With the increasing convergence of wireless and Pay TV offerings, we are seeing traditional Pay TV providers continue to promote broadband and establish mobile services which requires them to transform their legacy business systems to accelerate their new digital offerings. Over the past few years this convergence has been a strategic growth engine for Amdocs and we fully expect this to continue in the future.
Following the successful acquisitions of Vubiquity and UXP Systems in fiscal 2018, we created Amdocs Media, integrating these and other Amdocs assets such as Vindicia, to allow service providers to monetize content as they build their media and entertainment business, and launched Amdocs MarketONE, a new subscription monetization solution. The importance of content in driving customer loyalty has never been greater as our customers seek to strengthen their brand across all channels. With our well-established business relationships with service providers, combined with technology and distribution ties to content creators and video distributors, we believe we are uniquely positioned to bring value in support of media and other direct-to-consumer opportunities.
Selected Pay TV/media projects
The importance of content in driving customer loyalty has never been greater as our customers seek to strengthen their brand across all channels