IHS Markit Names BroadSoft The UCaaS Platform Global Market Share Leader
(Thomson Reuters ONE) -
As cloud unified communications moves upmarket to large enterprises and towards
multi-tenant cloud solutions, recent launch of BroadSoft Business positions
BroadSoft to build on market leadership position
GAITHERSBURG, Md., Jan. 16, 2017 (GLOBE NEWSWIRE) -- BroadSoft,
Inc. (NASDAQ:BSFT), has been identified by IHS Markit as the global Unified
Communications as a Service (UCaaS) platform leader, with 38% of the total
worldwide UCaaS seats running on its platforms, as of the second quarter of
2016. According to the IHS study, the BroadSoft UCaaS global market leadership
position places it ahead of its closest competitors.
A photo accompanying this announcement is available
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"The UCaaS market today is comprised of pure-plays, network operators, cable
MSOs, ISPs, system integrators, and traditional premises-based vendors. With a
multitude of options, things can be confusing for businesses trying to find the
right provider and service to fit their needs," said Diane Myers, senior
research director of VoIP, UC, and IMS for IHS Markit and author of the fourth
quarter 2016 Analyst Insight report. "Today, as our report and the data
indicate, the leader is BroadSoft, comprising the larger share of installed base
seats running over its platform."
In November 2016, BroadSoft announced it surpassed 15 million cloud UC lines
deployed globally, - an industry leading milestone three times greater than the
next nearest competitor. At the same time, BroadSoft market share for new cloud
UC line shipments is double that of the next closest competitor, a key trend as
BroadSoft expects the market for new cloud PBX/unified communications will
surpass on-premise PBX/UC equipment shipments by 2020.
According to the IHS report, BroadSoft see UCaaS as also moving upmarket to
large enterprises, and towards multi-tenant cloud solutions that now dominate
cloud telephony/UC deployments. As businesses move away from premises-based PBX
and UC vendors in favor of cloud alternatives, BroadSoft believes that it is
strongly positioned to capitalize on this movement through the recent launch of
BroadSoft Business - a comprehensive, fully integrated portfolio of cloud PBX,
unified communications, team collaboration and contact center applications,
delivered in the cloud from an authorized partner.
"Amongst a host of competitors, including the top third party platforms,
internal platforms and traditional vendors, BroadSoft has emerged, based on this
IHS report, as the global cloud unified communications leader," said Taher
Behbehani, chief digital and marketing officer, BroadSoft. "As a multi-tenant
UCaaS solution that can deliver cost and scalability benefits to services
providers and businesses alike, BroadSoft Business positions us for even greater
growth going forward."
"BroadSoft's success is the result of not only its early work in this market,
but its focus on securing tier 1 operators as customers of the platform
worldwide, along with smaller, nimble competitive providers," adds Myers. "This
diversification and global scope has given BroadSoft a unique position in the
market. Additionally, it is making the pivot to mobile through high profile
mobile UC/business VoLTE launches with Verizon and Rogers in 2016, which keeps
it relevant in a changing market."
To download the full IHS Markit report, click here.
Results based on based on IHS Markit, Technology Group, Platforms That Drive
UCaaS Analyst Insight, October 19, 2016. Results are not an endorsement of
Broadsoft, Inc. Any reliance on these results is at the third party's own risk.
Visit technology.ihs.com for more details.
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 "can" 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. 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 well 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 January 16, 2017. 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.
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Investor Relations:
Chris Martin
+1 561-404-2130
cmartin(at)broadsoft.com
Media Contacts:
Eve Levestam, Press and Media Relations
+1 240 720 9643
pr(at)broadsoft.com
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: 16.01.2017 - 08:00 Uhr
Sprache: Deutsch
News-ID 517687
Anzahl Zeichen: 7316
contact information:
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Kategorie:
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