TEOCO was founded in 1995 and is based in Fairfax, Virginia. The company's name is an acronym derived from 'The Employee Owned Company.' It has grown through acquisition, which has enabled it to add new solutions[buzzword] to its portfolio, as well as new customers and territories. In October 2009, TA Associates completed a $60 Million minority investment in TEOCO.[1] In 2014 it employed 1,300 people and had revenues of approximately $175 million.[2]
In 2008, Razorsight, a revenue and cost optimization vendor, was ordered to pay TEOCO $4.5 million for theft of TEOCO's intellectual property.[3]
TEOCO was involved in the Iowa Utilities Board and subsequent FCC ruling in Qwest communication's Traffic pumping case.[4] TEOCO, a supplier to Qwest of cost and revenue management solutions[buzzword], used its technology to capture and analyze five years of call detail records to help determine damages.[5]
TEOCO provides invoice business process outsourcing, consultancy, cloud and support services. This includes: a range of analytics solutions[buzzword], RAN solutions[buzzword] to address planning and configuration, optimisation and analytics, and service assurance solutions[buzzword] covering performance, fault and service management.
In February 2020, TEOCO announced the latest version of its service assurance platform called HELIX 11.[12]
