Voxbone today announced that despite the economic uncertainties in some parts of the world last year, the pattern of steady year after year growth in VoIP communications continues as the demand from existing customers increased, coupled with new business wins from some of the fastest-rising telecommunications operator.
The company calls the 2011 a breakthrough year because interests increased for the first time from customers such as Telefonica and iBasis, while most growth will come from direct sales to customers of the provider of next-generation VoIP communication services. In general, Voxbone said revenue grew 19 percent, while the global network has increased by 33 percent to 2.8 billion.
The company's growth trajectory over the past few years reflects growth toward Internet-based communications services to business and consumer applications, and away from older and legacy switch-established networks. For example, as a result of the large corporations that use the communication cloud during 2011, Voxbone saw a huge upswing in business with global B2B service provider network.
"Personally, it is very satisfying to realize the dream we had for Voxbone the beginning of the company in 2005," says CEO Rod Ullens. "The progress we have seen since our start and the magnitude of the customers we continue to attract, especially in recent years indicate Voxbone firm achieved a reputation for quality in the global telecoms market."
Ullens pointed to many other indicators of growth for Voxbone in 2011, including:
Getting the Deloitte "Technology Fast 50 Benelux" recognition as the fastest growing technology companies in Belgium;
Expanding its global presence through its United States subsidiary must be incorporated, the appointment of regional business development executives in North America and Southeast Asia, opening an office in Mumbai, and expanding services in Vietnam;
Deploying its own network infrastructure in Germany, Luxemburg and Spain;
Being selected by the United Nations to implement the UN its own unique code of the country for disaster relief:
Moving to vibrantly colored new headquarters in central Brussels almost tripled the amount of occupied office space;
Grows to 67 employees worldwide and truly embodying a multicultural global company by employing people representing 23 nationalities.
This year, Voxbone plans to launch a series of new product lines, enhance existing services, and expand the network footprint from the current 51 countries to an additional five to seven countries in Asia and South America.
The company is particularly targeting larger wholesale operators. "We are seeing indications of accelerated adoption of cloud communication services in a number of areas that lead us to project the main demand in wholesale VoIP services," says Ullens. "As technological bridge between cloud communications networks and traditional PSTN and mobile networks, Voxbone must have a good 2012."