ST. LOUIS, Sept.12, 2017(GLOBE NEWSWIRE) -- Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced Amdocs Network Function Virtualization (NFV) powered by Open Network Automation Platform (ONAP) - a portfolio featuring modular capabilities that accelerate service design, virtualization and operating capabilities on demand.
As the communications and media industry moves from static appliance-based networks to software based, elastic networks, carriers will be increasingly capable of providing services and capacity on demand or based on predictive traffic patterns.Instead of building networks for high peak periods, carriers want to spin them up dynamically to provide better network services in the right locations at lower price points. Service providers using technologies developed in ONAP and its ecosystem of capabilities can provide enterprises the ability to design their own networks as part of a richer set of service features.
Carriers therefore demand network virtualization software that is capacity aware; created using open source technology from ONAP by an impressive system of partners that lead with innovation. Amdocs NFV powered by ONAP is the first and most comprehensive software and services offering that leverages open source networking technology, and can be deployed either locally or in the public cloud using modern DevOps adoption techniques.
As a founding creator of a number of significant modules of ONAP, Amdocs retains first-mover advantage with important modules like Amdocs Service Design and Create to automate service design, and Amdocs Active Inventory for a unified live view of services powered by ONAP. These contributions mean Amdocs has already been working with many early adopter and galaxy operators including work on pragmatic approaches to manage service design and creation, on-boarding of virtualized service functions, monitoring of active inventory in hybrid networks and the continuous, elastic maintenance of the network itself. This addresses the needs of operators seeking adaptable, scalable, software-driven networks based on cloud and microservices technologies.
For testing and verifying virtual services on ONAP's open source platform, Amdocs offers easy deployment of ONAP and a cloud-based hosting environment complemented with pre-defined SD-WAN acceleration kit and administration tools to fast track proof of concepts and use case validation.
"Amdocs brings unique expertise derived from working with ONAP's early adopters, including North American carriers that include Bell, and European carriers such as Orange, to help service providers drive value from virtualization and this offering lays the framework for additional carrier-grade enhancements as the ONAP code matures. Open source brings unparalleled agility and innovation to the market. In such a dynamic environment, it is important that the industry is able to package open source contributions into a mature capability set for live network operations.This is what we have achieved with the Amdocs NFV powered by ONAP professional portfolio," said Gary Miles, general manager at Amdocs."It represents a brand new frontier for the communications and media industry and addresses the many time-to-market challenges facing carriers who want to rapidly launch new virtual services, and gain the future proof advantages of ONAP open source technology today."
"Amdocs' open network partner ecosystem of industry leading vendors has created more than 80 Virtual Network Functions (VNFs), delivering innovative NFV use-cases that speed up complex multi-vendor service deployments. This is complemented by a portfolio of professional services to fast-track NFV strategic planning, implementation and operations/assurance, as well as integration to existing operational and business support systems, essential to commercializing virtual network services for our customers now and in the future."
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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 $3.7 billion in fiscal 2016. 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, 2016 filed on December 12, 2016 and our quarterly 6-K form furnished on February 13, May 22 and August 14, 2017.
Media Contacts:
Linda Horiuchi
Amdocs Public Relations
Tel: +1 (201) 631-6810
E-mail: linda.horiuchi@amdocs.com
Lindsay Noonan
Hotwire PR for Amdocs
Tel: +1 646 790 4753
E-Mail: lindsay.noonan@hotwirepr.com or AmdocsUS@hotwirepr.com
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