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Amdocs Teams Up With Google Cloud to Modernize CSP Operations
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Amdocs (DOX - Free Report) recently announced a partnership with Alphabet’s (GOOGL - Free Report) cloud arm —Google Cloud — to aid the modernization, automation and digitization of communications companies.
Per the deal, Amdocs’ OSS (operations support system) and BSS (business support system) will be delivered to Google Cloud to develop solutions and services to ease the journey of clients to the cloud. Amdocs’ cloud-native, open and modular solutions combined with a fully-managed Google Cloud will accelerate the cloud transformation journey for communications service providers.
Moreover, it was also revealed that Altice USA (ATUS - Free Report) is one of the first takers of Amdocs and Google Cloud’s joint initiative, and has gone live with Amdocs data and intelligence systems on Google Cloud.
Under the partnership, Amdocs and Google Cloud will also create 5G-edge computing solutions for enterprises and help communication service providers incorporate data and analytics to enhance services and customer experience.
Efforts in Communications Industry Bode Well
Amdocs continues to expand its global client base by signing long-term contracts and collaborating with major telecom industry players worldwide.
Notably, in November last year, AT&T (T - Free Report) partnered with Amdocs to upgrade and modernize its digital business support system. The multi-year managed services agreement is part of AT&T’s business transformation strategy.
Around the same time, another leading U.S. wireless service provider — United States Cellular Corporation — extended its long-term alliance with Amdocs by deploying its digital care solutions across its own network. This allowed U.S. Cellular to digitize online and mobile application-based sales and ordering campaigns, thereby boosting consumer experience with greater automation.
In fiscal 2019, Amdocs reported a record high 12-month backlog of $3.5 billion, which includes key transformation projects with global service providers, such as Comcast, T-Mobile, Altice Portugal and DISH in North America; Vodafone British Telecom and Orange in Europe; América Móvil, Airtel, Telefónica, Telstra, SingTel and Globe in the rest of the world. Such deals are expected to boost the company’s top line.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Image: Bigstock
Amdocs Teams Up With Google Cloud to Modernize CSP Operations
Amdocs (DOX - Free Report) recently announced a partnership with Alphabet’s (GOOGL - Free Report) cloud arm —Google Cloud — to aid the modernization, automation and digitization of communications companies.
Per the deal, Amdocs’ OSS (operations support system) and BSS (business support system) will be delivered to Google Cloud to develop solutions and services to ease the journey of clients to the cloud. Amdocs’ cloud-native, open and modular solutions combined with a fully-managed Google Cloud will accelerate the cloud transformation journey for communications service providers.
Moreover, it was also revealed that Altice USA (ATUS - Free Report) is one of the first takers of Amdocs and Google Cloud’s joint initiative, and has gone live with Amdocs data and intelligence systems on Google Cloud.
Under the partnership, Amdocs and Google Cloud will also create 5G-edge computing solutions for enterprises and help communication service providers incorporate data and analytics to enhance services and customer experience.
Efforts in Communications Industry Bode Well
Amdocs continues to expand its global client base by signing long-term contracts and collaborating with major telecom industry players worldwide.
Notably, in November last year, AT&T (T - Free Report) partnered with Amdocs to upgrade and modernize its digital business support system. The multi-year managed services agreement is part of AT&T’s business transformation strategy.
Around the same time, another leading U.S. wireless service provider — United States Cellular Corporation — extended its long-term alliance with Amdocs by deploying its digital care solutions across its own network. This allowed U.S. Cellular to digitize online and mobile application-based sales and ordering campaigns, thereby boosting consumer experience with greater automation.
In fiscal 2019, Amdocs reported a record high 12-month backlog of $3.5 billion, which includes key transformation projects with global service providers, such as Comcast, T-Mobile, Altice Portugal and DISH in North America; Vodafone British Telecom and Orange in Europe; América Móvil, Airtel, Telefónica, Telstra, SingTel and Globe in the rest of the world. Such deals are expected to boost the company’s top line.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>