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Amdocs will be part of creating open, real-time network control and management solutions, leveraging the strengths of its AI / ML and next-generation cloud-based automation and OSS technologies
ST. LOUIS, April 14, 2021 (GLOBE NEWSWIRE) – Amdocs (NASDAQ: DOX), a leading provider of software and services to communications and media companies, announced today that it is joining the Open Network Foundation (ONF) as a new member. ONF is a consortium led by a non-profit operator driving the transformation of network infrastructure and carrier business models using network disaggregation, white field economy, open source software and software standards. By joining ONF, Amdocs continues to build on its commitment to drive service innovation and operational flexibility through advanced service and network automation solutions based on open interfaces, industry standards, data-driven artificial intelligence (AI), machine learning ( ML) and cloud technology.
Amdocs will be committed to the ONF SD-RAN project, which focuses on enabling modular and customizable radio access (RAN) solutions that help service providers innovate more easily and add new functionality faster. The project creates open source components for mobile RAN space that are in line with the architecture defined by the O-RAN Alliance.
Amdocs has already been active in open technology communities, such as system integration for TIP laboratories and advanced machine learning for open cases of RAN use. In addition, Amdocs continues to drive the evolution of next-generation operations support systems (OSS) and automation technologies for hybrid networks between domains and is recognized as new product innovations and transformative OSS solutions.
“We are pleased to welcome Amdocs to the SD-RAN community,” said Timon Sloan, vice president of marketing and ecosystem, ONF. “A key goal of the SD-RAN project is to enable multidisciplinary RAN solutions, allowing a combination of open source and vendor-owned components, and to enable the emergence of xApps vendors that can bring exciting new RAN capabilities. . One such capability is intelligent automation using AI / ML to allow the RAN infrastructure to run more efficiently, and it is exciting for Amdocs to need to help manage these capabilities in the context of the SD-RAN project. “
“Amdocs helps service providers harness and monetize the power of new networks through open, intelligent, cloud-based automation software and solutions such as Smartdocs and NEdocs from Amdocs’ next-generation OSS platform,” said Anthony Gonetileke, president of the media group. , networks and technologies, Amdocs. “Support for ONF SD-RAN is a key aspect of Amdocs’ approach to deploying AI and ML for near-real-time analysis, responsive network capacity and coverage, proactive action, and optimizing the service context.”
Amdocs aims to enrich life and progress society by using creativity and technology to build a better connected world. Amdocs and its 26,000 employees partner with leading players in the communications and media industry, enabling next-generation experience in 85 countries. Our cloud, open and dynamic portfolio of digital solutions, platforms and services brings more choice, faster time to market and flexibility to better meet the changing needs of our customers as they drive growth, they transform and run their business in 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.
Statement on the future of Amdocs
This press release includes information that represents forward-looking statements made under the Safe Harbor provisions of the Private Securities Reform Act 1995, including statements about Amdocs’ growth and business results in the coming quarters. Although we believe that the expectations reflected in such forward-looking statements are based on reasonable assumptions, we cannot guarantee that our expectations will be met or that any deviations will not be material. Such statements include risks and uncertainties that may give rise to different results than expected. These risks include, but are not limited to, the effects of general economic conditions, Amdocs’ ability to grow in the business markets it serves, Amdocs’s ability to integrate a successful business, adverse market competition effects, rapid technological changes that products can and the company’s services obsolete, potential loss of a major customer, our ability to develop long-term relationships with our customers and the risks associated with operating in the international market. Amdocs may choose to update these forward-looking statements at some point in the future; however, the Company expressly waives any obligation to do so. These and other risks are discussed in more detail in Amdocs’ declarations to the Securities and Exchange Commission, including in our Annual Report Form 20-F for the fiscal year ended 30 September 2020, submitted on 14 December 2020. , and our 6- K form furnished for the first quarter of fiscal 2021 on February 16, 2021.
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