COS Systems, the developer of software for fiber network builders and operators, has shown years of strong growth. This resulted in the acquisition of the company that was recently announced. Today, COS also received the DI Gasell (Gazelle) prize and earns a spot on the list of Sweden’s fastest growing companies.  

Umeå, Sweden, October 15, 2020 – The leading Swedish business newspaper Dagens Industri has since year 2000 recognized the fastest growing companies in the country with their DI Gasell prize. This year COS Systems was one of the companies meeting the criteria to be awarded with this prestigious prize. This was announced at a ceremony held in COS System’s hometown Umeå. COS Systems was founded in 2011 and after an initial focus on product development the company has expanded rapidly during the last five years. Today the company has a strong base on the Swedish municipal Open Access network market, customers on multiple continents and a majority of their customers in the USA.

Less than one percent of Swedish companies meet the criteria to qualify for this prize. In short, the company needs to show a track record of multiple consecutive years of significant profitable growth. The idea of Gazelle companies was developed by American economist David Burch who introduced the concept in his 1987 book, Job Creation in America: How Our Smallest Companies Put the Most People to Work. He meant that small fast-growing companies, despite being few, accounted for the creation of 70 % of new jobs.

“We do have growth highest on our agenda and I’m proud that we have managed to more than double over turnover in the last years, while increasing our profits significantly. It feels amazing to receive this Gazelle prize, as a receipt on a job well done. Our plans for the future are of course continued growth with new customers and markets, but also a large number of new recruitments. After all, that is what is expected by a Gazelle company,” says Peter Lidstrom, CEO at COS Systems

About COS Systems

COS SYSTEMS is a leading provider of software to plan, deploy and operate modern broadband networks that support services from one or more providers, using a powerful yet simple self-service interface. Specializing in True Open Access Networks, COS Systems takes customer needs and delivers innovative software solutions that streamline operations, accelerate revenue, and deliver more satisfied subscribers. Learn more about COS Systems at www.cossystems.com

 

For additional information contact:

Peter Lidström
CEO
COS Systems
+ 46 70 656 58 72
peter.lidstrom@cossystems.com
www.cossystems.com

 

COS Systems, the provider of the leading software platforms COS Business Engine for operators of True Open Access Networks, and demand aggregation platform COS Service Zones, has been acquired by Pivot. The Sweden-based private equity firm steps in as new owner as the broadband industry is at a pivotal point in time, where communities are starting to invest in fiber infrastructure at an exponential pace.

New York, NY, October 5, 2020 – Having a strong foundation in the mature Swedish Open Access market and a global customer base, COS Systems is currently expanding rapidly in North America. With the ongoing Covid-19 pandemic still spreading across our world – changing the way we live, work, and learn, one thing has become clear to community leaders; Without access to high speed internet your community is vulnerable.

“The digital divide has been a known problem for a long time, but it took a crisis to put it on top of the agenda. Outside of the largest cities, residents and businesses are struggling to go on with their day-to-day lives, with outdated or non-existent infrastructure to connect to the internet. Now, community leaders are stepping up and taking their digital future in their own hands by investing, or finding partnerships to build high-speed fiber infrastructure,” says Isak Finer, CMO & VP North America at COS Systems.

This critical infrastructure has been proven to be as important to communities as roads, water and electricity and should therefore be treated as such. The True Open Access business model, supported by COS Systems since the company’s inception, is ideal for these infrastructure projects.

“With one entity owning the infrastructure and multiple service providers selling services on it, the subscriber can choose what suits their needs best, while competition between providers will drive the quality up, and price down. It is also a future-proof model since providers of not only internet, but any type of services such as tele-health, and smart services are free to use the infrastructure. Even small rural communities can become ‘smart’ as the capital-intensive network deployment, the largest entry hurdle for providers, has been removed,” explains Bjorn Wannman, Sales Manager at COS Systems.

“COS Systems’ has established a strong position in a market with enormous potential for growth. We are excited about the unique product offering of both demand aggregation and open access BSS/OSS platforms, paired with the turning point towards larger community investments in fiber optic infrastructure. The logical business model to choose for a community is True Open Access as it offers better revenue potential and allows a democratization of broad band services. We will ensure COS Systems has the resources to meet this increasing market demand,” says Niklas Hofverberg, partner at Pivot Partners.

COS Systems’ international expansion will be supported on the Board of Directors by Stefan Georgi as Chairman, who brings significant experience from the sector as an industrial and strategic advisor, and Mikael Philipsson as a member, who has previously been the CEO of IP-Only and has deep sector expertise.

“I am proud of what our great staff and original owners have accomplished this far. As the industry is now at a point of change and expansion never seen before, it is the perfect time to get new owners on board. Pivot Partners brings expertise and resources to build on our previous successes and take COS to the next level,” says Peter Lidstrom, CEO of COS Systems.

 

About COS Systems

COS SYSTEMS is a leading provider of software to plan, deploy and operate modern broadband networks that support services from one or more providers, using a powerful yet simple self-service interface. Specializing in True Open Access Networks, COS Systems takes customer needs and delivers innovative software solutions that streamline operations, accelerate revenue, and deliver more satisfied subscribers. Learn more about COS Systems at www.cossystems.com

 

About Pivot Partners

Pivot is a Swedish private equity-fund, investing in- and developing qualitative, high-potential companies in the Nordics, with a focus on development and growth initiatives. We invest capital and engagement – lots of engagement. We support our investments with experiences, processes and networks to instill new energy and capabilities to develop and capitalize on dormant opportunities through Innovation. We like local companies. The explanation is simple; Less Talk – more action. We believe in retaining the local footprint, whilst growing the business on a global scale – strengthening the region by creating job opportunities. For more information, visit www.pivot.se.

 

For additional information contact:

Isak Finer
CMO & VP North America
COS Systems
+1 (540) 988 3224
isak.finer@cossystems.com
www.cossystems.com

Niklas Hofverberg
Partner
Pivot Partners AB
+46 (70) 190 75 58
niklas@pivot.se
www.pivot.se
 

COS Systems is specializing in software to operate broadband networks open for multiple providers delivering services on a shared infrastructure. Nokia is a global leader in fixed and wireless networks and networking technologies for open network architectures, software defined networking and network slicing. After recent integration work the cooperation between the companies is now formalized as COS Systems becomes a Nokia Fixed Networks OSS Connected Partner.  

With new types of services emerging, such as telehealth, internet of things and smart services, it is becoming increasingly important to have a network open for multiple providers. Instead of building a proprietary network and trying to produce all the services current and future customers will need, it is attractive to provide a robust infrastructure and then open it up to multiple specialized providers on a wholesale basis.

“In 2014 when we established COS Systems in the United States Open Access was almost unheard of, but in just a few years this has changed dramatically. Especially municipalities are realizing that their best choice is not to become a provider of telecommunications services, but to ensure that this critical infrastructure is in place, just as with other utilities such as roads, water and electricity,” says Bjorn Wannman, Sales Manager at COS Systems.

With COS Systems heritage from Sweden, where their BSS/OSS platform COS Business Engine is used to operate more than a hundred municipal and utility fiber networks, this is not something new. For over a decade COS has enabled True Open Access Networks, where subscribers can access an online marketplace and choose freely between any type of services provided by many competing service providers. The competitive nature of the marketplace brings service innovation, increased quality, and lower prices. This is also where the partnership with Nokia comes into play. For a network deployed using Nokia Fixed Access equipment COS will be able to fully automate the subscribers’ interaction with the marketplace. As subscribers are managing their services on the marketplace, COS Business Engine will instruct Nokia’s management and control platform to instantly perform desired changes in the network.

“With the tools to simplify business and network operations, COS Systems is able to uniquely meet operator needs for network automation. With this cooperation, operators – regardless of whether they are new or existing players in the market – can easily automate the delivery of high-speed broadband services to their residential and enterprise customers. ” says Bassam El-Zakhem, Vice President, Fixed Networks Americas at Nokia.

“We’re excited to be part of Nokia’s OSS Connected Partner Program. They share our visions about open networks and what we see today is just the beginnings of what will come. Working together with a global leader such as Nokia on current and emerging Software Defined Networking and network slicing technology is thrilling. Network owners and operators working with us will know they are choosing an open and future proof solution,” says Isak Finer, CMO and VP North America at COS Systems.

“COS Systems has unique understanding and experience in the open type of networks that are becoming increasingly important. By combining the Nokia AMS and Altiplano management and control platforms with the COS Business Engine, operators can more effectively keep up with rapidly changing customer demands. We’re happy to welcome COS Systems as OSS Connected Partners,” says Bassam El-Zakhem, Vice President, Fixed Networks Americas at Nokia.

About COS Systems
COS SYSTEMS is a leading provider of software to plan, deploy and manage True Open Access fiber networks, using a powerful yet simple self-service interface. COS Systems takes customer needs and delivers innovative software solutions that streamline operations, accelerate revenue and deliver more satisfied subscribers. Learn more about COS Systems on www.cossystems.com.

For additional information contact:

Isak Finer
CMO & VP North America
COS Systems
+1 (540) 988 3224
isak.finer@cossystems.com
www.cossystems.com

Broadband Breakfast will host a live online event at 12 noon this coming Wednesday, June 3rd, with the title “Last-Mile Digital Infrastructure”. Experts, including COS Systems CMO & VP North America Isak Finer and UTOPIA CEO Roger Timmerman, will discuss the Open Access model as an ownership and operations model.

Visit Broadband breakfast’s website to learn more and find instructions on how to join the online event. You will also find a link to the recent article where COS was featured as leaders in bringing True Open Access networks to USA. COS Systems Brings Swedish Knack for Tech to Open Access Networks, Hopes for Spacious Skies on American Plains.

The June 3rd online event serves as a preview to the pre-conference hosted by Broadband Breakfast at the Broadband Communities Summit in Houston, Texas, on August 10-13.

Jessica

We are happy to Welcome Jessica Thorfve to COS Systems. Jessica will be working as a Key Account Manager supporting our growing customer base. We’re all extremely excited to have Jessica joining us – you can’t find many people with the experience and expertise within Open Access that she brings.

Jessica last comes from one of Sweden’s largest Service Providers, A3, which is the brand under which the merged Service Providers Alltele and T3 now operates. When Jessica started at T3 in 2011, it was still a relatively small player, with under 20 000 broadband customers. During the coming five years until the acquisition by Alltele, the company had an incredible growth. During this time Jessica, who started her “while figuring out what to do next” job as a customer support rep, quickly advanced to team manager for customer support, to marketing, managing the content on the company’s web, and other related tasks.

In 2016 she became manager for the residential side of the business and in charge of the commercial relationships with the operators of the 100+ open access community networks T3 was delivering services on. After the merger of T3 and Alltele she got an even larger responsibility as manager for the entire community network broadband business unit, now adding up to almost 200 000 subscribers on close to 160 networks.

While our COS Business Engine customers are the owners and operators of the open access networks, some of the most frequent users are often the service providers. They are themselves publishing their services on the Marketplaces, creating and launching promotional campaigns, etc. The expertise Jessica is bringing about the Service Providers’ role in the Open Access business model will be extremely valuable. We are also sure, not only us, but especially our customers who Jessica will be working with on a daily basis will very much appreciate her positive attitude and consistent drive to make things work even better.

 

Our world is at this moment struggling with the health issues and the rapid economic downturn following the Covid-19 pandemic. While measures taken by governments differ somewhat between countries, one thing is clear. As people are trying to care for themselves and others by social distancing this means more time is spent at home. Especially in countries where authorities have ordered their residents to stay at home, there is no choice but to work and study using online tools. Never in history has the need for reliable internet connections been more evident.

Overnight, what we at COS together with our partners in the industry have been trying to explain has become gravely obvious; High capacity Internet is not a luxury to be used by the privileged for pleasure – it’s critical infrastructure as important as road, electricity and water systems. Never has the divide between the haves and have nots been larger.

As a provider of software to the broadband industry, with systems used to manage the daily operations of the networks we are relying so heavily on now, we find ourselves being part of the solution people turn to. We want to ensure our customers that we are committed to continue our work as usual during this crisis. We follow the guidelines set forth by the authorities and while working from home we will still deliver the same high level of customer support as always. While we aren’t doing physical meetings and minimize travels at this time, all functions of the company are fully operational. Please don’t hesitate to reach out if you have any questions, concerns or interest in our products.

For general inquieries: sales@cossystems.com
For product support: support@cossystems.com
 
 

Umeå Energi har med en hög utbyggnadstakt kraftigt expanderat sitt stadsnät i Umeåregionen. Med ett allt större fibernät, fler aktiva kunder och ny teknik som introduceras så har Umeå Energi valt att förnya avtalet med COS Systems för deras fortsatta användande av COS Business Engine som operatörsplattform för driften av nätet.

Det kommunalägda energibolaget Umeå Energi var väldigt tidigt ute med fiber och utbyggnaden av stadsnätet Umenet påbörjades redan under 90-talet. På senare år har utbyggnadstakten varit fortsatt hög och även antalet kunder i sedan tidigare utbyggda områden som nu valt att ansluta sig har vuxit kraftigt i takt med att behovet av bredbands­uppkoppling av hög kvalitet blir en allt mer central del av svenskarnas vardag. Äldre tekniker för att leverera Internet blir allt mer utdaterade.

Umenet har sedan 2012 använt mjukvaran COS Business Engine. Systemet omfattar allt från kundportalen där kunderna kan välja tjänster från 15 olika leverantörer, till de administrativa och tekniska funktionerna som automatiserar allt från aktivering av bredbandstjänster och fakturering av leverantörerna.  

“Med den kundtillväxt vi sett de senaste åren och med introduktionen av nya tjänster i nätet och användningsområden för vår fiberinfrastruktur var det läge att omarbeta vårt avtal med COS Systems. Med detta uppdaterade avtal på plats är vi redo för fortsatt framtida tillväxt med stöd av COS och deras effektiva driftsplattform,” säger Mats Berggren, VD på Umeå Energi Umenet.

Bland mycket annat så arbetar Umeå Energi med ett mycket intressant projekt där Sveriges första 5G-nät utvecklas i samarbete med Ericsson, Telia, Umeå Universitet, Umeå Kommun, Umeå Science Park samt andra lokala aktörer. Ett ytterligare innovativt initiativ är Smart Start, vilken är en pilot på Smarta-hem- och IoT-tjänster (Internet of Things), som kan levereras över deras öppna stadsnät.

”Det uppdaterade avtalet med Umeå Energi är viktigt för oss. Vi ser det som bevis för att vårt system inte bara skapar förutsättningar för en snabb kundtillväxt, utan även är en effektiv plattform för framtida expansion. Umeå Energi är en innovativ och framtidsinriktad kund och vårt fortsatta samarbete kommer bidra till att våra produkter utvecklas för att än bättre möta de krav som framtidens tekniska lösningar ställer”, säger Peter Lidström, VD på COS Systems.

Om Umeå Energi

Umeå Energi är ett energibolag och en samhällsaktör som i nära samarbete med omvärlden utvecklar och levererar hållbara energi- och kommunikationslösningar. Vår vision är en enklare vardag för våra kunder och en hållbar framtid för regionen. Vi omsätter ca 1,4 miljarder kronor, har drygt 400 medarbetare och är både miljö- och arbetsmiljöcertifierade.

Om COS Systems

COS Systems är en globalt verksam leverantör av mjukvara för att planera, bygga ut och sköta driften av moderna bredbandsnät. COS Systems utgår från kundbehov och utvecklar innovativa mjukvarulösningar som effektiviserar den dagliga driften, bidrar till ökad försäljning och nöjdare kunder. COS Systems expanderar ständigt och har hittills sina kunder i Europa, Nord- och Sydamerika, Afrika och Asien. Läs mer om COS Systems på www.cossystems.com

För ytterligare information, kontakta:

Mats Berggren
VD, Umea Energi Umenet AB
070 – 518 71 28
Mats.berggren@umeaenergi.se
www.umeaenergi.se

Peter Lidström
VD, COS Systems AB
070 – 656 58 72
Peter.lidstrom@cossystems.com
www.cossystems.com

The Electric Utility Umea Energi has expanded their fiber network significantly during the last years. With a larger footprint and new technologies emerging they have chosen to renew their contract with COS Systems for their continuous use of COS Business Engine for efficient operations and automated service activations of their Open Access fiber network.  

[Umea, Sweden] Umea Energi is a municipally owned electric utility in the University town of Umea, Sweden. It first started building out the fiber optic network in the 90’s, but has increased the pace in their build-out in the last five years, while the take-rates have also improved greatly as consumers need for reliable high-speed data increases. Older technologies to connect to the internet are becoming obsolete.

The Utility has been using COS Business Engine as their BSS/OSS (Business and Operations Support System) since 2012. The system consists of everything from the online Marketplace where subscribers can choose services from 15 different service providers to the administrative backend system that automates everything from service activation to wholesale billing.

“With the growth we have seen in the last years and the new applications we are now introducing in our network we needed to rework our original agreement with COS. With this updated agreement in place we are ready for the future of our network with the support of COS Systems and their highly efficient operations platform,” says Mats Berggren, CEO of Umea Energi Umenet.

Umeå Energi is currently working on Sweden’s first 5G deployment in cooperation with Ericsson, Telia, Umea University and other municipal entities. They are also doing a pilot project called Smart Start, which is a platform for delivery of smart home services to residents.

“This updated agreement with Umea Energi is important for us at COS. We have proven that our system enables and supports network growth and that it will also be the platform to effectively operate Open Access Networks in the future. Umea Energi is an innovative and forward thinking customer and our ongoing cooperation will be valuable for the continuous development of our products,” says COS Systems CEO Peter Lidstrom.

About Umeå Energi

Umeå Energi is an energy company that in close cooperation with the world around us develops and provides sustainable solutions for energy and communication services. We strive to challenge through new thinking and to drive the sustainable development in the Umeå region. Our vision is to make everyday life simpler for our customers and to secure a sustainable future for the region. Our turnover is approximately SEK 1.4 billion, we have just over 400 employees and hold environmental as well as work environment certifications. umeaenergi.se

About COS Systems

COS SYSTEMS is a leading provider of software to plan, deploy and manage Open Access networks, using a powerful yet simple self-service interface. COS Systems takes customer needs and delivers innovative software solutions that streamline operations, accelerate revenue and deliver more satisfied subscribers. Learn more about COS Systems on www.cossystems.com.

For additional information contact:

Mats Berggren
CEO
Umea Energi Umenet AB
Mats.berggren@umeaenergi.se
www.umeaenergi.se

Isak Finer
CMO & VP North America
COS Systems
isak.finer@cossystems.com
www.cossystems.com

COS Systems is ramping up after summer and we are happy to have strengthened the team with two more rock stars.

Boris Ruiz started in our Product Development team in August. He is a Swedish-American born in Florida, moving in between Miami and Puerto Rico. From an early age he developed an interest in software, working on hobby projects in his free time such as apps, games, & websites. Being an adventurous person by nature and not afraid to try and learn new things, he recently decided to move to Sweden to see how life is like here. At COS we were lucky to snatch this amazing developer before any of the other IT companies in our city did. Boris is currently mainly working on improvements to our COS Service Zones product. With our focus on the US market it’s an obvious plus his native tongue is English, but we are worried he will soon forget it based on the speed at which he is picking up Swedish!

Simon Fransson has just done his first week on our QA team. Simon is from outside of Umeå but now has walking distance to our office – we’re all jealous. The last three years Simon spent at A3, which is one of Sweden’s largest service providers, active on more than 150 Open Access networks nationwide. Since most of these networks are operated using our COS Business Engine platform he already knows the ins and outs of it. It’s a great resource to have him on the team with the service provider perspective he brings when testing our products making sure they meet our ambitious quality standards. When Simon is not working or at the gym there’s a great chance he is gaming, something he’s been doing almost before he could walk. You do not want to meet this guy online in Counter Strike!

We’re excited to have them on our team and know they will both contribute greatly to our customers’ success.

COS Systems Strengthens US Presence

After many successful years of growth in the US market COS Systems strengthens their presence further by appointing Isak Finer as Vice President for their North American business.

[Blacksburg, VA] COS Systems began its expansion into the US Market six years ago. Since then, more than one hundred North American clients have signed up to the two software platforms COS Service Zones and COS Business Engine. With increasing demand for their products and the growing interest among US communities to build True Open Access networks COS has decided to appoint Isak Finer, the company’s CMO, as Vice President of North America. Finer is now permanently based in Blacksburg, Virginia.

“Breaking into a new market is a big undertaking, especially a market as large and competitive as the United States. With the recent years’ successes and our strong financial performance, we feel it is time to take the next step and start building a team permanently based in the United States,” says Peter Lidstrom, COS Systems CEO.

With large projects on the horizon the timing is now right to invest in a stronger local presence and an organization dedicated to the United States.

“I am very happy about the move to the States. Being closer to our clients and partners makes it easier for us to deliver our very best. I look forward to continue building on existing relationships and adding more companies to our family of fantastic customers,” says Isak Finer, COS Systems CMO and VP North America.

“It is a milestone in the company’s history to appoint a US based Vice President and a receipt of the increasing success we have seen. We are now positioned to take on more customers and larger projects,” concludes Goran Bergling, Charmain of the Board at COS.

About COS Systems

COS SYSTEMS is a leading provider of software to plan, deploy and manage Open Access networks, using a powerful yet simple self-service interface. COS Systems takes customer needs and delivers innovative software solutions that streamline operations, accelerate revenue and deliver more satisfied subscribers. Learn more about COS Systems at www.cossystems.com.

For additional information contact:

Isak Finér
CMO & VP North America
COS Systems
+1 (540) 988-3224
isak.finer@cossystems.com
www.cossystems.com