Analyst Reports Place Amdocs at the Forefront of Digital Transformation and Cloud-Native Technologies
24 January 2018 - 10:00PM
Amdocs (NASDAQ:DOX), a leading provider of software and services to
communications and media companies, today announced it was named
leader by various prominent analyst firms in their latest reports
and awards programs covering the industry’s IT landscape across
vendor systems and services. Spanning areas critical to
communications and media companies in their journey to become
digital service providers, these reports cover front-end digital
commerce and care capabilities, business and operational support
systems (BSS and OSS), and software-based network capabilities.
The analyst reports and awards include:
- Heavy Reading ranks1 Amdocs as the global
leader in the overall BSS/OSS market. According to Heavy Reading,
in a market where the top five vendors have a collective market
share of 61 percent, Amdocs has an estimated market share of 22
percent, which is equivalent to the combined market share of the
second- and third-ranked vendors.
- Analysys Mason recognizes2 Amdocs as the
global leader in the overall revenue management product-related
market for the tenth consecutive year, with an estimated market
share of 22 percent, nearly twice the size of the second-ranked
vendor; in the same report Analysys Mason also recognizes Amdocs as
the global market-share leader in revenue management
product-related services with an estimated market-share of 29
percent, equivalent to the market share of the second-, third- and
fourth-ranked vendors, combined; Amdocs is highlighted as the only
product vendor in the top six that offers product-agnostic
professional services, similar to those of typical system
integrators.
- Analysys Mason also ranks3 Amdocs as the
global leader in the order management product-related market with
an estimated market share of 13 percent; this report highlights the
importance of order management as part of an end-to-end approach
for the delivery of digital services over virtualized networks and
calls out Amdocs for taking this approach with customers deploying
network functions virtualization (NFV); report goes on to recognize
Amdocs’ heavy investment in adapting its service fulfilment
portfolio for the NFV environment and says that in 2016 Amdocs
carried out the most development in this area compared to other
vendors; it also ranks Amdocs as the market-share leader in service
fulfilment product-related services with an estimated market share
of 14 percent.
- Frost & Sullivan’s Stratecast ranks4
Amdocs global market-share leader in the overall monetization
market for the ninth consecutive year with an estimated market
share of 19 percent. Stratecast also recognizes5 Amdocs as the
global market-share leader in the billing and charging sub-segment,
with an estimated market share of 21 percent.
- Frost & Sullivan’s Stratecast finds6
Amdocs to have “the most well-articulated microservices story so
far within the CSP operational domain”, highlighting Amdocs’
investment in decomposing care and commerce domains in order to
improve service providers’ agility and enable them to offer new
digital experiences of the type and pace of digital-native
companies.
- Amdocs also wins the “2017 Frost &
Sullivan Asia-Pacific Telecom OSS/BSS Vendor of the Year
award”, presented to Amdocs for its best-in-class performance in
this region and for its product innovation leadership, enabling
service providers’ digital transformations through highly reliable
solutions and the introduction of a microservices approach that
offers business flexibility and enables rapid upgrades and
implementations.
- Amdocs also wins the 2017 MEF Proof of
Concept Gold Award, alongside three major international multi-play
carriers and partners, for a jointly-developed showcase of
NFV-centric intra and intercarrier orchestration across multiple
service provider networks. The showcase demonstrated network
ability to scale connectivity and cloud services on demand, while
providing automated intercarrier connectivity using LSO APIs.
“These analyst reports call out technology readiness and the
delivery capabilities required to take the industry to
next-generation IT architectures,” said Anthony Goonetilleke, group
president of Amdocs Technology. “In this rapidly evolving
landscape, service provider approaches to product development and
delivery will need to change and become open, microservices-based
and DevOps-ready to enable innovation at the pace of digital-native
players.” “However,
this won’t happen overnight. Interim, hybrid-model expertise is
required in order to handle this transition while dealing with the
underlying complexity of existing legacy architecture. We are happy
to be recognized by leading industry analysts for our considerable
investment in this area, allowing us to undertake the full breadth
of digital transformation initiatives, including large
transformations that others find too challenging,” added
Goonetilleke.
1 Heavy Reading report: OSS/BSS Vendor Landscape: Industry
Outlook & Company Analysis, May 20172 Analysys Mason report:
Revenue Management Systems: Worldwide Market Shares 2016, July
20173 Analysys Mason report: Service fulfillment systems: Worldwide
market shares 2016, June 20174 Stratecast report: Global CSP
Monetization 2017 Edition Part 1: End-to-End CSP Monetization
Market Drivers, Forecast, Market Share, Delivery Model, and
Requirements Analysis, July 20175 Stratecast report: Global CSP
Monetization 2017 Edition Part 3: Rating and Charging and Other
Core Billing Market Forecast and Market Share Analysis,
Sept 20176 Stratecast report: Microservices: A Role Player in the
Cloud-Native Architecture, Oct 2017
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About Amdocs
Amdocs is a leading software and services provider to the
world’s most successful communications and media companies. As our
customers reinvent themselves, we enable their digital and network
transformation through innovative solutions, delivery expertise and
intelligent operations. Amdocs and its 25,000 employees serve
customers in over 85 countries. Listed on the NASDAQ Global Select
Market, Amdocs had revenue of $3.9 billion in fiscal 2017. 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, 2017 filed on December 11,
2017.
Media Contacts:Linda HoriuchiAmdocs Public
RelationsTel: +1 (201) 631-6810E-mail:
linda.horiuchi@amdocs.com
Jenn HeadleyHotwire PR for AmdocsTel: +1 (212) 897-2156E-mail:
jennifer.headley@hotwireglobal.com or AmdocsUS@hotwirepr.com
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