Amdocs launched Amdocs 7, the first industry-specific software suite that allows service
providers to offer their customers the benefits of access to any service,
over any network, at any time and on any device, which is made possible by
the move to next-generation networks and the convergence of voice, video,
data, content, and entertainment. Results of a survey commissioned by
Amdocs, indicate that providers expect big
revenue jumps from such convergent services and plan to boost spending to
deliver a superior customer experience.
With revenue from convergent services expected to grow more than 20
percent over the next two years, the modular Amdocs 7 suite will make it
easier and more cost-effective for telecoms, broadband cable and satellite
providers to launch these next-generation services, bundle them, offer
incentive pricing to customers, capture and fulfill complex orders, assure
quality and accuracy, and focus on the customer experience. The
announcements were made here at a thought leadership forum hosted by Forbes
magazine and Amdocs entitled, "Customer Experience Innovation: Ensuring
leadership and profitability in an age of convergence."
For the first time in the industry, Amdocs 7 offers a single platform
capable of supporting the complex requirements of traditional and next-
generation video, voice and data services -- regardless of the access
method, device, payment method, or the network over which the service is
delivered, including IP Multi-media Subsystem or IMS.
"Convergence represents an enormous opportunity for service providers,"
said Michael Matthews, chief marketing officer of Amdocs. "However, to
offer these new services, including services developed and delivered by
partners, providers must make sizable investments in technology
infrastructure. They must also transform the way they do business. The new
Amdocs 7 has built-in capabilities to reduce the risk associated with
evolution of business support and operations support systems - BSS and OSS.
Combined with Amdocs' comprehensive services and deep industry expertise,
this makes Amdocs the natural choice for service providers navigating this
complex transformation."
"The ability of the consumer to get services through any channel,
network or device drives the notion of convergence," said Elisabeth Rainge,
director, Next-Generation OSS and Billing, IDC. "In this consumer-driven
market, service providers' success is based on their ability to easily
develop and deliver new services and bundled services, and their ability to
place a great deal of emphasis on the consumers' experience of not only the
next-generation services, but how the service provider interacts with them.
Amdocs 7 brings to service providers a new set of capabilities to provide a
superior customer experience and to profit from the move toward
convergence."
The new Amdocs 7 suite, Amdocs Qpass Digital Commerce Solution and
Amdocs Cramer OSS suite make up the comprehensive Amdocs portfolio. The
portfolio spans the critical business processes service providers must
transform as they move to convergence - these include customer-facing BSS,
such as billing, CRM, self-service, settlements, and digital commerce
management, and network-facing OSS, such as customer assurance, service
fulfillment and inventory management.
The Amdocs 7 suite allows service providers to profit from a low-risk
evolution to next-generation networks and convergent services, while
dramatically lowering their cost of operations. The suite extends Amdocs
integration and industry-specific functional leadership and debuts a number
of unique innovations, including:
- Amdocs Foundation -- a powerful set of open frameworks for unified
information, operation, integration, and application management across
the suite, based on service-oriented architecture (SOA) principles and
adhering to industry standards such as Enhanced Telecom Operations Map
(eTOM) and Shared Information/Data Model (TMF/SID). Among its
components, Amdocs Foundation includes a common offer catalog across
Amdocs CRM, billing and ordering products, a Customer Information Hub
to provide a single view of the customer, and an Integration Framework
to facilitate interoperability with third-party applications. These
advancements help lower service providers' total cost of ownership
while ensuring an improved customer experience and more relevant and
profitable customer interactions.
- Amdocs Enterprise Product Catalog -- deployed as part of the Amdocs 7
suite or independently, this innovative new product enables centralized
product lifecycle management by employing role-specific user interfaces
and by applying Master Data Management (MDM) principles to readily link
all enterprise systems involved in the creation of service offerings.
Centralized management of this critical process lowers costs and speeds
time to market for convergent and bundled offerings.
- Amdocs B/OSS Manager -- the core of the Amdocs integrated fulfillment
and assurance platform, B/OSS Manager enables end-to-end visibility and
process convergence across BSS and OSS. It offers a single integrated
platform to manage critical customer-centric processes such as ordering
and fulfillment.
- Customer Management Optimized for Convergence -- by creating connectors
to third-party business intelligence and marketing automation
platforms, Amdocs 7 delivers intelligence that providers can act upon,
such as likelihood to churn or customer profitability across all
interaction channels. In addition, by giving customers enhanced, multi-
channel self-service capabilities, consumer and business customers can
manage their own accounts, order new convergent services or content on
demand, or request a credit -- via phone, Web, and now even digital
interactive TV.
- Revenue Management for 'Any-Play' Services -- Amdocs 7 offers the
industry's first comprehensive product set for convergent real-time
service mediation, billing and settlements for mobile and fixed
telecom, and cable and satellite providers, including multi-affiliate
and intercontinental providers. This includes support for 'any-play'
services, any charging method (pre-paid, post-paid and hybrid), any
partner type (content, roaming and interconnect) and any customer type
(residential, small business and enterprise).
Service Providers Anticipate Big Revenue Gains from Convergence, Amdocs
Survey Finds
The results of the survey commissioned by Amdocs underscore the
business imperative to profit from convergence:
- Revenue from new communications and content delivery technologies is
expected to rise significantly over the next two years.
- Eight out of 10 service providers are forecasting revenue increases for
Internet protocol (IP) based services, including voice over IP (VoIP)
phone service, IPTV and video content.
- The average expected revenue increase is 35 percent in the next two
years for VoIP, and 28 percent revenue growth for IPTV.
- Video content revenue is expected to rise 23 percent in that period.
The survey also found that service providers are investing heavily in
the infrastructure to offer new types of services and to improve the
customer's experience:
- Some 75 percent of service providers are forecasting a 33 percent
increase in network infrastructure spending over the next two years.
Investment in product development will rise at a similar rate.
- Two thirds of companies surveyed forecast an increase in spending on
customer service enhancement initiatives, with an average increase of
31 percent.
- When asked their opinion about specific business priorities, 72 percent
of respondents agreed strongly that customers are demanding a seamless
experience for all products and services.
Survey respondents included 200 decision makers from Tier 1 and Tier 2
telecommunications, broadband cable and satellite companies and mobile
virtual network operators (MVNOs) in the U.S., U.K. and Canada. Amdocs
commissioned Frost & Sullivan to conduct the survey.