APPLICATION INFRASTRUCTURE

Frost & Sullivan lauded Openet for its 5G, Open and Cloud-native BSS for Service Providers.

prnewswire | November 03, 2020

Frost & Sullivan lauded Openet for its 5G, Open and Cloud-native BSS for Service Providers.
Based on its recent analysis of the global digital business support system (BSS) market, Frost & Sullivan recognizes Openet, an Amdocs Company, with the 2020 Global Entrepreneurial Company of the Year Award. The company's open source and cloud-native BSS for communication service providers (CSPs) is a testament to its innovative product architecture, proven implementations, and commitment to product enhancements.
"To address the volume, latency, and dynamic needs of 5G applications, Openet products are built using cloud-native principles and are designed to be distributed. They can support flexible deployments at the core and edge. This flexibility allows operators to monetize different features of the network, such as quality of service and latency and explore new opportunities in B2B, IoT, smart cities, and Industry 4.0," said Vikrant Gandhi, industry analyst. "Openet's 5G policy and charging functions are integrated into the service catalogs of existing BSS stacks and the 5G network and provide a 5G Value Plane that links the IT and business functions in CSPs to 5G networks. The Openet 5G Data Bridge facilitates conversion from 4G to 5G and vice versa whereas the Openet Data Fabric aids the integration of all data sources into a common format and processes it to deliver purposeful data sets for specific business needs."
Openet demonstrates its expertise in 5G solutions with the introduction of its Evolved Charging Suite, a cloud-native, real-time system that enables distributed 5G charging. A truly agile system, the suite offers the monetization flexibility and performance characteristics for 5G and hybrid 4G/5G environments that customers desire. The suite supports new business models and hybrid 4G/5G deployments to help CSPs migrate efficiently to full 5G core deployments. In addition, the Openet Policy Controller includes various editable blueprints, which are out-of-box policy templates for automated service and slice lifecycle management.
Openet employs an extensive library of reusable microservices to deliver superior product configurability and accelerate speed to market. Its microservices based offerings can be monetized according to CSPs' preferred commercial models to deliver pricing flexibility and greater value. Significantly, Openet has enabled phased delivery of large digital BSS projects so CSPs can rapidly expand and innovate, while seamlessly updating existing platforms and components. Furthermore, strategic partnerships with leading cloud providers, including AWS and Microsoft Azure, ensure that Openet's virtualized solutions can be deployed universally.
"By implementing Openet's solutions, CSPs have achieved more than 40 percent reduction in time to market for new service offerings. They have also generated an approximate 30 percent hike in offer uptake and experienced a double-digit increase in mobile data revenues," noted Gandhi. "Overall, solution flexibility, thought leadership, and speed to market set Openet apart in a competitive industry and are helping it identify and address customers' unmet needs."
In August 2020 Openet was acquired by Amdocs. With a shared commitment to open, microservices based, cloud-native technology Amdocs and Openet are working together to accelerate the move to the cloud and are enabling CSPs to be able to generate new 5G revenues, open new markets and deliver a richer 5G experience to their customers.
Each year, Frost & Sullivan presents this award to the company that has demonstrated excellence in devising and implementing a robust growth strategy. The recipient exemplifies innovation in products and technologies, leadership in customer value, and speed in response to market needs. The award benchmarking process evaluates emerging market players and recognizes the best practices that position them for future growth excellence.
Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.
About Frost & Sullivan
For over five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.
About Openet
Openet, an Amdocs company, is a leading software and services provider to communications companies. Our deep domain expertise & understanding of complex systems, underpinned by the tenacity and determination of our people, enable us to radically transform how our customers do business, providing best in class digital and 5G business support systems.
In an industry where the only constant is change, our open and innovative technology is built for change. For the last 20 years we have helped the world's most innovative communications companies manage and monetise their business and evolve from communications companies to digital service providers. This gives our customers the power to enter new markets, open new revenue streams and increase profitability.
About Amdocs

Amdocs' purpose is to enrich lives and progress society, using creativity and technology to build a better connected world. Amdocs and its 25,000 employees partner with the leading players in the communications and media industry, enabling next-generation experiences in 85 countries. Our cloud-native, open and dynamic portfolio of digital solutions, platforms and services brings greater choice, faster time to market and flexibility, to better meet the evolving needs of our customers as they drive growth, transform and take their business to the cloud. Listed on the NASDAQ Global Select Market, Amdocs had revenue of $4.1 billion in fiscal 2019.

Spotlight

IT Infrastructure Of The Future : businesses consider aging infrastructure as top IT Priority, data backup is the core issue in business planning, have application migration as Priority, use cloud-based data management solution, have high operational costs as Priority, data backup strategy is in place and reviewed every 6 months.

Related News

Ericsson Prioritizes Digital Infrastructure During COVID-19 Pandemic

Ericsson | May 21, 2020

Mobile telecommunications company Ericsson has advised countries and telecommunication companies to invest in strengthening their digital infrastructures. Ericsson’s network design and optimization response helps service providers handle the changing traffic patterns to sustain high-performing connectivity through a multi-pronged approach. Ericsson presented how the company is working with telecom service providers to manage their networks and face continued changes in traffic patterns during uncertain times. Mobile telecommunications company Ericsson has advised countries and telecommunication companies to invest in strengthening their digital infrastructures during the coronavirus pandemic due to the surge in the use of network-based communication and collaboration tools. Head of Networks at Ericsson Middle East & Africa Chafic Traboulsi during a webinar said efforts to safeguarding and strengthening key digital infrastructures should be key priorities in unforeseen realities as the world is currently experiencing.“During these challenging times, service providers are focusing their attention on solving the myriad of challenges that have been created or exacerbated by the pandemic,” Traboulsi said. It’s critically important to ensure that service providers consider the importance of planning and optimizing their networks. He stated that Ericsson’s network design and optimization response helps service providers handle the changing traffic patterns to sustain high-performing connectivity through a multi-pronged approach which covers an immediate network uplift, planning and dimensioning and a virtual drive test. Traboulsi explained that safeguarding and strengthening key digital infrastructures as well as enabling the continuous development of the underlying technologies such as 5G, IoT, Automation and Artificial Intelligence (AI) will be crucial enablers as service providers emerge from the crisis. Learn more: AS COVID-19 EXACERBATES IT INFRASTRUCTURE CHALLENGES, DBAS EMERGE AS THE UNSUNG HEROES . “Traboulsi explained that safeguarding and strengthening key digital infrastructures as well as enabling the continuous development of the underlying technologies such as 5G, IoT, Automation and Artificial Intelligence (AI) will be crucial enablers as service providers emerge from the crisis.” ~ Traboulsi said The webinar which hosted telecommunication professionals and journalists discussed network capacity, performance and digitization to help service providers gear up for an unprecedented situation presented by the COVID-19 pandemic.Ericsson presented how the company is working with telecom service providers to manage their networks and face continued changes in traffic patterns during uncertain times. Traboulsi explained that reduced mobility forced by lockdown in different countries has changed utilization patterns and caused a high concentration on suburban areas. “Sony reported $21.34 billion in revenues for its game division, with $2.87 billion of operating income,The PlayStation 4 has reached 100 million units sold to date and 94 million monthly active users. ” Fixed and mobile telecommunications networks have experienced major shifts in traffic as more lockdowns mean a decrease of data traffic in urban areas and an increase in suburban and residential areas,” Traboulsi said.He said the lockdown puts a dramatic day-long pressure on home connectivity due to work-from-home, online education and other areas has contributed to the largest share of increased traffic being absorbed by the residential networks.Other factors that have contributed to higher bandwidth demand according to Traboulsi includes videoconferencing, gaming and streaming on major social media networks and video streaming platforms. He stated that 5G can deliver better user experiences even with increased Mobile Broadband (MBB) traffic and enable new gaming experience and applications usage through use cases such as remote classroom environment with Virtual Reality (VR) and holographic interaction for remote workers. On the other hand, Artificial Intelligence and Automation, he said, will be essential to restart the supply chains through manufacturing process automation in connected factories, reducing human exposure risk in transporting goods through connected fleets and self-driving trucks along with a lot of other applications. “Some of these new and improved solutions will play a key role in saving lives, while others will help save businesses, support public health and welfare services, and ease recovery after the crisis. It has made it easier to see beyond the efficiency-related, economic benefits of digitalization and recognize its broader benefits to society and humanity as a whole,” Traboulsi said, Traboulsi said the webinar was Ericsson’s way of staying close to customers and supporting them in managing capacity and performance in the crisis situation. Learn more: HOW TO BACKUP HYPERCONVERGED INFRASTRUCTURE

Read More

Global Hyper-Converged Infrastructure Industry

prnewswire | April 27, 2020

Hyper-Converged Infrastructure market worldwide is projected to grow by US$23.6 Billion, driven by a compounded growth of 31.9%. Hardware, one of the segments analyzed and sized in this study, displays the potential to grow at over 30.8%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$20.1 Billion by the year 2025, Hardware will bring in healthy gains adding significant momentum to global growth.

Read More

COVID-19 Has Accelerated the Long-Due Investments into Digital Infrastructure

Dell | May 25, 2020

Already leaders are talking about investing in large amounts of infrastructure to kick-start the economy, It should include digital infrastructure that will set the next generation up. If there is one thing that COVID-19 has done, it has been to accelerate changes that had already been coming to the way we use technology. Some of the risk can be offset by combining digital with more traditional infrastructure, It ranges from filling-in connectivity gaps through to solving identity and trust issues. If there is one thing that COVID-19 has done, it has been to accelerate changes that had already been coming to the way we use technology. As a result of months of disruption, millions of Australians are much more digitally savvy. We are comfortably engaging with each other through video, we are buying online at levels that we expected to be years in the future and, most importantly, we are engaging with education virtually and learning as much about digital learning as we are about the subjects themselves. There have been more subtle changes too. Worldwide, business and government has been learning to work virtually. The future of work has arrived unexpectedly quickly and we’re not likely to go back to how things were. Jobs that can be done remotely are likely to continue to be more flexible than ever before. The change means that instead of staffing with the best person available onsite, jobs will be available to the best person anywhere. While working virtually, new opportunities for innovation, automation and simplification are being created which will boost productivity and allow for new products and services in the longer term. The move to virtual work means the possibility of accessing new export opportunities. We have a highly skilled workforce who are well regarded across the globe. Contributions that were too hard to make through the tyranny of distance are suddenly open to us. To lock-in the myriad of social, inclusion, education, export and economic benefits that these new digital skills create requires new infrastructure. Digital infrastructure. It ranges from filling-in connectivity gaps through to solving identity and trust issues. Learn more: ARE COMPANIES INVESTING TOO MUCH IN DIGITAL INFRASTRUCTURE? “It is now the moment for countries to fast-track the construction of new digital infrastructure, such as IoT along with AI, in addition to the hastening of vital projects and major infrastructure construction that’s already included in countries.” Challenges included: instructors not properly trained and prepared to deliver online courses. Difficulties in adapting TVET (Technical and Vocational Education and Training) curricula and training to online formats. Lack of access to the internet or ICT (Information and communications technology) equipment to carry out learning or training. Apprentices ready for assessment but who couldn’t be assessed due to COVID-19 issues. Students unable to access the resources necessary to continue their training because they were not familiar with online platforms. Yet, despite these challenges, students, apprentices, providers of TVET, and policy-makers are making the important changes needed when it comes to learning and acquiring skills in times of crisis. ” Our future is a hybrid of physical and digital and needs to include advanced manufacturing which is rich in IP which can be exported to identical fabrication technology in seconds and in production in minutes.” It is a world where learning is supported by digital tools curating the best content from teachers across the country supported by dynamic coaching in-person and digitally. And it is a world where cyber security infrastructure is as pervasive as our defence and police forces.The challenge with investing in digital infrastructure is that it is sometimes hard to see the progress. If a government invests in roads, bridges and buildings then even if there is a cost blowout, there is something useful at the end of it. Technology, on the other hand, is notorious for missed budgets combined with architectural missteps or even obsolescence. However, just because these investments are hard and carry risk, we cannot shy away from them. Nationally important digital infrastructure will disproportionately set up for the future we want to have in the 2030s. After all, history has shown that the most significant investments of the past in the nation’s interests have come with commensurate risk. Digital infrastructure plays a pivotal role in predicting and modelling outbreaks. Take AI-supported services for a lung CT scan: the AI is premeditated to quickly detect lesions of likely coronavirus pneumonia; to measure its volume, shape and density; and to compare changes of multiple lung lesions from the image. This provides a quantitative report to assist doctors in making fast judgements and thus helps expedite the health evaluation of patients. That the government could respond as quickly and in the way it did with JobKeeper, JobSeeker and small business boosts was because of investments made in complex IT systems over the past decade. These systems are examples of critical infrastructure that provide resilience to support the economy and its people. Some of the risk can be offset by combining digital with more traditional infrastructure. Learn more: AS COVID-19 EXACERBATES IT INFRASTRUCTURE CHALLENGES, DBAS EMERGE AS THE UNSUNG HEROES .

Read More

Spotlight

IT Infrastructure Of The Future : businesses consider aging infrastructure as top IT Priority, data backup is the core issue in business planning, have application migration as Priority, use cloud-based data management solution, have high operational costs as Priority, data backup strategy is in place and reviewed every 6 months.