About Evolving Systems
Evolving Systems is a publicly listed company based in Englewood (United States) founded in 1985, and was acquired by PartnerOne in January 2022. Mobile services are activated, enabled, and managed for users. It operates on a SaaS (Software-as-a-Service) and Professional Services model. The company has 336 employees. Evolving Systems has completed 5 acquisitions, including Business Logic Systems, Lumata and Sixth Sense Media. Its website evolving.com draws about 19 thousand monthly visits. Its Indian entity Evolving Systems Networks India Private Limited reported revenue of ₹49.12 Cr. Evolving Systems offers products and services including Dynamic SIM Allocation, Tertio Service Activation, Total Number Management, Evolution Loyalty, and Evolution Marketplace. Its focus areas include Telecom Software and Customer Value Management. Its competitors include Matrixx, Rev.io and Procera Networks; 2 of its 3 listed competitors have raised funding.
Company details
Evolving Systems is focused on delivering advanced software solutions for the telecommunications industry. The company is involved in automating SIM and number management, service activation, and customer value management. Solutions are provided to telecom operators globally, ranging from Tier-1 to boutique carriers. Sectors served include mobile telecommunications across emerging and developed markets. Key offerings include Dynamic SIM Allocation, Tertio Service Activation, and Evolution Marketplace, aimed at enhancing operational efficiency and unlocking new revenue streams. AI-driven decisioning is integrated to enrich customer experiences and improve engagement. The company is recognized for supporting over 100 carriers and impacting over 1 billion consumers annually.
- Headquarters Englewood, United States
- Employees 336
- Stage Public
- SectorsTelecommunications
- Website evolving.com
- Social LinkedIn X Facebook Instagram
- Acquired by PartnerOne (Jan 2022)
- Legal Name Evolving Systems Lumata Ltd.
- Date of Incorporation 03 Feb, 2004
- Jurisdiction Bangalore, Karnataka, India
- Indian entity revenue₹49.12 Cr
FY 2026 · +8% YoY
- Indian entity net profit₹4.75 Cr
FY 2026 · 10% margin
- Indian entity EBITDA₹6.95 Cr
FY 2026 · 15% margin
- Investors
- Employee Count336
- Investments & AcquisitionsBusiness Logic Systems
& 4 more
- Acquired byPartnerOne
(Jan 2022)
Associated legal entities of Evolving Systems
Evolving Systems operates through Evolving Systems Networks India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Evolving Systems Networks India Private Limited CIN U72300KA2004PTC033291 | Active | 03 Feb 2004 | Bangalore, Karnataka | ₹49.1 Cr | 168 | 4 | View details |
Products & Services of Evolving Systems
Evolving Systems offers a comprehensive portfolio of products and services, including Dynamic SIM Allocation, Tertio Service Activation, Total Number Management, Evolution Loyalty, and Evolution Marketplace.
SIM allocation is automated for telecom operator efficiency.
Service activation is transformed into strategic growth engine.
Number inventory is managed to unlock new revenue.
Loyalty solutions are customized for telecom operator brands.
Campaign management is streamlined for operators and merchants.
Investors in Evolving Systems
Evolving Systems has secured backing from 1 investor. Prominent investors backing the company include PartnerOne.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Enterprise software solutions are provided by PartnerOne for global organizations. | partnerone.com |
Investor details for Evolving Systems
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Board of directors of Evolving Systems Networks India Private Limited (Evolving Systems)
Evolving Systems Networks India Private Limited is the primary company behind Evolving Systems. The board of Evolving Systems Networks India Private Limited currently have 4 directors; the longest-serving is Karl William Gilbank, appointed in 2022. 21 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Karl William Gilbank DIN 09465950 | Director | 13 Jan 2022 | 4 yrs 9 mo | Evolving Systems Networks India Private Limited |
| Anjali Devarajan DIN 09542113 | Director | 24 Mar 2022 | 4 yrs 7 mo | Evolving Systems Networks India Private Limited |
| Takhellambam Chandrasekhar Singh DIN 09815519 | Director | 07 Dec 2022 | 3 yrs 11 mo | Evolving Systems Networks India Private Limited |
| Neha Ashwin Bhatia DIN 11126302 | Additional Director | 05 Jun 2025 | 1 yr 5 mo | Evolving Systems Networks India Private Limited |
People of Evolving Systems
79 people are tracked at Evolving Systems (18 in leadership, 3 in board & advisors, 58 in team); the tracked headcount is 336.
| Name | Role | Group |
|---|---|---|
Mrityunjay Kumar | Program/account Director - Asia Pacific | Leadership |
Joseph Eid | Head Of Strategic Business Development | Leadership |
Steve North | VP Sales Europe And Americas | Leadership |
Sachin Maharaj | VP Sales - Sub-saharan Africa And South Asia | Leadership |
Monica Valero | VP - Hosted Systems And Service Assurance | Leadership |
Takhellabam Chandrasekhar Singh | VP Project Management | Leadership |
Shiela I. | Business Development Director - APAC - Europe | Leadership |
Someswar Bhattacharjee | Director – Support & Managed Services | Leadership |
David Thorn | Chief Architect | Leadership |
Ruben Castillo Martinez | Latam Sales Director | Leadership |
Umasankar Natarajan | Director Project Management | Leadership |
Andrew Coyles | Chief Revenue Officer (cro) | Leadership |
Eric Hatton | Chief Executive Officer | Leadership |
Michael Lu | Director Of Software Applications | Leadership |
Abhinay Kumar | Vice President Of Product Development | Leadership |
Deepanjan Banerjee | Director CVML Devops | Leadership |
Gary Moyler | Chief Operating Officer At Evolving Systems | Leadership |
Maqsood Pasha | Director Of Information Technology | Leadership |
David J. Nicol | Board Member | Board & advisors |
David S. Oros | Board Member | Board & advisors |
59 more people are available in the full profile.
Complete people profiles for Evolving Systems
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Financials of Evolving Systems
Figures of Evolving Systems Networks India Private Limited, the primary company behind Evolving Systems, for FY 2026. Revenue was ₹49.12 Cr (+8% year on year). Net profit was ₹4.75 Cr (10% margin). EBITDA was ₹6.95 Cr (15% margin). Revenue has grown at a compounded annual rate of +5% over three years and +4% over five years.
- ₹49.12 CrRevenue · FY 2026 · +8% YoY
- ₹4.75 CrNet profit · 10% margin
- ₹6.95 CrEBITDA · 15% margin
- ₹37 LakhPaid-up capital
- 168Employees (provident fund records)
- +5%Revenue CAGR, 3 years
- +4%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Evolving Systems Networks India Private Limited are on its company page.
Detailed financial statements for Evolving Systems
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Investments & Acquisitions by Evolving Systems
Evolving Systems has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Business Logic Systems, Lumata and Sixth Sense Media.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Real-time customer lifecycle management, advertising and data monetisation software and services. | lumata.com | London, United Kingdom | 2011 | Aug 2017 | •••• | |
Provider of mobile telecommunications and customer value management services | businesslogicsystems.com | Newbury, United Kingdom | 1998 | Jul 2017 | •••• | |
Mobile marketing platform | sixthsensemedia.com | Wilmington, United States | 1999 | Sep 2015 | $10M | |
Telespree is engaged in providing mobile service solutions for carriers and operators. | telespree.com | San Francisco, United States | 1999 | Oct 2013 | •••• | |
OSS solutions provider | telco-tertio.com | London, United Kingdom | 1989 | Nov 2004 | $40.7M |
Complete acquisition details for Evolving Systems
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Timeline of Evolving Systems
7 dated milestones of Evolving Systems across 37 years, from founding to its latest funding, stage changes and deals.
- Founded Evolving Systems is founded.
- Acquisition Acquires Tertio Telecoms.
- Acquisition Acquires Telespree.
- Acquisition Acquires Sixth Sense Media.
- Acquisition Acquires Business Logic Systems.
- Acquisition Acquires Lumata.
- Exit Acquired by PartnerOne.
Competitors of Evolving Systems
Evolving Systems has 3 listed competitors in our database, 2 of them funded. They include Matrixx, Rev.io and Procera Networks.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| matrixx.com | 2008 | Mountain View, United States | $119.06M | 122 | Billing and charging solutions are provided for telecommunications operators. | |
| rev.io | 2002 | Atlanta, United States | 118 | Cloud-based Billing and CRM solutions provider | ||
| proceranetworks.com | 2001 | Fremont, United States | $46.38M | 69 | Subscriber experience assurance solutions provider |
Detailed competitors of Evolving Systems
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Web traffic of Evolving Systems
The website of Evolving Systems (evolving.com) receives about 19.1K visits a month.
- Monthly visits19.1K
▲ 52% vs previous month
Websites whose visitors overlap most with Evolving Systems. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| netiq.com | 100% | 122K | #334,610 | View details | |
activeplus.com | activeplus.com | 100% | – | ||
flineinc.com | flineinc.com | 100% | – | ||
| pentaho.com | 99% | 62.2K | #546,334 | View details | |
| compco.com | 66% | #10,535,074 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 21 similar websites and full traffic analytics for Evolving Systems
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Top companies in OSS & BSS
3 companies that operate in the same segment as Evolving Systems (OSS & BSS) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Mesh-based connectivity solutions for IoT applications are provided. | 2014 | San Francisco, California, United States | USD 90 M | |||
Cloud-based subscription billing and management solutions for businesses | 2003 | San Francisco, California, United States | USD 175 M | 127 | ||
Cloud-based network orchestration and management software is provided. | 2000 | Hanover, New Hampshire, United States | USD 97.58 M | 1,844 |
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Related news about Evolving Systems
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Frequently Asked Questions about Evolving Systems
Evolving Systems was founded in 1985.
Evolving Systems is headquartered in Englewood, United States. It is registered at Englewood, New Jersey, United States.
Evolving Systems has 336 employees.
The primary company behind Evolving Systems, Evolving Systems Networks India Private Limited, reported revenue of ₹49.12 Cr for FY 2026, up 8% year on year.
Evolving Systems is focused on delivering advanced software solutions for the telecommunications industry. The company is involved in automating SIM and number management, service activation, and customer value management. Solutions are provided to telecom operators globally, ranging from Tier-1 to boutique carriers. Sectors served include mobile telecommunications across emerging and developed markets. Key offerings include Dynamic SIM Allocation, Tertio Service Activation, and Evolution Marketplace, aimed at enhancing operational efficiency and unlocking new revenue streams. AI-driven decisioning is integrated to enrich customer experiences and improve engagement. The company is recognized for supporting over 100 carriers and impacting over 1 billion consumers annually.
Evolving Systems's top competitors include Matrixx, Rev.io and Procera Networks.
Evolving Systems offers Dynamic SIM Allocation, Tertio Service Activation, Total Number Management, Evolution Loyalty, and Evolution Marketplace.
Evolving Systems has made 5 acquisitions, including Business Logic Systems, Lumata, and Sixth Sense Media.
Evolving Systems has 1 investor. Key investors include PartnerOne.
Evolving Systems operates through Evolving Systems Networks India Private Limited.
Yes. Evolving Systems was acquired by PartnerOne in January 2022.
The legal entities of Evolving Systems currently have 4 directors, including Takhellambam Chandrasekhar Singh, Karl William Gilbank, Anjali Devarajan and others.