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RingCentral Leads with First Place and Highest Growth in 2020 Frost Radar UCaaS North American Market Report from Frost & SullivanRingCentral, Inc. (NYSE:RNG), a leading provider of global enterprise cloud communications, video meetings, collaboration, and contact center solutions, today announced it has ranked first and highest for growth in the 2020 Frost Radar™ UCaaS Market Report from Frost & Sullivan (News - Alert) for the second year in a row. Frost Radar is an annual North American hosted IP telephony and UCaaS Radar report, which delivers analysis of 30 providers on their growth and innovation leadership, notable accomplishments in the past year, and prospects for success based on their technology development roadmaps and effective go-to-market strategies. RingCentral (News - Alert) was also ranked as the number one market share leader in a separate report issued by Frost & Sullivan focused on growth opportunities in the UCaaS market. "In both 2019 and 2020, RingCentral retained its market share lead with high growth rates propped up by a robust feature set including mobility and video meetings; strong push into strategic partnerships and channels; and accelerated penetration upmarket," said Elka Popova, global vice president for Connected Work, Frost & Sullivan. "In 2020 RingCentral captured the opportunity to enable remote working with compelling offerings (e.g., free trials), which drove traction in healthcare, education and government organizations, among other industry verticals." The 2020 Frost Radar UCaaS report highlights a number of key strengths for RingCentral, including:
Results are based on the 2020 Frost Radar UCaaS report from Frost & Sullivan. For more information, please view a complimentary copy of the report. Results are not an endorsement of RingCentral. Visit ww2.frost.com for more details. About RingCentral RingCentral, Inc. (NYSE: RNG) is a leading provider of business cloud communications and contact center solutions based on its powerful Message Video Phone™????(MVP™) platform. More flexible and cost effective than legacy on-premise PBX (News - Alert) and video conferencing systems that it replaces, RingCentral empowers modern mobile and distributed workforces to communicate, collaborate, and connect via any mode, any device, and any location. RingCentral offers three key products in its portfolio including RingCentral Office®?, a Unified Communications (News - Alert) as a Service (UCaaS) platform including team messaging, video meetings, and a cloud phone system; Glip?®??the company's free video meetings solution with team messaging that enables Smart Video Meetings™; and RingCentral cloud Contact Center ??solutions. RingCentral's open platform integrates with leading third party business applications and enables customers to easily customize business workflows. RingCentral is headquartered in Belmont, California, and has offices around the world. © 2021 RingCentral, Inc. All rights reserved. RingCentral, Message Video Phone (News - Alert), ??MVP, RingCentral Office, Glip, Smart Video Meetings, and the RingCentral logo are trademarks of RingCentral, Inc.
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