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Amdocs

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amdocs
Company typePublic
Nasdaq: DOX
Russell 1000 Component
FoundedAurec Information & Directory Systems (today known as Amdocs), Israel (1982)[1]
FounderMorris Kahn, Boaz Dotan
Headquarters
RevenueIncreaseUS$3.7 billion (FY 2016)[2]
Number of employees
26,200+
Websiteamdocs.com

Amdocs is a multinational corporation initially incorporated in Israel, currently headquartered in Chesterfield, Missouri, with support and development centers located worldwide. The company specializes in software and services for communications, media and financial services providers and digital enterprises. Its offerings include business support systems (BSS), operational support systems (OSS), open network solutions, Internet of Things, big data analytics and entertainment and media solutions.[clarification needed]

History

The company was found in 1982 as an offshoot of Golden Pages, the Israeli phone directory company, which was owned by the Aurec Group headed by Morris Kahn.[3] Together with others at Golden Pages, Kahn developed a billing software program for phone directory companies and with Boaz Dotan established a company called Aurec Information & Directory Systems to market this product.[4][5] In 1985, Southwestern Bell Corporation acquired a 50 percent ownership share of Aurec Information & Directory Systems, and its name was changed to Amdocs. Within two years, the Aurec Group sold off all its holdings in Amdocs for almost US$1 billion.[4]

Between 1990 and 1995 Amdocs took its initial diversification steps, expanding first into the wireline telephony arena and then the mobile space. Over the years, Amdocs has continued to expand its product and services offerings. The company went public on the New York Stock Exchange in June 1998, moving to the NASDAQ Global Select Market in 2014.[4]

On September 7, 2016 Amdocs launched "Amdocs Optima", a new division geared towards providing its customer care solution for digital enterprises with less than 10 million subscribers and MVNOs/MVNEs.[6]

CEO Timeline

  • In 1982, Boaz Dotan became Amdocs' first President and CEO
  • In 1995, Avi Naor replaced Boaz Dotan as President and CEO of Amdocs
  • In 2002, Dov Baharav replaced Avi Naor as Amdocs' President and CEO.[7]
  • In November 2010, Eli Gelman replaced Dov Baharav as Amdocs' President and CEO.[8]
  • In October 2018, Shuky Sheffer replaced Eli Gelman as Amdocs' President and CEO.

Controversy

Amdocs' broad access to U.S. telephone transaction records has raised counterintelligence concerns in the U.S. government about the vulnerability of this information to exploitation by Israeli spies.[9][10][11] "As early as 1999, the National Security Agency issued a warning that records of U.S. government telephone calls were ending up in foreign hands – Israel's, in particular."[12]

In early 2000, federal agencies conducted a counterintelligence investigation to determine if Amdocs was being used by Israel to eavesdrop on U.S. government communications. The investigation found no evidence of such activity.[13]

See also

References

  1. ^ "Amdocs Website". Amdocs.com. Retrieved 26 January 2013.
  2. ^ "Amdocs Investors Relations - Investor Relations Home". Investors.amdocs.com. Retrieved 26 January 2013.
  3. ^ "#937 Morris Kahn". Forbes.com. 12 February 2010. Retrieved 26 January 2013.
  4. ^ a b c Georgi, Anat; Grimland, Guy (9 May 2011). "Confessions of a 'start-up junkie'". Haaretz. Retrieved 12 May 2011.
  5. ^ "AIG's Joint Venture Insurance Company In Israel Receives License To Market Life Insurance". 9 June 1999.[permanent dead link]
  6. ^ "Amdocs Introduces Amdocs Optima, Expanding its Value Proposition to Midsized Communication Businesses and Digital Enterprises". www.amdocs.com. Retrieved 7 September 2016.
  7. ^ "Dov Baharav to Succeed Avi Naor as President and CEO of Amdocs Management Limited - Eff. Oct 1, 2002; Naor to Become Vice Chairman of the Board", Business Wire, 13 March 2002
  8. ^ "Amdocs Announces Eli Gelman to Succeed Dov Baharav as President and CEO in Early Calendar 2011", PR Newswire, 6 September 2010
  9. ^ "Fox News Series On Israeli Spying In America". www.rense.com. Retrieved 25 June 2017.
  10. ^ NoTimeToStray (28 February 2013), The Notorious Banned FOX 9-11-2001 News Footage Israeli/Mossad Links, retrieved 25 June 2017
  11. ^ "Despite Coverup, Israel Caught Spying in Washington Again". Washington Report on Middle East Affairs. Retrieved 25 June 2017.
  12. ^ "An Israeli Trojan Horse". CounterPunch. 27 September 2008. Retrieved 25 June 2017.
  13. ^ Johnston, David (6 May 2000). "Israeli Spy Inquiry Finds Nothing, Officials Say". The New York Times. Retrieved 5 October 2017.

Media related to Amdocs at Wikimedia Commons

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