STOCK TITAN

Amdocs Introduces Next-Generation Fiber Offering to Accelerate and Streamline Fiber Deployment

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags

Amdocs (NASDAQ:DOX) has announced an enhanced fiber offering to accelerate and streamline fiber network deployment. The company, which has designed over 1.2 million fiber route miles globally, has formed a new collaboration with IQGeo to integrate geospatial network lifecycle management software. The enhanced solution promises 30% faster deployment times, 10% or more reduction in cabling and trenching, and significant cost savings in network management through automation and error reduction. The offering includes zero-touch automation capabilities and supports both greenfield and brownfield deployments.

Amdocs (NASDAQ:DOX) ha annunciato un offerta di fibra potenziata per accelerare e semplificare il dispiegamento delle reti in fibra. L'azienda, che ha progettato oltre 1,2 milioni di miglia di fibra a livello globale, ha avviato una nuova collaborazione con IQGeo per integrare il software di gestione del ciclo di vita della rete geospaziale. La soluzione potenziata promette tempi di dispiegamento più rapidi del 30%, una riduzione del cablaggio e della trincea del 10% o più, e significativi risparmi sui costi nella gestione delle reti attraverso l'automazione e la riduzione degli errori. L'offerta include capacità di automazione senza contatto e supporta sia le implementazioni greenfield che brownfield.

Amdocs (NASDAQ:DOX) ha anunciado una oferta de fibra mejorada para acelerar y simplificar el despliegue de redes de fibra. La empresa, que ha diseñado más de 1,2 millones de millas de fibra a nivel mundial, ha formado una nueva colaboración con IQGeo para integrar software de gestión del ciclo de vida de redes geoespaciales. La solución mejorada promete tiempos de despliegue un 30% más rápidos, una reducción en cableado y zanjas del 10% o más, y significativos ahorros de costos en la gestión de redes a través de la automatización y la reducción de errores. La oferta incluye capacidades de automatización sin contacto y soporta tanto implementaciones en terrenos vírgenes como en terrenos ya desarrollados.

Amdocs (NASDAQ:DOX)는 섬유 제공을 강화하여 섬유 네트워크 배포를 가속화하고 간소화한다고 발표했습니다. 전 세계적으로 120만 마일 이상의 섬유 경로를 설계한 이 회사는 IQGeo와의 협력을 통해 지리공간 네트워크 생애 주기 관리 소프트웨어를 통합하고 있습니다. 향상된 솔루션은 30% 더 빠른 배포 시간, 10% 이상의 전선 및 도랑 감소, 자동화 및 오류 감소를 통한 네트워크 관리 비용 절감이라는 약속을 하고 있습니다. 이 제공에는 제로 터치 자동화 기능이 포함되어 있으며, 녹지와 기존 지역 모두에 대한 배포를 지원합니다.

Amdocs (NASDAQ:DOX) a annoncé une offre de fibre améliorée pour accélérer et simplifier le déploiement des réseaux en fibre. L'entreprise, qui a conçu plus de 1,2 million de miles de fibre à l'échelle mondiale, a formé une nouvelle collaboration avec IQGeo pour intégrer un logiciel de gestion du cycle de vie des réseaux géospatiaux. La solution améliorée promet des temps de déploiement 30% plus rapides, une réduction de 10% ou plus dans le câblage et le creusage, et des économies de coûts significatives dans la gestion des réseaux grâce à l'automatisation et à la réduction des erreurs. L'offre comprend des capacités d'automatisation sans contact et prend en charge les déploiements en terrain vierge et en terrain déjà aménagé.

Amdocs (NASDAQ:DOX) hat ein verbessertes Faserangebot angekündigt, um den Ausbau von Glasfasernetzen zu beschleunigen und zu vereinfachen. Das Unternehmen, das weltweit über 1,2 Millionen Meilen Glasfaser entworfen hat, ist eine neue Zusammenarbeit mit IQGeo eingegangen, um Software für das geospatiale Lebenszyklusmanagement von Netzwerken zu integrieren. Die verbesserte Lösung verspricht 30% schnellere Bereitstellungszeiten, eine Reduktion der Verkabelung und Grabungen um 10% oder mehr und signifikante Kosteneinsparungen im Netzwerkmanagement durch Automatisierung und Fehlerreduzierung. Das Angebot umfasst automatisierte Null-Touch-Funktionen und unterstützt sowohl Greenfield- als auch Brownfield-Einsätze.

Positive
  • Proven track record with over 1.2 million fiber route miles designed globally
  • Strategic partnership with IQGeo enhances network management capabilities
  • 30% faster deployment times for fiber rollouts
  • 10%+ reduction in cabling and trenching costs
  • Significant reduction in network management costs through automation
Negative
  • None.

Insights

The enhanced fiber offering represents a significant technological advancement in network infrastructure management. The integration of AI and generative AI-driven automation with IQGeo's geospatial software creates a powerful solution that addresses critical industry pain points. The claimed 30% faster deployment times and 10% reduction in cabling and trenching costs are substantial operational improvements that could positively impact Amdocs' market position.

The zero-touch automation capabilities and unified platform approach show strong potential for recurring revenue growth through service provider adoption. With over 1.2 million fiber route miles designed globally and 40+ service provider relationships, this enhanced offering builds on proven expertise while introducing new efficiency gains that could drive increased market share in the expanding broadband infrastructure sector.

Expanded fiber offering simplifies end-to-end fiber lifecycle management and improves customer experience; includes formation of new collaboration with IQGeo

JERSEY CITY, NJ / ACCESSWIRE / October 30, 2024 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced the next generation of its fiber offering, capitalizing on recent acquisitions in the fiber domain. The enhanced offering introduces a robust framework and advanced automation capabilities to accelerate the planning, design, deployment and operation of fiber networks, yielding more cost-effective deployment for global service providers.

Amdocs has established itself as an industry leader in simplifying and speeding the deployment and management of fiber for more than 40 leading service providers around the world, with:

  • A proven track record of designing over 1.2 million fiber route miles globally

  • A large team of experts, leveraging modern program management tools to deliver faster deployments and maintain accountability throughout the process

  • Superior performance, integrating AI and generative AI-driven automation and real-time decisioning in business and operations support systems, processes and network assurance, to improve customer service efficiency

A newly formed teaming agreement with IQGeo, a developer of geospatial network lifecycle management software for telecom and utility operators, further enhances these capabilities. Amdocs will integrate IQGeo's network management software into its offering, enabling service providers to visualize, update, and manage their network assets in real time, and to automate key aspects of the planning and design process -- driving faster deployment times and reducing the complexity of managing large-scale fiber projects. Selected benefits for service providers include:

  • 30% faster deployment times for fiber rollouts

  • Reduction of cabling and trenching by 10% or more

  • Significant reduction in network management cost by seamlessly integrating existing systems, replacing manual processes and reducing errors & rework

Amdocs' fiber offering will provide zero-touch automation capabilities that streamline complex fiber deployment processes. Service providers will benefit from a unified, future-ready solution that supports both greenfield and brownfield deployments, allowing them to optimize time to market, reduce operational costs, and improve overall network performance.

Referring to the new collaboration, IQGeo CEO Richard Petti said: "We are excited to collaborate with Amdocs to deliver unmatched value to our mutual customers, providing the telecommunications industry with fiber solutions that help broadband operators achieve faster, more efficient fiber network deployment and operations. Together, we will provide integrated software and services and innovative new use cases that are purpose-built for fiber network deployment and operations teams, to drive business growth and thrive for years to come."

"As increasing their share of the growing broadband market with fiber offerings becomes increasingly critical to service providers around the globe, our fiber solutions will help service providers manage fiber deployment from inception to operations," said Anthony Goonetilleke, Group President of Technology and Head of Strategy at Amdocs. "Service providers know that seamless connected experiences matter, and broadband is often critical to creating those experiences. Our enhanced offering, including IQGeo's advanced network management capabilities, will help service providers achieve differentiated experiences for their customers more quickly and efficiently."

Supporting Resources

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 approximately 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 $4.89 billion in fiscal 2023. For more information, visit 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 and years. 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 macro-economic conditions, prevailing level of macroeconomic, business and operational uncertainty, including as a result of geopolitical events or other global or regional events and the COVID-19 pandemic, as well as the current inflationary environment, and the effects of these conditions on the company's customers' businesses and levels of business activity, including the effect of the current economic uncertainty and industry pressure on the spending decisions of the company's customers, 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, our ability to successfully and effectively implement artificial intelligence and Generative AI in the company's offerings and operations 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, 2023 filed on December 13, 2023 and our Form 6-K furnished for the first quarter of fiscal 2024 on February 20, 2024, for the second quarter of fiscal 2024 on May 20, 2024, and for the third quarter of fiscal 2024 on August 19, 2024.

Media Contacts

Michael Zema
Amdocs Public Relations
E-mail: mzema@amdocs.com

Emily Holt
PAN Communications for Amdocs
Email: amdocs@pancomm.com

SOURCE: Amdocs Management Limited



View the original press release on accesswire.com

FAQ

What are the key benefits of Amdocs (DOX) new fiber offering?

Amdocs' new fiber offering delivers 30% faster deployment times, 10%+ reduction in cabling and trenching costs, and significant network management cost savings through automation and error reduction.

How many fiber route miles has Amdocs (DOX) designed globally?

Amdocs has designed over 1.2 million fiber route miles globally.

Who has Amdocs (DOX) partnered with for their new fiber offering?

Amdocs has formed a new collaboration with IQGeo, a developer of geospatial network lifecycle management software for telecom and utility operators.

What types of deployments does Amdocs (DOX) new fiber offering support?

Amdocs' new fiber offering supports both greenfield and brownfield deployments.

Amdocs Limited

NASDAQ:DOX

DOX Rankings

DOX Latest News

DOX Stock Data

10.08B
114.19M
98.28%
2.48%
Software - Infrastructure
Technology
Link
United States of America
Saint Louis