Vodafone Italy Extends and Expands Relationship with Amdocs to Modernize and Migrate its Systems to the Cloud, Improving Operational Efficiency and Empowering New Innovative Services
Amdocs (NASDAQ:DOX) has announced a five-year extension of its strategic collaboration with Vodafone Italy. The new agreement focuses on modernizing Vodafone's business platform to cloud-ready and cloud-native solutions, including migration to Microsoft Azure cloud. Following the successful completion of their business support systems transformation, this extension aims to enhance operational efficiency, reduce costs, and enable faster delivery of high-quality services. The collaboration will support Vodafone Italy's ongoing IT systems modernization, improving customer experience and time to market for new offerings.
Amdocs (NASDAQ:DOX) ha annunciato un'estensione di cinque anni della sua collaborazione strategica con Vodafone Italia. Il nuovo accordo si concentra sulla modernizzazione della piattaforma commerciale di Vodafone, rendendola pronta per il cloud e nativa per il cloud, inclusa la migrazione verso il cloud di Microsoft Azure. A seguito del successo nella trasformazione dei loro sistemi di supporto aziendale, questa estensione mira a migliorare l'efficienza operativa, ridurre i costi e consentire una consegna più rapida di servizi di alta qualità. La collaborazione supporterà la continua modernizzazione dei sistemi IT di Vodafone Italia, migliorando l'esperienza del cliente e il time to market per le nuove offerte.
Amdocs (NASDAQ:DOX) ha anunciado una extensión de cinco años de su colaboración estratégica con Vodafone Italia. El nuevo acuerdo se centra en la modernización de la plataforma comercial de Vodafone hacia soluciones preparadas para la nube y nativas de la nube, incluida la migración a la nube de Microsoft Azure. Tras la exitosa finalización de la transformación de sus sistemas de soporte empresarial, esta extensión tiene como objetivo mejorar la eficiencia operativa, reducir costos y permitir una entrega más rápida de servicios de alta calidad. La colaboración respaldará la modernización continua de los sistemas de TI de Vodafone Italia, mejorando la experiencia del cliente y el tiempo de lanzamiento al mercado de nuevas ofertas.
Amdocs (NASDAQ:DOX)는 Vodafone Italia와의 전략적 협력 관계를 5년간 연장한다고 발표했습니다. 새로운 계약은 Vodafone의 비즈니스 플랫폼을 클라우드 준비 및 클라우드 네이티브 솔루션으로 현대화하는 데 중점을 두고 있으며, Microsoft Azure 클라우드로의 마이그레이션을 포함합니다. 비즈니스 지원 시스템 변환의 성공적인 완료 이후, 이번 연장은 운영 효율성을 개선하고, 비용을 절감하며, 고품질 서비스의 신속한 제공을 가능하게 하는 것을 목표로 합니다. 이 협력은 Vodafone Italia의 IT 시스템 현대화를 지속적으로 지원하여 고객 경험과 새로운 서비스 출시 속도를 향상시킬 것입니다.
Amdocs (NASDAQ:DOX) a annoncé une prolongation de cinq ans de sa collaboration stratégique avec Vodafone Italie. Le nouvel accord se concentre sur la modernisation de la plateforme commerciale de Vodafone vers des solutions prêtes pour le cloud et natives du cloud, y compris la migration vers le cloud Microsoft Azure. Suite à l'achèvement réussi de la transformation de leurs systèmes de support aux entreprises, cette prolongation vise à améliorer l'efficacité opérationnelle, à réduire les coûts et à permettre une livraison plus rapide de services de haute qualité. La collaboration soutiendra la modernisation continue des systèmes informatiques de Vodafone Italie, améliorant l'expérience client et le délai de mise sur le marché des nouvelles offres.
Amdocs (NASDAQ:DOX) hat eine fünfjährige Verlängerung seiner strategischen Zusammenarbeit mit Vodafone Italien angekündigt. Die neue Vereinbarung konzentriert sich darauf, die Geschäftsplattform von Vodafone auf cloudbereite und cloudnative Lösungen zu modernisieren, einschließlich der Migration zu Microsoft Azure Cloud. Nach dem erfolgreichen Abschluss der Transformation ihrer Geschäftssupportsysteme zielt diese Verlängerung darauf ab, die Betriebseffizienz zu steigern, Kosten zu senken und eine schnellere Bereitstellung von hochwertigen Dienstleistungen zu ermöglichen. Die Zusammenarbeit wird die fortlaufende Modernisierung der IT-Systeme von Vodafone Italien unterstützen und das Kundenerlebnis sowie die Markteinführungszeit neuer Angebote verbessern.
- Five-year extension of strategic collaboration secured with major client Vodafone Italy
- Expansion of services to include cloud migration and modernization
- Successfully completed previous business support systems transformation
- Partnership includes implementation of cost-reduction initiatives
- None.
Insights
This cloud migration and modernization deal marks a significant strategic win for Amdocs, deepening its relationship with a major European telecom provider. The five-year extension provides stable, long-term revenue visibility and strengthens DOX's position in the telecom BSS market.
The agreement encompasses three key value drivers: cloud migration to Microsoft Azure, modernization of business support systems and ongoing IT system support. Cloud migration projects typically command higher margins and create opportunities for additional service revenue streams. Vodafone Italy's commitment to cloud transformation signals potential similar deals with other Vodafone Group operators.
The deal's focus on operational efficiency and cost reduction aligns with current telecom industry priorities, positioning Amdocs well for similar contracts. The successful completion of the previous BSS transformation project demonstrates strong execution capabilities and increases confidence in future delivery.
Following successful completion of its business support systems transformation, expansion and extension of existing agreement supports Vodafone Italy's commitment to bringing next-generation services and experiences to its customers
JERSEY CITY, NJ / ACCESSWIRE / November 12, 2024 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced a five-year extension of its strategic collaboration with Vodafone Italy. Under the new agreement, Amdocs will modernize the Italian service provider's business platform to cloud-ready and cloud-native solutions, and migrate the operator's business support systems environment to the Microsoft Azure cloud.
Designed to empower Vodafone Italy to deliver faster, high-quality and next-generation services and experiences to its customers, this new collaboration will also enable the service provider to enhance operational efficiency and reduce costs. As part of the project, Amdocs will also continue to support Vodafone Italy's ongoing modernization of its IT systems.
"Following the successful completion of our business support systems transformation, well executed in partnership with Amdocs, our extended collaboration, will allow us to move confidently to the cloud and introduce innovative services to the market more swiftly, enhancing the customer experience and improving time to market for new offerings," said Ignacio Garcia, Chief Information Officer at Vodafone Italy. "This shift not only supports our recent transformation efforts but also enables us to focus on a steady-state, business-as-usual operation that aligns with our growth objectives and vision for the future."
"With Vodafone Italy's vision to significantly improve customer experience and their ambitious cloud strategy, our solution - designed in close collaboration with Vodafone Italy's business and IT teams - will enable them to execute this vision with agility and at scale," said Anthony Goonetilleke, Group President of Technology and Head of Strategy at Amdocs. "We're proud to deepen our collaboration with Vodafone Italy and look forward to playing a vital role in their cloud journey as they deliver even more unique and engaging experiences for their end users."
Supporting Resources
Keep up with Amdocs news by visiting the company's website
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 28,000 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
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 regional events, 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
Mario Hajiloizi
Amdocs Public Relations
E-mail: mario.hajiloizi@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 the original press release on accesswire.com
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