aia brings a competitive edge to communications and media companies worldwide, enabling intelligence in action
BARCELONA, Spain, Feb. 27, 2017 (GLOBE NEWSWIRE) -- Today at Mobile World Congress, Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, introduces aia.
A video accompanying this release is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/c5a52b79-263f-4c84-8d30-39b76cf99959
aia is an industry-specific digital intelligence platform that implements business logic to automate and modernize a service provider’s business, enabling the ‘self-driving telco’: a business that can auto-adapt, using real-time data to feed processes and take action. The platform combines Amdocs’ extensive domain expertise in managing business processes with state-of-the-art artificial intelligence (AI) and machine learning capabilities from global partners, including cognitive computing services from the IBM Watson platform.
“Imagine a world where your business intuitively understands your customers’ needs and automatically adapts to address them, where service providers embrace cognitive learning within their operational strategies, boosting customer experience, dynamically managing the product catalog and optimizing increasingly complex networks,” said Gary Miles, chief marketing officer at Amdocs. “aia will make that world a reality.”
Amdocs is making high-quality data accessible in real time. This data is used by aia to continuously make predictions, automate decisions, and manage conversations directly with customers. With its self-learning capabilities, aia constantly adapts to changing dynamics, achieving optimal business results. Working across the broad Amdocs portfolio, aia has the ability to enhance more than 50 operational business processes.
“Machine learning and artificial intelligence are becoming increasingly important elements to any communication service provider’s big data strategy, and with its TM-Forum compliant data model1, Amdocs is uniquely positioned to integrate intelligent data into a service provider’s Hadoop-based ecosystem,” said Tom Reilly, chief executive officer at Cloudera, one of the global leaders of modern data management platforms for machine learning and advanced analytics. “This real-time data environment allows them to accelerate and scale their industry-specific digital intelligence programs to ensure that they can greatly improve predictions like customer churn, network failures and even cybersecurity anomaly detection.”
“The relevance of AI for service providers is very real and they get it; the question is how quickly they can act on it,” added Miles. “By injecting intelligence into our portfolio, aia gives them a pragmatic and straightforward way to embrace AI into their business.”
- The Information Framework (SID) is a component of Frameworx, the TM Forum’s blueprint for enabling successful business transformation. It provides standard definitions for all the information that flows through the enterprise and between service providers and their business partners.
Supporting Resources
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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 filed on February 13, 2017.