OpenVault
| Company type | Private |
|---|---|
| Industry | Technology, Broadband network management, Software as a service (SaaS) |
| Founded | 2010 |
| Headquarters | Jersey City , United States |
Area served | Global |
| Products | Network management, policy enforcement, data integration, business analytics software |
| Owner | Private |
OpenVault specializes in technology solutions designed for managing broadband networks and analyzing broadband usage data. Established in 2010 and headquartered in Jersey City, New Jersey, the company broadened its global presence in 2020 by launching OpenVault Europe, located in Berlin, Germany.
Overview
OpenVault LLC provides software-as-a-service (SaaS) offerings including network management, policy enforcement, data integration, and business analytics tailored to assist communication service providers (CSPs) in maximizing operational efficiency and revenue generation. The company’s consolidated data is utilized by financial analysts, industry experts, and media outlets covering the broadband cable market. Quarterly aggregated data is released through the OpenVault Broadband Insights (OVBI) report.
COVID-19
Throughout the 2020 COVID-19 pandemic, OpenVault’s data revealed a significant increase in broadband consumption driven by self-isolation practices. By March of that year, usage during business hours had climbed more than 50% compared to January levels, with total monthly consumption reaching a peak of 402.8 GB per household in April. The firm also monitored sustained growth in upstream traffic as the shift to remote work and virtual education intensified demands on broadband infrastructure.
Funding
OpenVault operates as a privately owned company.
Products
The company delivers products that empower broadband providers to enhance network management, boost revenue streams, apply usage-based billing models, and formulate High-Speed Data (HSD) market strategies. Additionally, its solutions assist in predicting HSD usage trends and support strategic network planning initiatives.