VodafoneZiggo Selects Amdocs to Modernize and Migrate its Monetization Engines to the Cloud, Improving Operational Efficiency and Business Resilience, and Empowering Innovative New Services
Amdocs (NASDAQ:DOX) has announced that VodafoneZiggo, a leading Dutch communications service provider, has chosen Amdocs to modernize and migrate its monetization engines to the public cloud. The agreement includes:
1. Modernizing VodafoneZiggo's monetization engines to cloud-ready and cloud-native solutions
2. Migrating the operator's business support systems environment to the public cloud
3. A two-year extension of the managed services agreement with Amdocs
This migration aims to enhance VodafoneZiggo's business resiliency, improve operational efficiency, and accelerate the launch of innovative services. The cloud transition will provide cost-efficiency, agility, and improved backup and redundancy, supporting VodafoneZiggo's strategy to future-proof its operational landscape and prepare for standalone 5G.
Amdocs (NASDAQ:DOX) ha annunciato che VodafoneZiggo, un importante fornitore di servizi di comunicazione olandese, ha scelto Amdocs per modernizzare e migrare i suoi motori di monetizzazione nel cloud pubblico. L'accordo comprende:
1. La modernizzazione dei motori di monetizzazione di VodafoneZiggo in soluzioni pronte per il cloud e native del cloud
2. La migrazione dell'ambiente dei sistemi di supporto aziendale dell'operatore nel cloud pubblico
3. Un'estensione di due anni dell'accordo sui servizi gestiti con Amdocs
Questa migrazione mira a potenziare la resilienza aziendale di VodafoneZiggo, migliorare l'efficienza operativa e accelerare il lancio di servizi innovativi. La transizione al cloud offrirà efficienza dei costi, agilità e un miglioramento del backup e della ridondanza, supportando la strategia di VodafoneZiggo per rendere a prova di futuro il proprio paesaggio operativo e prepararsi al 5G standalone.
Amdocs (NASDAQ:DOX) ha anunciado que VodafoneZiggo, un destacado proveedor de servicios de comunicación en los Países Bajos, ha elegido a Amdocs para modernizar y migrar sus motores de monetización a la nube pública. El acuerdo incluye:
1. La modernización de los motores de monetización de VodafoneZiggo a soluciones listas para la nube y nativas de la nube
2. La migración del entorno de sistemas de soporte empresarial del operador a la nube pública
3. Una extensión de dos años del acuerdo de servicios gestionados con Amdocs
Esta migración tiene como objetivo mejorar la resiliencia empresarial de VodafoneZiggo, mejorar la eficiencia operativa y acelerar el lanzamiento de servicios innovadores. La transición a la nube proporcionará eficiencia en costos, agilidad y una mejora en el respaldo y la redundancia, apoyando la estrategia de VodafoneZiggo para preparar su paisaje operativo para el futuro y prepararse para el 5G independiente.
Amdocs (NASDAQ:DOX)는 VodafoneZiggo가 네덜란드의 주요 통신 서비스 제공업체로서 Amdocs를 선택해 수익화 엔진을 공용 클라우드로 현대화하고 이전하기로 했다고 발표했습니다. 이 계약에는 다음이 포함됩니다:
1. VodafoneZiggo의 수익화 엔진을 클라우드 준비 및 클라우드 네이티브 솔루션으로 현대화하기
2. 운영자의 비즈니스 지원 시스템 환경을 공용 클라우드로 이전하기
3. Amdocs와의 관리 서비스 계약을 2년 연장하기
이 마이그레이션의 목표는 VodafoneZiggo의 비즈니스 회복력을 강화하고, 운영 효율성을 개선하며, 혁신적인 서비스의 출시를 가속화하는 것입니다. 클라우드 전환은 비용 효율성, 민첩성, 향상된 백업 및 이중화를 제공하여 VodafoneZiggo의 운영 환경을 미래지향적으로 만들고 독립형 5G에 대비할 수 있도록 지원할 것입니다.
Amdocs (NASDAQ:DOX) a annoncé que VodafoneZiggo, un fournisseur de services de communication de premier plan aux Pays-Bas, a choisi Amdocs pour moderniser et migrer ses moteurs de monétisation vers le cloud public. L'accord comprend :
1. La modernisation des moteurs de monétisation de VodafoneZiggo vers des solutions prêtes pour le cloud et natives du cloud
2. La migration de l'environnement des systèmes de support aux entreprises de l'opérateur vers le cloud public
3. Une extension de deux ans de l'accord de services gérés avec Amdocs
Cette migration vise à améliorer la résilience commerciale de VodafoneZiggo, à améliorer l'efficacité opérationnelle et à accélérer le lancement de services innovants. La transition vers le cloud offrira efficacité des coûts, agilité et une meilleure sauvegarde et redondance, soutenant la stratégie de VodafoneZiggo pour préparer son paysage opérationnel pour l'avenir et se préparer au 5G standalone.
Amdocs (NASDAQ:DOX) hat angekündigt, dass VodafoneZiggo, ein führender niederländischer Kommunikationsdienstleister, sich für Amdocs entschieden hat, um seine Monetarisierungs-Engines in die öffentliche Cloud zu modernisieren und zu migrieren. Die Vereinbarung umfasst:
1. Die Modernisierung der Monetarisierungs-Engines von VodafoneZiggo in cloudfähige und cloudnative Lösungen
2. Die Migration der Geschäftssupport-Systemumgebung des Betreibers in die öffentliche Cloud
3. Eine zwei Jahre dauernde Verlängerung des Managed-Services-Vertrags mit Amdocs
Diese Migration hat zum Ziel, die Geschäftswiderstandsfähigkeit von VodafoneZiggo zu erhöhen, die Betriebseffizienz zu verbessern und die Einführung innovativer Dienstleistungen zu beschleunigen. Der Umstieg auf die Cloud wird Kosteneffizienz, Agilität sowie verbesserte Backup- und Redundanzlösungen bieten, um die Strategie von VodafoneZiggo zu unterstützen, seine Betriebslandschaft zukunftssicher zu machen und sich auf unabhängiges 5G vorzubereiten.
- VodafoneZiggo selects Amdocs for cloud migration of monetization engines
- Two-year extension of managed services agreement with Amdocs
- Migration to improve operational efficiency and business resilience
- Cloud transition to support standalone 5G readiness
- Enhanced ability to launch innovative services and customer-focused offerings
- None.
Insights
VodafoneZiggo's decision to modernize and migrate its monetization engines to the public cloud with Amdocs is a strategic move towards digital transformation. This shift will likely result in improved operational efficiency and cost reduction in the long term. The cloud migration, including both Amdocs and non-Amdocs applications, suggests a comprehensive approach to system modernization.
The emphasis on standalone 5G readiness indicates VodafoneZiggo's preparation for future network technologies, potentially leading to new revenue streams and enhanced service offerings. The two-year extension of the managed services agreement demonstrates confidence in Amdocs' capabilities and ensures continuity in operations during this critical transition period.
For investors, this partnership signals VodafoneZiggo's commitment to long-term technological advancement and operational optimization, which could positively impact the company's competitiveness and financial performance in the Dutch telecom market.
This deal represents a significant contract win for Amdocs (NASDAQ:DOX), potentially boosting its revenue and market position in the telecom software sector. The extension of the managed services agreement for two years provides stable, recurring revenue for Amdocs, which is favorable for investors seeking predictable cash flows.
For VodafoneZiggo, while the initial investment in cloud migration may impact short-term financials, the long-term benefits include reduced operational costs, improved scalability and enhanced ability to innovate. This could lead to improved profit margins and competitive positioning in the Dutch market.
Investors should monitor the execution of this cloud migration project, as successful implementation could drive future growth opportunities for both companies. However, potential risks include project delays or integration challenges, which could impact the expected financial benefits.
VodafoneZiggo's move to modernize its monetization engines and migrate to the public cloud aligns with the broader industry trend towards cloud adoption in telecom. This transition is important for enabling 5G monetization and supporting new business models in the evolving telecom landscape.
The focus on cloud-native solutions indicates a shift towards more agile and flexible operations, which is essential for competing in the rapidly changing telecom market. By leveraging public cloud infrastructure, VodafoneZiggo can potentially reduce time-to-market for new services and respond more quickly to customer demands.
The inclusion of both Amdocs and non-Amdocs applications in the migration suggests a holistic approach to digital transformation, which could give VodafoneZiggo a competitive edge in service innovation and customer experience. This comprehensive strategy may set a benchmark for other European telecom operators considering similar transformations.
Netherlands service provider also signs two-year managed services contract extension, building on existing collaboration with Amdocs; cloud migration project will include both Amdocs and non-Amdocs applications
JERSEY CITY, NJ / ACCESSWIRE / August 7, 2024 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced that VodafoneZiggo, one of the Netherlands' leading communications service providers, has selected Amdocs to modernize and migrate its monetization engines to the public cloud. Furthermore, VodafoneZiggo has also extended its managed services agreement with Amdocs for an additional two years, ensuring the operational smooth-running of these mission-critical systems.
Under the agreement, Amdocs will modernize VodafoneZiggo's monetization engines to cloud-ready and cloud-native solutions, and migrate the operator's business support systems environment, including both Amdocs and non-Amdocs applications, to the public cloud. With its scalable, secure, and cost-efficient infrastructure, this migration will lay the foundation for standalone 5G readiness, bolster VodafoneZiggo's business resiliency, and accelerate time to market for innovative new services and offerings.
"Our ongoing partnership with Amdocs to modernize our systems, migrate them to the cloud and drive operational efficiencies is central to our strategy of future-proofing our operational landscape," said Candice Dillon, Chief Information Officer at VodafoneZiggo. "Our transition to the cloud, alongside the operational benefits it brings in terms of cost-efficiency, agility, and enhanced backup and redundancy, will enable us to provide our customers with even more innovative new services and customer-focused offerings."
"We are delighted to extend our relationship with VodafoneZiggo, enabling them to capitalize on the full breadth of 5G service innovation while enjoying the scalability and flexibility of cloud-based monetization platforms," said Anthony Goonetilleke, Group President of Technology and Head of Strategy at Amdocs. "By adopting a robust, future-ready foundation, VodafoneZiggo will be able to deliver even more unique and engaging experiences for its customers."
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 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
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 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, and for the second quarter of fiscal 2024 on May 20, 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
FAQ
What is the purpose of VodafoneZiggo's partnership with Amdocs (DOX)?
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