Collaboration with Amdocs partner Continual sees widespread industry momentum with several key customer wins this year
ST. LOUIS, July 09, 2020 (GLOBE NEWSWIRE) -- Amdocs (NASDAQ: DOX), a leading provider of software and services to communications and media companies, today announced that it has seen rapid growth in 2020 amongst Communication Service Providers (CSPs) for solutions with mobility experience analytics. Part of Amdocs’ partner ecosystem, Continual, a leading provider of connected car and subscriber mobility experience analytics, has been working closely with Amdocs to deliver innovative and complementary solutions to optimize the network experience of connected cars and subscribers in mobility, to a number of major operators in Europe and North America, including the previous public Vodafone announcement here.
The collaboration is providing the communications industry with a unique view of its customers’ experience across transportation routes and enables CSPs to improve customer experience on the move. Amdocs and Continual are working to shape the connected society by leveraging IoT and supporting CSPs as they enter the connected cars domain, one of the most rapidly growing use cases for 5G networks.
Greg (Giora) Snipper, CEO of Continual, said: “Together with Amdocs, we are providing a route for CSPs around the world to enhance their customers’ network connectivity when mobile, improving mobility experience for mobile subscribers around the world. Our recent successes as a result of the collaboration prove that there is growing recognition among mobile network operators of the effectiveness of the joint solution in optimizing and enhancing mobility experience.”
Gary Miles, CMO at Amdocs, said that: “CSPs are continually looking to enrich their customer experience and enable the best quality of service over their networks and working together with Continual we are proud to be providing the industry with the ability to deliver optimized network access to customers on the move. The number of successes this year has been remarkable, and we look forward to working closely with our partner ecosystem to bring exciting new innovative services to the industry.”
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Amdocs’ purpose is to enrich lives and progress society, using creativity and technology to build a better connected world. Amdocs and its 25,000 employees partner with the leading players in the communications and media industry, enabling next-generation experiences in 85 countries. Our cloud-native, open and dynamic portfolio of digital solutions, platforms and services brings greater choice, faster time to market and flexibility, to better meet the evolving needs of our customers as they drive growth, transform and take their business to the cloud. Listed on the NASDAQ Global Select Market, Amdocs had revenue of $4.1 billion in fiscal 2019. 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, the duration and severity of the COVID-19 pandemic, and its impact on the global economy, 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, Amdocs 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, 2019 filed on December 16, 2019 and our Form 6-K furnished for the first quarter of fiscal 2020 on February 18, 2020 and for the second quarter of fiscal 2020 on May 18, 2020.
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