SINGAPORE (IndoTelko) – Ribbon Communications Inc announced that market research firm IHS Markit has reported Ribbon’s enterprise session border controllers (E-SBC) as the market share leader in that category for the third quarter of 2018.
E-SBCs are a key component of Ribbon’s Intelligent Edge software solutions, which are leveraged by leading enterprises to effectively manage their transition to Next Generation (NextGen) SIP-based unified communications (UC) software in both premises-based and cloud environments.
“Enterprises are increasingly turning to Ribbon’s advanced E-SBC software solutions to help them securely manage and optimize their valued IT and UC assets,” said Kevin Riley, Chief Technology Officer for Ribbon Communications. “To be ranked as a market share leader by IHS Markit is further validation that our strategic acquisition of Edgewater Networks is paying immediate dividends. We are committed to continually delivering value to our customers across all of our product lines and are thrilled to be recognized by one of the authoritative voices in the industry.”
Riley added, “In addition to providing enterprises with advanced security and quality, our EdgeView network management software provides best-in-class network insights that give customers the ability to monitor, troubleshoot and quickly resolve issues from a centralized cloud control center.”
“Enterprise continues to be a key focus area for Ribbon and our enterprise-related software products are an integral part of our overall offerings, accounting for nearly one-third of our product revenue in the third quarter,” said Daryl Raiford, Chief Financial Officer for Ribbon Communications. “IHS Markit forecasts growth for the enterprise session border controller market to experience a compound annual growth rate (CAGR) of 6 percent over the next five years, and we believe we are well positioned to capitalize on these opportunities with our comprehensive portfolio.”
“Enterprise SBCs are gaining acceptance worldwide and the market is steadily growing,” said Diane Myers, senior research director for IHS Markit. “The landscape within the enterprise SBC market remains competitive, but Ribbon has capitalized on its acquisition of Edgewater Networks with an 18 percent revenue market share in the third quarter 2018.”
Ribbon’s broad portfolio of E-SBCs scale from small businesses to the largest multi-national enterprises. They are certified for both Microsoft Teams and Skype for Business deployments, and interoperate with legacy, SIP and applications service providers, while delivering ease of use, and providing some of the industry’s most advanced SIP security and reliability.(es)