Business
Turnium, Global Go-To-Market Telecom Connectivity Software Network Provider, Launches New and Improved Products for AI, Smart Connectivity and Reliable Voice, Contact Center, and Point of Sale Solutions
Vancouver, Canada--(Newsfile Corp. - August 24, 2023) - Turnium Technology Group Inc. (TSXV: TTGI...
About this update from Turnium Technology Group Inc Class A
[{"type":"text","content":"Turnium, Global Go-To-Market Telecom Connectivity Software Network Provider, Launches New and Improved Products for AI, Smart Connectivity and Reliable Voice, Contact Center, and Point of Sale SolutionsVancouver, Canada--(Newsfile Corp. - August 24, 2023) - Turnium Technology Group Inc. (TSXV: TTGI) (\"Turnium\" or the \"Company\"), an industry leader in cloud-native Software-Defined Wide Area Networking solutions (SD-WAN), now enables Managed Service Providers (MSP) to increase the reliability, performance, and quality of their AI applications, Voice, Contact Center, and Point of Sale (PoS) solutions with Turnium SD-Access, SD-Light, and SD-WAN.When a connection to the internet fails or drops, even briefly, businesses that use hosted Voice, Communications, Contact Center, and PoS software cannot make or receive calls or complete debit or credit card transactions. Be it a coffee shop or a major retail chain, or Amazon online, without the ability to service payments or manage customer communications most businesses grind to a halt. According to Payline Data Services, one hour of PoS downtime results in up to $13,000 in business losses. These issues are solved by Turnium's proprietary software technology. Multiple connections can be bonded together so that if one connection fails, data, voice calls, and transactions can continue. This is done efficiently and securely, with a speedy 300 millisecond failover time making the switchover imperceptible. Turnium also enables Service Providers to scale down their price points for cost sensitive applications while remaining profitable, using off the shelf, readily available hardware. The SD-WAN market is expected to increase at a 31.6% CAGR from US$3.4B in 2022 to US$54B in 2032, according to Future Market Insights Inc. Turnium SD-Access, SD-Light, and SD-WAN products give Service Providers an affordable, reliable method of ensuring customers maintain connection to hosted services and transaction or banking platforms. The products allow for growth in monthly recurring revenue (MRR) as well as increased customer satisfaction. Designed for single site customers, Turnium SD-Access enables Service Providers to deliver a single, managed circuit to businesses that want to avoid a disruption in their business, all at a price that is highly affordable.Turnium SD-Light allows Service Providers...