Welcome to our dedicated page for Amdocs news (Ticker: DOX), a resource for investors and traders seeking the latest updates and insights on Amdocs stock.
Amdocs Limited (NASDAQ: DOX) is a global leader in customer experience software solutions and services, primarily serving the communications, entertainment, and media industries. With over 30 years of expertise, Amdocs delivers a comprehensive portfolio that includes Business Support Systems (BSS), Operational Support Systems (OSS), network control and optimization solutions, all designed to streamline complex operating environments, reduce costs, and accelerate time-to-market for new products and services.
Core Business and Products:
- Business Support Systems (BSS): Amdocs offers solutions that help service providers manage customer relationships, billing, and revenue generation.
- Operational Support Systems (OSS): These systems support the planning, deployment, and management of telecommunications networks.
- Managed Services: Amdocs provides ongoing support and maintenance for its software solutions, ensuring optimal performance and reliability.
- Cloud-Native Solutions: Amdocs offers open and modular cloud solutions that are scalable and flexible to meet the evolving needs of service providers.
Recent Achievements:
- Subscription Marketplace: Amdocs has expanded its subscription marketplace, enabling A1 Telekom Austria to easily onboard, integrate, and monetize partner services.
- 5G Services: Amdocs is working with Magyar Telekom to modernize their policy control platform, accelerating the introduction of new 5G services.
- Generative AI Integration: At the Mobile World Congress Barcelona, Amdocs showcased CES24 and CES Copilot, leveraging generative AI to enhance service provider capabilities.
- Strategic Collaborations: Amdocs entered into a long-term agreement with DELTA Fiber Nederland to support its monetization systems, and formed an alliance with BMC to promote integrated services offerings.
Financial Performance:
In fiscal 2023, Amdocs reported revenues of $4.89 billion, reflecting its strong market position and robust demand for its solutions. The company continues to demonstrate healthy growth with a record 12-month backlog of $4.23 billion as of the second quarter of fiscal 2024.
Global Reach:
Amdocs operates in over 90 countries and employs approximately 29,000 people worldwide. The company's strong presence in North America, Europe, and other regions underscores its global influence and capability to serve diverse markets.
Future Outlook:
Amdocs is committed to driving innovation in the telecommunications and media industries. With its focus on cloud migration, 5G monetization, and network automation, Amdocs is well-positioned to continue delivering value to its customers and stakeholders.
Rhea-AI Summary
Amdocs (NASDAQ:DOX) collaborates with Vubiquity to manage A+E Networks' VOD Transport & Content Distribution Services, expanding content availability for SVOD and AVOD. Vubiquity's MetaVu technology platform and media supply chain services will oversee content distribution across various VOD platforms, including A&E, Lifetime, The History Channel, LMN, and FYI.
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Amdocs (NASDAQ:DOX) released new research on the current state of streaming and changing consumer preferences around their experience. The findings show that while most Americans are feeling the squeeze of the rising cost of entertainment subscriptions, original content, active experiences like cloud gaming, and more customized offerings can help providers improve overall customer satisfaction.
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Amdocs (DOX) recognized as Design Partner of the Year EMEA winner, awarded by AWS for their innovative solutions and contributions to the communications industry, including the pioneering serverless business support systems SaaS offering on AWS for the communications industry. Amdocs' Digital Brands suite is designed to accelerate time to market for MVNOs and other digital-first operators. The company's partnership with AWS has resulted in the successful launch of Africa's first digital MVNO, Melon Mobile, offering a unique, mobile-centric value proposition and setting up MVNOs in record time.
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Amdocs (NASDAQ:DOX) - DISH (NASDAQ:DISH) Wins Amdocs Innovation Award for Rapid Deployment of Cloud-Native 5G Open RAN Network, Exceeding FCC Commitments to Reach 70% of US Population
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Amdocs (NASDAQ:DOX) chosen as strategic collaborator by Summit Broadband for multi-year business transformation initiative
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Amdocs (NASDAQ:DOX) announces collaboration with Integrated Private Wireless on Amazon Web Services (AWS) to accelerate enterprise network innovation. Amdocs' Mobile Private Network Solutions will be available to AWS customers via the AWS Marketplace, empowering the AWS sales force with expertise in private wireless solutions.
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Amdocs (NASDAQ:DOX) and Vubiquity Chosen by Lionsgate to Move 18,000 Film and TV Titles to Cloud-Based Platform
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Amdocs (DOX) and NVIDIA Collaborate to Optimize Large Language Models (LLMs) for Generative AI Applications in Telecommunications and Media Industries
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Amdocs (NASDAQ:DOX) and VodafoneZiggo extend collaboration with multi-year managed services extension agreement, aiming to enhance customer experiences and streamline operations.
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Amdocs Limited (NASDAQ:DOX) reports record fiscal 2023 revenue of $4.89 billion, up 6.8% YoY as Reported and 7.7% YoY in Constant Currency. Expects fiscal 2024 revenue growth of 1%-5% YoY, with a 10% increase in quarterly cash dividend approved.
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FAQ
What is the current stock price of Amdocs (DOX)?
The current stock price of Amdocs (DOX) is $85.67 as of November 22, 2024.
What is the market cap of Amdocs (DOX)?
The market cap of Amdocs (DOX) is approximately 10.0B.
What services does Amdocs offer?
Amdocs provides software and services for business support systems, operational support systems, network control and optimization, as well as managed services.
What industries does Amdocs serve?
Amdocs primarily serves the communications, entertainment, and media industries.
What are some recent achievements of Amdocs?
Recent achievements include the expansion of its subscription marketplace, modernization of 5G services with Magyar Telekom, and strategic collaborations with DELTA Fiber Nederland and BMC.
What is Amdocs CES24?
CES24 is the latest version of Amdocs Customer Experience Suite, which utilizes generative AI to enhance service provider capabilities across BSS, OSS, and network.
How is Amdocs leveraging AI in its solutions?
Amdocs integrates generative AI through its CES24 suite and CES Copilot, providing advanced capabilities like natural language processing and automated service orchestration.
What is Amdocs' financial performance for fiscal 2023?
Amdocs reported revenue of $4.89 billion for fiscal 2023, showcasing strong market performance and growth.
How many employees does Amdocs have?
Amdocs employs approximately 29,000 people worldwide.
What is Amdocs' geographical presence?
Amdocs operates in over 90 countries, with a significant presence in North America, Europe, and other regions.
What are Amdocs' future plans?
Amdocs aims to drive innovation in cloud migration, 5G monetization, and network automation, continuing to deliver value to its customers.
Where can I find more information about Amdocs?
More information can be found on Amdocs' official website, www.amdocs.com.
Amdocs Limited
Nasdaq:DOX
DOX Rankings
DOX Stock Data
9.99B
114.19M
98.44%
2.49%
Software - Infrastructure
Technology
United States of America
Saint Louis