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Share Name | Share Symbol | Market | Type |
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Amdocs Ltd | NASDAQ:DOX | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 81.05 | 76.90 | 82.01 | 0 | 13:31:50 |
New enhanced services menu, combined with Amdocs CES 10 product portfolio, designed to enable service providers get ahead of the transformation curve
At Mobile World Congress, Amdocs (NASDAQ:DOX), the leading provider of customer experience solutions, today announced an array of new services to help speed service providers’ transition from traditional to digital business models. Designed to enable service providers to thrive in the new world of digital immediacy, the enhanced services complement the company’s latest flagship product portfolio release, Amdocs CES 10 (also announced today), to accelerate the pace of service provider digital transformation.
Amdocs’ enhanced services – which can be used together with, or independently of, Amdocs CES 10 – provide the right strategies, technologies and capabilities to support the cycle of change that service providers must navigate as they evolve from today’s networks to the “digital-first” stance that consumers and businesses demand. The services directly address a need highlighted in recent Amdocs independent research1, which found that service providers believe they are not transforming quickly enough to meet the demands of the digital era. The new services allow service providers to address the key business imperatives for digital success: evolving the customer experience across digital dimensions, creating more diversified businesses, becoming data-empowered, and achieving service agility, including:
“Digital transformation is no longer a choice for service providers – it’s a requirement,” said Eric Updyke, group president of Systems Integration and Operations at Amdocs. “One effect of the digital disruption wrought by non-traditional competitors such as over-the-top players, is the immediacy in which customers expect and receive services and experiences – and service providers are embarking on a digital transformation journey to rise to a new level of customer experience in order to outpace the competition. With Amdocs’ expertise and heritage leading the most challenging transformations, we can accelerate the path to digital. Amdocs is the partner service providers can trust to deliver digital innovation to enable continuous business evolution.”
1 IDC Research was commissioned by Amdocs and published February 2016 - http://www.amdocs.com/news/pages/digital-transformation-in-communications-industry-not-happening-fast-enough.aspx
Supporting Resources
About Amdocs
Amdocs is the market leader in customer experience software solutions and services for the world’s largest communications, entertainment and media service providers. For more than 30 years, Amdocs solutions, which include BSS, OSS, network control, optimization and network functions virtualization, coupled with professional and managed services, have accelerated business value for its customers by simplifying business complexity, reducing costs and delivering a world-class customer experience.
The Amdocs portfolio enables service providers to capture the world of digital immediacy by operating across digital dimensions to engage customers with personalized, omni-channel experiences; creating a diversified business to capture new revenue streams; becoming data empowered to make business and operational decisions based on insight-based and predictive analytics; and achieving service agility to accelerate the fast rollout of new technologies and hybrid network services.
Amdocs and its more than 24,000 employees serve customers in over 90 countries. Listed on the NASDAQ Global Select Market, Amdocs had revenue of $3.6 billion in fiscal 2015.
Amdocs: Embrace Challenge, Experience Success.
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, 2015 filed on December 10, 2015 and our quarterly 6-K form furnished on February 16, 2016.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160222005687/en/
onechocolate communications for Amdocs UKDaniel Couzens / Stacey Jones / Susanna Wood, +44 (0) 207 437 0227Amdocs@onechocolatecomms.co.uk
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