Elisa Polystar acquires Cardinality Ltd
Elisa Polystar acquires Cardinality Ltd, strengthening its portfolio with comprehensive data ingestion and cloud-native capabilities
Press release, 05 July 2022
Elisa Polystar acquires Cardinality Ltd, a UK-based supplier of cloud-native data management (DataOps), service assurance and customer experience analytics for communications service providers (CSPs) globally.
By combining with Cardinality, Elisa Polystar will have stronger data management, AI-driven analytics and automation portfolio with comprehensive data ingestion and cloud-native capabilities enabling simultaneous top- and bottom-line improvements for network operators. With this transaction, Elisa Polystar is taking further steps on its journey to make self-driving networks happen.
The acquisition is consistent with Elisa Corporation’s strategy to grow digital services internationally and accelerate development of its telecom software business under Elisa Polystar. The agreement was signed and the transaction is subject to local regulatory approval. The closing is expected during the third quarter of 2022, with ownership transferring from the current operational management and Maven Capital Partners to Elisa Polystar.
Since Cardinality was founded in the UK in 2015, it has grown into an international business with about 70 experts. The company’s platform includes plugins for hundreds of different data sources and enables large-scale data management in on-premises, cloud or hybrid deployments. Cardinality has been ranked as the UK’s best-performing scale-up technology company in the Business & Consumer Software sector in the Megabuyte Emerging 25 review in 2022.
Steve Preston, CEO of Cardinality Ltd: “What the team at Cardinality has achieved since 2015 will now reach a new level as we join forces with Elisa Polystar. More data – 5G, cloud-native networks and the IoT – means new challenges, but also opportunities for network operators. The challenge is how to capitalise on all data to create revenue streams from new use cases. Cardinality solves this problem by giving network operators reliable access to its network data, in real time and scalable through the Cardinality.io platform. This data is made available to AI/ML-powered use cases across the business. Elisa Polystar’s products will advance this data platform by providing an automation solution with improved customer experience and cost benefits. We are excited to be able to offer these advanced solutions to customers, who will gain real, measurable value.”
Elisa Polystar is a world-leading network automation and service assurance solutions provider, serving over 120 CSPs globally. With its background as an international business of Finland’s largest CSP, Elisa Polystar’s solutions are proven and tested in live networks.
The technologies from Cardinality will complement and strengthen Elisa Polystar’s existing service assurance and automation portfolios. Success begins with a flexible data management platform, complemented by AI-driven analytics and completed with automation software.
Thomas Nilsson, EVP for Assurance & CTO at Elisa Polystar: “I look forward to welcoming the experts from Cardinality to Elisa Polystar. Gaining actionable insights to effectively operate and secure the customer experience in future networks based on cloud-native 5G and distributed edge deployment requires collection and correlation of data at scale from multiple domains and sources. Cardinality enables effective data management at scale and allows operators to fully benefit from the cloud. In addition, it enables our subject matter experts to collaborate and develop new use cases for our existing service assurance and automation portfolios more easily and quickly.”
Cardinality Ltd was founded in 2015 to enable organizations to achieve amazing outcomes with data analytics. At Cardinality, we empower our customers to deploy best-in-class solutions on a platform that is award winning, high performing, and easy to use. The strength of our technology, combined with our expertise in helping organizations get the most value from their data, enables Cardinality to help our customers move forward on the digital transformation journey. Cardinality’s cloud-native Cardinality.io platform was forged in the highly complex world of telecom data analytics. With award-winning AI capabilities, super-fast streaming that can handle upwards of 50 billion events per day, and a DataOps engine that can easily move data from edge to core to cloud, Cardinality helps some of the world’s largest communications service providers solve their most complex data challenges. Website: cardinality.io
About Elisa Polystar:
Elisa Polystar, part of Elisa Group, is an innovative provider of cloud-native automation and analytics solutions. Our products help communication service providers (CSPs) to reduce both OPEX and CAPEX costs, while enhancing customer experiences. Our portfolio – proven with hundreds of CSPs globally – integrates AI-driven analytics with automation. It unlocks the benefits of closed-loop network operations and optimisation delivering self-driving networks. Our solutions are compatible with any network, as well as any service, including IoT and 5G network slicing. With our background as an international business of Finland’s largest CSP, Elisa Polystar’s solutions are tested in live networks, and with the unique needs of operators in mind: by an operator, for operators. Website: www.elisapolystar.com
Inna Ott, Director of Marketing, Elisa Polystar
Phone: +46 8 50 600 600