Amdocs Selected by Vodafone to Further Harmonize, Automate and Modernize its Inventory Systems Across Europe
April 26 2022 - 7:00AM
Amdocs (NASDAQ: DOX), a leading provider of software and services
to communications and media companies, announced today that it has
been selected by Vodafone to further harmonize and modernize its
inventory portfolio in Germany, Romania, Czech Republic and
Albania, for its mobile, fixed and cable offerings. This is the
first time Amdocs has signed an agreement with Vodafone Albania.
Advanced inventory capabilities will provide Vodafone a powerful
data foundation as it continues to automate its network and service
operations for a network spanning multiple countries and new
network technologies such as 5G. Seventy percent of Vodafone’s core
European network is already on its own on-premise cloud with plans
to increase that to 100% by 2025 according to Vodafone.
By aligning data models as well as technical and business
processes across markets, the project will ensure Vodafone’s
software-driven network meets future customer demand. Benefits to
Vodafone include increased data quality, planning process
efficiency, reduced fallout rate in fulfillment and assurance
processes.
The further modernization of its inventory portfolio for the
initial group of operating companies will provide a next-generation
inventory and operations support system (OSS) blueprint. This will
enable Vodafone to rollout this initiative to additional
territories where appropriate in an agile manner.
Vodafone Group said: “Providing excellent customer service is
central to Vodafone’s business, and we look to provide a consistent
customer experience across our different regions. As we extend our
advanced gigabit networks, we are further harmonizing our inventory
systems in multiple territories, as well as modernizing and
improving efficiency, with the support of Amdocs, our strategic
partner in this initiative.”
Anthony Goonetilleke, Group President of Technology and Head of
Strategy at Amdocs, said: “Service providers worldwide are
embarking on an accelerated journey to transform their businesses.
Vodafone is a world leader in our industry, and we are proud to
have been chosen to support its vision for the cross-regional
harmonization of its inventory systems, and we look forward to
continue working closely together.”
Supporting Resources
- Learn more about Amdocs network
automation solutions
- Keep up with Amdocs news by
visiting the company’s website
- Follow us on Twitter, Facebook,
LinkedIn and YouTube
About AmdocsAmdocs 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 29,000 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 $4.3 billion in fiscal 2021. For more
information, visit www.amdocs.com
Amdocs’ Forward-Looking StatementThis 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 Amdocs’ filings
with the Securities and Exchange Commission, including in our
Annual Report on Form 20-F for the fiscal year ended September 30,
2021 filed on December 10, 2021, and our Form 6-K furnished for the
first quarter of fiscal 2022 on February 14, 2022.
Media Contacts:
Michael YoudsAmdocs Public RelationsTel: +44 7855 827 038Email:
michael.youds@amdocs.com
Holly AbbottBabel PR for AmdocsTel: +44 (0)7527 521057 Email:
amdocs@babelpr.com / holly.abbott@babelpr.com
Amdocs (NASDAQ:DOX)
Historical Stock Chart
From Jun 2024 to Jul 2024
Amdocs (NASDAQ:DOX)
Historical Stock Chart
From Jul 2023 to Jul 2024