What is the company's revenue growth rate for 2022-Q1 compared to the previous quarter 
he basics? Meaning, what drives your growth? What kind of projects that are happening in the market? Where you are in terms of high-level positioning in the market, kind of types of opportunities? I'm not talking about specific customers because you gave a lot of examples. I want more to understand the bigger picture. What's happening in the market that eventually drives your growth acceleration?
Shuky Sheffer -- President and Chief Executive Officer
Hi, Tal. I will start and Tamar can add. I think, first, there is a great alignment between our product and services to the market needs. I think, you know, that many years in the company, but this is one of the, I would say, the best-ever positioning of Amdocs that all the megatrends that, you know, we -- that was there, we predicted them, invested a lot to make sure that we are ready.
And we talked about these megatrends like 5G and journey to the cloud, and network automation, the [Inaudible] general. I think we are very ready to these megatrends. So, I think this is a one -- top reason. The second is that we see a lot of success globally.
So, it's not, you know, just in North America or in Europe. We see a very -- a good momentum -- sales momentum across all regions. And as important, as I mentioned, we see a lot of funnel ahead of us. So, it's not that, you know, we won some deal and that's it.
Actually -- and we see that the funnel of opportunities is increasing from quarter to quarter. So, the -- and as -- by the way, it's reflected by our backlog. So, if you took everything together, tying it all together, we believe we have a very strong momentum. We have the right product, right services.
I think that our technology leadership of our products comparing the competition is the highest ever. And so, we are very encouraged with our position. And as you see, it's working well. Tamar, do you want to add?
Tamar Rapaport-Dagim -- Joint Chief Financial and Operating Officer
Maybe just to add some different dimension of looking at it. As we look on our position in the market, as you know, we have a very strong customer base. So, one thing that is extremely important is that we are chosen again by key customers to build a future on Amdocs. So, talking about names such as AT&T, and T-Mobile, and Vodafone.
You know, they're building the next-generation stack to support their business and the heart of their strategy on Amdocs. And on top of that, we are expanding our footprint within very strong names in the market that are relatively new customer for us, but very strong in the market, such as Charter, such as Verizon, and other names. And then, add to that, penetration into many new logos globally, such as the examples we've given on the call, you know, PPF. We talked about additional affiliates within the Vodafone Group, for example, in Turkey.
We talked about Vodacom in Africa. And from quarter to quarter, you see more and more examples of these new logos that are supporting the growth as well. So, it's a combination of expanding in existing customers, entering new large potential logos that can be very meaningful for our future, and many, many other logos internationally.
Tal Liani -- Bank of America Merrill Lynch -- Analyst
Great. I have two quick questions also. Your customers, sometimes, they deploy -- you're a pure software company. Your customers, though, depend on equipment to launch some services, and they do suffer from supply constraints.
And we also cover the equipment vendors who are not growing as much as the order is growing just because they can't supply. So, the big question here is whether your business is impacted in any way by supply constraints that we're seeing across the hardware market? And if yes, how --
Shuky Sheffer -- President and Chief Executive Officer
And, Tal, the answer is no. First of all, we are working in the cloud, so we are not using, you know, directly connected to any hardware process like it used to be. And I would tell you that, so far, we did not encounter any headwinds which is related to the supply chain issue.
Tal Liani -- Bank of
he basics? Meaning, what drives your growth? What kind of projects that are happening in the market? Where you are in terms of high-level positioning in the market, kind of types of opportunities? I'm not talking about specific customers because you gave a lot of examples. I want more to understand the bigger picture. What's happening in the market that eventually drives your growth acceleration?
Shuky Sheffer -- President and Chief Executive Officer
Hi, Tal. I will start and Tamar can add. I think, first, there is a great alignment between our product and services to the market needs. I think, you know, that many years in the company, but this is one of the, I would say, the best-ever positioning of Amdocs that all the megatrends that, you know, we -- that was there, we predicted them, invested a lot to make sure that we are ready.
And we talked about these megatrends like 5G and journey to the cloud, and network automation, the [Inaudible] general. I think we are very ready to these megatrends. So, I think this is a one -- top reason. The second is that we see a lot of success globally.
So, it's not, you know, just in North America or in Europe. We see a very -- a good momentum -- sales momentum across all regions. And as important, as I mentioned, we see a lot of funnel ahead of us. So, it's not that, you know, we won some deal and that's it.
Actually -- and we see that the funnel of opportunities is increasing from quarter to quarter. So, the -- and as -- by the way, it's reflected by our backlog. So, if you took everything together, tying it all together, we believe we have a very strong momentum. We have the right product, right services.
I think that our technology leadership of our products comparing the competition is the highest ever. And so, we are very encouraged with our position. And as you see, it's working well. Tamar, do you want to add?
Tamar Rapaport-Dagim -- Joint Chief Financial and Operating Officer
 Maybe just to add some different dimension of looking at it. As we look on our position in the market, as you know, we have a very strong customer base. So, one thing that is extremely important is that we are chosen again by key customers to build a future on Amdocs. So, talking about names such as AT&T, and T-Mobile, and Vodafone.
You know, they're building the next-generation stack to support their business and the heart of their strategy on Amdocs. And on top of that, we are expanding our footprint within very strong names in the market that are relatively new customer for us, but very strong in the market, such as Charter, such as Verizon, and other names. And then, add to that, penetration into many new logos globally, such as the examples we've given on the call, you know, PPF. We talked about additional affiliates within the Vodafone Group, for example, in Turkey.
We talked about Vodacom in Africa. And from quarter to quarter, you see more and more examples of these new logos that are supporting the growth as well. So, it's a combination of expanding in existing customers, entering new large potential logos that can be very meaningful for our future, and many, many other logos internationally.
Tal Liani -- Bank of America Merrill Lynch -- Analyst
Great. I have two quick questions also. Your customers, sometimes, they deploy -- you're a pure software company. Your customers, though, depend on equipment to launch some services, and they do suffer from supply constraints.
And we also cover the equipment vendors who are not growing as much as the order is growing just because they can't supply. So, the big question here is whether your business is impacted in any way by supply constraints that we're seeing across the hardware market? And if yes, how --
Shuky Sheffer -- President and Chief Executive Officer
And, Tal, the answer is no. First of all, we are working in the cloud, so we are not using, you know, directly connected to any hardware process like it used to be. And I would tell you that, so far, we did not encounter any headwinds which is related to the supply chain issue.
Tal Liani -- Bank of