Amdocs gets recognition by analyst firms for Innovation in Billing
Amdocs has reportedly said that it has been named as the global market-share leader in the overall billing market by two leading analyst firms. Looking at all related revenue management systems and services, Analysys Mason1 estimates Amdocs’ market share at 23.4 per cent, more than twice the percentage of the vendor that ranked second, while Frost & Sullivan's Stratecast2credits Amdocs with an 18-per cent market share. This is the sixth consecutive year Amdocs was named global market leader by both analyst firms.
“Amdocs has spearheaded innovation in billing for over 30 years. Amdocs’ innovation was recently validated by its demonstration of one of the industry’s first virtualized, real-time charging solution, achieving carrier-grade charging performance that can be translated into significant operational efficiencies and savings for service providers,” said Karl Whitelock, Global Director of OSS BSS strategy at Stratecast | Frost & Sullivan.
According to Analysys Mason, Amdocs provides a complete, integrated product suite supported by market-leading services offerings, and is the only vendor with market-share leadership across all geographical regions. Focussing in their report on the rapid growth in convergent charging implementations, Analysys Mason predicts that the adoption of convergent solutions is inevitable in the medium- and long-term, and has named Amdocs the market-share leader in this sub-segment as well.
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