![]() Telesoft Tech launches advanced LBS solution in IndiaPublished on Mon, Jan 12, 2009 at 12:16 | Source : Moneycontrol.com Updated at Mon, Jan 12, 2009 at 13:35
UK based, Telesoft Technologies, a market leader in providing reliable and cost-effective Telecommunications, Monitoring, Homeland Security and Intelligence solutions, has announced the availability in Mr. Andy Evripides, Sales and Marketing Director, Telesoft Technologies Ltd., said, "India is one of the most vibrant economies in the world today and its telecom infrastructure and huge population present exciting opportunities to Telecom Operators. However, location-based services are yet to make a perceptible mark in this industry. Telesoft Technologies has decades of experience in the field of network monitoring and mobile signaling through its various products and we plan to proactively prepare the Indian telecom industry for this cutting-edge technology." Telesoft Technologies sees huge potential for Location-Based Services (LBS) in the Indian market and wants to showcase its capabilities to the Indian Telecom industry in this key area. Geographical location of mobile subscribers has become an important topic with profound implications for a wide range of applications, known generically as Location-Based Services (LBS). Alongside the commercial opportunity for LBS applications, legal and social obligations - such as lawful interception and intelligence-related data acquisition, and public Emergency services - also depend on the acquisition of subscribers' geographical location information. These services can be extremely valuable, both for gathering intelligence and for the support of value added services (VAS). As per industry analysts, the potential for LBS has only recently started to be exploited, and the value associated with these is likely to increase significantly in the coming years. Analyst firm ABI Research predicts growth in commercial LBS from $111 million in 2008 to $2.2 billion by 2013.
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