8x8 Board of Directors Member Vikram Verma Named CEO to Fuel Profitable Growth, Global Expansion
September 10, 2013
By Rachel Ramsey
, TMCnet Web Editor
Big news for 8x8 (News - Alert)! The cloud communications services and solutions provider recently appointed Vikram Verma as its new CEO. Verma served on 8x8’s Board of Directors since January 2012 and brings more than 23 years of executive experience to the table, including President of Strategic Venture Development at Lockheed Martin (News - Alert) and Chairman of the Board and CEO of Savi Technology.
Former CEO Bryan Martin will continue working with 8x8 as Chief Technology Officer and Chairman of the Board of Directors.
"8x8 has been an innovator in the industry and today is the leading provider of Unified Communications (News - Alert) as a Service solutions," said Martin. "Our next frontier is to scale domestically and globally to better serve our current multi-national customers as well as to bring our cloud communications services into new markets worldwide."
8x8 delivers communications services to more than 30,000 business customers and hopes to continue to grow under Verma’s leadership. As a member of the Board, Verma worked with management to define 8x8’s plan for continued profitable growth through increased mid-market penetration, global expansion and ongoing investment in innovative unified and mobile communications services.
The company’s solutions are backed by more than 90 U.S. patents for voice, data, video and mobile communications, offering scalability, rapid deployment, ease of use and complete integration for users. Its product portfolio includes 8x8 Virtual Office, 8x8 Virtual Office Pro, 8x8 Virtual Office Mobile, 8x8 Virtual Contact Center, 8x8 Virtual Room and 8x8 Virtual Meeting.
"I am honored to join the senior management team of 8x8 at this exciting time in the company's growth," said Verma in a statement. "8x8 is well positioned to take advantage of the significant global market opportunity that exists for cloud-based unified communications, a market that in the U.S. alone is only about 10 percent penetrated. I look forward to working closely with Bryan, the Board of Directors, our senior leadership team, and the employees at 8x8 to build on the company's current success and position the company for continued growth across multiple domestic and international markets."
Edited by Rory J. Thompson