Moreover, the coronavirus-induced remote-working trend is expected to have helped the company in expanding subscriber base in the to-be-reported quarter. Rainbow Office combines the latest UCaaS technology powered by RingCentral with market-leading telephony and networking products and services from Alcatel-Lucent Enterprise’s portfolio. Moreover, the company launched its Rainbow Office solution in eight European countries including Austria, Belgium, France, Germany, Ireland, Italy, Spain, and the Netherlands. It expects software-subscription revenues for the first quarter between $311.5 million and $313.5 million, indicating year-over-year growth of 28-29%.ĭuring the quarter, the company announced the debut of Unify Office in the United States in collaboration with Atos SE. ![]() The company has been benefiting from a continual shift to the cloud, as well as the trend toward convergence in business communications. ![]() RingCentral is a dominant name in the cloud-based Unified Communications as a Service space.
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