The acquisition  forms part of the Group’s continuing strategy to target the telco market with its Kx technology, where it sees significant opportunities.

Telconomics is based in Madrid, Spain and was formed in 2009 to provide analytics consulting for telco network operators. It has also recently developed a number of software products, notably INTEF, a platform to perform critical activities such as network development strategy, network

planning and network optimisation. It is intended that INTEF will be subsumed into the Kx Telco Solutions suite, incorporating the kdb+ in-memory database, which enables real-time data ingestion and provides time series capabilities for operations support, fraud detection, clickstream analysis and proximity marketing.

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