RALEIGH, N.C., Aug. 19, 2021 /PRNewswire/ -- Bandwidth Inc.
(NASDAQ: BAND), a leading global enterprise
communications platform and cloud-native carrier, today announced
it was ranked the top CPaaS provider and third overall on Omdia's
influential "SIP Trunking Service
Provider Scorecard: North America
- 2021," ahead of Twilio, Inteliquent and IntelePeer.
Ranked ahead of Twilio, Inteliquent and IntelePeer, Bandwidth's
momentum was rated as the strongest.
"Bandwidth is a standout in this year's report, with the largest
growth in 2020 as it completed its acquisition of Voxbone, and has
a strong position around APIs for its partners and enterprise
users," said Diane Myers, Chief
Analyst for Enterprise Communications at research firm Omdia and
the author of the report. "The company is the seventh-largest
provider, but its market momentum was the strongest across the top
10 providers along with an above-average financial score."
"This is great recognition for the hard work Bandwidth has done
to set a standard in what the market is looking for in SIP
trunking: security, interoperability, reliability, flexible
provisioning, APIs and self-service portals," said John Bell, Bandwidth's Chief Product Officer.
"We're proud to have this momentum behind our global solution,
excellent service and CPaaS software flexibility."
SIP trunking matters because it enables voice and media
streaming over the internet. It is the foundation for enhanced
services such as Unified Communications as a Service (UCaaS),
Communications Platform as a Service (CPaaS), and Contact Center as
a Service (CCaaS). Bandwidth's all-IP cloud communications platform
is the largest directly-connected network in the world, reaching
over 90 percent of global GDP. It provides real-time access to
phone numbers around the world, carrier-grade SIP trunking,
business text messaging and emergency services.
"SIP trunking is the backbone of business communications," Myers
said. "Enterprises of all sizes are migrating to the more flexible
and cost-effective solutions that on-demand SIP trunking
provides."
Omdia's 13th annual SIP Trunking Service Provider Scorecard
complements Omdia's Business VoIP and Unified Communications
Services and Subscribers Market Report. The purpose of the
Scorecard is to determine which service providers currently lead
the market for SIP trunking and are best positioned to succeed in
the long term based on a set of criteria. Omdia identified the
largest service providers measured by number of SIP trunks and then
evaluated them based on the following four criteria: financial
strength, market share momentum, service development and support
options.
About Bandwidth Inc.
Bandwidth (NASDAQ: BAND) is a
global communications software company that helps enterprises
connect people around the world with cloud-ready voice, messaging
and emergency services. Backed by the largest directly-connected
network on the planet, companies like Cisco, Google, Microsoft,
RingCentral, Uber, and Zoom use Bandwidth's APIs to easily embed
communications into software and applications. Bandwidth has more
than 20 years in the technology space and is the first and only
Communications Platform-as-a-Service (CPaaS) provider offering a
robust selection of APIs built around our own global network. Our
award-winning support teams help businesses around the world solve
complex communications challenges every day. More information is
available at www.bandwidth.com.
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SOURCE Bandwidth Inc.