SITA Selects Amdocs to Accelerate Launch and Monetization of New Products for Air Transport Industry
November 08 2022 - 4:05PM
Amdocs (NASDAQ: DOX), a leading provider of software and services
to communications and media companies, today announced that it is
collaborating with SITA, a leading specialist in IT for the global
air transport industry, to modernize SITA’s billing and payments
infrastructure.
The agreement, involving an upgrade of SITA’s current systems,
represents an expansion of the long-standing relationship between
the two companies. It will enable SITA to rapidly launch and
monetize new products and services by reducing time to market and
enabling greater flexibility and agility, while reducing
operational costs.
Implementing Amdocs’ cloud-native digital monetization platform,
which uses open-source technologies, will offer greater scalability
and flexibility while enabling SITA to achieve operational
efficiencies through the ability to manage customer accounts in
multiple countries through a single product.
Headquartered in Geneva, Switzerland, SITA serves around 2,500
customers in 200 countries. The company provides a range of IT,
telecommunication, infrastructure and communication services to
airlines, airports and other air transport customers.
“We’re on a mission to simplify and modernize our IT
infrastructure and this project will accelerate the achievement of
our goals,” said Rene Fourel, Chief Technology Officer at SITA.
“We’re excited to be building on our long-standing relationship
with Amdocs and look forward to reaping the benefits of the
flexible, future-proof digital platform that will be implemented
through this deal, enabling us to harness the power of the public
cloud and open-source technologies.”
“SITA is a leader in mission-critical IT for the air transport
industry that is responsible for the experience of many millions of
consumers. We’re pleased to be working with the company to
transform its business,” said Anthony Goonetilleke, Group President
of Technology and Head of Strategy at Amdocs. “This agreement
enables greater innovation and efficiency, providing the groundwork
for SITA to become an even more agile and dynamic
organization.”
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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 31,000 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 $4.58 billion in fiscal
2022. 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, for the second quarter of fiscal 2022 on May 24,
2022 and for the third quarter of fiscal 2022 on August 15,
2022.
Media Contacts
Michael YoudsAmdocs Public RelationsTel: +44 7855 827 038Email:
michael.youds@amdocs.com
Holly AbbottBabel PR for AmdocsTel: +44 7527 521057 Email:
amdocs@babelpr.com / holly.abbott@babelpr.com
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