Analyst Reports Highlight Amdocs’ Industry Leadership in 5G Monetization, Network Virtualization and the Move to Smart, Aut...
11 December 2019 - 10:00PM
Amdocs (NASDAQ: DOX), a leading provider of software and services
to communications and media companies, today announced it was named
a leader by prominent global industry analyst firms in their latest
reports and awards programs covering the industry’s vendor
landscape. According to these reports, Amdocs’ leadership span
products and professional services in domains vital to
communications and media companies as they transform their
businesses to deliver digital customer experiences and leverage the
new opportunities that will come with 5G.
“Amdocs is committed to providing a seamless customer experience
by helping its customers modernize, automate and digitize their
businesses, as well as design, build and monetize their hybrid
cloud and 5G networks. To enable this at an accelerated pace, we
are aggressively expanding our microservices-based, cloud-native
capabilities, and innovating around our agile development and
delivery practices,” said Anthony Goonetilleke, group president of
Amdocs Media, Network & Technology. “We are extremely
encouraged by the strong recognition from both the industry’s
leading analysts and some of the industry’s biggest operators, such
as AT&T and Vodafone Germany who recently selected Amdocs for
strategic new projects.”
Amdocs recognized leader in 5G monetization
- Global Ovum report1 of 5G monetization
solutions finds that Amdocs’ microservices-based RevenueONE
solution offers the complete set of capabilities required and says
Amdocs is in a strong position to win 5G monetization upgrades.
Only vendors with commercially available, cloud-based solutions
already deployed at five or more customers in at least two out of
three global regions were considered for this report.
- GlobalData report2 finds Amdocs RevenueONE
aligns with the atomization, distribution, and agility requirements
of 5G, embracing state-of-the-art cloud-native microservices and
DevOps and CI/CD methodologies.
- Amdocs also won Light Reading’s prestigious
Leading Lights Most Innovative 5G Strategy Award for its strategy
that tackles the unique business and operational challenges that 5G
service providers will face.
Amdocs sustains market-share leadership in its core
business areas
- Analysys Mason report recognizes3 Amdocs as
the global leader in the overall monetization platforms
product-related market for the 12th consecutive year with an
estimated market share of 23 percent, more than twice the size of
the second-ranked vendor. In the same report, Analysys Mason also
recognizes Amdocs as the global market-share leader in monetization
platforms product-related services, as well as in monetization
platforms professional services.
- In a separate report, Analysys Mason also
ranks4 Amdocs as the global leader in the engagement platforms
product-related market, with an estimated market share of 20
percent.
- Amdocs won the Fierce Innovation Awards - Telecom Edition 2019
in the Business Services category, recognized for its ability to
provide better sales experiences through automation with its
Configure-Price-Quote (CPQ) solution.
A leader in network automation and
virtualization
- Analysys Mason report5 ranks Amdocs as the
global leader in the service design and orchestration
product-related and product-related services markets for the second
year in a row, with an estimated market share of 12 percent and 15
percent, respectively. According to the report, the overall service
design and orchestration market is driven by the commercialization
of network functions virtualization (NFV) and software-defined
networks (SDN) and by service provider spend on automating fibre
roll-out. It goes on to highlight Amdocs’ continued investment in
these areas and related deployments at AT&T, Bell Canada,
Comcast and Globe Telecom.
- Amdocs also won the 2019 MEF Technology
Solution of the Year award in the Service Automation category.
Amdocs was recognized for its NFV service orchestration
capabilities deployed across the globe, spanning several use
cases from SD-WAN on public cloud to Virtual EPC
orchestration. This is the third year that Amdocs has won this
award.
Amdocs continues to lead advancement to
autonomous, smart operations
- Ovum report6 recognizes Amdocs as the global
leader in telecom IT applications services with an estimated market
share of 16 percent.
- NelsonHall report7 ranks Amdocs #1 in telecoms
and media testing with an estimated market share of 14 percent and
highlights Amdocs’ leadership in robotic process automation (RPA)
and artificial intelligence (AI)-based testing automation.
- Global Analysys Mason report8 ranks4 Amdocs’
machine-learning and analytics-based revenue assurance and fraud
management service as the leading offering in its space, with an
estimated market share of 11 percent.
- Amdocs’ revenue assurance and fraud management service also
played a key role in the Catalyst project that won TM Forum’s
Outstanding Catalyst for Business Impact Award at Digital
Transformation World 2019. The project demonstrated how digital
service providers can apply AI, machine learning and API-based
revenue assurance, credit management and fraud management to
effectively protect digital businesses.
1 Ovum On the Radar: Amdocs 5G Monetization Solutions, November
20192 GlobalData Intelligence Alert on Amdocs RevenueONE, October
20193 Analysys Mason report: Monetization Platforms: Worldwide
Market Shares 2018, August 20194 Analysys Mason report: Customer
Engagement: Worldwide Market Shares 2018, August 20195 Analysys
Mason report: Service Design and Orchestration Systems: Worldwide
Market Shares 2018, September 20196 Ovum report: Market Share
Spreadsheet: 2018 Network and IT Vendor Services in the Telecoms
Vertical, September 20197 NelsonHall report: Software Testing
services, March 20198 Analysys Mason report: Telecoms software and
services: worldwide market shares 2018, October 2019
Supporting Resources
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About Amdocs
Amdocs is a leading software and services provider to
communications and media companies of all sizes, accelerating the
industry’s dynamic and continuous digital transformation. With a
rich set of innovative solutions, long-term business relationships
with 350 communications and media providers, and technology and
distribution ties to 600 content creators, Amdocs delivers business
improvements to drive growth. Amdocs and its 25,000 employees serve
customers in over 85 countries. Listed on the NASDAQ Global Select
Market, Amdocs had revenue of $4.1 billion in fiscal 2019. 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, Amdocs 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, 2018 filed on December 10, 2018 and our
quarterly 6-K form furnished on February 19, May 28, August 19 and
November 12, 2019.
Media Contacts:
Linda HoriuchiAmdocs Public RelationsTel: +1 (201)
631-6810E-mail: linda.horiuchi@amdocs.com
Emily Holt PAN Communications for Amdocs Tel: +1 (617)
502-4300E-mail: Amdocs@pancomm.com
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