Amdocs Joins the LF Deep Learning Foundation as a Founding Member providing Data Tools, Mapping and Models to Advance AI in t...
March 28 2018 - 5:00AM
Open Network Summit -- Amdocs (NASDAQ:DOX), a
leading provider of software and services to communications and
media companies, today announced that it has become a founding
member of the LF Deep Learning Foundation, an umbrella organization
that will support and sustain open source innovation in artificial
intelligence, machine learning, and deep learning, which is led by
the Linux Foundation. As part of the LF Deep Learning launch
earlier this week, the Linux Foundation also announced the Acumos
AI Project, a platform for the development, discovery, and sharing
of artificial intelligence (AI) models and AI workflows.
Amdocs has been making advances in the use of AI to enrich
customer journeys for many years and is well positioned to deliver
a valuable contextual understanding to the Acumos Project.
This unique perspective comes from a combination of customer
experience and network expertise, as well as from the entertainment
and media segments through its media division that works with over
one thousand content creators and distributors world-wide.
Amdocs brings an understanding from content consumers,
distributors and carriers that work with Amdocs to deliver billions
of customer journeys a day.
The Acumos project enables innovation in AI through open source
and aims to make AI widely accessible to companies with an interest
in AI and machine learning, while being customizable to meet
specific needs. The group of members will work to create a common
platform and standard for the exchange of machine learning
solutions allowing them to enhance their products with AI and
transform the media and communications landscape.
“AI is breaking new ground as a major disrupter within the
communications and media industry, so initiatives like Acumos are
vital as they bring together an ecosystem of innovators that will
shake up our industry for the better,” said Anthony Goonetilleke,
group president of Amdocs Technology. “By joining Acumos, Amdocs is
able to both contribute to and leverage the unique code and open
source tools made available by other collaborating, leading
platform players. This means AI applications will be made more
broadly accessible to service providers, content developers and
industries charged with building enterprise applications that will
run our increasingly digital society.”
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About Amdocs
Amdocs is a leading software and services provider to the
world’s most successful communications and media companies. As our
customers reinvent themselves, we enable their digital and network
transformation through innovative solutions, delivery expertise and
intelligent operations. Amdocs and its 25,000 employees serve
customers in over 85 countries. Listed on the NASDAQ Global Select
Market, Amdocs had revenue of $3.9 billion in fiscal 2017. 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, 2017 filed on December 11, 2017 and
our quarterly 6-K form furnished on February 12, 2018.
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Media
Contact: |
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Marcel Kay |
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Amdocs Public
Relations |
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Tel: +44 (0) 208 727
2664 |
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E-mail:
marcel.kay@amdocs.com |
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Jenn Headley |
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Hotwire PR for
Amdocs |
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Tel: +1 (212)
897-2156 |
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E-mail: jennifer.headley@hotwireglobal.com or
AmdocsUS@hotwirepr.com |
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Amdocs |
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1390 Timberlake Manor
Parkway |
t: +1-314-212-7000 |
Chesterfield, MO
63017 |
f: +1-314-212-7500 |
USA |
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www.amdocs.com |
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