Using Big Data to Put a Big Hurt on an $18.4 Billion Problem

Stratecast publishes Jeff Cotrupe’s latest Stratecast Perspectives & Insights for Executives (SPIE) report

Using Big Data to Put a Big Hurt on Communications Fraud 08-12-2013

Oceanside, CA (San Diego), 12 August 2013 – Stratecast has published Jeff Cotrupe’s latest research report, Using Big Data to Put a Big Hurt on Communications Fraud. The opening section of the report introduces the topic this way:

As the use of smart devices proliferates around the globe, communications service providers (CSPs) are dining on huge new revenue opportunities—and an equal helping of financial risk. The Communications Fraud Control Association (CFCA)* …defines it as the use of telecommunications products or services without intention to pay. Committing communications fraud is serious business, and to borrow a phrase from a major motion picture, “business is a-booming.”** The CFCA’s most recent figures indicate that communications fraud represents an $18.4 billion risk.

To obtain a copy of this or any Stratecast or Frost & Sullivan report, or to subscribe to any of their research programs, readers may contact +1 877 463 7678 or myfrost@frost.com.

About Jeff Cotrupe
Jeff Cotrupe is a Global Program Director at Stratecast | Frost & Sullivan, a global growth partnership company, where he conceived, designed, launched, and leads the firm’s Big Data & Analytics research and consulting practice. Cotrupe is a career product marketing manager and business development catalyst, with 15+ years’ experience leading growth initiatives across multiple products in Big Data, analytics, and business intelligence; communications software; and the Cloud. He has launched and managed 20 products and services, helping companies generate hundreds of millions of dollars in revenue, M&A, and capital. Cotrupe is also a CrossFit, speedwalking, and Relay For Life enthusiast; his MarketBLOG pagetop photo was shot 04/20/13 at RFL.


* The CFCA combats the problem of communications fraud; the industry group’s global membership consists of approximately 200 different telecommunications carriers, private network owners, law enforcement officers, communications end users, and others. The CFCA also works with other industry organizations including the TM Forum and The Forum for the International Irregular Network Access (FIINA) to combat communications fraud. The CFCA does not endorse any vendor or its products. Each company should do its own due diligence when selecting a fraud management solution.
** Inglourious Basterds (2009), Quentin Tarantino and Universal Pictures

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s