In August of this year, Amdocs, one of the global communications and media leaders, acquired Openet. At VoltDB, we are very happy and proud to hear this news! For the past 7 years, we have been the basic data platform for Openet solutions.
Although many suppliers are still working hard to make 5G work normally, Openet has taken a bold step to build 5G needs and has already gained revenue through new business acquisitions.
5G without compromise
Joe Hogan, the founder and chief technology officer of Openet, said in the news announcing the cooperation: "In this exciting 5G application period, we all look forward to the combination of the technological advantages of Openet and Amdocs to create new opportunities for service providers. "With this in mind, the following is a summary of the technical advantages that Amdocs will gain after the acquisition of Openet:
1. Modern, cloud-native platform
The Openet platform is built from scratch. It uses technologies such as containerization to provide customers with an "out of the box" experience and a faster path to 5G transformation. Many traditional vendors are trying to adapt to the new competitive landscape by simply moving existing applications and associated data to the cloud platform. In contrast, Openet has designed and built a brand new platform that can meet today's needs for fast response, flexibility, fault tolerance, virtualization, and elastic scaling.
2. Precise, real-time decision making
Amdocs' acquisition of Openet shows their recognition of 5G, which brings new profit growth points to areas outside the traditional market. To seize these market opportunities, it is necessary to take advantage of the near-zero delay data transmission characteristics of 5G without affecting data accuracy. With the support of VoltDB, Openet applications can meet the full range of 5G requirements: ultra-low latency, predictable scalability, cloud-native architecture, intelligence, and data consistency.
3. Convergence of network and IT facilities
There are many opinions and articles on the Internet, analyzing how 5G can achieve the leap from human intelligent terminal to device intelligent/semi-intelligent terminal. Compared with the absolute number of humans, the number of these smart devices is huge, they operate in millisecond delay units, and cannot tolerate interruptions or SLA violations. The Internet of Things market hopes to extend the current technical solutions to the edge of the network. Obviously, this will bring a series of new challenges and opportunities. Openet's rich experience in network monetization, billing and policy control enables them to cope with increasingly complex IoT market applications and design a product line supported by VoltDB that meets both 5G standards and machine pairs The machine connects to various external IoT smart devices.
4. Agility and response speed
Openet realized early on that 5G will require a more agile and flexible microservice-oriented architecture (rather than a monolithic application architecture) in policy and billing algorithms in order to accelerate the implementation of new products, APIs and platforms. Through the Openet platform and VoltDB as the basic storage and decision engine, they can provide easy-to-customize template codes to support various applications and enable them to quickly respond to changing customer needs.
5. Cost control
Out-of-control cost is a major factor in the surge of newly launched (usually "free") database products in recent years. However, more and more companies have now realized that with low initial investment costs, they may soon face many new technical challenges, such as the expansion of hardware footprint and the inability to meet core requirements such as low-latency event processing. The application program supported by VoltDB eliminates excessive license fees, does not require expensive dedicated hardware, greatly reduces maintenance workload, and more effectively improves resource efficiency.
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