Amdocs 5G Solutions Expand to Accelerate 5G Standalone Networks Experiences and Monetization Opportunities
February 09 2022 - 8:00AM
Amdocs (NASDAQ: DOX), a leading provider of software and services
to communications and media companies, announced the expansion of
its 5G Value Plane offerings to seamlessly serve emerging
5G standalone networks. By embedding cross-network automation
across all aspects of the business, communications service
providers (CSPs) can unlock the full potential of 5G.
While the promise of new 5G use cases and business models are
high, the reality is rushing in as CSPs look for real 5G
monetization opportunities to justify their investments. The
broader potential of 5G lies in the ability to dynamically leverage
the 5G network in different ways, including new automated and
dynamic operations paradigms tailored to specific needs of
applications, partners, and enterprises – evolving from the “one
size fits all” network.
Karl Whitelock, IDC Research Vice President Communications
Service Provider Operations and Monetization said: “There is a lot
to consider regarding the future of 5G networks. When identifying
new use cases, an important point is addressing these opportunities
now – not later – to ensure readiness across the entire business.
To deal with complexities, areas such as orchestration, automation,
AI and machine learning across the network become critical as new
business and monetization opportunities come to light.”
Amdocs’ 5G Value Plane solution expansion integrates
with end-to-end service orchestration to power real-time
business-driven network slice management and orchestration, as well
as dynamic, optimal placement of network functions and AI-driven
autonomous operations across the entire lifecycle. It also drives
new use cases around Network Data Analytics (NWDAF), utilizing
network data to support enhanced automation, closed-loop
operations, self-healing and ensuring the performance of new
monetizable 5G services. The Network Exposure Function (NEF) also
provides a platform for network access and capabilities
“as-a-service,” exposing 5G functionality to a rich partner
ecosystem.
Amdocs’ 5G solutions have consistently expanded to
serve the 5G Value Plane, ensuring communications service
providers can innovate, launch, execute and monetize amazing new
experiences for their customers. With an end-to-end, automated
approach encompassing end-to-end lifecycle management, service and
network orchestration, data analytics, API exposure, policy and
charging, the 5G Value Plane acts as a powerful and distributed
“brain.” It empowers the seamless integration of business, IT,
enterprises, and partners across the 5G network.
Laser-focused on what’s possible with 5G, Amdocs
is working with the 5G Open Innovation Lab and
collaborators like Microsoft to significantly invest in developing
state-of-the-art use cases around such areas like driverless
cars, rural connectivity, food resiliency,
and enterprise. The Lab’s joint effort ensures startups across
a broad spectrum of industries have the expertise they
need to build what’s next in edge computing, setting the
orchestration groundwork for future initiatives that will become
the backbone of our digital society.
Anthony Goonetilleke, Amdocs Group President of Technology and
Head of Strategy, said: “As 5G standalone networks continue to
launch across the globe, there are immense challenges to unlocking
their full potential. Success requires a close linkage between the
business and the network, as well as robust automation
capabilities, to ensure communications service providers can
deliver exceptional experiences for their customers and partners,
as well as flexibly monetize these innovative new services. The 5G
value plane is key to unlocking this opportunity for service
providers.”
Supporting Resources
- Download Amdocs’ 101 5G use cases
ebook
- Learn more about Amdocs’ 5G
offerings
- Keep up with Amdocs news by
visiting the company’s website
- Follow us on Twitter, Facebook,
LinkedIn and YouTube
About Amdocs
Amdocs 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
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 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 1, 2022.
Media Contact:
Michael ZemaAmdocs Public RelationsE-mail:
Michael.Zema@amdocs.com
Emily Holt PAN Communications for Amdocs Email:
Amdocs@pancomm.com
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