This evolution of Amdocs’ MarketONE, along with complex bundling and best-in-class catalog capabilities, opens up new monetization opportunities for communications service providers.
JERSEY CITY, NJ / ACCESSWIRE / January 26, 2023 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced the availability of a subscription marketplace. Already, top-tier communications service providers (CSPs) in North America, Asia and Europe like Virgin Media are working in this market with pre-integrated top-tier partners across media, including gaming, business applications, storage solutions and more. is utilized. – Request an experience from your customers.
The desire for richer experiences is growing. For example, 62% of his gamers plan to use popular cloud gaming services such as GamePass this year, and 78% plan to pay $10 or more per month for his 5G connection and gaming subscription combined. The need for hybrid work and home businesses is growing. At the same time, the current subscription landscape is changing.
Guillermo Escofet, Principal Analyst at Omdia, said: “There is a strong case for services that can provide consumers with a single point of access to various subscription services, facilitate logging in and activating and deactivating services, and offer discounts on the total price of many subscriptions. there is.”
CSPs need to find new ways to make it easier for consumers and businesses to manage new services. While this creates great opportunities, it also brings challenges. For example, partner recruitment, onboarding, management, sales, and marketing with time to monetization, user experience, optimized costs, scalability, service adoption, and rapid engagement with digital vendors. .
Subscription marketplaces are SaaS-based ecosystems with an extended network of pre-integrated digital services ranging from future work, video, gaming, e-learning, sports, retail, security, and business. Enable operators to aggregate and monetize their partners more than ever before. Digital services include top-notch video and music streaming, business essentials, cloud storage his provider, and more.
The Subscription Marketplace allows CSPs to launch complex bundling options beyond the range of products offered in conjunction with the Amdocs catalog. For example, connectivity combined with subscription offerings, which consumers are free to explore. Flexible subscription and payment models and effective digital identity management make it easy to create and streamline experiences.
Anthony Gounethileke, President of Technology and Head of Strategy, Amdocs Group, said: CSPs are ready to serve the wide range of experiences consumers and businesses demand, and can deliver new and best experiences quickly and easily. “
Amdocs will showcase its subscription marketplace and its partner ecosystem at Mobile World Congress Barcelona, February 27-March 2, 2023 in Barcelona.
Amdocs at MWC
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The Amdocs booth is located in Hall 3, Stand 3G10.
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Amdocs showcases vertical industry use cases from the 5G Experience Lab, including live manufacturing demos with Intel.
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Niall Norton, Amdocs General Manager and Amdocs Networks Division President, attends the MWC conference session That’s My Slice! Monday, February 27th
Support resources
About Amdocs
Amdocs helps those who build the future make it great. Our market-leading portfolio of software products and services enables our customers to unlock their transformative potential and deliver next-generation communications and media experiences for both individual end-users and enterprise customers. His 31,000 employees around the world are here to accelerate the migration of service providers to the cloud, enable differentiation in the 5G era, and enable the digitalization and automation of operations. His 2022 revenue for Amdocs, which is listed on the Nasdaq Global Select Market, was $4.58 billion. For more information, please visit www.amdocs.com.
Amdocs Forward-Looking Statements
This press release contains information that constitutes forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Although we believe that the expectations reflected in such forward-looking statements are based on reasonable assumptions, we cannot guarantee that expectations will be achieved or that any deviations will not be material. . Such statements involve risks and uncertainties that could cause future results to differ from expectations. These risks include the impact of general economic conditions, our ability to grow in the business markets Amdocs serves, our ability to successfully integrate acquired businesses, the adverse effects of market competition and rapid technological change. Including but not limited to: Risks associated with making our products and services obsolete, potential loss of key customers, our ability to develop long-term relationships with them, and operating in international markets. Amdocs may choose to update these forward-looking statements at some point in the future. However, we expressly disclaim any obligation to do so. These and other risks are disclosed in Amdocs’ Annual Report on Form 20-F for the fiscal year ended September 30, 2021 filed on December 10, 2021, and in securities transactions, including Form 6. It is discussed in detail in Amdocs’ filings with the Commission. -K for Q1 2022 on 14 February 2022, Q2 2022 on 24 May 2022, Q3 2022 on 15 August 2022, and Q4 2022 on 15 August 2022 Offered November 8, 2022.
media contacts
Michael Zema
Amdocs PR
Email: michael.zema@amdocs.com
Emily Holt
Amdocs PAN Communication
Email: Amdocs@pancomm.com
sauce: Amdocs Management Limited
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