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Digerati Technologies, Inc. Outlines Strategic Initiatives
Digerati Technologies, Inc. Outlines Strategic Initiatives.
About this update from Digerati Technologies, Inc.
[{"type":"text","content":"\n \n \n Digerati Technologies, Inc. Outlines Strategic Initiatives\n \n \nDigerati Technologies, Inc. Outlines Strategic Initiatives\n \n SAN ANTONIO, TX--(Marketwired - Feb 14, 2017) - Digerati Technologies, Inc. (\"Digerati\" or the \"Company\") (OTCQB: DTGI), an established and award-winning provider of cloud communication services through its subsidiary operations, today announced the re-direction of its corporate resources for driving long-term sales and revenue growth, profitability, and corresponding shareholder value.\n The Company's plan to successfully meet its corporate goals and objectives includes:\n \n \n An emphasis on its cloud communication subsidiary's business (Shift8 Networks), which operates in a segment of the telecommunication industry that continues to experience significant growth. \n \n \nA focus on the large U.S. market of small-to-medium sized business (\"SMB\"), of which approximately 75% have not migrated to a cloud communication or Voice over Internet Protocol (\"VoIP\") solution. \n \n \nTargeting local and/or regional VoIP/cloud telephony providers for acquisition, which have excelled in their marketplace with that \"local\" touch when serving their SMB customer base. \n \n \nContinued emphasis on the Company's organic sales strategy of enabling Value Added Resellers (\"VAR\") to offer cloud and session-based communication services to the enterprise market, primarily the SMB. \n \n \nContinued development of the Company's product portfolio leveraging its Unified Communications platform to deliver voice, video, messaging, fax, mobile-enabled services, and web conferencing across multiple devices in an integrated user environment. \n \n \nContinued enhancement of its infrastructure and back office systems to streamline operations, automate processes for efficiency, all of which supports both its acquisition model, and the scalability of its VAR model.\n \n \n \n \n In 2016, the Company gained marked penetration through its VAR channel by securing SMB accounts in various industries such as banking, healthcare, financial services, and staffing. Most recently, the Company initiated its acquisition model by entering into a Letter of Intent with an established VoIP/cloud telephony provider serving over 5,000 business u...