Press Release Jul 26 2016Amdocs to serve as integrator for companies adopting AT&T’s open source ECOMP platform to enable software-centric network capabilities ST. LOUIS – July 26, 2016 – Amdocs (NASDAQ: DOX), will be the integrator for telecommunications companies and cloud developers who want to use AT&T’s ECOMP platform to build their own software-centric network services. AT&T created and developed ECOMP and recently committed to releasing that code into open source. Amdocs will help companies deploy that open source software into their own networks. ECOMP is a vital tool for service providers struggling to meet today’s network demands while preparing for an even greater load in the next few years from applications like virtual reality and augmented reality, 4K video and the Internet of Things.
ECOMP is a comprehensive software suite spanning the entire NFV service life cycle. This will enable shorter service introduction times, improved operational efficiencies and agile data-driven service management of NFV and software defined network (SDN) functions and services. The offering will target capabilities like the creation of a single view of physical and virtual resources and services, rapid service design, master service orchestration and automated configuration and management. AT&T has already implemented ECOMP in its software-based network, while Amdocs will help market the platform globally. AT&T and Amdocs will continue to enhance the platform through standardization and contributions to the open source community.
"ECOMP is the engine of our software-centric network. And recently, we revealed our plan to build a global community around ECOMP to help service providers and developers meet the network demands of next-gen technologies," said Chris Rice, VP of Advanced Technologies and Architecture at AT&T Labs. "Today, we’re excited to share that a few months back Amdocs became an early collaborator on ECOMP and will become an integrator for ECOMP in the industry. We believe ECOMP will set the standard for virtual network (VNF) automation, and Amdocs will support the growth of the platform as more and more service providers begin using it."
"Achieving better service agility is at the heart of this initiative and is one of the key business imperatives. Using carrier-optimized cloud infrastructure to separate hardware and software layers will increase the value of the network by allowing the rapid onboarding of new services to our customers," said Anthony Goonetilleke, division president at Amdocs. "Together, we will deliver the ECOMP platform to the industry to simplify network environments and drive operational and capital savings, while continuing to accelerate service innovation and network value through agile software powered networksTM."
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Amdocs is the market leader in customer experience software solutions and services for the world’s largest communications, entertainment and media service providers. For more than 30 years, Amdocs solutions, which include BSS, OSS, network control, optimization and network functions virtualization, coupled with professional and managed services, have accelerated business value for its customers by simplifying business complexity, reducing costs and delivering a world-class customer experience.
The Amdocs portfolio enables service providers to capture the world of digital immediacy by operating across digital dimensions to engage customers with personalized, omni-channel experiences; creating a diversified business to capture new revenue streams; becoming data empowered to make business and operational decisions based on insight-based and predictive analytics; and achieving service agility to accelerate the fast rollout of new technologies and hybrid network services.
Amdocs and its 24,000 employees serve customers in over 90 countries. Listed on the NASDAQ Global Select Market, Amdocs had revenue of $3.6 billion in fiscal 2015.
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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, 2015 filed on December 10, 2015 and our quarterly 6-K form furnished on February 16 and May 17, 2016.
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