Amdocs CEO: Focus on Customer Experience is Key to Success for Service Providers in 2006
November 15 2005 - 11:17AM
PR Newswire (US)
Amdocs CEO to Discuss the Need to Understand This Authority Shift
Phenomenon at InTouch2005 ATLANTA, Nov. 15 /PRNewswire-FirstCall/
-- (InTouch2005)-- Amdocs (NYSE: DOX), the leading provider of
software and services to enable integrated customer management and
the intentional customer experience(TM), will open today
InTouch2005, a customer summit attended by executives from the
leading telecom, broadband cable, satellite and high tech companies
from around the world. The summit will focus on the imperative of
creating a differentiated customer experience in an increasingly
competitive market being transformed by an authority shift, with
consumers gaining control of what services they want, when and how
they are delivered. More than 250 leaders from companies that
include BT, China Telecommunications Corporation, Comcast,
T-Mobile, Verizon, Vodafone and SBC, will attend this year's
InTouch at the InterContinental Hotel, Buckhead, in Atlanta,
Georgia. The annual event kicks off today and features more than 15
presentations from top telecom, broadband cable, satellite and
other companies, including AT&T, Cingular, SBC, Telindus,
Vodafone Hungary, among others. More information can be found at
http://www.intouch2005.com/. InTouch is held annually and has grown
rapidly to be a top-level industry forum in which executives
exchange views and experiences, and learn from other leaders.
"Amdocs solutions are strategic to our business, so InTouch gets
priority booking in my diary every year," said Chris Hunt,
transformation program manager for BT Wholesale. "I always learn
things that help me improve our operations -- and each year proves
even more valuable than the last. Learning from Amdocs and
networking with others makes InTouch an event I can't afford to
miss." The competitive pressures on service providers are
intensifying. The telecom, broadband cable and satellite industries
continue to converge, revenue from voice services is declining, new
players are entering the market, and consumers now have more choice
and control, including the ability to get more services from a
broader range of providers at a better price than ever before. As a
result, a focus on the customer has emerged as a key way to
compete. "The industry is facing an authority shift. Telecom
carriers used to be able to dictate what information customers
could access, and now customers are making demands," said Dov
Baharav, chief executive officer of Amdocs Management Limited. "In
that environment, you must focus on the customer and create an
intentional customer experience. That is the opportunity to
differentiate your company, to win new customers and secure
existing ones, to fend off competition and to accelerate growth."
The business strategy to help service providers create an
intentional customer experience is integrated customer management
(ICM) -- a way to align technology infrastructure and business
processes around customer needs. Amdocs pioneered ICM, and major
carriers around the world have now adopted ICM as their business
strategy. About Amdocs Amdocs combines innovative software and
services with deep business knowledge to accelerate implementation
of integrated customer management by the world's leading service
providers. By delivering a comprehensive portfolio of software and
services that spans the customer lifecycle, Amdocs enables service
companies to deliver an intentional customer experience(TM), which
results in stronger, more profitable customer relationships.
Service providers also benefit from a rapid return on investment,
lower total cost of ownership and improved operational
efficiencies. A global company with revenue of $2.039 billion in
fiscal 2005, Amdocs employs about 12,000 IT professionals and
serves customers in more than 50 countries around the world. For
more information, visit Amdocs at http://www.amdocs.com/.
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 mobile, wireline and IP
business segments, 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.
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, filed on December 30,
2004 and our Forms 6-K furnished on February 14, 2005, May 16 and
August 15, 2005. Media Contacts: Amdocs Runi Krishnamurty Access
Communications for Amdocs Tel: +1-917-522-3507 E-Mail: DATASOURCE:
Amdocs CONTACT: Runi Krishnamurty of Access Communications for
Amdocs, +1-917- 522-3507, or Web site: http://www.amdocs.com/
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