Vonage rebrands as B2B communications service player, aims to close Twilio market cap gap
Vonage is rebranding to unify its business-to-business portfolio and shed its consumer heritage that has been gone for years anyway.
The company, which launched in 2001 as a voice-over-IP provider in 2001, has revamped in recent years to be a collaboration and business communications service provider. Vonage today looks a lot more like Twilio than what it used to be.
Along with the new branding effort, Vonage is launching Vonage Meetings, which is a video collaboration suite in its Vonage Business Cloud. Vonage also launched its Conversation API to allow developers and enterprises to keep context across messaging and voice.
The B2B pivot for Vonage has been underway via both organic and mergers and acquisitions. The bet has paid off. Revenue for fiscal 2016 was $955.6 million and projected to be $1.2 billion for 2019 and $1.3 billion for 2020.
For Vonage, the rebranding is also about market cap. Vonage's market capitalization is $2.4 billion through Oct. 29. Twilio's market cap is $14.32 billion. Twilio's revenue for fiscal 2019 is projected to be $1.1 billion and less than Vonage's sales. Twilio has grown much faster with revenue up 72% from 2018 if it hits Wall Street projections. In fiscal 2016, Twilio revenue was $277.3 million.
Given that market cap disparity with Twilio, it's no surprise Vonage wants to be seen more as communication as a service provider and collaboration player.
Vonage's rebranding will have a heavy dose of marketing its Vonage Platform, which offers voice, messaging, video and data services, applications, a developer ecosystem and collaboration tools. Here's a look at the Vonage platform.
source zdnet
Industry: Unified Communications
Latest Jobs
-
- Head of Penetration Testing
- United Kingdom
- N/A
-
Head of Penetration Testing needed to join a security consultancy that are delivering client facing penetration testing services around Web app and Infrastructure. Looking for someone hands on that is able to manage a highly skilled technical team of testers. 50-60% of the time is expected to be hands on, other duties will include, but not be limited to; leading and managing the day to day running of the team, mentoring, team upskill, recruitment, reporting, escalation, process improvement etc. Flexible location although south east is preferred. Anyone with Check / CREST experience is highly desirable. MUST be able to achieve SC clearance. UK based role. All details kept in confidence.
-
- CONTRACT SOC Manager. London / Birmingham. URGENT Immediate role.
- London
- N/A
-
REF7847 Contract SOC Manager. SC cleared, London / Birmingham. Initial 3 month Contract. SOC Manager needed to for an URGENT 3-4 month CONTRACT. SC clearance is essential. The project is to aid in the setup, implementation and management of resources to help with the initial stand up stages of a new SOC within a greenfield site. This is a short term contract role whilst a permanent hire is brought on over the coming 3 to 4 months. Experience engaging with and managing client stakeholder relationships as well as 3rd party relationships is critical. The role will involve; setting up, implementing and fine tuning the various initial stages of a SOC environment. Experience establishing and building out technical process / operational capability, managing of technical teams (analysts, engineers and architects, creation of policy / playbooks, fine turning is key. SPLUNK is the tooling of choice… Interviewing immediately. Set up a call with me today on https://calendly.com/chris-holt/arranged-call-with-chris-holt-remote-soc-role Direct contact details Chris.Holt@dclsearch.com or 07884666351
-
- SPLUNK Level 3 SOC Consultant, SIEM Splunk, London / Birmingham
- Birmingham
- 55000
-
REF CH7825 Level 3 SOC Consultant, SIEM Splunk, London / Birmingham £55,000 + Level 3 SOC Consultant, SIEM SPLUNK needed. Security Clearance. Permanent role Level 3 SOC Consultant, SIEM SPLUNK needed to join a public sector client. The ability to achieve SC clearance is essential. MUST have experience working with SPLUNK ideally to an Advanced Power User level. Splunk Enterprise Security (ES) knowledge and hands on experience highly desirable. The role will include, but not be limited to; managing and handling incidents end to end, supporting and mentoring level 1 / level 2 staff, supporting the SOC manager in the delivery of the SOC roadmap, engaging with the client stakeholders (other technical teams) as and where needed, use case development, advanced search and reporting etc. The individual MUST currently be living in the UK and be able to achieve UK security clearance. (SC) This is a permanent role To arrange a call with Chris Holt use this calendy link https://calendly.com/chris-holt/arranged-call-with-chris-holt-remote-soc-role Chris.Holt@dclsearch.com
-
- Aspiring Cyber Partner. Business lead, market maker.
- London
- 150000+
-
Aspiring Cyber Partner (management consultancy) with Cyber specialism into Healthcare, Utilities and or Public Sector. Working with new and existing clients to help them solve, transform or evolve their cyber capabilities. MUST have; A proven management consultancy background in cyber. A history of identifying and closing new business opportunities. Currently Revenue generating / must be able to demonstrate recent wins. Client facing to board level with international businesses. Team leadership / mentoring experience. Extensive cyber industry experience. Digital transformation, Start-up environments etc. Experienced presenter at industry events, to be the public face of a business / capability. Breadth of knowledge across Cyber security. Service definition / creation. Would consider a senior director with experience delivering the above looking to step up. All conversations kept in confidence. To arrange a discreet call book a time to speak in my diary via https://calendly.com/chris-holt/cyber-partner-call Chris.Holt@dclsearch.com