ShoreTel experiences impressive market growth
The unified communications (UC) and cloud-based business solutions market are hot commodities in the corporate world these days. As organizations look to cut costs and answer the growing trend of bring-your-own-device (BYOD) in the workplace, not all system providers are able to keep up.
According to a new Synergy Research study, ShoreTel was one of the few UC providers to show growth in an otherwise down market last quarter.
ShoreTel, a leader in integrated UC and cloud options, grew its US enterprise IP telephone revenue market share from 6.5 percent during the fourth quarter of 2011 to 7.7 percent in quarter one of 2012, an increase of 19 percent. Competitors such as Avaya and Mitel both experienced declines in market share of 9 percent and 4 percent respectively.
"These continued market share gains reflect our company's continued growth," said Peter Blackmore, ShoreTel CEO in a press release. "With over 22,000 enterprise customers worldwide and product availability in 47 countries, our prior investments in the company's sales team, distribution, product development and branding have paid off, and we expect them to drive significant long-term revenue growth and worldwide momentum."
The report also points out that ShoreTel has accelerated worldwide revenue growth faster than any of its competitors. In the US market alone, the company is growing at a rate five times that of their peers.
IT executives in Ohio that are interested in implementing the latest ShoreTel technology should partner with a Cincinnati IT consulting firm to discuss all options.
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