Amdocs (NASDAQ:DOX) announced Amdocs Service Design and Create, a new network functions virtualization/software-defined networking (NFV/SDN) solution intended to enable the design, testing and launching of new network services in weeks rather than months.
The solution is designed to overcome the time-consuming manual service development process. With resource and service creation automation capabilities, the new solution is intended to shorten the service development lifecycle and reduce engineering and IT costs. It's designed to automate the complete service development process - spanning service modeling, test and de-bugging, packaging and distribution - with a drag-and-drop interface and modular, reusable components.
In related Amdocs news, the company also announced commissioned research from Analysis Mason indicating that NFV/SDN can deliver "first mover" service providers up to $1.4 billion in new revenues and a 79% improvement in order-to-cash (O2C) per-site per year for enterprise virtual customer premises equipment (vCPE).