KT Transforms Charging Operations with Amdocs Enabling Rapid Service Introduction
May 09 2017 - 4:05PM
Amdocs (NASDAQ:DOX), a leading provider of software and services to
communications and media companies, today announced that KT
Corporation, the largest quad-play service provider in South Korea,
is live with a single real-time convergent charging system and a
single product catalog from Amdocs in support of all of its lines
of business. As a result, KT can rapidly introduce personalized and
contextualized quad-play services and shared data plans across
fixed, mobile, broadband Internet and digital television offerings.
KT will be enhancing the 4G LTE experience it offers its customers,
while reducing total cost of systems ownership.
Set to consolidate and modernize KT’s disparate charging
operations, the project is being rolled out under a multi-year
services contract and was initially deployed to support KT’s more
than 30 million postpaid wireless and fixed-line customers. Amdocs
carried out extensive systems testing and tuning in collaboration
with KTDS, KT’s IT organization. As a result, the two companies
were able to ensure the best systems performance upon go live and
successfully migrate the 30 million customers in their entirety to
the new systems overnight, with no impact to service quality.
“We chose Amdocs for the strength of their convergent charging
solution, proven at tier-one operators around the world – as well
as for their dedicated professional services and business process
best practices,” said Jeong-Min Woo, senior vice president, BSS
Transformation TF, CIO Office at KT. “We’ll be able to quickly
launch exciting new offerings, enabling real-time digital
experiences for our customers, while maximizing the return on our
LTE and future 5G network investments.”
“KT can now leverage analytics to deliver the services customers
truly want in the digital era, including shared price plans
spanning multiple devices, personas and hierarchies, and real-time
notifications, helping to prevent bill shock,” said Gary Miles,
chief marketing officer at Amdocs. “This will make KT stand out in
terms of the customer experience it can offer the South Korean
market, which is one of the most advanced in the world.
Amdocs has a strong focus on Asia Pacific and has been active in
the region for over 15 years, serving many of the area’s leading
service providers.
As part of the project, Amdocs delivered its Convergent Charging
product. Amdocs Convergent Charging is designed to support the
demands of the digital world with a cloud-ready architecture,
real-time event processing and an operational database based on
advanced, big data NoSQL technology for storing more data for
longer and at lower costs. Amdocs also delivered its Master
Enterprise Catalog and Charging Business Analytics solution,
third-party hardware and software, as well as implementation,
testing, training and support and maintenance services for both
Amdocs and non-Amdocs systems.
Supporting Resources
- Find out which charging capabilities service providers are
prioritizing as part of their digital transformation according to a
new IDC report conducted for Amdocs
- Amdocs has been recognized as the global market share leader in
the Convergent Charging segment; Learn more about Amdocs Convergent
Charging
- Learn more about Amdocs’ professional services
- Keep up with Amdocs news by visiting the company’s website
- Subscribe to Amdocs’ RSS Feed and follow us on Twitter,
Facebook, LinkedIn and YouTube
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 furnished on February 13, 2017.
Media Contact:
Austin Weedfall
Hotwire PR for Amdocs
Tel: +1 646-790-4737
E-Mail: austin.weedfall@hotwirepr.com
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