Telarus Inc. says its proprietary GeoQuote tool has produced its 1 millionth quote.
The master agency developed and patented GeoQuote in 2003, several years before automated quote-generation became an industry norm. Since then, Telarus has added functions such as being able to determine whether a specific carrier provides Ethernet-over-Copper to a specific address. GeoQuote also quotes data T1, PRIs, cable services and more.
"We are proud to be able to connect our partners and suppliers together and to help each side work with the other in a more efficient and profitable way," said Adam Edwards, president of Telarus, in a press release.
GeoQuote uses a combination of methods, including geo-mapping, direct XML-API communication with carriers’ systems and database standardization, to determine supplier pricing. Telarus said GeoQuote features an error rate of less than 2 percent.