Business
Crexendo® Earns Frost & Sullivan's 2024 Competitive Strategy Leadership Award for Excellence in Cloud Communications
Crexendo® enables service providers to assume full customer ownership and control of their commercial model and operate at larger profit margins than most
About this update from Crexendo, Inc.
[{"type":"text","content":"Crexendo® enables service providers to assume full customer ownership and control of their commercial model and operate at larger profit margins than most competitor solutions.\nSAN ANTONIO, Jan. 23, 2024 /PRNewswire/ -- Frost & Sullivan recently researched the service provider cloud communications platform industry and, based on its findings, recognizes Crexendo with the 2024 North American Competitive Strategy Leadership Award. Crexendo, Inc. (NASDAQ: CXDO) is an industry-leading provider of cloud communication platform and services currently supporting over four million end users. The company specializes in Unified-Communications-as-a-Service (UCaaS), Contact-Center-as-a-Service (CCaaS) as well as Communications-Platform-as-a-Service (CPaaS) solutions and services on a single platform.\n\n \n \n \n \n \n \n\n \n\"A trailblazer in the cloud communications landscape, Crexendo® boasts the highest growth rate among North American third-party platform vendors with a remarkable 36% increase in seats (users) in 2023—nearly double the industry average Frost & Sullivan estimates to be 19%\", said Elka Popova, Vice President of Connected Work Research at Frost & Sullivan. \"Notably, in FQ3 2023, Crexendo® reported an impressive 52% year-over-year total revenue growth, signaling a steadfast journey of innovation and success in the dynamic world of cloud-based communications.\"\nIn a bold move towards the future, innovative cloud communications providers are rolling out game-changing integrated solutions. Connecting the back office to the front office, elevating agent, and enterprise worker productivity. Leading the charge, Crexendo® empowers providers with a compelling approach—leveraging a single platform to seamlessly deliver integrated UCaaS, CCaaS and CPaaS solutions. In a landscape where competitors limit providers with rigid branding requirements, Crexendo stands out, preserving providers' autonomy and enabling the creation of strong brand equity.\n\"We are truly honored to receive Frost & Sullivan's 2024 Competitive Strategy Leadership Award. This recognition reflects our unwavering commitment to innovation and excellence. There is a reason we are the fastest growing platform provider and that is because we constantly innovate and work with our licensees as partners. Crexendo takes a revolutionary approach. Unlike most platform v...