Amdocs Ltd was organized under the laws of the Island of Guernsey in 1988. It is a provider of software and services for communications, media and entertainment industry. The Company designs, develops, markets, supports, implements and operates customer experience systems for wireless, wire-line, cable and satellite service providers. The Company develops, implements and manages software and services associated with business support systems, operational support systems and network control product offerings to enable service providers to introduce new products quickly, understand its customers more deeply, process orders more efficiently and support new business models. In addition, its products are designed to allow modular expansion as a service provider evolves, ensuring rapid, low-cost, reduced risk implementations. Its services include business consulting and systems integration as well as information technology outsourcing and business process outsourcing managed services to support the deployment and operations of service provider's business process. Its software systems support the full span of the customer lifecycle, revenue management, customer management, operations support, network control and digital services. The Company's competitors include, BSS/OSS systems, including CSG International, Oracle, Redknee, Salesforce and SAP, System integrators and providers of IT services, such as Accenture, Cognizant, Hewlett-Packard, IBM Global Services, Infosys, Tata Consultancy Services, Tech Mahindra Ltd and Wipro, Network equipment providers such as Alcatel-Lucent, Cisco, Ericsson, Huawei, Nokia Siemens, NEC and its subsidiary NetCracker, and ZTE and among others.