Amdocs First to Announce a 5G-Ready Online Charging System for Communications and Media Companies
January 17 2018 - 6:00AM
Amdocs (NASDAQ:DOX), a leading provider of software and services to
communications and media companies, today was first in the industry
to announce a 5G-ready online charging system. This new solution
enables service providers to process traffic from multiple network
slices through a common online charging system, in accordance with
the 5G standards guidelines1 published by 3GPPTM in December 2017.
Network slicing is a key capability in 5G networks, as it allows
service providers to run multiple logical networks that meet the
varying performance needs of different services – from eHealth and
autonomous vehicles, which demand the lowest possible latency, to
less-critical but bandwidth-demanding virtual and augmented reality
applications.
The latest release of Amdocs’ market-leading digital
monetization suite provides a centralized charging entity for the
monetization of all service configurations made possible by network
slicing. It includes an innovative isolation mechanism that ensures
the level of activity in one network slice does not impact another.
Deployed in the cloud with the OpenStack cloud framework, the
solution provides the elasticity to scale on-demand in support of
changing activity levels.
“Our customers are leading the way in the industry’s transition
to 5G, which will serve as the backbone for a new generation of
services that require the higher bandwidth, lower latency and
greater agility that 5G provides,” said Anthony Goonetilleke, group
president of Amdocs Technology. “As such, we have developed the
latest version of our Digital Monetization suite to help them
monetize the advanced product configurations that network slicing
enables. It will also help them ensure that a customer connected to
a 24/7 vital eHealth service, delivered over one network slice, is
not impacted by an overload of events from another network slice
streaming a live football match.”
“We are happy 3GPP has adopted guidelines that are consistent
with the direction we have taken with our portfolio. This ability
of our online charging system to support multiple network slices,
coupled with its deployment in the cloud with the OpenStack cloud
framework, is going to be critical to agility and the customer
experience in 5G environments,” added Goonetilleke.
1 3GPPTM standards guidelines 32.899: “Study on charging aspects
of 5G system architecture phase 1”, December 2017; 3GPP is a
trademark of ETSI
Supporting Resources
- Meet Amdocs at Mobile World Congress (Hall 3, Stand 3G10) to
see a demonstration of our 5G Monetization capabilities and our 5G
Network Slicing ready OCS
- Learn more about Amdocs’ digital monetization for 5G
- Keep up with Amdocs news by visiting the company’s website
- Subscribe to Amdocs’ RSS Feed and follow us on Twitter,
Facebook, LinkedIn and YouTube
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.
Media Contacts:
Linda HoriuchiAmdocs Public RelationsTel: +1 (201)
631-6810E-mail: linda.horiuchi@amdocs.com
Jenn HeadleyHotwire PR for AmdocsTel: +1 (212) 897-2156E-mail:
jennifer.headley@hotwireglobal.com or AmdocsUS@hotwirepr.com
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