ST. LOUIS - February 5, 2019 - Amdocs (NASDAQ: DOX), a leading provider of software and services to communications and media companies, today announced that it will equip Globe Telecom with a network technology solution that will modernize and automate its platforms and business processes efficiently particularly for its enterprise clients. This will enable the Philippine telecommunications giant to provide its enterprise clients with highly-flexible and scalable cloud-based network services that they can easily configure, customize and monitor to better serve end-customers.
Through Amdocs' Network Functions Virtualization (NFV) orchestration solution, Globe will be able to transform its network to automate operations and management of their Network-as-a-Service (NaaS) offering for a wide range of network services. This includes Software-Defined Wide Area Network (SD-WAN), security services, bandwidth on-demand, mobile core network related services (vEPC and vIMS), and other value-added applications.
Globe Telecom’s NaaS offering uses Software Defined Networking (SDN) and virtualization technologies, as well as a rich Virtual Network Function (VNF) ecosystem orchestrated by Amdocs’ NFV solution. This is also powered by the Linux Foundation’s Open Networking Automation Platform (ONAP).
“The flexibility and scalability of NFV will streamline the way we can interact with our enterprise customers. It will allow us to empower our enterprise customers with simpler and faster on-demand provisioning of network services that they can customize to better serve their end-customers,” said Gil B. Genio, Globe Chief Technology and Information Officer.
“Globe Telecom is accelerating their enterprise business growth by addressing their customers’ needs to better serve the digital society of tomorrow,” said Anthony Goonetilleke, Group President, Media, Network and Technology, Amdocs. “Over the years we have invested heavily in the Open NFV ecosystem powering initiatives such as ONAP to bring highly scalable network solutions to the market. These proven technology solutions turn static networks into smart networks - opening and automating the network – enabling rich end-to-end services, while continuously evolving to meet the dynamic needs of today’s digital enterprises.”
Under the five-year service agreement, Amdocs’ solution will enable Globe to activate, provision and manage multiple network services on the cloud from a wide range of innovative third-party network software and equipment providers. Amdocs will deliver the capabilities using DevOps methodology, which enables faster evolution and implementation of quick changes to adapt to market demands.
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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 $4.0 billion in fiscal 2018. 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, 2018 filed on December 10, 2018.
Shashi Shekhar Pandey
Amdocs Public Relations
Tel: +91 7838291362