Amdocs First to Announce a 5G-Ready Online Charging System for Communications and Media Companies
ST. LOUIS, Jan. 17, 2018 (GLOBE NEWSWIRE) -- Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today was first in the industry to announce a 5G-ready online charging system. This new solution enables service providers to process traffic from multiple network slices through a common online charging system, in accordance with the 5G standards guidelines1 published by 3GPPTM in December 2017.
Network slicing is a key capability in 5G networks, as it allows service providers to run multiple logical networks that meet the varying performance needs of different services – from eHealth and autonomous vehicles, which demand the lowest possible latency, to less-critical but bandwidth-demanding virtual and augmented reality applications.
The latest release of Amdocs’ market-leading digital monetization suite provides a centralized charging entity for the monetization of all service configurations made possible by network slicing. It includes an innovative isolation mechanism that ensures the level of activity in one network slice does not impact another. Deployed in the cloud with the OpenStack cloud framework, the solution provides the elasticity to scale on-demand in support of changing activity levels.
“Our customers are leading the way in the industry’s transition to 5G, which will serve as the backbone for a new generation of services that require the higher bandwidth, lower latency and greater agility that 5G provides,” said Anthony Goonetilleke, group president of Amdocs Technology. “As such, we have developed the latest version of our Digital Monetization suite to help them monetize the advanced product configurations that network slicing enables. It will also help them ensure that a customer connected to a 24/7 vital eHealth service, delivered over one network slice, is not impacted by an overload of events from another network slice streaming a live football match.”
“We are happy 3GPP has adopted guidelines that are consistent with the direction we have taken with our portfolio. This ability of our online charging system to support multiple network slices, coupled with its deployment in the cloud with the OpenStack cloud framework, is going to be critical to agility and the customer experience in 5G environments,” added Goonetilleke.
1 3GPPTM standards guidelines 32.899: “Study on charging aspects of 5G system architecture phase 1”, December 2017; 3GPP is a trademark of ETSI
Supporting Resources
- Meet Amdocs at Mobile World Congress (Hall 3, Stand 3G10) to see a demonstration of our 5G Monetization capabilities and our 5G Network Slicing ready OCS
- Learn more about Amdocs’ digital monetization for 5G
- Keep up with Amdocs news by visiting the company’s website
- Subscribe to Amdocs’ RSS Feed and follow us on Twitter, Facebook, LinkedIn and YouTube
About Amdocs
Amdocs is a leading software and services provider to the world’s most successful communications and media companies. As our customers reinvent themselves, we enable their digital and network transformation through innovative solutions, delivery expertise and intelligent operations. Amdocs and its 25,000 employees serve customers in over 85 countries. Listed on the NASDAQ Global Select Market, Amdocs had revenue of $3.9 billion in fiscal 2017. For more information, visit Amdocs at 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. 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 economic conditions, 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, the Company specifically disclaims any obligation to do so. These and other risks are discussed at greater length in the Company's filings with the Securities and Exchange Commission, including in our Annual Report on Form 20-F for the fiscal year ended September 30, 2017 filed on December 11, 2017.
Media Contacts:
Linda Horiuchi
Amdocs Public Relations
Tel: +1 (201) 631-6810
E-mail: linda.horiuchi@amdocs.com
Jenn Headley
Hotwire PR for Amdocs
Tel: +1 (212) 897-2156
E-mail: jennifer.headley@hotwireglobal.com or AmdocsUS@hotwirepr.com