What it does: This company produces software and provides services to various firms, including media service providers, communications, satellite, and cable companies. Amdocs provides operational support systems and business support systems. The software they produce is adopted for media, marketing, and advertising solutions. It can also be used for mobile financial services.
Mission: Amdocs aims to contribute to societal progress and enrichment of lives through their services and solutions. They hope to leverage their technology and creativity to give their customers a top-notch digital experience.
Size and presence: Amdocs boasts over 27,000 employees across 55 locations globally.
Best known for: Amdocs is an industry leader in the software industry, and they provide their services to some of the top media and communications firms in the world. They are known for aligning their network and digital transformation to their clients' reinvention via creative solutions and technical expertise.
The good bits: Great organizational culture and a supportive work atmosphere.
The not so good bits: Poor work-life balance. The salary range is not competitive.
Amdocs was established in Israel in 1982 as a subsidiary of Golden Pages, an Israeli phone directory firm. Boaz Dotan was the first CEO of Amdocs. In 1985, Aurec Information & Directory Systems, the previous name for Amdocs, sold 50% of its shares to Southwestern Bell Corporation. That prompted a change of name to Amdocs. Aurec Group sold its remaining shares within Amdocs for almost a billion dollars within a couple of years.
From 1990-to 1995, Amdocs diversified into the wired telephone and the mobile phone market. They continued expanding their service offerings and products as time went on. In 1998, Amdocs was listed as a public limited liability company on the New York Stock Exchange. In 2014, it moved to the NASDAQ Global Select Market.
From that moment, Amdocs has been on an acquisition spree, establishing itself as a global brand and securing its footprint in different countries across the world. Last month, it announced the acquisition of MYCOM OSI for 188 million USD.
Amdocs is interested in the growth of their employees, and they help them achieve just that. Owning to the naturally intense atmosphere of the ever-dynamic technology industry, they provide a calm and relaxed work atmosphere to get the best out of their staff members. It has a great work culture, and it's the ideal learning environment, which is more beneficial for interns and fresh graduates.
The management doesn't just support the staff; they encourage them to voice their opinions and consider them.
AMD salary ranges from 5,353,197 INR for Interns or trainees to 19,579,346 INR for software engineers.
Thanks to a supportive work environment, employees at AMD can learn new things and enhance their experience. The company's University relations reach out to the best and brightest students and graduates who want to pursue a career in technology. AMD is an excellent place to begin your career.
The annual salary in Amdocs ranges from 550,000 INR for freshers to 4,200,000 INR for top executives.
Amdocs hopes to bridge the digital divide and enable the underprivileged communities to have access to ICT and the internet via digital skills, devices, and internet connections. They launched a Food waste application that has supplied food to more than 400,000 people. Amdocs volunteers developed an independent mobile application that facilitates food donations from restaurants, local companies, and other relevant sources to the waiting hands of needy communities.
The food donation process begins with sources who have an abundant supply of food, almost getting wasted. Amdocs track local families and people who register for food banks and food donations to come up with a list of eligible people, the type of food they receive, and how often they get food to eat. Their CSR projects help them get food that would have been wasted on people who need them.
In 2015, Advanced Micro Devices was accused of false advertising information regarding the core count of its FX series. The accusation emphasized that the cores of the FX series were very similar to that of the FPU. That was why AMD falsely advertised high core counts. As a result, AMD was mandated to pay over $12 million to residents of California who purchased a high-end FX chipset.