AMDocs takes over PROFINIT: Strong impulses for AI and data services!

AMDocs takes over PROFINIT: Strong impulses for AI and data services!

In a significant step, AMDOCs, known as a global leading provider of software and IT services, has announced the takeover of Profinit, a renowned Czech company for software development and data management. This takeover, which will expand the competencies of AMDOCs in the areas of data science and artificial intelligence, takes place at a time when the demand for data solutions and AI technologies in the telecommunications industry and beyond grows. Profinit will continue to act as an independent brand, but keep the high service standard while receiving access to the extensive resources and expertise from AMDocs, so APA-OTS

AMDOCS CEO Shuky Sheffer emphasized that this takeover will play a crucial role in expanding its services, especially in the area of data services and solutions for generative artificial intelligence. Riki Efraim-Lederman, President of the AMDOCS Studios Division, also noted that the PROFINIT portfolio will strengthen the ability of AMDOCs to provide innovative solutions and to support its customers in digital transformation. The managing director of Profinit, Pavel Jíhlavec, emphasized his enthusiasm for the partnership with AMDocs: "This takeover opens up new horizons for both our employees and for our customers", as well as Profinit reported.

Profinite, which has its headquarters in Prague and generated sales of 37 million euros in 2023, employs over 500 experts in the areas of software development, data management and artificial intelligence. The company now serves customers from various areas, including banks, insurance and telecommunications. By accelerating personnel acquisition, Profinit will expand its capacities to support the new role as a European service center for AMDocs Studios. This strategic takeover not only marks an important step for AMDOCs, but also an enormous incentive for profinite to further expand its services and innovative strength.

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