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Friday, May 3, 2024

Sierra Signs Amdocs Deal

Sierra Wireless Inc. has partnered with Amdocs to supply products that reduce the complexity of designing, deploying, managing and servicing a private cellular network.

Sierra, a subsidiary of Semtech Corp., the Camarillo-based semiconductor and Internet-of-Things products manufacturer, will work with Amdocs, a Chesterfield, Missouri-based company that provides software and services for communications, media and financial services providers and digital enterprises, to drive channel sales initiatives, reduce overall complexity and provide a scalable network-as-a-service for enterprise customers within the Anterix 900Mhz citizen broadband radio systems and 5G standalone global markets, according to a release from Sierra, which is based in Richmond, British Columbia.

The partnership’s customers will include utilities, governments, transportation, smart cities, robotics and smart warehousing.

In a report published in December, market research firm Counterpoint Research forecast that the LTE/5G private networks industry would increase from $2.5 billion in revenue at the end of last year to reach $21.8 billion at the end of 2030.

Grant Kyle, head of strategic partnerships at Sierra, said that interest in private networking is “exploding” as more companies realize the opportunity and benefits of having increased coverage, security and flexibility for their mission- and business-critical applications.

Anthony Goonetilleke, Amdocs group president of technology and head of strategy, said that private networks will increasingly deliver secure, reliable connectivity to a wide variety of enterprises and consumers.

“Therefore, we are pleased to bring our portfolio of network capabilities, including the design, deployment and operation of private networks, to this collaboration with Sierra Wireless,” Goonetilleke said.

Hannah Madans Welk
Hannah Madans Welk
Hannah Madans Welk is a managing editor at the Los Angeles Business Journal and the San Fernando Valley Business Journal. She previously covered real estate for the Los Angeles Business Journal. She has done work with publications including The Orange County Register, The Real Deal and doityourself.com.

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