Marand

What Marand does

Marand d.o.o. is a privately held Slovenian software company headquartered in Ljubljana that develops cloud-native Business Support System (BSS) components for Communication Service Providers (CSPs) and other enterprises. Its product portfolio centers on five core modules — Unified Product Catalog (UPC), 360 Customer / Inventory (CIM), Configure-Price-Quote (CPQ), a telecom-specific CRM, and Multiservice Enterprise Billing (MEB) — supplemented by an AI module for churn prediction and recommendations and a custom software solutions professional services line. The platform is built on Java (Hibernate, Spring Boot) microservices with TypeScript/Angular/Vue front-ends, runs against Oracle, IBM DB/2, PostgreSQL, and Infinispan data stores, and is containerized via Docker and Kubernetes; products implement TM Forum Open APIs (including TMF-629, TMF-637, TMF-760) and are certified to the TM Forum Open Digital Architecture (ODA), with the company ranked 9th worldwide in achieving 'Ready for ODA' status in March 2024. Marand sells directly to enterprise customers on multi-year contracts via a field-sales motion, monetizing through software product subscriptions/licenses alongside implementation and consulting services, with a stated product-mix shift toward ODA-based components from 60% of 2023 revenue to a projected 80% by end of 2025. The customer base is anchored in telecommunications (Orange, Telecom Slovenije) but extends to finance & insurance, energy & utilities, logistics & transportation, and retail using the same underlying platform.

Name

Marand

Legal name

Marand d.o.o.

Website

https://marand.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

101–250 employees

Short description

Marand is a Slovenian software company that builds cloud-native, TM Forum ODA-compliant BSS components — product catalog, customer inventory, CPQ, CRM, and billing — for communication service providers and enterprises in finance, insurance, energy, logistics, and retail.

Ownership category

akta.pro rank

Product category

Telecom BSS Software

NAICS

Software Publishers (5132), Custom Computer Programming Services (541511)

SIC

Services-Computer Programming Services (7371), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Process & Case Management Low-Code Platforms (HDAEAKAE)

Keywords

• Telecom BSS software
• Product catalog management
• Enterprise billing platform
• Customer inventory systems
• Telecom CRM software

Headquarters

HQ city

Ljubljana

HQ country

Slovenia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

1. Software Product Licenses/Subscriptions: Sale of proprietary BSS software products including UPC, 360 Customer/Inventory, CPQ, CRM, and MEB. Products are offered as cloud-native, configurable off-shelf solutions compliant with TM Forum ODA standards.
2. Custom Software Development & Professional Services: Professional services including system analysis, software architecture design, integration, process consulting, and custom development. Agile methodology with Java, Oracle, Scrum, and Prince2 certified professionals.
3. Implementation & Consulting Services: Digital transformation consulting and implementation services for BSS modernization projects, particularly for CSPs adopting ODA architecture.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Marand develops and sells cloud-native Business Support Systems (BSS) software for Communication Service Providers and other enterprises. Its product portfolio comprises the Unified Product Catalog (UPC), 360 Customer/Inventory (CIM), Configure-Price-Quote (CPQ), CRM, and Multiservice Enterprise Billing (MEB), together with AI modules for churn prediction and recommendations. The company also delivers custom software development and professional services for digital BSS transformation projects.

Product overview

Marand offers a platform-plus-modules architecture for communication service providers, consisting of: Unified Product Catalog (UPC) as the master data management foundation; 360 Customer/Inventory (CIM) for customer and subscription management; Configure Price Quote (CPQ) for sales configuration and quoting; Customer Relationship Management (CRM) for customer engagement; Multiservice Enterprise Billing (MEB) for rating, charging, and invoicing; Artificial Intelligence (AI) modules for churn prediction and recommendations; and Custom Software Solutions for specialized development needs. All core products implement TM Forum Open API standards and TMF Information Framework (SID) model, with cloud-native microservices architecture. Products serve telecommunications, finance, insurance, retail, logistics, and energy/utilities verticals.

Differentiator

Problem solved

Functional benefit

Products and services

• Unified Product Catalog (UPC) Master data management system for enterprise service, product, offering, and price data. Serves as a single point of truth enabling a catalog-driven approach to IT systems development across telecommunications, finance, insurance, retail, transport, logistics, energy, and utilities verticals.
• 360 Customer / Inventory (CIM) Customer and product inventory management system designed for communications service providers. Provides a single point of truth for customer data, billing account data, and subscription data, supporting fulfillment, assurance, and billing processes for traditional telecom, 5G, cloud-based ICT services, and ecosystem partner offerings.
• Configure Price Quote (CPQ) Flexible, scalable, and extensible pricing and ordering system that enables communication service providers to manage complex product offerings, eliminate quote errors, generate quotes instantly, and centralize quoting business logic across sales channels.
• Customer Relationship Management (CRM) Modular CRM solution providing comprehensive insight and administration of customers and purchased services. Designed as a central administrative application with close integration to product catalog and billing, including modules for partners, contacts, product inventory, and ordering.
• Multiservice Enterprise Billing (MEB) Billing platform for collecting and processing usage data with accurate and secure billing. Originally created for telecommunications but extensible to trade, finance, insurance, logistics, and energy/utilities industries; supports prepaid and postpaid models.
• Artificial Intelligence (AI) for BSS Portfolio of AI/ML systems including churn prediction (analyzing customer characteristics to forecast churn probability), a recommendation engine (producing tailored product/service selections based on behavior and purchasing patterns), and marketing activity execution (preparing customer sets and proposing products and communication approaches).
• Custom Software Solutions Professional services including system analysis, software architecture design, software integration, process consulting and optimization, and custom software development. Delivered using agile methodology by Java, Oracle, Scrum, and Prince2 certified professionals.

Quantifiable outcome

• 60% of 2023 revenue from ODA-based components, projected to grow to 80% by 2025
• +2 more outcomes

Named customers2 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature6 records

Partnerships

Four partnerships are on record, tiered core.

• OrangecoreStrategic or Co-development Partner · 1 September 2023Collaborative development of TM Forum Product Configuration API (TMF-760) as one of the first Gen5 Open APIs. Orange and Marand Software presented the collaborative API work at DTW 2023 in Copenhagen, demonstrating industry leadership in ODA-compliant BSS components.
• AmdocscoreStrategic or Co-development PartnerCollaborative development of TM Forum Product Configuration API (TMF-760) alongside Orange and Marand. Three companies implemented their own versions of the API and created a unified API specification made available through TM Forum's Open API initiative.
• AlvatrosscoreStrategic or Co-development PartnerPartnership agreement between two Ready for ODA companies to ensure product compatibility with each other and with ODA standards. Both companies are among the few globally to have achieved Ready for ODA status.
• TM ForumcoreTechnology or IntegrationGold certified member of TM Forum with products conforming to Open Digital Architecture (ODA) standards and Open API specifications. Active participation in ODA ecosystem and API development initiatives.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Cerillion: London-listed vendor of end-to-end BSS/OSS suites (catalog, CRM, billing) for CSPs and utilities, with a comparable modular, configurable product philosophy and similar mid-sized customer footprint to Marand.
• Optiva: Toronto-headquartered BSS/charging specialist selling convergent billing, CRM, and product catalog solutions to CSPs globally—directly overlapping Marand's MEB, CRM, and UPC offerings.
• Netcracker Technology: NEC subsidiary and dedicated BSS/OSS digital transformation provider for tier-1 telecoms worldwide, competing head-to-head for the same ODA-aligned, cloud-native BSS modernization deals Marand targets.
• Comarch: Polish-headquartered software vendor with a comparable telecom BSS portfolio (catalog, OSS, CRM, billing) plus adjacent verticals, serving CSPs and enterprises across EMEA in direct competition with Marand.
• Hansen Technologies: Australian-headquartered billing and customer care software provider to telecoms, energy, and utilities—directly comparable in vertical mix and product scope to Marand's MEB and CIM offerings.

Broad incumbents

• Amdocs: Global market-leading telecom BSS/OSS vendor and Marand's named co-development partner on the TMF-760 Gen5 API; dominates tier-1 CSP RFPs but typically competes against Marand at the component level.
• CSG International: Large US-listed vendor of BSS, billing, and customer engagement solutions for CSPs and adjacent verticals; competes in the same CPQ/billing/catalog niche with a much broader global installed base.
• Oracle Communications: Hyperscaler-scale BSS/OSS suite provider leveraging the broader Oracle stack; competes with Marand for enterprise billing and catalog modernization, especially within telecom operators standardizing on Oracle databases.
• Ericsson: Telecom incumbent with a full BSS/OSS portfolio (including acquired Ericpol expertise) and global delivery footprint; competes for the same CSP digital transformation programs, though typically in larger tier-1 engagements.
• Nokia: Telecom vendor offering BSS, charging, and analytics solutions as part of its broader network and services portfolio; addresses the same CSP modernization RFPs that Marand pursues, particularly in EMEA.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/marand

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Marand