Japan's NTT InfraNet Selects Amdocs To Modernize Its IT Operations Systems And Migrate Them To The Cloud
Portfolio Pulse from Benzinga Newsdesk
Amdocs (NASDAQ:DOX) has entered into a managed services agreement with NTT Infrastructure Network Corporation (NTT InfraNet) to modernize and migrate NTT InfraNet's IT operations systems to the cloud. This collaboration aims to enhance efficiency, reduce costs, and improve business capabilities for NTT InfraNet. Amdocs will provide a comprehensive cloud platform, migrate legacy IT systems, and offer cloud security and operations services.
February 06, 2024 | 9:44 pm
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Amdocs signs a managed services agreement with NTT InfraNet for cloud migration and IT modernization, aiming to enhance business capabilities and efficiency.
The agreement with NTT InfraNet is significant for Amdocs as it not only showcases its cloud and IT modernization capabilities but also strengthens its position in the infrastructure and communications market. This partnership is likely to be viewed positively by investors, as it demonstrates Amdocs' ability to secure major contracts and potentially increase its revenue stream. The focus on cloud migration and IT modernization is in line with current industry trends, making this partnership particularly relevant.
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