Cloud GrowthAmdocs' cloud offerings contributed 25% to FY'24 sales, up from 20% in the prior year, growing at a double-digit rate.
Revenue VisibilityManagement continues to highlight a near-100% retention rate and a 12-month backlog covering 90% of expected FY25 revenue, up from a historical 80% contribution.
Technology PositioningThe company re-platformed all of its products to be cloud-native, positioning itself for the coming technology cycle, including the 5G upgrade and CSPs moving to the cloud.