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par Amdocs Management Limited

WindTre Goes Live with Monetization Platform in Cloud-Based Modernization with Amdocs

Deployment of 5G-ready solution on Google Cloud will allow the Italian operator to launch and monetize new offerings at speed, supporting future business growth and ensuring an optimized experience for its consumer and enterprise customers

JERSEY CITY, NJ / ACCESSWIRE / May 17, 2023 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced it has completed a modernization project that provides WindTre with a future proof, 5G-ready monetization solution deployed entirely on Google Cloud, enabling the Italian mobile operator to further enhance its agility and time to market for innovative new products and services.

The project, one of the largest telecom monetization implementations to date on Google Cloud, is a key pillar of WindTre's cloud strategy and equips it with an open, dynamic, API-based IT infrastructure that offers improved performance while supporting future business growth.

All WindTre post-paid consumer and enterprise customers, across all lines of business, will be served through the new, converged monetization solution, ensuring an enhanced, unified experience and access to the latest offers and discounts. WindTre will benefit from greater efficiency and reduced operational complexity, while gaining better control of revenue flow, an improved understanding of customer profiles and behavior and access to near real-time billing data.

"At WindTre we're on a mission to give our customers world-class experiences and service," said Carlo Melis, Chief Technology Officer at WindTre. "This project with Amdocs and Google Cloud supports our mission while accelerating our move to the cloud and ensuring we have the flexibility and agility to innovate, launching new offerings at speed. Its completion represents an exciting milestone for WindTre and our customers."

"The decision to adopt cutting-edge, cloud-native platforms to create better connected experiences for customers is a strategically important initiative for any service provider," said Anthony Goonetilleke, Group President of Technology and Head of Strategy at Amdocs. "WindTre understood the massive potential of cohesive, unified experiences to better meet the needs of both consumer and enterprise customers, and we're delighted to have worked with both WindTre and Google Cloud to bring this seamless monetization vision to life."

"Google Cloud is committed to helping telecommunication companies transform by accelerating their growth, competitiveness, and digital journeys," said Don Tirsell, Global Head, Strategic Partnerships, Google Cloud. "In this partnership with Amdocs, we look forward to supporting communication service providers like WindTre in improving their monetization speeds and reducing operational complexities."

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 and our Form 6-K furnished for the first quarter of fiscal 2023 on February 13, 2023.

Media Contacts

Michael Zema
Amdocs Public Relations
Email: michael.zema@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



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