Security News
A ResearchAndMarkets study provides an in-depth analysis of trends, growth factors and growth opportunities in the European UCaaS market. International providers will enter the European markets and European providers will seek to expand internationally, creating new levels of competition.
Alcatel-Lucent Enterprise and RingCentral are joining forces to launch Rainbow Office, powered by RingCentral, a Unified Communication as a Service solution, in Ireland. Stemming from a strategic partnership between RingCentral and Alcatel-Lucent Enterprise, announced in August 2020, Rainbow Office, powered by RingCentral, will combine the very latest in UCaaS technology from RingCentral, with market-leading networking, communication, and cloud solutions and services from Alcatel-Lucent Enterprise's portfolio, making it a unique offering in the market.
The partnership will enable Stack8 to offer RingCentral's Unified Communications as-a-Service platform to their large enterprise customers around the world. Stack8 will provide RingCentral Office®-a Unified Communications platform that provides cloud-based team messaging, video meetings, and an international cloud phone system to all customers.
The global Unified Communications as a Service market size was valued at $13.8 billion in 2019 and is anticipated to reach $24.3 billion at a CAGR of 8.4% from 2020 to 2026, according to Valuates Reports. The key factors driving the growth of the UCaaS market size include increasing UCaaS demand from large and medium-sized enterprises and the trends towards mobility and BYOD. Factors such as developments in artificial intelligence, machine learning, and other emerging technologies will generate ample opportunities for the growth of UCaaS market size.
Security and network services are the top challenges for enterprises deploying or considering UCaaS and CCaaS technologies, and decision makers prefer bundled solutions that add security features, a software-defined network, and 24/7 performance monitoring, according to Masergy. The study analyzed responses from IT decision makers at global enterprises that are evaluating, planning to implement or have implemented UCaaS or CCaaS. Findings revealed that data security and network performance are the top two areas that IT focuses on to ensure their UCaaS and CCaaS solutions are successfully delivering on business goals.
Masergy announced the expansion of its UCaaS offering to include collaboration endpoints from Cisco’s 8800 and 6800 series. This news highlights Masergy’s continued commitment to accommodate a...