Telecom Analyst Firm Cites Depth of Customer Base, Top-Tier Service Provider Engagements, and Technology Innovation for Market Leadership Claim
GAITHERSBURG, MD. - January 30, 2006 - BroadSoft®, the leading provider of VoIP application software, announced today that it has been named market leader in the VoIP application server market by Current Analysis. The firm cited BroadSoft as market leader both in its quarterly corporate assessment of BroadSoft (November 29th, 2005), and its product assessment of the BroadSoft BroadWorks® platform (January 25, 2006.) According to Current Analysis, "BroadSoft has generated sufficient momentum in terms of overall deployments, product innovation, and top-tier customers to merit [the 'market leader'] moniker."
BroadSoft's customer base, called out as leading the industry, exceeds 150 service providers and includes more than 1.75 million licensed users. The company recently added Hanaro and Korea Telecom to this list which includes Telstra, BellSouth, Verizon, MCI, T-Systems, PCCW, Primus, SingTel, TDC and Telefonica.
"The next-generation application capabilities of VoIP are critical for service providers to carve out competitive differentiation and drive revenues," said Joe McGarvey, principal analyst, Current Analysis and author of the reports. "While several competitors in the VoIP application server market can make claims of leadership in various aspects of the market, BroadSoft's momentum in terms of high-profile customer deployments and product innovation merit recognition as the overall market leader at this particular point in time."
The reports cite the integration of multiple functions into a single platform as a chief advantage of BroadWorks over competitive offerings. The company has also increased its client-side capabilities in the past 12 months with the acquisition of application developer Carbon Twelve and introduced the BroadWorks Communicator; a Windows-based softphone. BroadSoft also was the first company to provide a commercially available IMS-compliant VoIP application server in early 2005.
"BroadSoft is honored to have Current Analysis recognize the depth of our customer base, technology innovation and strategic relationships in naming us the VoIP application server market leader," said Mike Tessler, president and CEO of BroadSoft. "BroadSoft is well positioned to continue our strong growth moving forward as service providers accelerate their business and residential VoIP deployments and we further expand our presence worldwide."
Complete copies of the reports can be found at http://www.broadsoft.com/newsroom/news_ResourceCenter.htm
BroadSoft's VoIP application software is revolutionizing the delivery of hosted telephony and multimedia services. Its flagship BroadWorks® technology empowers wireless and wireline carriers to deliver next-generation voice and multimedia applications and advanced features that increase revenue, enhance competitive differentiation and elevate customer satisfaction. BroadSoft's family of carrier-class software products delivers the scale, open architecture and reliability that the world's leading telecommunications companies demand to serve mission-critical enterprise and residential broadband customers. BroadSoft's customer base of 150 network operators, including BellSouth, Korea Telecom, Singtel, Telstra, Verizon and XO Communications leads the industry with more than 1,750,000 lines deployed. Additional information is available at www.broadsoft.com.