By Telecom Lead Team: Amdocs,
a provider of customer experience systems, announced that it has been ranked
number one in the global billing market with a 28 percent marketshare,
according to a report by analyst firm Analysys Mason.
After
doing an analysis over 65 vendors, Analysys Mason ranks Amdocs as a market
leader in all regions and service provider service segments such as mobile,
PSTN, broadband, business, as well as the leading vendor in product-related services
revenue.
Service
providers are looking to reduce the risks associated with implementing new
billing solutions. They are choosing vendors that, beyond product leadership,
have a strong service organization or offer pre-integrated solutions, or both. Amdocs’
dominant position in the global billing market is evidence of its strength in
both these areas andshows service providers’ confidence in Amdocs’ ability to
deliver projects successfully,” said Justin van der Lande, lead analyst for
Analysys Mason’s billing research program.
According
to the report, Amdocs’ share in the billing market triples that of the vendor
with the second-largest market share. This is the fifth consecutive year that
Amdocs has been named top vendor in this market.
Our
flagship charging and billing product Amdocs Convergent Charging has broken
industry performance records with its innovative, real-time Turbo Charging
technology. The recent acquisition of policy management vendor, Bridgewater, will allow us to continue
to meet emerging industry needs by offering service providers pre-integrated
charging and policy solutions so that service providers can implement their
data monetization strategies,” said Rebecca Prudhomme, vice president of
product and solutions marketing at Amdocs.
Last
year,
Amdocs acquired Bridgewater Systems Corporation, a publicly held provider of
policy management and network control solutions. Amdocs acquired 25,178,827
common shares of Bridgewater for CAD$8.20 per share in cash, through a wholly
owned, indirect subsidiary of Amdocs.
