KT Successfully Implements Amdocs CatalogONE Cloud-Native Solution to Accelerate Introduction of New 5G Offerings
11 November 2020 - 8:05AM
Amdocs (NASDAQ: DOX), a leading provider of software and services
to communications and media companies, today announced that KT
Corporation, the largest quad-play service provider in South Korea,
has successfully migrated their existing charging product catalog
inclusive of all offers and price plans across multiple lines of
business to Amdocs CatalogONE on KT Private Cloud. The
implementation enables them to be more agile and quick to take
advantage of emerging 5G use cases with faster and more dynamic
introductions of innovative services, pricing models, promotions
and special offers.
Most of the migration was achieved while working
remotely during the COVID-19 global lockdown, using new
methodologies and best-in-class practices and various collaboration
and deployment tools with no impact to service quality. The
migration to a KT private cloud helped make the process seamless
and enabled both Amdocs and KT teams to work in parallel on
deployment of Amdocs’ open, cloud-native catalog solution. As a
result, KT was able to swiftly go from ideation of new services to
driving top-line growth all while providing its IT and business
teams with the highest levels of flexibility and operational ease
of use with Amdocs, who was recently awarded Frost & Sullivan’s
2020 Asia-Pacific 5G Customer Value Leadership Award.
Since the launch of 5G services in Korea in
April 2019, not only have the number of 5G subscribers grown, the
consumption of these subscribers of 5G mobile data traffic has also
increased rapidly. KT has grown its subscriber base by enhancing
the mobile broadband services that enable use cases such as UHD
video, virtual reality (VR), and augmented reality (AR). With
Amdocs CatalogONE, KT will be able to further accelerate the
implementation of these services while delivering compelling
customer experience. In addition, through this project, KT has
established a cloud-based CatalogONE environment in Korea and laid
the foundation for configuring changes directly to CatalogONE with
a business-driven user interface to improve operational
efficiencies and time to market, and replacing a process which was
previously performed offshore.
“KT, a leader in 5G services, continues to
introduce new services and experiences at a rapid pace, delivering
compelling digital experience to their customers. Amdocs’ cloud
native CatalogONE solution helps enable KT to accelerate the
introduction of new 5G use cases with more personalized,
contextualized, and differentiated offerings, and flexible price
plans,” said Anthony Goonetilleke, Group President of Media,
Network and Technology at Amdocs.
Supporting Resources
- For more information
check out Amdocs CatalogONE
- Learn more about
Amdocs’ being awarded Frost & Sullivan’s 2020 Asia-Pacific 5G
Customer Value Leadership Award
- Keep up with Amdocs
news by visiting the company’s website
- Subscribe to Amdocs’
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About Amdocs
Amdocs’ purpose is to enrich lives and progress
society, using creativity and technology to build a better
connected world. Amdocs and its 26,000 employees partner with the
leading players in the communications and media industry, enabling
next-generation experiences in 85 countries. Our cloud-native, open
and dynamic portfolio of digital solutions, platforms and services
brings greater choice, faster time to market and flexibility, to
better meet the evolving needs of our customers as they drive
growth, transform and take their business to the cloud. Listed on
the NASDAQ Global Select Market, Amdocs had revenue of $4.2 billion
in fiscal 2020. 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, 2019 filed on December 16, 2019 and
our quarterly Form 6-K furnished for the first quarter of fiscal
2020 on February 18, 2020, the second quarter of fiscal 2020 on May
18, 2020, and the third quarter of fiscal 2020 on August 17,
2020.
Media Contact:Deepshikha
KumarAmdocs Public RelationsTel: +91-9718024780E-mail:
deepshik@amdocs.com
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