Thursday, October 10, 2019
RSI offers Avaya + RingCentral Analytics Out of the Box
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call accounting
Friday, October 4, 2019
RingCentral to Become Exclusive Provider of UCaaS Solutions to Avaya in Strategic Partnership
BELMONT, Calif.--(BUSINESS WIRE)--RingCentral, Inc. (NYSE: RNG), a leading provider of global enterprise cloud communications, collaboration, and contact center solutions, today announced that it will enter into a commercial agreement with Avaya Holdings Corp. (NYSE: AVYA), a global leader in solutions to enhance and simplify communications and collaboration, making it the exclusive provider of Unified Communications as a Service (UCaaS) solutions to Avaya. RingCentral and Avaya will introduce a new solution, “Avaya Cloud Office by RingCentral” (“Avaya Cloud Office” or “ACO”). RingCentral and Avaya will jointly develop programs to leverage Avaya’s global sales and partner network, as well as build automated technologies for seamless customer transition to RingCentral’s leading global UCaaS solution.
“We are excited to bring RingCentral’s leading UCaaS platform to Avaya’s installed base of over 100 million users and over 4,700 partners, providing long-term growth opportunities for both our companies.”
This strategic partnership leverages the respective strengths of Avaya and RingCentral to provide a definitive differentiated solution,” said Vlad Shmunis, Founder, Chairman and CEO, RingCentral. “We are excited to bring RingCentral’s leading UCaaS platform to Avaya’s installed base of over 100 million users and over 4,700 partners, providing long-term growth opportunities for both our companies.”
Avaya has one of the world’s largest installed base of on-premise Unified Communications (UC) seats, and an extensive partner network, spanning over 180 countries. Avaya Cloud Office will maximize Avaya’s global market opportunity by adding a strong cloud solution to its portfolio.
“Avaya and RingCentral’s joint investment and commitment to bringing Avaya Cloud Office to market creates an unprecedented opportunity to accelerate the transition to the cloud with attractive economics for our customers and partners,” said Jim Chirico, President and CEO of Avaya. “This also gives us the opportunity to unlock value from a largely unmonetized base of our business as it brings compelling value to our customers and partners. We believe this highly complementary partnership is a game changer that expands the total addressable market for Avaya and creates meaningful value for both Avaya and RingCentral.”
Avaya and RingCentral will jointly develop programs, technologies, and automation to facilitate smooth transition of Avaya’s UC customer base to the cloud. This collaboration will enable Avaya’s customers to leverage their existing investments while drastically reducing migration complexities and timeframes. Avaya Cloud Office is expected to provide an attractive total cost of ownership for Avaya customers and favorable compensation for Avaya and its partners.
Under the commercial agreement, both companies will contribute resources towards development and sales & marketing of Avaya Cloud Office. RingCentral will pay Avaya an advance of $375 million, predominantly for future commissions, as well as certain licensing rights (the “Consideration Advance”). The Consideration Advance will be paid primarily in stock.
RingCentral will also purchase $125 million aggregate principal amount of 3% convertible and redeemable preferred stock, obtaining approximately a 6% position in Avaya on an as-converted basis. This will be funded with existing cash on balance sheet. This minority investment will require neither partial or full financial statement consolidation nor equity method accounting.
Additional information regarding the transaction will be included in a Form 8-K that will be filed with the Securities and Exchange Commission.
Goldman Sachs & Co. LLC is serving as an exclusive advisor to RingCentral. Wilson Sonsini Goodrich & Rosati is serving as an exclusive legal counsel to RingCentral.
This agreement does not require shareholder vote of either company, is subject to customary regulatory approvals, and is expected to close in Q4 2019. The Board of Directors of both companies have unanimously approved the transaction.
About RingCentral
RingCentral, Inc. (NYSE: RNG) is a leading provider of global enterprise cloud communications, collaboration, and contact center solutions. More flexible and cost-effective than legacy on-premises systems, the RingCentral platform empowers employees to work better together, from any location, on any device, and via any mode to serve customers, improving business efficiency and customer satisfaction. That is the promise of Work as One™. The company provides unified voice, video meetings, team messaging, digital customer engagement, and integrated contact center solutions for enterprises globally. RingCentral’s open platform integrates with leading business apps and enables customers to easily customize business workflows. RingCentral is headquartered in Belmont, California, and has offices around the world.
© 2019 RingCentral, Inc. All rights reserved. RingCentral, Work as One, and the RingCentral logo are trademarks of RingCentral, Inc.
Forward-Looking Statements
This press release contains “forward-looking statements,” including but not limited to, statements regarding RingCentral’s future financial and operating performance, RingCentral’s plans to partner with Avaya to offer Avaya Cloud Office by RingCentral, the anticipated benefits of and activity under RingCentral’s strategic partnership with Avaya, including the ability to create a long-term growth opportunities for RingCentral, and the expected timeframe for the closing of the strategic transaction. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including risks related to the parties’ ability to successfully satisfy closing conditions and perform their obligations under the commercial arrangement, the parties ability to successfully develop and execute the envisioned jointly developed programs, technology and automation, the ability to successfully transition customers to RingCentral’s UCaaS solution, as well as those risks and uncertainties included under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” in RingCentral’s Form 10-Q for the quarter ended June 30, 2019, filed with the Securities and Exchange Commission; and in other filings RingCentral makes with the Securities and Exchange Commission from time to time.
All forward-looking statements in this press release are based on information available to RingCentral as of the date hereof, and we undertake no obligation to update these forward-looking statements, to review or confirm analysts’ expectations, or to provide interim reports or updates.
Contacts
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call accounting
Tuesday, July 23, 2019
Avaya and RSI help Tippmann Affiliated Group increase ROI with more happy customers!
Read Success Story:
https://www.telecost.com/pdf/avaya/success%20stories/cs-tippmann-ada-smb8207en-bp.pdf
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call accounting
Thursday, July 18, 2019
Resource Software International Ltd. (RSI) Shadow UC Analytics Now Listed in Microsoft AppSource and Azure Marketplace
RSI is a Microsoft technology partner offering third-party solutions that interoperate with Microsoft UC technology and extend the value of a company’s investment in its collaboration ecosystem. Shadow UC Analytics helps improve customer interaction, prevent system hacks, eliminate bottlenecks, reconcile expenses, increase adoption of new systems, drive digitization and empower productivity.
“RSI is delighted our flagship solution Shadow UC Analytics has been published in the Microsoft AppSource and Azure Marketplace. Over the years, Shadow has been continually developed to meet the high standards of interoperability with Microsoft Lync, Skype for Business and soon Teams.” said Rito Salomone, President, RSI. “Shadow offers a 360-degree view of Unified Communications usage and associated costs. Trends in the usage of voice, video, IM, conferences, file transfers and application sharing can be studied to highlight user adoption, performance metrics and cost savings.”
About Resource Software International Ltd. (RSI)
Founded in 1990, Resource Software International Ltd. is a developer, manufacturer and distributor of communication management solutions. The company offers a wide range of products including: call accounting, team collaboration metrics, response groups dashboards, historical reporting, emergency notification and custom AI/Bot/CRM integrations in over 80 countries around the world. RSI is focused on providing Microsoft customers training and resources that offer insight about the health of their communication ecosystem.
For more information, visit our website:
www.telecost.com.
www.telecost.com.
Or, visit our pages on the Microsoft
websites:
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call accounting
Tuesday, April 16, 2019
Premise Notification for RingCentral calling customers
Ensure you have real-time location information for first responders allowing them to quickly locate the individual that made the call.
https://ringcentral.telecost.com
https://ringcentral.telecost.com
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call accounting
Monday, April 15, 2019
RSI Demonstrating Shadow All In One Analytics at Cisco Live 2019
Discover how RSI empowers productivity through proactive, intuitive and intelligent collaboration analytics.
https://www.telecost.com/cisco.php
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call accounting
Tuesday, April 9, 2019
RSI Shadow All In One Analytics Solutions Now Rated “Avaya Compliant”
NEWS RELEASE
- Shadow CMS Enterprise v 5.2.3 is compatible with Avaya Aura® Session Manager Release 8.0
- Shadow OSN Onsite Notification v 2.4 is compatible with Avaya IP Office 500 v2 Release 11
- Shadow solutions help businesses track, monitor and manage their communication network facilities.
OSHAWA, Ontario — April 9, 2019 — Resource Software International Ltd. (RSI), a leading provider of total communication management solutions (TCMS) for every enterprise, today announced that its Shadow CMS Enterprise v 5.2.3 analytics is compliant with Avaya Aura® Session Manager Release 8.0 and Shadow OSN Onsite Notification v 2.4 is compliant with Avaya IP Office Release 11. Avaya is a global leader in enterprise communications systems, software and services.
Shadow CMS Enterprise helps
businesses curb misuse, reconcile telecom
expenses, highlight detrimental quality of service, discover system hacks and
manage the health of their communication networks. The application now
is compliance-tested by Avaya for compatibility with Avaya Aura® Session Manager
Release 8.0. Shadow OSN Onsite
Notification offers premise-based alerting of Avaya IP Office emergency events
helping ensure safety and security.
"RSI is delighted our core portfolio, Shadow, has demonstrated compliance with Avaya Aura® Session Manager Release 8.0 and Avaya IP Office Release 11. Over the years, Shadow has been continually developed to meet the high standards of interoperability with Avaya. We offer the broadest range of compatible analytics solutions for Avaya telephony platforms for various industry segments including hospitality, health care, education, government, retail and general business," said Rito Salomone, President, RSI. "Shadow helps our mutual customers enhance security, maximize efficiency and productivity, track and analyze networks, and forecast, monitor and allocate communications management expenses."
"RSI is delighted our core portfolio, Shadow, has demonstrated compliance with Avaya Aura® Session Manager Release 8.0 and Avaya IP Office Release 11. Over the years, Shadow has been continually developed to meet the high standards of interoperability with Avaya. We offer the broadest range of compatible analytics solutions for Avaya telephony platforms for various industry segments including hospitality, health care, education, government, retail and general business," said Rito Salomone, President, RSI. "Shadow helps our mutual customers enhance security, maximize efficiency and productivity, track and analyze networks, and forecast, monitor and allocate communications management expenses."
RSI is a Technology Partner in
the Avaya DevConnect program—an initiative to develop, market and sell
innovative third-party products that interoperate with Avaya technology and
extend the value of a company’s investment in its network.
As a Technology Partner, RSI
is eligible to submit products for compliance testing by the Avaya Solution
Interoperability and Test Lab. There, a team of Avaya engineers develops a
comprehensive test plan for each application to verify whether it is Avaya
compatible. Doing so enables businesses to confidently add best-in-class
capabilities to their network without having to replace their existing
infrastructure—speeding deployment of new applications and reducing both
network complexity and implementation costs.
"RSI is a long term Technology Partner of Avaya providing a broad range of multi-platform communication management solutions to our mutual customers ”, said Eric Rossman, vice president, developer relations, Avaya. “Through systematic analysis, reporting and reconciliation, RSI Shadow solutions have helped improve customers safety, cut costs, increase productivity and bolster the bottom line."
About
Resource Software International Ltd. (RSI)
Founded in 1990, Resource Software International Ltd. is a developer,
manufacturer and distributor of collaboration analytics solutions. The company
offers a wide range of products including: call accounting, contact center
dashboards, cradle-to-grave analysis, adoption analytics and emergency
notification. RSI has distributors in North America, Europe, Caribbean and
Middle East. As a proud Avaya DevConnect
Technology Partner, RSI is focused on providing Avaya customers training and
resources that offer insight about the health of their communication ecosystem.
For more information visit www.telecost.com.
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call accounting
Thursday, April 4, 2019
RSI offers migration path for Avaya BCMR customers
Avaya Basic Call Management Recording Desktop (BCMR-D)™ software was used to give supervisors the real-time and historical call center data that they need to gain center efficiencies and reduce costs. BCMR Desktop software as a highly functional, low-cost, MIS solution that generally satisfied the needs of many call centers without having to invest in more elaborate costly Elite Contact Center reporting functionality. Avaya discontinued BCMR-D leaving customers with very few options.
RSI, an Avaya DevConnect partner, continues to offer a low-cost alternative to BCMR-D, that allows customers to visualize the valuable real time agents/queue activity in a modern day dashboard. Shadow CMS All-In-One Analytics for Avaya CM fully supports BCMR historical and real time reporting.
RSI is a proud vendor of All-in-One communication analytics for all major AVAYA platforms (from legacy systems to Avaya Cloud). You may want to talk to us about our consolidated approach to managing your entire collaboration ecosystem in-house or in the cloud! We can help you get serious about managing your entire collaboration ecosystem (even non-AVAYA)!
Visit our website at https://www.telecost.com or email sales@telecost.com for more details!
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call accounting
Monday, March 25, 2019
RSI at Enterprise Connect 19
If you missed us at Enterprise Connect 2019, visit our website and contact us about your collaboration analytics needs.
https://www.telecost.com
https://www.telecost.com
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call accounting
RSI offers Microsoft UC Analytics for Skype for Business
Take a deep dive into Skype for Business, Response Groups and user/agent activity.
https://www.telecost.com/microsoft.php
https://www.telecost.com/microsoft.php
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call accounting
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