Seaborn Networks Selects Amdocs Optima to Monetize its Submarine Cable Infrastructure
07 September 2016 - 8:00PM
At CTIA Super Mobility 2016, Amdocs (NASDAQ:DOX), the leading
provider of customer experience solutions, today announced that
Seaborn Networks, a developer and operator of submarine fiber optic
cable systems, will deploy Amdocs Optima to rapidly and securely
monetize its submarine cable infrastructure connecting the U.S. and
Brazil. Amdocs Optima, announced today, is a new cloud-based
digital customer management and commerce platform for managing the
entire cycle of customer relationships, from initial engagement to
on time delivery, accurate billing, and service assurance.
With its multi-tenancy capabilities to support multiple
companies with one platform, Amdocs Optima will enable Seaborn
Networks’ to sell and lease submarine cable capacity to content
providers, carriers, governments, Internet Service Providers (ISPs)
and other purchasers of wholesale capacity. To be delivered under a
seven-year managed services contract, Amdocs Optima will allow
Seaborn Networks to quickly establish the capability to offer
subscription-based, usage-based, or on-demand price plans in
support of any business-to-business model, simple to sophisticated,
and in pay-as-you-grow business models.
“We are committed to changing the way submarine cable
capacity is bought and sold,” said Larry Schwartz, CEO of Seaborn
Networks. “With Amdocs Optima as the business engine behind our
Seabras-1 network, we will be able to realize our vision by
introducing the first international submarine cable to and from
Brazil that was developed by an independent cable operator. With
ever increasing data demands, our São Paulo to New York direct
route will provide better quality connections between the U.S. and
Brazil, one of the fastest growing markets in the world.”
“With Amdocs Optima as the business enabler, Seaborn Networks is
simplifying the delivery of submarine cable capacity for purchasers
of wholesale capacity looking to offer their end users the type of
superior connections expected in today’s world of digital
immediacy,” said Patrick McGrory, president for Amdocs’ emerging
offerings. “A cloud-based solution, offering support for
multi-tenant, multi-regional operations and delivered in a managed
service model, Amdocs Optima will enable Seaborn Networks to
quickly bring their offerings to market with a better customer
experience, and grow their business in a cost-efficient
manner.”
Supporting Resources
- Learn more about Amdocs Optima
- Keep up with Amdocs news by visiting the company’s website
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About Seaborn Networks
Seaborn Networks is a developer and operator of submarine fiber
optic cable systems with an independent cable operator model,
including Seabras-1. Seabras-1, a six-fiber pair 72Tbps system, is
the first direct point-to-point submarine cable system between the
United States and Brazil; the system will connect New York and São
Paulo. Seaborn was founded by successful submarine cable executives
with experience in designing, building and operating many of the
world’s largest submarine and terrestrial networks.
For more information, see www.seabornnetworks.com.
About Amdocs
Amdocs is the market leader in customer experience software
solutions for the world’s largest communications, entertainment and
media service providers. For more than 30 years, Amdocs
solutions, which include BSS, OSS, network control, optimization
and network functions virtualization, coupled with professional and
managed services, have accelerated business value for its customers
by simplifying business complexity, reducing costs and delivering a
world-class customer experience.
The Amdocs portfolio enables service providers to capture the
world of digital immediacy by operating across digital dimensions
to engage customers with personalized, omni-channel experiences;
creating a diversified business to capture new revenue streams;
becoming data empowered to make business and operational decisions
based on insight-based and predictive analytics; and achieving
service agility to accelerate the fast rollout of new technologies
and hybrid network services.
Amdocs and its more than 24,000 employees serve customers in
over 90 countries. Listed on the NASDAQ Global Select Market,
Amdocs had revenue of $3.6 billion in fiscal 2015.
Amdocs: Embrace Challenge, Experience Success.
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 the Company's filings with the Securities and Exchange
Commission, including in our Annual Report on Form 20-F for the
fiscal year ended September 30, 2015 filed on December 10, 2015 and
our quarterly 6-K form furnished on February 16, May 17 and August
8, 2016.
Media Contact:
Kate Wilson
Tel: +1 978-471-3169
E-Mail: kate.wilson@seabornnetworks.com
Media Contact:
Austin Weedfall
Hotwire PR for Amdocs
Tel: +1 646-790-4737
E-Mail: austin.weedfall@hotwirepr.com
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