Amdocs Helps Accelerate Customers’ Hybrid Cloud Strategy with Oracle Database@Azure

JERSEY CITY, NJ– October 5, 2023 -- Amdocs (NASDAQ: DOX), a leading provider of software and services to communications and media companies, today announced that following Microsoft and Oracle’s expanded partnership to deliver Oracle database services running on Oracle Cloud Infrastructure (OCI) in Microsoft Azure data centers with Oracle Database@Azure, service providers will now have the option to migrate their Amdocs classic applications to Azure or OCI, based on the service provider need or choice.

 

This development will further empower service providers to integrate their Amdocs classic applications with the latest solutions in the Amdocs portfolio, including the new Amdocs Customer Engagement Platform recently announced by Microsoft and Amdocs. This platform brings together Amdocs’ end-to-end set of solutions, from customer experience to monetization products to network automation, with the capabilities of the Oracle and Microsoft Clouds.  This collaboration provides service providers with a unique pre-integrated and telco-verticalized solution that offers a seamless customer experience.

“We are excited about the flexibility that we are bringing to our customers by leveraging Oracle Database@Azure, while delivering on the industry’s scalability and performance requirements. This collaboration opens a new world of opportunities for service providers to accelerate their hybrid cloud journeys and provide unparalleled resiliency for their Amdocs mission-critical platforms and data on the cloud, leveraging both Microsoft Azure and Oracle to achieve their strategic goals,” said Anthony Goonetilleke, Group President of Technology and Head of Strategy at Amdocs. “Our mission at Amdocs is to take the communications industry to the cloud. This collaboration allows our customers to leverage existing investments while embarking on a seamless transformation journey, enabling them to take advantage of our latest CES portfolio powered by amAIz, our generative AI platform.  We look forward to working with Microsoft and Oracle in accelerating our customers’ cloud journeys.”

“At Microsoft, we recognize customers need the flexibility to choose the technology that best serves their unique needs,” said Brett Tanzer, Vice President, Azure Product Management at Microsoft. “Oracle Database@Azure gives partners like Amdocs an ideal platform to help customers advance their business transformation by harnessing the power of data in the Microsoft Cloud.” 

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About Amdocs

Amdocs helps those who build the future to make it amazing. With our market-leading portfolio of software products and services, we unlock our customers’ innovative potential, empowering them to provide next-generation communication and media experiences for both the individual end user and enterprise customers. Our approximately 30,000 employees around the globe are here to accelerate service providers’ migration to the cloud, enable them to differentiate in the 5G era, and digitalize and automate their operations. Listed on the NASDAQ Global Select Market, Amdocs had revenue of $4.58 billion in fiscal 2022. For more information, visit 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 and years. 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 macro-economic conditions, prevailing level of macroeconomic, business and operational uncertainty, including as a result of geopolitical events or other global or regional events such as the COVID-19 pandemic, as well as the current inflationary environment, and the effects of these conditions on the company’s customers’ businesses and levels of business activity, including the effect of the current economic uncertainty and industry pressure on the spending decisions of the company’s customers, 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, our ability to successfully and effectively implement artificial intelligence and Generative AI in the company’s  offerings and operations 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, 2022 filed on December 13, 2022 and our Form 6-K furnished for the first quarter of fiscal 2023 on February 13, 2023 and for the second quarter of fiscal 2023 on May 22, 2023.

Media Contacts

Michael Zema

Amdocs Public Relations

E-mail: mzema@amdocs.com

Emily Holt

PAN Communications for Amdocs

Email: amdocs@pancomm.com