prnewswire | November 03, 2020
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.
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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.
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.
prnewswire | November 12, 2020
At the 11th Annual Mobile Broadband Forum today, Huawei's Deputy Chairman Ken Hu spoke with leaders in the telecoms and digital technology sectors about the new value that 5G can bring to different industries around the globe. As 5G is poised to transform the way we live, connect, and work, the telecoms sector is deeply invested in creating more value beyond the consumer market. Global 5G rollout is progressing quickly. As a leader in this domain, China has already seen over 600,000 base stations deployed in more than 300 cities, supporting more than 160 million 5G connections across the country. 5G services in China now deliver speeds in the hundreds of Mbps, and a wide array of 5G services have already been implemented in more than 20 domestic industries, including healthcare, ports, steel, power grids, mining, and manufacturing.
BAI Communications | October 21, 2021
Sunderland, United Kingdom is set to have next generation 5G mobile infrastructure, putting it on track to become one of the UK's most advanced smart cities, it has been announced today.
Sunderland City Council has awarded a 20-year strategic partnership to BAI Communications to design, build and operate next generation digital infrastructure including a private 5G small cell network. The project is the next step on Sunderland City Council's journey to achieve its global smart city ambition, having been awarded the UK Smart City of the Year 2020 accolade and Connected Britain Digital Council of the Year 2021.
The first phase of the partnership will see a backbone of 5G connectivity, based on a neutral host model, established within the city by Summer 2022. The new high speed 5G coverage will provide a platform for business growth and innovation, supporting the Government's levelling up agenda by bringing substantial social and economic benefits to its residents, businesses and visitors, including the creation of over 100 jobs.
Through the partnership, supported by the North East Local Enterprise Partnership and HM Government's Getting Building Fund, Sunderland will be able to scale its advanced smart city plan, allowing the city to be at the forefront of innovation and achieve true global competitiveness. Greater high speed 5G mobile connectivity, which offers much faster response times across the network, will be complemented by other networking technologies to enable Sunderland to deliver transformative digital services for communities and sectors across the City at much greater scale, including:
Manufacturing and logistics – The project will unlock further Industry 4.0 benefits, such as increasing supply chain agility through further development of self-driving vehicle trials, which includes the use of autonomous heavy goods vehicles for transfer of goods between the Nissan supply chain and the Sunderland Nissan car manufacturing plant.
Education – Better connectivity will support online and remote learning across Sunderland's schools, following on from the success at Hudson Road Primary School, ensuring young people have the digital skills they need to enter the future workforce.
Social care – The greater reach and capacity of the new connectivity will enable existing deployment of assistive technologies for vulnerable people to scale significantly. These technologies utilise sensors in the homes of vulnerable people to support independent living.
Patrick Melia, Chief Executive, Sunderland City Council, said: "This is an incredibly significant milestone in the development and future of Sunderland Our Smart City. We are very much looking forward to our 20-year strategic partnership with BAI, as its team helps us realise our ambitions and make our goals a reality. We are confident the benefits of this partnership will reach every resident, organisation and business within our city and indeed the wider area."
Billy D'Arcy, CEO of BAI Communications UK, said: "Our long-term strategic partnership with Sunderland City Council will completely transform the city, accelerating Sunderland's ambitions to become one of the UK's most advanced smart cities, connecting people, communities and businesses.
"We will leverage the power of 5G and the Internet of Things to establish a network of connectivity which will enhance employment opportunities, business efficiency and growth, helping to secure its prosperous future. Our extensive credentials delivering large-scale connected infrastructure and networking solutions position us perfectly to capitalise on the fast-growing commercial appeal of 5G enterprise solutions and smart city applications."
BAI is a leading global provider of 4G and 5G connected infrastructure. The agreement follows the recent deal announcement with Transport for London, that saw BAI awarded the concession to deliver high-speed mobile connectivity across the capital, building on BAI's significant experience of deploying connectivity in highly dense urban environments across the world, including New York, Toronto and Hong Kong.