Market Share of UCaaS in the Manufacturing Industry
Theunified communications-as-a-service in the manufacturing market is highly competitive in nature because of the presence of global players. Some of the vendors are Cisco Systems, Inc,8x8, Inc,Avaya Inc., and Tata Communications.Product launches, high expense on research and development, partnerships and acquisitions, etc. are the prime growth strategies adopted by these companies to sustain the intense competition. Few recent developments are:
- September 2019 -8x8, Inc. launched an8x8 Video Meetings solutionsas part of their service subscriptions for Virtual Office mobile and desktop applications.8x8 Video Meetings enabledexternal participants to join meetings directly from their browser without the need to download plugins or software applications.
- September 2019 - Cisco Systems, Inc completed theacquisition of a privately-held Voicea.With the acquisition of Voicea technology, Cisco wouldenhance its Webex portfolio of products with a powerful transcription service that blends AI and Automated Speech Recognition (ASR) tounlock the power of any collaboration, like meetings and calls.
UCaaS Manufacturing Market Leaders
Cisco Systems, Inc
Tata Communications
Avaya Inc.
8x8, Inc.
Microsoft Corporation
*Disclaimer: Major Players sorted in no particular order
