CaaS Featured Article

Hybrid Cloud Deployments is the Major Factor for UCaaS Growth, says Synergy Research

June 17, 2014

According to the New Q1 data from Synergy (News - Alert) Research Group, hybrid deployments are making way for UCaaS growth.

Though the hybrid cloud has scaled up to 14 percent of total UCaaS subscribers as of the end of the first quarter of 2014, the report from the Synergy Research indicates that the hybrid deployments increased 46 percent over the past year.

“In common with developments seen in other enterprise cloud markets, hybrid deployments are relatively small but gaining a lot of traction with UCaaS customers,” said Jeremy Duke, Synergy Research Group’s founder and Chief Analyst.

Duke pointed out that hybrid cloud combine the cost and flexibility benefits of public cloud with the control and security benefits of private cloud.

8x8 (News - Alert) has been leading with 14 percent market share in the UCaaS service revenues and five service providers including RingCentral, ShoreTel, Mitel and Vonage/Vocalocity (News - Alert), drove more than 50 percent of UCaaS service revenues. In addition, iCore Networks, West IP, Jive Communications and Fonality are making progress in the UCaaS market.

Officials at 8x8 said that the company’s total fourth-quarter fiscal 2014 revenue increased 29 percent year-over-year to $35.8 million. And most of 8x8's revenue was increased by channel and mid-market sales, which it said comprised a record 39 percent of new monthly recurring revenue sold in the quarter.

Duke further added, “UCaaS still has a long way to go in terms of penetrating the managed and hosted business voice market, and I fully expect hybrid to take an increasing share of the rapidly growing UCaaS market.”

Synergy has been on the forefront offering quarterly market tracking and segmentation data on IT and Cloud related markets, including vendor revenues by segment and by region. The company provides the market shares and forecasts using its exclusively designed online database tool, which enables easy access to complex data sets.

 

Article comments powered by Disqus

Related CaaS Articles

Wheelings & Dealings: Yappn Purchases Ortsbo Patent and E-commerce Language Services Assets

Yappn has been moving quickly to expand and along with its wheelings and dealings the company is looking toward release of what it says are a number of solutions it is testing that enable single language online storefronts to effectively market, sell and support their global Etailing efforts. It also says it is expecting to soon deliver its framework for commercial revenue programs. [ Read More ]
05/26/2015

Wheelings & Dealings: Switch Communications Closes with $35 Million in Series C Funding

Switch Communications Inc. is a startup company based in San Francisco that had a public launch at the beginning of this year. The company is focused on unified communications-as-a-service (UCaaS) and just about four months ago it made its cloud-based communications suite generally available. Since launching, the company released products such as Nosh, NoshList, Jotly, and UberConference, which allows you set up and host conference calls from your smartphone. [ Read More ]
05/22/2015

Wheelings & Dealings: CoreDial Receives $27.5 Million Investment to Improve Cloud Platform for MSPs and Channel Partners

SaaS platform provider CoreDial has received a $27.5 million investment supporting technology development and innovation. The funding, from private equity firm LLR Partners, is meant to help the company better deliver its cloud offerings to MSPs, IT solution providers and VARs through its SaaS platform and accompanying business model. [ Read More ]
05/19/2015

PLUMgrid Virtual Network Infrastructure Integrated with Interactive Intelligence CaaS Solution

Sunnyvale, California-based PLUMgrid, a leading provider of virtual network infrastructure for OpenStack clouds, has partnered with customer experience solutions provider Interactive Intelligence to integrate its Open Networking Suite (ONS) for OpenStack with the Interactive Intelligence Communications as a Service (CaaS) cloud solution. [ Read More ]
05/13/2015

Events

Weekly Live Demo
CaaS Small Center

Register Today!


Weekly Live Demo
Contact Center Solutions

Register Today!