Amdocs Announces Industry’s First 5G-Native Charging Solution, Providing Flexibility Across Both IT and Network
13 Septembre 2022 - 2:00PM
Amdocs (NASDAQ:DOX), a leading provider of software and services to
communications and media companies, today announced Amdocs
Charging, which combines the best of industry capabilities in
charging and business support systems, from both Amdocs and Openet
to support convergent monetization of new services across
standalone 5G and beyond. Leading service providers, including two
tier-one operators in North America, are already using Amdocs
Charging to unite disparate monetization efforts across their IT
and network.
Historically, communications service providers (CSPs) have
maintained many BSS platforms, supporting different lines of
business with dated requirements. This limits their evolution,
creating siloed environments for post-paid and pre-paid, fixed and
mobile, 3G/4G and 5G, and more. In the 5G and cloud-native era,
such silos are becoming unsustainable, and a new paradigm is
required.
Amdocs Charging addresses these challenges, bringing together
Amdocs charging offerings with those from Openet following its
acquisition by Amdocs. This combined offering with a
microservices-based platform, is accessed through Amdocs'
market-leading suite, CES22. The solution drives rapid time-to
market for innovative services, which can monetize a wide range of
new network currencies – helping CSPs get a return on the
investments made on 5G to date. CSPs using Amdocs' existing
charging offerings can move to this new product incrementally,
while leveraging proven global scalability.
Features include:
- Ready for emerging, diverse and large-scale use cases. These
include the metaverse, virtual reality (VR), extended reality (XR),
private enterprise networks, edge computing, network slicing and
vehicle-to-vehicle applications across consumer and business
verticals.
- Offers more control, reduces operational costs, and improves
time-to-market through a single catalog and diverse services
environment.
- Open APIs and an open and modular approach ensure enhanced
support across OSS, BSS and the network, as well as partner
efficiencies, regardless of vendor.
- Synergistic policy and charging control to create new
monetization models leveraging Network Exposure Functions (NEF) and
Network Data Analytics Function (NWDAF).
John Abraham, Principal Analyst, Analysys Mason, said: “The
coming together of Amdocs and Openet charging capabilities under
Amdocs Charging marks a significant milestone in evolution of the
monetization portfolio of the largest vendor in this segment.
Amdocs Charging will be complemented by Amdocs’ broader
monetization portfolio, which positions the company well to
flexibly address 5G and beyond in a cost-effective manner.”
Anthony Goonetilleke, Group President of Technology and Head of
Strategy, Amdocs, said: “We live in a hybrid world of connectivity
that spans 3G, 4G, 5G and Wi-Fi, and maximizing the monetization
potential, while delivering on the promise of 5G and beyond, is
critical to driving new revenue growth. Amdocs has made significant
investments in our mission-critical, scalable, cloud-native
charging platform, to deliver unparalleled convergent experiences
that drive new service innovation, while removing the traditional
boundaries between IT and network.”
Amdocs will be showcasing Amdocs Charging at TM Forum Digital
Transformation World in Copenhagen, September 20-22, and attending
MWC Las Vegas, September 28-30.
Supporting Resources
- Learn more about Amdocs
Charging
- Keep up with Amdocs news by
visiting the company’s website
- Follow us on Twitter, Facebook,
LinkedIn and YouTube
About Amdocs
Amdocs helps those who build the future to make
it amazing. With our market-leading portfolio of software products
and services, we unlock our customers’ innovative potential,
empowering them to provide next-generation communication and media
experiences for both the individual end user and enterprise
customers. Our 31,000 employees around the globe are here to
accelerate service providers’ migration to the cloud, enable them
to differentiate in the 5G era, and digitalize and automate their
operations. Listed on the NASDAQ Global Select Market, Amdocs had
revenue of $4.3 billion in fiscal 2021. For more information, visit
Amdocs at www.amdocs.com
Amdocs’ Forward-Looking
Statement
This press release includes information that
constitutes forward-looking statements made pursuant to the safe
harbor provision of the Private Securities Litigation Reform Act of
1995, including statements about Amdocs’ growth and business
results in future quarters. Although we believe the expectations
reflected in such forward-looking statements are based upon
reasonable assumptions, we can give no assurance that our
expectations will be obtained or that any deviations will not be
material. Such statements involve risks and uncertainties that may
cause future results to differ from those anticipated. These risks
include, but are not limited to, the effects of general economic
conditions, Amdocs’ ability to grow in the business markets that it
serves, Amdocs’ ability to successfully integrate acquired
businesses, adverse effects of market competition, rapid
technological shifts that may render the Company's products and
services obsolete, potential loss of a major customer, our ability
to develop long-term relationships with our customers, and risks
associated with operating businesses in the international market.
Amdocs may elect to update these forward-looking statements at some
point in the future; however, the Company specifically disclaims
any obligation to do so. These and other risks are discussed at
greater length in Amdocs’ filings with the Securities and Exchange
Commission, including in our Annual Report on Form 20-F for the
fiscal year ended September 30, 2021 filed on December 10, 2021,
and our Form 6-K furnished for the first quarter of fiscal 2022 on
February 14, 2022, for the second quarter of fiscal 2022 on May 24,
2022 and for the third quarter of fiscal 2022 on August 15,
2022.
Media Contact:
Michael ZemaAmdocs Public RelationsE-mail:
Michael.Zema@amdocs.com
Emily Holt PAN Communications for Amdocs Email:
Amdocs@pancomm.com
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