- AMDOCs is a market -leading provider of software and IT services for the telecommunications industry with a strong presence in Germany and Austria – its customers include Deutsche Telekom, Vodafone, A1 Telekom Austria or three Austria.
- The Profinit company delivers various IT services to German and Austrian banks and insurance companies (e.g. Berenberg, VIG, Erste Group).
- By taking over, AMDOCs will strengthen its capacities in West and Central Europe and support profinite to expand its presence.
AMDOCs, a worldwide leading provider of software and IT services, announces the takeover of Profinit, a leading Czech provider of services and solutions in the areas of software development, data management, data science and AI.
With the takeover of Profinit AMDOCs expands its skills in the areas of data services and software development and can thus react to the growing demand for data solutions, artificial intelligence and generative AI in the telecommunications sector as well as in other industries. The takeover also strengthens the AMDocs Studios division in Europe.
Profinit will maintain his brand and high service standard and at the same time be able to grow through new business opportunities and to use AMDocs’ experiences and skills. As part of his new function as a European service center for the AMDocs Studios division, Profinit already accelerates his recruiting in order to strengthen his capacities and skills.
“We look forward to joining a company that shares our corporate culture and focuses on innovation, high service quality and customer success. The takeover opens up new horizons for both our employees and for our customers. You can rely on the same service quality and added value of the expertise and global experience of AMDocs “Sagt Pavel Jihlavec, CEO von Profinit.
“The takeover of Profinit is an important step in expanding our services, especially in the area of data services and solutions based on generative artificial intelligence. It will help us to react better to the growing demand for these technologies in telecommunications and other industries ”, Amdocs CEO of Siky Shefer.
“The extensive service portfolio of Profinit will strengthen our ability to deliver innovative solutions and to support our customers, especially in Europe, in their digital transformation”, Add Riki Efraim-Lederman, President of the AMDOCS Studios Division.
About Profinite
Profinit is a leading provider in the areas of customer -specific software development, data management & business intelligence and data science & KI and has its headquarters in Prague and a subsidiary in Hamburg. With its delivery centers in the Czech Republic and Slovakia, the company currently offers services for customers across Central and Western Europe – especially in the areas of banks and finances, insurance, fintech, pharmaceutical, telecommunications and supply companies. The company employs more than 500 software developers, data engineers and mathematicians and generated sales of 37 million euros in 2023.
About amdocs
Amdocs is a market-leading provider of software and services, which mainly serves the communication and media industry. Amdocs’ customers include some of the largest communication service providers in the world, such as AT&T, T-Mobile, Deutsche Telekom, Orange and Vodafone. In total, AMDocs looks after more than 400 customers in 90 countries. AMDOCs employs around 28,000 people worldwide, has its headquarters in the United States and has branches across North America as well as important locations in Europe, India, Israel and the entire APAC area. AMDocs is traded on the Nasdaq Global Select Market (Nasdaq: DOX) and recorded annual sales of $ 5.00 billion in the last financial year.