ST. LOUIS – May 12, 2021 - Amdocs (NASDAQ: DOX), a leading provider of software and services to communications and media companies, today announced it's providing subscription-based businesses with a pathway to increased flexibility, scalability and growth with the migration of Amdocs Media’s Vindicia subscription management portfolio to Amazon Web Services (AWS).
As an extension of the previously announced strategic, multi-year agreement with AWS, Amdocs is offering its Software as a Service (SaaS) based Vindicia subscription intelligence solution on AWS for leading subscription-based businesses. As part of the deal, Amdocs will offer customers access to its cloud-based, microservices architecture running on AWS to provide subscription businesses with the capabilities to grow an engaged customer base and build long-term subscription business growth.
Anthony Goonetilleke, Group President of Media, Network and Technology at Amdocs, said: “The subscription industry is booming, and this migration is a key milestone in our multi-year strategic agreement with AWS. It enables our customers to leverage AWS’s public cloud infrastructure to accelerate their growth by increasing scalability and flexibility, and by leveraging the Vindicia subscription management platform to drive subscription intelligence.”
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Amdocs’ purpose is to enrich lives and progress society, using creativity and technology to build a better connected world. Amdocs and its 27,000 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, the duration and severity of the COVID-19 pandemic, and its impact on the global economy, Amdocs’ ability to grow in the business markets that it serves, Amdocs’ ability to successfully integrate acquired businesses including Openet, 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, 2020 filed on December 14, 2020 and our Form 6-K furnished for the first quarter of fiscal 2021 on February 16, 2021.
Amdocs Public Relations
PAN Communications for Amdocs