- CEO
- Monica Iancu
- Full Time Employees
- 139
- Sector
- Technology
- Industry
- Software - Application
- Address
- 2 HaCarmel Street Yokneam Illit HA Israel 2066724
- IPO Date
- Aug 8, 2000
- Business
- MIND C.T.I. Ltd develops, manufactures, markets, and implements convergent real-time and offline billing and customer care software solutions primarily for telecommunications service providers globally. Its core products include the Azzurro Convergent Charging and Billing platform, customer care and service provisioning applications, call accounting and unified communications (UC) analytics solutions, messaging platforms, and professional services such as consulting, implementation, support, and managed billing services. The company serves a broad customer base including wireless, wireline, cable, IP, LTE, 5G carriers, and mobile virtual network operators across the Americas, Europe, Israel, Asia Pacific, and Africa. Founded in 1995 and headquartered in Israel, MIND C.T.I. operates offices in Israel, Romania, Germany, and the United States.
Recent major developments include the acquisition of Aurenz GmbH, a German UC analytics and call accounting solutions provider, for approximately $1.88 million in cash, completed in early 2025. This strategic acquisition expands MIND C.T.I.'s UC analytics capabilities and strengthens its presence in the European market, expected to be accretive to earnings starting fiscal 2025. Additionally, the company has initiated a share repurchase program authorized by its Board that replaces its prior annual dividend policy. MIND C.T.I. continues to enhance its product portfolio with new offerings for 5G and IoT technologies, including a SIM OTA provisioning platform and MVNE platform enhancements, alongside maintaining a strong financial position with multiple follow-on orders and customer infrastructure upgrades.
MIND C.T.I. targets telecommunications operators and enterprises through its convergent billing solutions supporting prepaid, postpaid, and pay-in-advance models on a single platform, enabling service delivery for voice, data, video, and content services. Its professional services complement the software products by offering turnkey project delivery, customization, integration, and ongoing support. The company's comprehensive solutions also include workflow engines for business processes such as subscriber registration, order management, and debt collection, along with point-of-sale solutions for dealer and store management. With over 25 years of market experience, MIND C.T.I. maintains a strategic focus on product innovation, global market expansion, and strategic partnerships to bolster operational efficiency and customer satisfaction.