Switchvox Extends Market Leadership in 2006 with Record Revenue Growth Quarter-Over-Quarter.Revenues, Customers and International Expansion Continue to Grow as IP PBX (Internet Protocol Private Branch eXchange) A telephone switch that supports voice over IP (VoIP). IP PBXs convert IP phone calls into traditional circuit-switched TDM connections for the PSTN. Market Education Increases within the SMB (1) (Small to Medium-sized Business) Also called "SME" (small to medium-sized enterprise), it refers to companies that are larger than the small office/home office (SOHO), but not huge. Community SAN DIEGO San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. -- Switchvox, a provider of IP PBX phone systems for small- to medium-sized businesses (SMBs), today announced revenue grew more than 100% quarter-over-quarter during 2006. Switchvox has also gained international traction within the SMB community, with its IP PBX systems now installed in 20 countries. Switchvox's reseller program has been a major driving force for the revenue growth and international expansion in the past year. The company has seen a 60% increase in the number of systems sold by resellers in 2006 over 2005. Channel partners now account for 70% of Switchvox sales, with the remainder coming from referrals and direct sales. "We have seen the overall IP PBX market education grow leaps and bounds in the SMB community this past year and expect to see that continue into 2007," said Joshua Stephens, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Switchvox. "With the help of our channel partners this has been our most successful year. Our customers are among the leaders in adopting new technologies to improve the way they communicate using easy to install and manage IP PBX systems." In addition to Switchvox's record financial results, growth and customer wins, the company exhibited its leadership through a number of other key accomplishments in 2006, including: * Opened the first fulfillment facility in San Diego in Q2 2006 * Doubled the number of employees since 2005 * Issued three major software releases for Switchvox SMB in 2006, and 10 minor updates * Issued two major software releases for Switchvox SOHO Soho (sōhō`, sə–), district of Westminster, London, England, known for its continental restaurants. Once a fashionable quarter, it became popular among writers and artists in the 19th cent. in 2006, and five minor upgrades Switchvox products are sold as turnkey solutions that include the server hardware and pre-installed Switchvox software. Switchvox SMB is available immediately starting at $2,495, from Switchvox directly or through its network of reseller partners. Further information on Switchvox can be found at http://www.switchvox.com. About Switchvox Switchvox is a leading provider of PBX (Private Branch eXchange) An inhouse telephone switching system that interconnects telephone extensions to each other as well as to the outside telephone network (PSTN). and VoIP phone See IP phone and softphone. systems for small- to medium-sized businesses (SMBs). The company's SOHO product enables small and home offices to easily and affordably create and manage their phone system, using traditional analog lines, as well as VoIP services. The Switchvox SMB product is a full-featured, more advanced IP PBX system for larger organizations. Based on Linux and other open source software, Switchvox has created software products that fit business and consumer needs. Headquartered in San Diego, California “San Diego” redirects here. For other uses, see San Diego (disambiguation). San Diego is a coastal Southern California city located in the southwestern corner of the continental United States. As of 2006, the city has a population of 1,256,951. , more information on the company can be found at www.switchvox.com. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion