LOD, Israel, June 24, 2020 /PRNewswire/ --
Highlights
- Omdia's report Enterprise SBCs and VoIP Gateways Quarterly
Market Tracker: Q1 2020 reports that AudioCodes experienced a
24% year over year growth in SBC revenues in Q1 2020, more than any
of the other vendors covered in the report during the quarter
- AudioCodes ranked second among enterprise SBC vendors in the
report with 17% overall revenue market share
- AudioCodes Mediant SBCs deliver seamless voice
connectivity for Microsoft Teams Direct Routing,
bring-your-own-carrier (BYOC) and work-at-home solutions, service
provider all-IP migration, WebRTC and cloud real-time
communications
- Mediant SBCs are certified for use with leading unified
communications (UC) and contact center (CC) solutions, as well as
SIP trunk services worldwide
- AudioCodes Mediant family includes virtualized and cloud-native
SBCs suitable for deployment in public and private clouds, as well
as hardware appliances for customers looking for on-premises
integration
Details
AudioCodes (NASDAQ: AUDC), a leading vendor of advanced
communications software, products and productivity solutions for
the digital workplace, today announced that year-on-year (YoY)
growth in revenues from its enterprise session border controllers
(SBC) solutions in Q1 2020 compared to Q1 2019 exceeded that of all
other vendors covered in Omdia's report Enterprise SBCs and VoIP
Gateways Quarterly Market Tracker: Q1 2020. According to the
Omdia report, AudioCodes' SBC revenues grew 24% in Q1 2020 compared
to Q1 2019.
AudioCodes is ranked second among the SBC vendors covered in the
report with 17% overall revenue market share during Q1
2020.
Ideal for deployment in bring-your-own-carrier (BYOC) scenarios,
all-IP migration, work-at-home solutions and cloud real-time
communications, AudioCodes' Mediant SBCs are available as
virtualized and cloud-native platforms (suitable for deployment in
public and private cloud environments), as well as hardware
appliances for customers looking for on-premises integration.
Mediant SBCs are certified for use with SIP trunk providers
worldwide and leading unified communications and contact center
solutions. They offer security and broad interoperability with
virtually any SIP-based voice platform or network.
Featuring an integrated WebRTC gateway, Mediant SBCs bring
next-generation, high-quality browser-based communications to
enterprises and contact centers, including advanced solutions for
work-at-home.
"Our first quarter analysis shows that AudioCodes continues to
demonstrate consistent growth in the enterprise SBC space," said
Diane Myers, Chief Analyst,
Enterprise Collaboration. "Today's digital economy calls for
employees and contact center agents to work from the office or home
while collaborating and communicating efficiently, the enterprise
SBC is critical for facilitating secured, high quality and flexible
real time collaboration."
"The excellent YoY growth in revenues from sales of our SBCs in
Q1 2020 as reported by Omdia is a testament to the value our SBCs
offer our worldwide customer base," said Yehuda Herscovici, VP Product at AudioCodes.
"The solid demand for our SBCs during Q1 2020 stems from their
popularity in emerging areas such as Microsoft Teams, all-IP
migration and facilitating secure voice communications for
work-at-home employees and contact center agents."
Follow AudioCodes' social media channels:
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invites you to join our online community and follow us on:
AudioCodes Voice Blog, LinkedIn, Twitter, Facebook,
and YouTube.
About AudioCodes
AudioCodes Ltd. (NASDAQ, TASE: AUDC)
is a leading vendor of advanced communications software, products
and productivity solutions for the digital workplace. AudioCodes
enables enterprises and service providers to build and operate
all-IP voice networks for unified communications, contact centers,
and hosted business services. AudioCodes offers a broad range
of innovative products, solutions and services that are used by
large multi-national enterprises and leading tier-1 operators
around the world.
For more information on AudioCodes, visit
http://www.audiocodes.com.
Statements concerning AudioCodes' business outlook or future
economic performance; product introductions and plans and
objectives related thereto; and statements concerning assumptions
made or expectations as to any future events, conditions,
performance or other matters, are "forward-looking statements'' as
that term is defined under U.S. Federal securities laws.
Forward-looking statements are subject to various risks,
uncertainties and other factors that could cause actual results to
differ materially from those stated in such statements. These
risks, uncertainties and factors include, but are not limited to:
the effect of global economic conditions in general and conditions
in AudioCodes' industry and target markets in particular; shifts in
supply and demand; market acceptance of new products and the demand
for existing products; the impact of competitive products and
pricing on AudioCodes' and its customers' products and markets;
timely product and technology development, upgrades and the ability
to manage changes in market conditions as needed; possible need for
additional financing; the ability to satisfy covenants in the
Company's loan agreements; possible disruptions from acquisitions;
the ability of AudioCodes to successfully integrate the products
and operations of acquired companies into AudioCodes' business;
possible adverse impact of the COVID-19 pandemic on our business
and results of operations; and other factors detailed in
AudioCodes' filings with the U.S. Securities and Exchange
Commission. AudioCodes assumes no obligation to update the
information in this release.
©2020 AudioCodes Ltd. All rights reserved. AudioCodes, AC, HD
VoIP, HD VoIP Sounds Better, IPmedia, Mediant, MediaPack, What's
Inside Matters, OSN, SmartTAP, User Management Pack, VMAS,
VoIPerfect, VoIPerfectHD, Your Gateway To VoIP, 3GX, VocaNom,
AudioCodes One Voice, AudioCodes Meeting Insights, AudioCodes Room
Experience and CloudBond are trademarks or registered trademarks of
AudioCodes Limited. All other products or trademarks are property
of their respective owners. Product specifications are subject to
change without notice.
Company Contact
Shirley Nakar - Orgad
Director, Investor Relations
AudioCodes
Tel: +972-3-976-4000
shirley@audiocodes.com
IR Agency Contact
Brett Maas, Managing Partner
Hayden IR
Tel: +1-646-536-7331
Brett@haydenir.com
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SOURCE AudioCodes