JERSEY CITY, NJ – Amdocs (NASDAQ: DOX), a leading provider of software and services to communications and media companies, today announced the evolution of the industry-leading Amdocs Network Inventory, an advanced cloud-agnostic network inventory solution designed to drive network and service automation, utilizing AI/machine learning-driven automated actions to deliver and maintain service intent.

The communications industry is undergoing a significant transformation in the way networks are built and operated, and service providers face unprecedented complexity with the introduction of 5G and cloud network services. For example, network operations teams today need to meet the new challenge of deploying and operating cloud-native, disaggregated, and virtualized networks across the edge and core while interoperating in a hybrid manner with existing networks.

Amdocs Network Inventory is a proven and reliable inventory solution that already supports more than 50 networks around the globe, automating the entire B2B and B2C service lifecycle across multiple networks and vendors. With the launch of the next generation platform, the capabilities are expanded and enhanced to enable seamless end-to-end visibility and control through a centralized, intelligence-infused approach. By removing blind spots, the solution simplifies and de-risks a service provider’s transformation journey, ensuring smooth transitions to hybrid network architectures. Amdocs Network inventory can be used as an upgrade path for service providers currently using Amdocs network solutions, or as a new solution.

Notably, a leading European tier-1 CSP, which caters to over 40 million users, undertook a comprehensive modernization effort that involved upgrading their existing inventory approach and migrating their 20-year-old legacy system. This complex undertaking required intricate data and process transformations, as well as integrations. The deployment of the next-generation Amdocs Network Inventory simplified the overall operations support system (OSS) landscape.

Anthony Goonetilleke, Amdocs Group President of Technology and Head of Strategy, said: “We are proud to help our customers future-proof their networks, while de-risking their transformation journeys. With comprehensive end-to-end network visibility - and our proven experience, scale and performance - our next generation platform enables service providers to intelligently automate their operations, thereby unlocking the full revenue potential of launching innovative services, while meeting cost leadership objectives.”