SIEMENS and Amdocs to Offer High-reliability Connected Critical Infrastructure Wireless Solutions based on CBRS

5/14, 10:05 PM (Source: GlobeNewswire)

Siemens RUGGEDCOM private broadband wireless solution combined with Amdocs SpectrumONE solution enables mission-critical networks to leverage CBRS shared spectrum to support Electric Utility, Water/Waste Water, Transportation and Industrial IoT Communications Networks

ATLANTA and ST. LOUIS, May 14, 2019 (GLOBE NEWSWIRE) -- Siemens, a global technology innovator with leading solutions for intelligent infrastructure, and Amdocs (NASDAQ: DOX), a leading provider of software and services to communications and media companies, today announced the availability of a joint solution to enable mission-critical networks to leverage shared Citizens Broadband Radio Service (CBRS) spectrum.

Spectrum is a critical, highly valued and scarce resource. To offer new wireless broadband and mobility services and keep up with the increasing demands for coverage and capacity, more spectrum is needed. The Federal Communications Commission (FCC) introduced CBRS, which enables shared wireless broadband use within the 3550-3700 MHz (3.5 GHz) band. Designed to support a more efficient use of spectrum, CBRS fosters the development of innovative early use cases, including fixed wireless, network densification, private enterprise networks, industrial IoT, last mile to building, point-to-point connectivity and more. 

By leveraging the Siemens solution with the Amdocs Spectrum Access System (SAS), CBRS enables a lower cost of entry into supporting mobility, augmenting Wi-Fi coverage and capacity with small cells, in remote or temporary industrial locations such as substation automation, self-healing power grids/smart-grid systems and intelligent transportation systems for traffic management and railway control systems. 

“Many of Siemens existing customers are already making use of spectrum in the 3.5 GHz band and will upgrade their networks to enable them to continue to operate in the CBRS band.  Through Siemens’ joint solution with Amdocs, our customers can be confident that their operations will continue uninterrupted,” said Mike Jabbour, Segment Head, Siemens Communications and Identification. “Furthermore, with the availability of CBRS, we can see new and exciting opportunities for our combined solution to support the trend towards more intelligent critical infrastructure communication systems.”

“The release of this newly shared spectrum has created new business opportunities for solution providers like Siemens,” said Anthony Goonetilleke, group president of Media, Network and Technology, Amdocs. “Yet to maximize these opportunities, it takes the combination of a qualified and experienced FCC certified partner for SAS Services with deep experience in mission-critical, self-healing and optimizing networks and an extensive portfolio of network and spectrum solutions, to meet the operator’s demands for a cost-effective, low-risk end-to-end CBRS solution.”

About Amdocs

Amdocs is a leading software and services provider to communications and media companies of all sizes, accelerating the industry’s dynamic and continuous digital transformation. With a rich set of innovative solutions, long-term business relationships with 350 communications and media providers, and technology and distribution ties to 600 content creators, Amdocs delivers business improvements to drive growth. Amdocs and its 25,000 employees serve customers in over 85 countries. Listed on the NASDAQ Global Select Market, Amdocs had revenue of $4.0 billion in fiscal 2018. For more information, visit Amdocs at www.amdocs.com.

About Siemens Corporation

Siemens Corporation is a U.S. subsidiary of Siemens AG, a global powerhouse focusing on the areas of power generation and distribution, intelligent infrastructure for buildings and distributed energy systems, and automation and digitalization in the process and manufacturing industries. Through the separately managed company Siemens Mobility, a leading supplier of smart mobility solutions for rail and road transport, Siemens is shaping the world market for passenger and freight services. Due to its majority stakes in the publicly listed companies Siemens Healthineers AG and Siemens Gamesa Renewable Energy, Siemens is also a world-leading supplier of medical technology and digital healthcare services as well as environmentally friendly solutions for onshore and offshore wind power generation. For more than 160 years, the company has innovated and invented technologies to support American industry spanning manufacturing, energy, healthcare and infrastructure. In fiscal 2018, Siemens USA reported revenue of $23.7 billion, including $5.0 billion in exports, and employs approximately 50,000 people throughout all 50 states and Puerto Rico.

Amdocs’ Forward-Looking Statement

This press release includes information that constitutes forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995, including statements about Amdocs’ growth and business results in future quarters. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that our expectations will be obtained or that any deviations will not be material. Such statements involve risks and uncertainties that may cause future results to differ from those anticipated. These risks include, but are not limited to, the effects of general economic conditions, Amdocs’ ability to grow in the business markets that it serves, Amdocs’ ability to successfully integrate acquired businesses, adverse effects of market competition, rapid technological shifts that may render the Company's products and services obsolete, potential loss of a major customer, our ability to develop long-term relationships with our customers, and risks associated with operating businesses in the international market. Amdocs may elect to update these forward-looking statements at some point in the future; however, the Company specifically disclaims any obligation to do so. These and other risks are discussed at greater length in the Company's filings with the Securities and Exchange Commission, including in our Annual Report on Form 20-F for the fiscal year ended September 30, 2018 filed on December 10, 2018 and our quarterly 6-K form furnished on February 19, 2019.

Media Contacts:
Nick Boulton, Amdocs
Phone: +44 (0)7896 931 335
Email: Nicholas.boulton@amdocs.com

Hollie Davis, Siemens
Phone: (678) 313-7256
Email: hollie.davis@siemens.com

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