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Press Release: Squirro and Recenso Services Announce Strategic Partnership to Transform the Telecom Industry with GenAI-Powered Insights


Zurich, October 23, 2024

Squirro, a global leader in AI-driven insights and analytics, and Recenso Services, a telecom consultancy specializing in program management, are thrilled to announce a strategic partnership aimed at delivering enterprise-ready Generative AI solutions to the telecommunications sector. This partnership combines Recenso’s consulting and delivery expertise with Squirro’s enterprise-ready Generative AI technology to empower telecom enterprises with actionable insights, process automation, and enhanced operational efficiency.

Unlocking New Possibilities for Telecom Enterprises

Telecoms face a unique set of challenges, from optimizing network investments to improving customer acquisition and service innovation. The Squirro-Recenso partnership addresses these challenges by merging Squirro’s GenAI platform, known for its Service Insights, Risk Insights, and Knowledge Graph capabilities, with Recenso’s deep industry knowledge and hands-on consultancy and implementation approach.

Through this collaboration, telecom companies can benefit from streamlined workflows, faster decision-making, and reduced operational costs. For instance, Squirro’s Knowledge Graph technology has already enabled significant operational improvements in the telecom sector, reducing mean-time to initial resolution by up to 92% through automated ticket workflows. Together, Squirro and Recenso aim to bring similar transformative benefits to a wider range of telecom enterprises.

Dr. Dorian Selz, CEO of Squirro, shared his excitement about the partnership, saying “We are excited to partner with Recenso Services to deliver GenAI solutions that meet the specific needs of the telecom industry. By combining our AI technology with Recenso’s industry expertise, we can unlock new levels of efficiency and provide companies with the insights they need to optimize operations and drive ROI.”

Alberto Bellofatto, CEO of Recenso Services, echoed Dr. Dorian Selz's sentiment, adding that “We are thrilled to announce our partnership with Squirro, which wholly aligns with our mission to help enterprises deliver successful programmes faster. Combining our industry expertise and agile approach with Squirro’s AI technology, will help us to deliver innovative solutions that drive greater return on investment for enterprises across the telecommunications sector.”

Key Benefits of the Partnership

  • Insight-Driven Decisions: Access to actionable insights via Squirro’s AI and analytics, enabling faster and more accurate decision-making.

  • Efficiency Gains: Shorter resolution times and streamlined operations through AI-powered workflows.

  • End-to-End AI Integration: Recenso’s hands-on consulting ensures smooth implementation of AI, backed by Squirro’s enterprise ready generative AI technology.

  • Proven ROI: Squirro and Recenso Services both have a proven history of delivering successful projects faster that drive significant operational efficiencies, such as reduced costs and improved processes. In the telecom sector, this includes a 92% reduction in mean-time to resolution, showcasing their ability to deliver measurable ROI and enhance performance.


About Squirro

Squirro is the leading enterprise ready generative AI solution for search, insights and automation. Squirro empowers organizations across the globe to transform enterprise data into knowledge, insights and recommendations. Squirro has a track record of more than ten years in marrying AI, machine learning, predictive analytics, generative AI, and symbolic AI-like knowledge graphs, together. Founded in 2012, Squirro is a fast-growing company with dedicated teams in Switzerland, the United States, the UK, and Singapore. Our customers include the European Central Bank, the Bank of England, Standard Chartered Bank, Oversea-Chinese Banking Corporation, Henkel, Armacell, Library of Congress and Indicia Worldwide.

About Recenso Services

At Recenso Services our sole mission is to help enterprises deliver successful programmes faster. Our people have practical experience and unique insights in delivering complex and difficult programmes across a range of sectors, including telecommunications, media and banking. We anticipate and address potential issues and bottlenecks to improve programme delivery success; helping enterprises achieve their transformation goals faster and cost efficiently.

For more information, visit: www.squirro.com | Recenso Services