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Amdocs (DOX) Debuts on 5G-Ready Online Charging System
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Amdocs Limited (DOX - Free Report) has unveiled the industry’s first 5G-ready online charging system. This path breaking product is expected to change the way service providers monetize network and data access, enabling newer and more effective ways of generating revenues for them.
As leading service providers gear up to commercially deploy 5G services, 5G network slicing capability is likely to become an essential feature. These network slices will aid in meeting varying needs of different services and users. Amdocs’s 5G-ready online charging system will ensure that the level of activity in one network slice does not impact another through its innovative isolation mechanism.
5G is being cited as the radical new technology that will help build smart cities, allow autonomous vehicle driving and enable drones to provide faster medical aid for high emergency regions. 5G network is also expected to provide higher bandwidth, lower latency and greater agility for users.
Once 5G becomes available for public use, it will present a huge potential if its new network and the product configurations made through network slicing are effectively monetized. Amdocs aims to help service providers do the same with its recently upgraded digital monetization solution.
According to IHS research, by 2035, approximately $12.3 trillion worth of goods and services will be enabled by 5G networks, adding nearly 22 million jobs and approximately $3 trillion to worldwide GDP. Accompanying this favorable outlook is the fact that the smartphone industry has shown a steady upward trend. According to a study by telecommunications firm Ericsson, there is expected to be over 6 billion smartphone users by 2020.
Being the first in the industry to develop 5G-ready online charging system, it remains to be seen whether Amdocs gets the first mover advantage in an industry slated to grow by leaps and bounds.
Amdocs’ shares have underperformed the industry in the last three months with an average gain of 4.4% compared with a rise of 11.3% for the latter.
DXC Technology has an expected long-term earnings growth rate of 10.5%. It has exceeded estimates in each of the trailing four quarters with an average beat of 25.4%.
Nutanix has an expected long-term earnings growth rate of 20%. It has exceeded estimates in each of the trailing four quarters with an average beat of 18.5%.
Himax Technologies has an expected long-term earnings growth rate of 25%.
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Amdocs (DOX) Debuts on 5G-Ready Online Charging System
Amdocs Limited (DOX - Free Report) has unveiled the industry’s first 5G-ready online charging system. This path breaking product is expected to change the way service providers monetize network and data access, enabling newer and more effective ways of generating revenues for them.
As leading service providers gear up to commercially deploy 5G services, 5G network slicing capability is likely to become an essential feature. These network slices will aid in meeting varying needs of different services and users. Amdocs’s 5G-ready online charging system will ensure that the level of activity in one network slice does not impact another through its innovative isolation mechanism.
5G is being cited as the radical new technology that will help build smart cities, allow autonomous vehicle driving and enable drones to provide faster medical aid for high emergency regions. 5G network is also expected to provide higher bandwidth, lower latency and greater agility for users.
Once 5G becomes available for public use, it will present a huge potential if its new network and the product configurations made through network slicing are effectively monetized. Amdocs aims to help service providers do the same with its recently upgraded digital monetization solution.
According to IHS research, by 2035, approximately $12.3 trillion worth of goods and services will be enabled by 5G networks, adding nearly 22 million jobs and approximately $3 trillion to worldwide GDP. Accompanying this favorable outlook is the fact that the smartphone industry has shown a steady upward trend. According to a study by telecommunications firm Ericsson, there is expected to be over 6 billion smartphone users by 2020.
Being the first in the industry to develop 5G-ready online charging system, it remains to be seen whether Amdocs gets the first mover advantage in an industry slated to grow by leaps and bounds.
Amdocs’ shares have underperformed the industry in the last three months with an average gain of 4.4% compared with a rise of 11.3% for the latter.
Amdocs currently has a Zacks Rank #3 (Hold). Better-ranked stocks in the industry include DXC Technology Company (DXC - Free Report) , Nutanix, Inc. (NTNX - Free Report) and Himax Technologies, Inc. (HIMX - Free Report) , each carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
DXC Technology has an expected long-term earnings growth rate of 10.5%. It has exceeded estimates in each of the trailing four quarters with an average beat of 25.4%.
Nutanix has an expected long-term earnings growth rate of 20%. It has exceeded estimates in each of the trailing four quarters with an average beat of 18.5%.
Himax Technologies has an expected long-term earnings growth rate of 25%.
Zacks Top 10 Stocks for 2018
In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2018?
Last year's 2017 Zacks Top 10 Stocks portfolio produced double-digit winners, including FMC Corp. and VMware which racked up stellar gains of +67.9% and +61%. Now a brand-new portfolio has been handpicked from over 4,000 companies covered by the Zacks Rank. Don’t miss your chance to get in on these long-term buys.
Access Zacks Top 10 Stocks for 2018 today >>