Amdocs’s acquisition of Openet augments its cloud-native credentials, especially in the 5G policy, charging, and data management domains. The deal also helps diversify Amdocs’ revenue streams, particularly in light of T-Mobile’s consolidation of the Sprint assets. Now Amdocs needs to acquire more robust cloud assets in order to fulfill the strategic business objectives of the CSPs as they build-out their hybrid cloud and multi-cloud implementations in the 5G world.
Openet has launched a no-cost data intelligence platform, getting first dibs on operator mind share in the early stages of adoption of 5G charging systems. This microservices-based system is designed to deliver new monetization models and expand Openet’s channel influence, driving the adoption of their rapidly evolving 5G monetization requirements.