Voice Over Internet Protocol (VoIP) Popularity Gains
Momentum for Tech Companies in Multi-Billion Dollar
Industry
Palm Beach, FL (August 2, 2017) -- Voice over internet Protocol
(VoIP) is gaining major traction these days for telecommunications
and business applications while the newest technology developments,
functionality and advancements are introduced into the market on
almost a daily basis. Analysts from Infonetics Research
recently amended their previous voice over internet protocol (VoIP)
market forecast to account for additional growth that may bring
global revenues to $76.1 billion in 2018. Consumers continued
movement towards cutting the cord is becoming more of the norm in
the multi-billion dollar industry and is forecasted to reach new
levels going forward. Tech companies in focus this week with
current developments in the market include: HD View 360 Inc.
(OTC:
HDVW), RingCentral Inc. (NYSE:
RNG), 8x8 Inc. (NASDAQ: EGHT),
Mitel Networks Corporation (NASDAQ:
MITL) and Apple Inc. (NASDAQ: AAPL)
HD View 360 Inc. (OTCQB:
HDVW), announced today several key technology and marketing
enhancements to its wholly owned subsidiary, SimpleFone.
SimpleFone Inc., ("SFI") is an innovative Voice over Internet
Protocol (VoIP) provider currently selling its telephone services
to multiple nationally-recognized franchise brands. Over the past
three months, the company has been revamping its infrastructure to
prepare for an influx in growth by launching a more consumer-driven
website, introducing its Simple Affiliate Partner sales program, implementing
new software and POS/CRM integration functionality, and
establishing a much safer and secure SRTP/TLS compliant encryption
platform. Through these upgrades, and more, the company plans to
further support its ever-growing list of consumer and investor
needs. Read this and more news for HDVW at
http://www.marketnewsupdates.com/news/hdvw.html
We are beyond excited to introduce SimpleFone and its updated
features to the marketplace, said SimpleFone and HD View 360 CEO
Dennis Mancino. By activating the next phase in our acquisition
strategy, HD View 360 is actively positioning SimpleFone to become
a leading VoIP carrier in the rapidly growing, $195-billion-a-year
VoIP industry.
SimpleFone also recently secured a data housing center near its
headquarters in Miami, Florida, with a redundancy center in
Phoenix, Arizona, and purchased a new VoIP phone switch capable of
servicing up to 100,000 phone lines simultaneously. These essential
infrastructure investments position the cloud-based VoIP solution
to generate a Monthly Recurring Revenue (MRR) stream of up to $3
million per month in B2B sales. And, as their client base grows, so
will SimpleFones VoIP switch capacity with additional servers at
the ready to accommodate more users. These new features, combined
with a cost-efficient, upgraded software and fully-encrypted
system, will allow us to capture a significant portion of the
market by 2024, while providing exceptional service to our
customers and increased profit margins to our loyal shareholders,
said Mancino.
In other technology news and developments from around the
markets:
RingCentral Inc. (NYSE:
RNG) closed up 2.01% on Tuesday at $35.50 on over 1 million
shares traded by the market close. The company recently announced a
leading provider of global enterprise cloud communications and
collaboration solutions, today announced that Tuff Shed, Americas
premier supplier of storage buildings and garages, has selected
RingCentral for its communications and collaboration needs across
the entire organization. Tuff Shed deployed the RingCentral Office
and RingCentral Contact Center solutions. Recognizing the value of
moving its business communications to the cloud, Tuff Shed cites
enhanced employee mobility, ease of manageability, and scalability
as key benefits of the RingCentral solution. l
8x8 Inc. (NASDAQ: EGHT)
closed up slightly on Tuesday at $12.95 on over 1.1 million shares
traded by the market close. The company recently announced Chief
Financial Officer Mary Ellen Genovese will present at the
Oppenheimer 20th Annual Technology, Internet & Communications
Conference at the Four Seasons Hotel in Boston. 8x8s presentation
is scheduled for Tuesday, August 8, 2017 at 10:25 am EDT. A live
webcast and archive version will be available at
investors.8x8.com.
Mitel Networks Corporation (NASDAQ:
MITL) closed up 2.11% on Tuesday at $8.70 on over 1.3 million
shares traded by the market close. The company recently announced
financial results for the second quarter ended June 30, 2017.
During the quarter, Mitel experienced a distinct acceleration by
its customers into hosted cloud solutions and services. That shift
manifested itself in a record level of cloud bookings for the
company, said Rich McBee, Chief Executive Officer. In line with the
market shift, in the second quarter Mitel initiated significant
organization structural changes to accelerate our move-to-the-cloud
strategy further with the consolidation of previously separate
Enterprise and Cloud organizations. While we expect the benefits of
these changes to be fully realized in the coming quarters, we have
seen immediate improvements in customer experience and reduced
operational expenditures as a result of our business
realignment.
Apple Inc. (NASDAQ: AAPL)
closed up slightly on Tuesday on over 23.7 million shares traded by
the market close. The company recently announced financial results
for its fiscal 2017 third quarter ended July 1, 2017. The Company
posted quarterly revenue of $45.4 billion and quarterly earnings
per diluted share of $1.67. These results compare to revenue of
$42.4 billion and earnings per diluted share of $1.42 in the
year-ago quarter. International sales accounted for 61 percent of
the quarters revenue. With revenue up 7 percent year-over-year,
were happy to report our third consecutive quarter of accelerating
growth and an all-time quarterly record for Services revenue, said
Tim Cook, Apples CEO. We hosted an incredibly successful Worldwide
Developers Conference in June, and were very excited about the
advances in iOS, macOS, watchOS and tvOS coming this fall. Read
more here: https://finance.yahoo.com/news/apple-reports-third-quarter-results-203000545.html
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