RingCentral Banks On Platform And Product Expansion To Cross $1 Billion Revenue Milestone
Summary
According to a Market research Future report, the global Cloud Communication Platform is estimated to grow 25% over the next few years to $5.7 billion, driven by the increasing adoption of BYOD and remote working practices within organizations. Recently, it introduced RingCentral Persist, a new solution that enables enterprise customers to continue to have communications services even if there is internet failure at their location. RingCentral Persist adds resiliency to its already-strong delivery infrastructure and has been deployed in places such as the Chase Center sports and entertainment complex. Embeddable will give developers the ability to integrate RingCentrals communications capabilities into any web application using a few lines of code. Customers from industries such as oil and gas, real estate, and healthcare can now access their new APIs that can address specific data retention needs.