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Amdocs unveils its growth strategy: new markets, more open approaches, but services remain at the core

John Abraham Principal Analyst, Research

"Amdocs clearly perceives that the future is in helping communications service providers (CSPs) become digital service providers, with digitalised, data-rich operations and new digital services."

Amdocs’ previous growth strategy could be over-simplified as developing or acquiring another new product to sell to existing CSP customers, surrounding it with associated services, and adding new customers by acquiring companies. This comment describes how Amdocs’ new initiatives are designed to radically change this previous strategy to fuel the company’s growth.