GlobeNewswire by notified

Bell Canada Reaches Milestone in Network 3.0 Vision with Open Network Automation Platform (ONAP) and Strategic Partnership with Amdocs

Share

Bell's leadership in bringing open source ONAP into production enables innovative new offerings to customers faster and at lower cost 

ST. LOUIS, Jan. 22, 2018 (GLOBE NEWSWIRE) -- Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced that Bell, Canada's largest communications company, has successfully implemented the first network automation use case in production leveraging the Linux Foundation's Open Network Automation Platform (ONAP). As Bell's strategic partner, Amdocs brings unparalleled ONAP expertise and DevOps scrum team agility and delivery capabilities with the goal of driving innovation faster and reducing the cost of building and operating the data center of the future.

With clear benefits such as a more elastic network and increased business agility to be gained from taking advantage of network functions virtualization (NFV), Bell is driving its network transformation by leveraging the ONAP-based network service orchestration (NSO) platform to introduce new services faster to its enterprise and consumer customers. This includes automating its data center tenant network provisioning on ONAP to automate the operations of its data centers. Bell is focused on providing its operations teams with tools to automate life cycle management of both physical and virtual network functions, incident management and service assurance.

Bell's Network 3.0 transformation initiative includes technology, process and people, with a strong emphasis on advancing its DevOps journey. This involves building the team and talent to support a cross-organizational DevOps model and creating a culture of Continuous Integration/Continuous Development (CI/CD). A tangible outcome of this approach is Bell's development of software that serves as the foundation for ONAP Operations Manager (OOM), which helps simplify deployments, reduce footprint and enable continuous delivery. The software has been contributed to the open source ONAP community to help others embrace ONAP.

"Bell is leading the industry in implementing open source based on automation for NFV services," said Petri Lyytikainen, Bell's Vice President, Network Strategy, Services and Management. "Together with Amdocs, we are fostering a new partnership business model to realize the benefits of the ONAP open source community. We are co-developing on the ONAP platform, implementing services and operationalizing the platform using continuous integration and delivery methods to deliver services to market faster and meet the unique needs of Bell's customers. Amdocs, one of the co-authors of the original ONAP code base, is in an excellent position to help Bell deliver network automation that supports NFV and SDN."

"Open source ONAP and programmable network models are going to be competitive differentiators as networks become more fundamental to the future digital society. Service providers that embrace this disruption early with ONAP will be in a significantly stronger position as networks evolve to become completely elastic, agile and programmable," said Anthony Goonetilleke, Group President for Amdocs Technology. "First-mover advantage for ONAP will go to carriers that establish the vital building blocks by developing expertise in their organization around open source in networking and agile development and by smartly leveraging an open and rich eco-system."

"We expect ONAP to be adopted as the industry standard for network automation built with SDN and NFV," said Arpit Joshipura, General Manager of Networking and Orchestration at The Linux Foundation. "The project has been endorsed by top global carriers and a vendor eco-system representing more than half of all mobile subscribers. It's also a clear proof-point that the open source path to standardization is the most viable solution to drive agility and automation, and carriers can start immediately with ONAP."

Supporting Resources

About Amdocs

Amdocs is a leading software and services provider to the world's most successful communications and media companies. As our customers reinvent themselves, we enable their digital and network transformation through innovative solutions, delivery expertise and intelligent operations. Amdocs and its 25,000 employees serve customers in over 85 countries. Listed on the NASDAQ Global Select Market, Amdocs had revenue of $3.9 billion in fiscal 2017. For more information, visit Amdocs at www.amdocs.com.

Amdocs' Forward-Looking Statement

This press release includes information that constitutes forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995, including statements about Amdocs' growth and business results in future quarters. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that our expectations will be obtained or that any deviations will not be material. Such statements involve risks and uncertainties that may cause future results to differ from those anticipated. These risks include, but are not limited to, the effects of general economic conditions, Amdocs' ability to grow in the business markets that it serves, Amdocs' ability to successfully integrate acquired businesses, adverse effects of market competition, rapid technological shifts that may render the Company's products and services obsolete, potential loss of a major customer, our ability to develop long-term relationships with our customers, and risks associated with operating businesses in the international market. Amdocs may elect to update these forward-looking statements at some point in the future; however, the Company specifically disclaims any obligation to do so. These and other risks are discussed at greater length in the Company's filings with the Securities and Exchange Commission, including in our Annual Report on Form 20-F for the fiscal year ended September 30, 2017 filed on December 11, 2017.

Media Contacts:

Linda Horiuchi
Amdocs Public Relations
Tel: +1 (201) 631-6810
E-Mail: linda.horiuchi@amdocs.com

Jennifer Headley
Hotwire PR for Amdocs
Tel: +1 212 897-2156
E-Mail: jennifer.headley@hotwirepr.com or AmdocsUS@hotwirepr.com




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Amdocs via Globenewswire

About GlobeNewswire by notified

GlobeNewswire by notified
GlobeNewswire by notified
One Liberty Plaza - 165 Broadway
NY 10006 New York

https://notified.com

GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Subscribe to releases from GlobeNewswire by notified

Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire by notified

CONDITIONS FOR RIKSBANK AUCTIONS GOVERNMENT BONDS26.4.2024 16:20:00 CEST | Press release

Bid procedure, 2024-05-03BondsSWEDISH GOVERNMENT: 1059. SE0007125927. 2026-11-12 SWEDISH GOVERNMENT: 1063, SE0015193313, 2045-11-24 Bid date2024-05-03Bid times09.00-10.00 (CET/CEST) on the Bid dateOffered volume (corresponding nominal amount)1059: 1000 million SEK +/-1000 million SEK 1063: 900 million SEK +/-900 million SEK Highest permitted bid volume (corresponding nominal amount)1059: 1000 million SEK per bid 1063: 900 million SEK per bid Lowest permitted bid volume (corresponding nominal amount)SEK 10 million per bidExpected allocation timeNot later than 10.15 (CET/CEST) on the Bid dateDelivery and payment date2024-05-07Settlement amountTo be paid to the Riksbank's account in Euroclear Sweden AB's securities settlement system SWIFT: VPCSSESSXXX Account: 1 4948 6383 CTM BIC: RIKSSESS ALERT acronym: RIKSBANK Stockholm, 2024-04-26 This is a translation of the special terms and conditions published on www.riksbank.se. In the case of any inconsistency between the English translation and

Press Release on the Filing of a Draft Offer Document Relating to the Simplified Tender Offer For the shares of Believe initiated by Upbeat BidCo SAS26.4.2024 15:20:00 CEST | Press release

PRICE OF THE OFFER: €15 per Believe share DURATION OF THE OFFER: 15 trading days The timetable of the tender offer (the “Offer”) will be set out by the Autorité des marchés financiers (the “AMF”) in accordance with the provisions of its General Regulation. This press release (the “Press Release”) was prepared by Upbeat BidCo and published pursuant to Article 231-16 of the General Regulation of the AMF. The offer and the draft offer document remain subject to review by the AMF. IMPORTANT NOTICE The Press Release must be read together with all other documents published in connection with the Offer. In particular, in accordance with Article 231-28 of the General Regulation of the AMF, a description of the legal, financial and accounting characteristics of Upbeat BidCo will be filed with the AMF and made available to the public no later than the day preceding the opening of the Offer. A press release will be issued to inform the public of the manner in which this information will be made a

The arbitral tribunal has confirmed GF’s redemption right over the minority shares in Uponor and trading in Uponor’s shares has been suspended26.4.2024 15:15:00 CEST | Press release

Uponor Corporation, Stock Exchange Release, April 26, 2024, 4.15 p.m. EET The arbitral tribunal has confirmed GF’s redemption right over the minority shares in Uponor and trading in Uponor’s shares has been suspended The arbitral tribunal appointed by the Redemption Committee of the Finland Chamber of Commerce in connection with the redemption proceedings concerning the minority shares in Uponor Corporation (“Uponor”) has in its interim award confirmed that Georg Fischer AG (“GF”) has the right to redeem the minority shares in Uponor and that GF has the right to obtain title to the minority shares by posting a security approved by the arbitral tribunal for the payment of the redemption price and the possible interest accruing thereon. Uponor announced on March 22, 2024, that Uponor has resolved to apply for the termination of public trading in its shares and for the delisting of its shares from the Official List of Nasdaq Helsinki Ltd (“Nasdaq Helsinki”) so that the delisting would occ

Orion Corporation: Disclosure Under Chapter 9 Section 10 of the Securities Market Act (BlackRock, Inc.)26.4.2024 15:00:00 CEST | Press release

ORION CORPORATION STOCK EXCHANGE RELEASE – MAJOR SHAREHOLDER ANNOUNCEMENTS 26 APRIL 2024 at 16.00 EEST Orion Corporation: Disclosure Under Chapter 9 Section 10 of the Securities Market Act (BlackRock, Inc.) Orion Corporation has received a disclosure under Chapter 9, Section 5 of the Securities Market Act, according to which the total number of Orion shares owned directly, indirectly and through financial instruments by BlackRock, Inc. and its funds decreased on 25 April 2024 below five (5) per cent of Orion Corporation’s total shares. Total positions of BlackRock, Inc. and its funds subject to notification: % of shares and voting rights (total of point A)% of shares and voting rights through financial instruments (total of point B)Total of both in % (points A + B)Total number of shares and voting rights of issuer Resulting situation on the date on which threshold was crossed or reached Below 5% shares Below 5% voting rights Below 5% shares Below 5% voting rights Below 5% shares Below

Decisions of the Organisational Meeting of Harvia Plc’s Board of Directors26.4.2024 15:00:00 CEST | Press release

STOCK EXCHANGE RELEASE 26 April 2024, at 4.00 p.m. EEST Decisions of the Organisational Meeting of Harvia Plc’s Board of Directors Heiner Olbrich was elected the Chair and Catharina Stackelberg-Hammarén was elected the Vice Chair of the Board of Directors at the Board of Directors’ organisational meeting that took place today after Harvia Plc’s Annual General Meeting. Board of Directors elected from among its members Hille Korhonen (Chair), Anders Holmén and Markus Lengauer as members of the Audit Committee. In addition, Harvia Plc’s Board of Directors decided to establish a Personnel and Remuneration Committee. The Committee’s task is to assist the Board of Directors in issues related to personnel and remuneration. The Board of Directors elected from among its members Heiner Olbrich (Chair), Olli Liitola and Catharina Stackelberg-Hammarén as members of the Personnel and Remuneration Committee. Independence of the members of the Board of Directors The Board of Directors assessed the in

HiddenA line styled icon from Orion Icon Library.Eye