Amdocs, a leading software and service provider to communications and media companies, has bought an Ireland based Digital BSS company, Openet, that provides charging, policy and data solutions. Two years after their heated legal dispute, the telecom software company Amdocs has ended the litigation by finally licensing a number of Openet patents. As the telecommunications sector has been trending towards digital transformation for some time now, the merger between the two companies will provide exceptional and wide-ranging opportunities for both enterprises. In recent years, the Ireland-based company, Openet, developed modern cloud-based software and 5G products that are recognised around the world for their innovation. The amalgamation of the two companies is said to offer Amdocs‘s customers advances in 5G technologies, cloud, edge computing and Internet of Things (IoT), as well as an elevated customer experience, policy and data management expertise. Shuky Sheffer, CEO of Amdocs Management, commented:…
Saudi Arabia’s HUMAIN initiative is investing $10 billion to become a global leader in artificial intelligence. Backed by the Public Investment Fund, HUMAIN plans major data center expansion, strategic tech partnerships, and AI model training dominance by 2030, all aligning with Vision 2030.
NVIDIA is revolutionizing telecoms with its AI advancements. Collaborating on large telco models and AI agents at GTC, NVIDIA aims to enhance network management. These innovations transform how data is processed, making telecom networks smarter and more efficient.
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Red Hat is enhancing its partnership with AWS to boost its virtualization and AI solutions on AWS Marketplace. This strategic collaboration integrates Red Hat’s Enterprise Linux AI and OpenShift solutions, offering a streamlined path for organizations.
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Digital transformation is reshaping enterprises, with edge AI offering tremendous potential. Dell Technologies and Intel’s collaboration streamlines solutions with edge applications on PowerEdge XR8000 servers.
Intel’s decision to sell its stake in Arm Holdings during Q2 is a strategic move amid job cuts and intense competition from AMD and Qualcomm. This shift allows Intel to focus on AI chips and for-hire manufacturing, making it crucial for VoIP providers to closely monitor Intel’s evolving strategy in the tech industry.
LiveOak Fiber, a regional broadband service provider, has secured USD 250 million in financing to expand its fiber network in underserved Southeast U.S. communities. Since June 2022, LiveOak has rapidly grown, investing over USD 200 million and deploying 1,000 miles of fiber. This funding will enhance connectivity and bridge the digital divide.
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D&H Distributing starts FY 2025 strong with a 20% sales increase in key categories like cloud solutions and networking. Amdocs and Google Cloud collaborate to simplify eSIM activation. HP and Oxford Economics found that global leaders are highly enthusiastic about using technology.