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Amdocs

Israeli-founded software company

Amdocs Limited is a multinationaltelecommunications technology company. Headquartered in St. Louis, Missouri, the company specializes in software and services for communications, media and financial services providers and digital enterprises.

Amdocs was founded in and is publicly traded on the Nasdaq stock exchange.

Overview

Amdocs provides software and services for communications and media service providers.[3] The company operates in more than 90 countries,[4] with its headquarters in St. Louis, Missouri,[5] and has approximately 30, employees globally as of [6] Shuky Sheffer is the chief executive officer (CEO) and president.[7] Amdocs has been traded on the Nasdaq global select market since December [8]

History

Early years and IPO

Amdocs was founded in in Israel as an offshoot of the Israeli phone directory company Golden Pages, which was owned by the Aurec Group headed by Morris Kahn.[9] Together with others at Golden Pages, Kahn developed a billing software program for phone directory companies and with Boaz Dotan established a company called Aurec Information & Directory Systems to market this product.[10] In , Boaz Dotan became Amdocs' first President and CEO.[10]

In , Southwestern Bell Corporation acquired a 50 percent ownership share of Aurec Information & Directory Systems, and its name was changed to Amdocs.

Within two years, the Aurec Group sold off all its holdings in Amdocs for almost US$1 billion.[10] Between and , Amdocs took its initial diversification steps, expanding first into the wireline telephony market and then the mobile space.[11] Avi Naor replaced Dotan in [12] In June , Amdocs held an initial public offering on the New York Stock Exchange.[10]

Expansion

Following its IPO, Amdocs expanded by acquiring additional billing and customer relationship management companies and building its application creation capabilities.[13] In , the company moved into managed services when it acquired International Telecommunication Data System Corporation.[14] Companies acquired in the early s include DST Innovis,[15] XACCT Technologies,[16]Cramer Systems,[17] and Sigvalue.[18] Dov Baharav succeeded Naor as CEO in ,[12] and Eli Gelman held the role starting in November [19]

In early , federal agencies conducted a counterintelligence investigation to determine if Amdocs was being used by Israel to eavesdrop on U.S.

government communications. The investigation found no evidence of such activity.[20] Concerns were also raised about potential mishandling of data.[21]

In , Amdocs was suspected of industrial espionage when it hired a private investigator who allegedly spied on a Globes journalist.

In , the South African State Security Agency suspected Amdocs was being used by Mossad to spy on South African citizens.[22][23][24]

Amdocs continued to expand via mergers and acquisitions in the s, purchasing firms such as Bridgewater Systems in ,[25] the business support system portion of Comverse Technology,[26] and content monetization, processing and distribution software company Vubiquity in [27] Shuky Sheffer replaced Gelman as Amdocs' President and CEO in October [7] Amdocs acquired Openet, a provider of 5G charging, policy and cloud technologies, in [28] Amdocs further expanded into cloud computing in with the acquisitions of Sourced, a Canadian company specializing in cloud transitioning.[29]

Amdocs launched a generative AI framework in called amAIz, designed for telecommunications service providers[30] and built using Nvidia's AI foundry service, which runs on Microsoft Azure.[31]

See also

References

  1. ^"Amdocs Website".

    Retrieved 26 January

  2. ^"Amdocs Limited FY Annual Report (Form F)". U.S. Securities and Exchange Commission. 17 December pp.&#;46, F-6, F
  3. ^Brown, Lisa (13 September ). "Amdocs buys land for new office campus in Israel". St. Louis Post-Dispatch. Retrieved 20 October
  4. ^Reich, Dror (31 January ).

    Eli gelman biography net worth: Gelman's career at Amdocs spanned more than 30 years, including operations, software development and sales alongside strategy and corporate development. Mr. Gelman has been a member of Amdocs Board of Directors since , and was also a Board Member and Chairman of Retalix, a provider of software solutions to retailers and distributors worldwide.

    "Amdocs to Acquire Premium Content Provider Vubiquity for $ Million". Calcalistech. Retrieved 20 October

  5. ^" Annual Report". Amdocs. 30 September Retrieved 8 November
  6. ^"Form F". Amdocs. 13 December p.&#; Retrieved 20 October
  7. ^ abFeldt, Brian (1 August ).

    "Amdocs names new CEO as it reaches $1 billion quarterly revenue mark for first time in company history". St. Louis Post-Dispatch. Retrieved 20 October

  8. ^"Data Technical News # - 58 Amdocs Management Limited to Begin Listing on NASDAQ on Friday, December 20, ". .
  9. ^"# Morris Kahn".

    . 12 February Archived from the original on 18 January Retrieved 26 January

  10. ^ abcdGeorgi, Anat; Grimland, Guy (9 May ).

    Eli gelman biography Gelman's career at Amdocs spanned more than 30 years, including operations, software development and sales alongside strategy and corporate development. Mr. Gelman has been a member of Amdocs Board of Directors since , and was also a Board Member and Chairman of Retalix, a provider of software solutions to retailers and distributors worldwide.

    "Confessions of a 'start-up junkie'". Haaretz. Retrieved 26 January

  11. ^"Amdocs Ltd.". International Directory of Company Histories, Vol. 47. St. James Press.
  12. ^ abYom Tov, Shirley (13 March ). "Avi Naor steps down as Amdocs CEO, CFO Dov Baharav takes over".

    The Marker. Retrieved 20 October

  13. ^Le Meistre, Ray; Baumgartner, Jeff (5 February ). "Amdocs Ain't What It Used to Be". Light Reading. Retrieved 23 October
  14. ^"Amdocs plans acquisition to increase billing business". Bloomberg News.

  15. מר אלי גלמן | The Bob Shapell School of Social Work
  16. Amdocs - Wikipedia
  17. Amdocs - Wikipedia
  18. Eli Gelman | Jefferies.com

    19. 8 September Retrieved 20 October

  19. ^"DST Innovis sells for $ million". Biz Journals. 5 July Retrieved 29 April
  20. ^"Amdocs Buys Xacct". Light Reading. 22 December Retrieved 11 March
  21. ^Willing, Nicole (19 July ).

    "Amdocs Snaps Up Cramer". Light Reading. Retrieved 29 April

  22. ^"Amdocs to buy Israel's SigValue for $85 mln-report". Reuters. 21 January Retrieved 29 April
  23. ^Baumer, Lilach (8 January ). "Amdocs CEO Eli Gelman to Step Down Effective October ".

    Eli gelman biography wikipedia Eli Gelman has been serving as Chairman of Tel Aviv University's Executive Council since December 27, Prior to that, he served as President and Chief Executive Officer of Amdocs Management Limited (a software company of 25, employees leading the customer experience domain of the communication and media space).

    Calcalist. Retrieved 29 April

  24. ^Johnston, David (6 May ). "Israeli Spy Inquiry Finds Nothing, Officials Say". The New York Times. Retrieved 5 October
  25. ^"Censored Israeli Software Spying On US: Amdocs Comverse Infosys - Carl Cameron Dec ". Internet Archive. 23 July Retrieved 8 February
  26. ^Sharvit, Noam (31 May ).

    "Amdocs exec questioned in industrial espionage affair - Globes".

    Eli gelman biography death Chairman at Amdocs Ltd., Discover Eliyahu Meir Gelman's known position history, network and relationships. Find out about his known public assets.

    Globes. Retrieved 6 March

  27. ^Singer-Heruti, Roni (31 May ). "Amdocs Execs Face Questioning". Haaretz. Retrieved 6 March
  28. ^"Spy Cables: Were Israeli spies tapping SA cellphones?". News24.

  29. Eli gelman biography net worth
  30. Eli gelman biography book
  31. Eli gelman biography youtube

    32. Retrieved 14 February

  32. ^"Amdocs Buys Bridgewater Systems". Forbes. Retrieved 30 January
  33. ^Bicheno, Scott (30 April ). "Amdocs acquires Comverse BSS business for $m". Telecoms. Retrieved 28 April
  34. ^Reim, Garrett (31 January ).

    "Vubiquity to Be Acquired for $ Million by Amdocs". LA Business Journal. Retrieved 30 June

  35. ^Robuck, Mike (12 August ). "Amdocs wraps-up $ million deal to buy Openet". Fierce Telecom. Retrieved 25 February
  36. ^Goovaerts, Diana (13 May ). "Amdocs scoops up Sourced for $75M to boost cloud migrations".

    Eli gelman biography wife

    Eli Gelman has been a director of Amdocs since and Chairman of the Board of Directors of Amdocs since November Since September , Mr. Gelman serves on the advisory board for Bocconi University.

    Fierce Telecom. Retrieved 22 November

  37. ^Morris, Anne (5 June ). "Amdocs tempts telcos with generative AI support". Light Reading. Retrieved 23 October
  38. ^Sbeglia Nin, Catherine (16 November ). "Amdocs will use the Nvidia AI foundry service to build custom large language models for telcos".

    RCR Wireless News. Retrieved 1 December

External links