Amdocs Continues to Lead the Billing and Convergent Charging Market

Amdocs  

Amdocs was named the global market-share leader in the overall billing market by leading analyst firm Analysys Mason and Frost & Sullivan's Stratecast. Analysys Mason estimates that Amdocs’ holds a total of 23.4 percent market share in revenue management systems while Frost & Sullivan's Stratecast credits Amdocs with an 18 percent market share. Stratecast also highlights developments in the emerging area of network function virtualization (NFV) as a key business driver that can significantly impact growth in the billing and convergent charging market.

 

"Amdocs’ billing solutions are tried and tested, and relied on by many large service providers," said Justin van der Lande, head of the revenue management programme at Analysys Mason. "Amdocs’ continued leadership in this space is also reflected in the confidence the market is showing in its convergent charging solution. Most of the largest service providers we interview who are looking to create a convergent charging solution consider Amdocs as a leader in the market, with a solid track-record in delivering complex projects."

"Amdocs has spearheaded innovation in billing for over 30 years," said Karl Whitelock, global director of OSS BSS strategy at Stratecast | Frost & Sullivan. "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."    Read More ''Amdocs Maintains Global Market-Share Leadership in Overall Billing Market, According to Two Analyst Firms'

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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