, and applications, loss of market share and pressure on prices resulting from competition and the effects of the war in Israel. For additional information regarding these and other risks and uncertainties associated with the Company's business, reference is made to the Company's reports filed from time to time with the U.S. Securities and Exchange Commission. The Company does not undertake to revise or update any forward-looking statements for any reason.

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SOURCE RADCOM Ltd.

FAQ

What innovation award did RADCOM (RDCM) win in January 2025?

RADCOM won the Fierce Network Innovation Award in the Network Test & Measurement category for its Virtual Drive Test solution.

How does RADCOM's Virtual Drive Test solution work without GPS data?

The solution uses advanced artificial intelligence to reconstruct transportation routes and assign quality scores without relying on GPS or geographical data, analyzing actual customer data instead.

What are the main benefits of RADCOM's Virtual Drive Test for 5G networks?

It eliminates the need for physical drive tests, reduces environmental impact, improves engineering team efficiency, and provides continuous network analysis using real customer data across various environments.

How does RADCOM's Virtual Drive Test solution improve network testing efficiency?

It eliminates the need for engineers in the field, continuously collects and analyzes network data, and provides insights across various environments using actual customer data for more realistic traffic pattern understanding.

What impact does RADCOM's award-winning solution have on 5G network deployment?

The solution enhances 5G network assurance by providing real-time subscriber insights and better network problem identification, supporting operators as they roll out 5G networks.