BroadSoft Surpasses 15 Million Cloud PBX/Unified Communications Lines Deployed and Maintains Leading Global Market Share
(Thomson Reuters ONE) -
BroadSoft cloud PBX/UCaaS installed base 3x greater than closest competitor
Cisco and 10x greater than RingCentral
GAITHERSBURG, Md., Nov. 09, 2016 (GLOBE NEWSWIRE) -- BroadSoft,
Inc.(NASDAQ:BSFT), a global unified communication software as a service (UCaaS)
leader, today announced it has surpassed 15 million cloud unified communications
(UC) lines deployed globally - an industry leading milestone that is three times
greater than the next nearest competitor. BroadSoft has also solidified its
position as the global leader for cloud PBX/UCaaS installed base with 41% global
market share, according to industry analyst Frost & Sullivan.
BroadSoft leads the cloud PBX/UCaaS market globally with a cloud installed base
of 15 million lines and is also poised for future growth as the market shifts to
UCaaS solutions.
A photo accompanying this announcement is available
at http://www.globenewswire.com/NewsRoom/AttachmentNg/74901fe6-cf66-44be-bf9f-
fde2db35b8e8
To build upon its market leadership position, on November 14, BroadSoft will
launch its BroadSoft Business application suite at their user conference,
Connections 2016. BroadSoft Business is one of the first comprehensive, fully
integrated portfolios of cloud PBX, unified communications, team collaboration
and contact center applications. BroadSoft Business offers service providers a
highly competitive and differentiated portfolio to gain market share and enable
service providers to expand into rapidly growing and profitable market segments.
A photo accompanying this announcement is available
at http://www.globenewswire.com/NewsRoom/AttachmentNg/0d7633e6-5b61-4416-a9fd-
5804d0e61ca7
"BroadSoft believes that the cloud market for new cloud PBX/unified
communications will surpass on-premise PBX/unified communication equipment
shipments by 2020. BroadSoft Business positions us to maintain our position as
the global cloud unified communications leader," said Taher Behbehani, chief
digital and marketing officer, BroadSoft. "As a multi-tenant UCaaS solution,
BroadSoft Business can deliver cost and scalability benefits to services
providers and businesses alike."
Analyst Perspectives
Elka Popova, North American Program Director, UC&C and ICT, Frost & Sullivan -
2015
"BroadSoft's share of the global hosted IP telephony and UCC services market is
41 percent, which confirms BroadSoft's market leadership."
Brent Kelly, President and Principal Analyst, KelCor, Inc. - 2016
"As communications and collaboration migrates to the cloud, market forces and
momentum favor three providers as the ultimate big winners: BroadSoft,
Microsoft, and Cisco."
Stephanie Watson, General Manager, MZA - 2016
"Multi-tenant cloud solutions have dominated cloud telephony/UC deployments to
date and over the forecast period this situation is expected to continue,
representing more than 55% of all cloud deployments in 2021. MZA estimates
BroadSoft based technology has a share of more than 50% of the Worldwide Multi-
Tenant user base, and over 45% of the EMEA user base."
Jeremy Duke, President, Synergy Research Group - 2016
"BroadSoft is the leader providing hosted and public cloud call control to the
top CSPs and UCaaS providers globally. In Synergy's latest report IP PBX -
Premise & Hosted/Cloud Call Control, the installed base of hosted and public
cloud call control was measured at 29.9 million subscribers and licenses - of
which BroadSoft holds a leading position with a 45.5% market share."
Forward-Looking Statements:
This press release contains forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. These forward-looking
statements may be identified by their use of terms and phrases such as "enables"
and "will," and other similar terms and phrases and include, among others,
statements regarding the benefits to BroadSoft's customers resulting from the
use of the BroadSoft Business application suite. The outcome of the events
described in these forward-looking statements is subject to known and unknown
risks, uncertainties and other factors that could cause actual results to differ
materially from the results anticipated by these forward-looking statements,
including, but not limited to, the financial and other benefits to BroadSoft
resulting from the use of BroadSoft Business by its service provider customers
as those factors contained in the "Risk Factors" section of BroadSoft's Form 10-
K for the year ended December 31, 2015, filed with the Securities and Exchange
Commission, or SEC, on February 29, 2016, and in BroadSoft's other filings with
the SEC. All information in this release is as of November 9, 2016. Except as
required by law, BroadSoft undertakes no obligation to update publicly any
forward-looking statement made herein for any reason to conform the statement to
actual results or changes in its expectations.
About BroadSoft:
BroadSoft is the technology innovator in cloud communications, collaboration,
and contact center solutions for businesses and service providers across 80
countries. We are the market share leader for cloud unified communications with
an open, mobile and secure platform trusted by 25 of the world's top 30 service
providers by revenue. Our BroadSoft Business application suite empowers users
and teams to share ideas and work simply to achieve breakthrough performance.
For additional information, visit www.BroadSoft.com.
Twitter | LinkedIn | Work It!
The photo is also available via AP PhotoExpress.
Investor Relations:
Chris Martin
+1 561-404-2130
cmartin(at)broadsoft.com
Media Contacts:
Americas
Brian Lustig, Bluetext PR for BroadSoft US
+1 301.775.6203
brian(at)bluetext.com
Europe
Andy Crisp / Jon Bawden / Kate Anderson, Cohesive for BroadSoft UK
+44 (0) 1291 626200
broadsoft(at)wearecohesive.com
APAC
Terry Alberstein, Navigate Communication
+61 (0) 458-484-921
terry(at)navigatecommunication.com.au
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: BroadSoft, Inc. via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 09.11.2016 - 08:00 Uhr
Sprache: Deutsch
News-ID 505777
Anzahl Zeichen: 7096
contact information:
Town:
Gaithersburg
Kategorie:
Business News
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