STOCK TITAN

Vodafone Ireland Selects Amdocs for Cloud Project to Drive Enhanced Customer Experience

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Amdocs has been selected by Vodafone Ireland to migrate its applications to the cloud, enhancing customer experiences and facilitating future growth. This partnership will transition the Amdocs Customer Experience Suite (CES) from on-premises to the cloud, allowing Vodafone Ireland more flexibility in adopting new 5G innovations. Mairead Cullen, CIO at Vodafone Ireland, emphasized the initiative's importance for agility and responsiveness to customer needs. Amdocs aims to support Vodafone's cloud strategy, which is critical for its growth and customer satisfaction. Amdocs reported revenue of $4.58 billion for fiscal 2022.

Positive
  • Amdocs secured a significant contract with Vodafone Ireland to migrate their applications to the cloud.
  • The cloud migration is expected to enhance customer experience and support Vodafone's future growth and innovation, particularly with 5G.
Negative
  • None.

The agreement, which involves the migration of Amdocs applications to the cloud, will facilitate the Irish operator's future growth and enable it to launch innovative new offerings for its customers

JERSERY CITY, NJ / ACCESSWIRE / February 2, 2023 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced that it has been selected by Vodafone Ireland to transition its infrastructure and application workloads to the cloud, enabling an enhanced customer experience and rapid adoption of the latest 5G innovations.

Under the agreement, Amdocs Customer Experience Suite (CES) will migrate from Vodafone Ireland on-premise to the cloud, providing the Irish operator with greater flexibility and capacity to support its future growth.

"Moving to the cloud is a key part of our strategy as we look to become even more dynamic, agile and responsive to our customers' needs," said Mairead Cullen, Chief Information Officer (CIO) at Vodafone Ireland. "We have a long-standing relationship with Amdocs and we're pleased to be collaborating with them on this important initiative."

"By migrating its IT services infrastructure to the cloud, Vodafone Ireland can ensure it has the foundations in place to achieve growth and further enhance the experience of its customers," said Anthony Goonetilleke, Group President of Technology and Head of Strategy at Amdocs. "We are excited to be taking such a central role in the company's cloud strategy."

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 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 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 such as the COVID-19 pandemic, as well as the current inflationary environment, and the effects of these conditions on the company's clients' businesses and levels of business activity, 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, 2022 filed on December 13, 2022.

Media Contacts

Michael Youds
Amdocs Public Relations
Tel: +44 7855 827 038
Email: michael.youds@amdocs.com

Holly Abbott
Babel PR for Amdocs
Tel: +44 (0)7527 521057
Email: amdocs@babelpr.com / holly.abbott@babelpr.com

SOURCE: Amdocs Management Limited



View source version on accesswire.com:
https://www.accesswire.com/737767/Vodafone-Ireland-Selects-Amdocs-for-Cloud-Project-to-Drive-Enhanced-Customer-Experience

FAQ

What is the agreement between Amdocs and Vodafone Ireland about?

Amdocs will migrate Vodafone Ireland's applications to the cloud, enhancing customer experience and enabling growth.

When was the Amdocs and Vodafone Ireland press release published?

The press release was published on February 2, 2023.

What financial results did Amdocs report for fiscal 2022?

Amdocs reported a revenue of $4.58 billion for fiscal 2022.

How will the cloud transition benefit Vodafone Ireland?

It will provide Vodafone Ireland with greater flexibility and capacity for growth and innovation in 5G services.

What is the stock symbol for Amdocs?

The stock symbol for Amdocs is DOX.

Amdocs Limited

NASDAQ:DOX

DOX Rankings

DOX Latest News

DOX Stock Data

9.99B
114.19M
98.44%
2.49%
Software - Infrastructure
Technology
Link
United States of America
Saint Louis