Agreement will see Bell Canada moving Amdocs' core systems, including billing, from their on-premise data center to the public cloud

JERSEY CITY, NJ / ACCESSWIRE / August 8, 2023 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced that it's expanding a multi-year business relationship with Bell Canada to migrate core applications to the cloud. This will see Bell moving Amdocs' core systems, including billing, from their on-premise data center to the public cloud.

This transformative move aligns with Bell's strategy to leverage public cloud services, enhancing agility and resiliency while laying a strong foundation for future cloud-first and agile-first transformation efforts. By embracing the cloud-native approach and custom microservices, Bell will gain improved infrastructure architecture, cost efficiency, and time-to-market.

Stephen Howe, Chief Technology & Information Officer at Bell, said: "As we continue to create an agile, cloud-ready environment for our business, we're pleased to continue our long-standing relationship with Amdocs to deliver innovative services and create a great experience for our customers."

Anthony Goonetilleke, Group President of Technology and Head of Strategy at Amdocs, said: "We are pleased to continue our work with Bell as they undergo their cloud transformation and business applications migration. With the adoption of cloud technology, Bell will be able to offer their valued customers seamless connected experiences, while positioning themselves for future growth and innovation."

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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 30,000 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 and for the second quarter of fiscal 2023 on May 22, 2023.

Media Contacts:

Michael Zema
Amdocs Public Relations
E-mail: michael.zema@amdocs.com

Emily Holt
PAN Communications for Amdocs
Email: Amdocs@pancomm.com

SOURCE: Amdocs