Amdocs (NasdaqGS:DOX) Update / briefing March 23, 2026 02:00 PM ET Company ParticipantsAnthony Goonetilleke - Group President, Technology and Head of StrategyLiliana Schwartz-Brunner - General Manager and Head of Global Strategic PartnersMatthew Smith - Head of Investor RelationsPilar Abalo - Global Head of ConsultingShlomo Rosenbaum - Managing DirectorTomer Zilberman - VP of Equity ResearchNone - Video NarratorConference Call ParticipantsTimothy Horan - Managing Director and Senior AnalystMatthew SmithEver ...

Amdocs Brings AI-Accelerated Application Modernization to Enterprises with NVIDIA ELEMENT--Back to the NewsroomAmdocs Brings AI-Accelerated Application Modernization to Enterprises with NVIDIAAmdocs' agentic services - part of aOS - to enable faster cloud migration, modernization, and large-scale enterprise transformation with NVIDIA AI and accelerated computing integrationJERSEY CITY, NJ / ACCESS Newswire/ March 16, 2026 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications a ...

Core Insights - Amdocs has announced CES26, the latest evolution of its Customer Experience Suite, aimed at enhancing operations for communications and media companies [1] - CES26 is integrated into Amdocs' agentic operating system, aOS, and introduces an end-to-end, agent-driven BSS-OSS-Network suite [1] - The new suite is designed to help service providers simplify operations, scale faster, and progress towards autonomous, intent-driven networks [1] Company Overview - Amdocs is a leading provider of software and services specifically tailored for communications and media companies [1] - The introduction of CES26 marks a significant advancement in Amdocs' offerings, aligning with the industry's shift towards automation and improved customer experience [1] Industry Implications - The launch of CES26 reflects a broader trend in the telecommunications industry towards the adoption of AI-led solutions for customer, billing, ordering, and network operations [1] - The focus on autonomous, intent-driven networks indicates a shift in operational strategies among service providers, aiming for greater efficiency and responsiveness [1]

Core Insights - Amdocs has announced a collaboration with Microsoft to enhance application modernization solutions using AI technologies [1] - The partnership aims to help enterprises modernize their technology landscape more efficiently and resiliently [1] Group 1: Collaboration Details - The collaboration combines Amdocs' Agentic Services with Microsoft's AI technologies [1] - The goal is to drive measurable business outcomes from business case to execution [1] Group 2: Business Impact - The solutions are designed to transform enterprises into an agent-ready foundation [1] - This initiative is expected to accelerate the modernization process for enterprises at scale [1]

Core Insights - Amdocs Limited (DOX) is recognized as a strong buy tech stock, showcasing resilience in its financial performance despite macroeconomic pressures [1][4]. Financial Performance - Amdocs reported Q1 revenue of $1.156 billion, slightly exceeding the forecast of $1.15 billion, indicating strong operational performance [4]. - The company is focusing on long-term growth and aims to lead in generative AI, aligning its results with prior guidance [4]. Strategic Developments - Amdocs introduced aOS, an agentic operating system designed for telecommunications, which integrates generative AI into business, IT, and network operations [3]. - The company secured two new clients in Western Europe, enhanced its relationship with Vodafone Germany, and renewed a multi-year contract with T-Mobile, indicating strong client engagement [4]. Market Position - Amdocs is a global telecommunications software and services provider, offering cloud-native solutions, digital transformation, CRM, billing, and network automation to various service providers [5]. - The acquisition of Matrixx Software is expected to strengthen Amdocs' position with major clients such as Verizon, Telus, and Telefonica [4].

Core Insights - The telecommunications sector is increasingly integrating artificial intelligence (AI) into its infrastructure and services, with notable companies like Nokia and IQSTEL leading the conversation in recent news and social media [1][2]. Group 1: Nokia's AI Initiatives - Nokia is highlighted as a prominent player in AI telecom stocks, particularly due to its partnership with Nvidia to develop AI-powered radio access network (AI-RAN) technologies, which positions it for growth as AI adoption accelerates [1]. - The collaboration with Nvidia has garnered renewed interest from Wall Street, with analysts suggesting Nokia could be a "long-term winner" in the telecom infrastructure space amid rising AI demand [1]. Group 2: IQSTEL's AI Roadmap - IQSTEL Inc. is gaining traction in social media and niche investor outlets, particularly for its 2026 Artificial Intelligence Roadmap, which includes the launch of AI services like AIRWEB and IQ2Call [2][3]. - The company emphasizes transparency and long-term value creation through its AI initiatives, which are integrated with its telecom infrastructure and cybersecurity capabilities [3]. Group 3: AI Product Development - IQSTEL's AI journey began in 2023, focusing on developing practical, revenue-generating AI products that operate across web and voice channels, responding to market feedback and enterprise demand [4][5]. - The company has built a proprietary AI platform that supports all current and future AI products, ensuring that advancements benefit every solution simultaneously [6][7]. Group 4: AI Products Overview - IQSTEL's AIRWEB is a 24/7 AI assistant designed for customer engagement across web and phone, offering multilingual support and scalable subscription plans [8]. - IQ2Call is an AI-first call center solution aimed at eliminating wait times through auto-scaling AI agents, with seamless escalation to human operators when necessary [9]. Group 5: Amdocs' AI Solutions - Amdocs has introduced aOS, an agentic operating system designed to help communication service providers (CSPs) accelerate their generative AI strategies, embedding intelligence into telecom operations [10][11]. - The aOS architecture enables CSPs to execute complex workflows across any BSS and OSS environment, enhancing operational efficiency and customer experiences [11][12]. Group 6: SoftBank's Performance - SoftBank Corp. reported an 8% year-on-year revenue growth to 5.2 trillion yen for the first nine months of fiscal 2025, prompting the company to raise its full-year revenue forecast from 6.7 trillion yen to 6.95 trillion yen [15][16]. - The optimism surrounding SoftBank's telecom unit and its AI business strategy has positively impacted investor confidence, reflected in a 10% surge in its shares [15].

Industry Overview - The American tech industry entered 2026 with significant size and momentum, having received approximately $178 billion in venture capital in 2024, which accounted for 57% of global venture capital [2] - In 2024, around $314 billion was raised for startups, marking a 3% increase from 2023, indicating a robust recovery in late-stage investments, particularly in infrastructure and AI [2] - AI-focused startups represented 37% of all venture funding and 17% of deals in 2024, highlighting a capital shift towards compute, model training, and applied AI layers [3] Software-as-a-Service Market - The U.S. software-as-a-service market generated about $140.7 billion in revenue in 2024 and is projected to nearly double to $271.7 billion by 2030, reflecting a compound annual growth rate of approximately 11% from 2025 to 2030 [4] Company Highlights - D-Wave Quantum Inc. (NYSE:QBTS) has a market capitalization of $6.36 billion and is noted for its leadership in quantum annealing, with a price target upside of 93.05% [9][10] - D-Wave announced a $10 million, two-year enterprise quantum computing service agreement with a Fortune 100 company, focusing on developing quantum-powered applications [11][12] - Amdocs Limited (NASDAQ:DOX) has a market capitalization of $7.68 billion and a price target upside of 28.85% [13] - Amdocs reported Q1 revenue of $1.156 billion, slightly above the forecast of $1.15 billion, and emphasized its focus on long-term growth and generative AI leadership [16][17] - Amdocs introduced aOS, an operating system designed for telecommunications, which integrates generative AI into business and operational processes [15]

Core Insights - Amdocs CEO Shuky Sheffer is stepping down after eight years, with Shimie Hortig set to replace him [1][2] - Amdocs has reported a 4.1% increase in annual revenue and a non-GAAP earnings per share of $1.81, exceeding guidance [2][3] - The company has secured a multi-year agreement with T-Mobile and expanded its engagement with Vodafone Germany, indicating strong customer relationships [3] Leadership Transition - Shuky Sheffer's leadership is credited with navigating Amdocs through significant changes during the pandemic and technology disruptions [2] - Shimie Hortig, with 20 years of experience at Amdocs, is viewed as a natural successor and is expected to lead the company into the generative AI era [2] Financial Performance - Amdocs' GAAP net profit increased to $158 million from $151 million year-over-year, while non-GAAP net income rose to $196 million from $188 million [2] - The company generated free cash flow of $188 million in the quarter and anticipates annual free cash flow of $710-730 million for fiscal 2026 [2] Strategic Developments - Amdocs has extended its long-term relationship with T-Mobile and signed new agreements with other major telecom companies, enhancing its market position [3] - The company is advancing its generative AI initiatives, including the announcement of aOS, an operating system designed for telecommunications [3]

Core Insights - Amdocs has launched aOS, an agentic operating system specifically designed for telecommunications [1] - The purpose of aOS is to help communication service providers (CSPs) accelerate their generative AI strategies and innovate at scale [1] - aOS integrates intelligence into telecom operations, enhancing customer and employee experiences while unlocking new growth opportunities [1] - The system is compatible with any BSS/OSS stack, allowing for seamless integration into existing telecom operations [1] - Amdocs aims to deliver measurable operational efficiency through the implementation of aOS [1]