BroadSoft

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BroadSoft Inc.
Public
Traded as NASDAQBSFT
Industry Communication software
Founded 1998; 26 years ago (1998)
Headquarters Gaithersburg, Maryland, United States
Revenue $172.34 Million(As of 2013)[1]
Website http://www.broadsoft.com/

BroadSoft, Inc. (NASDAQBSFT) is a global communication software and service provider with over 500 customers worldwide supporting millions of subscribers.[1][2][3][4] The company provides cloud-based Unified Communications solutions to communications service providers, based on their UC-One solution which consists of two product platforms, BroadWorks and BroadCloud. [5] In 2013 the company acquired the British company Hosted IP Communications (Europe) Ltd. (HIPCOM)[6] and the German company Finocom AG, both providers of cloud-delivered unified communications services.[3]

Background

The company was founded by Michael Tessler and Scott D. Hoffpauir in 1998.[7] The products and services of the company play a critical part in the network by serving as the software which delivers and coordinates call control and information transmission over service providers’ IP-based network.[8] Its products include BroadWorks and BroadCloud. The company’s flagship product, BroadWorks, is a Voice over Internet Protocol (VoIP) applications platform that enables service providers to deliver basic and enhanced voice services for business and residential end users. - See more at: http://www.broadsoft.com/service-providers/products-applications/broadworks/#sthash.BkrN9LWt.dpuf. BroadCloud is a fully managed service that delivers BroadSoft’s comprehensive Unified Communications services. - See more at: http://www.broadsoft.com/service-providers/products-applications/broadcloud/#sthash.8QiU844g.dpuf In 2014, the company was selected as the supplier of Sprint Corporation (NASDAQS) for its next generation multimedia system-based network and VoLTE development.[9]

On May 31, 2016 BroadSoft, Inc. announced the acquisition of Reston, Virginia-based Intellinote, an enterprise messaging-based team communication and collaboration software application built for the increasingly mobile and millennial workforce.[10]

Awards

In 2013, the company received Frost & Sullivan 2013 New Product Innovation Leadership Award for its hosted unified communication platform product.[11] In the same year, thanks to its unified communication platform, UC-one, it won the People's Choice Stevie Award in the 11th American Business Award Competition. UC-one was listed in "Favorite Telecommunications Service" list.[12]

References

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  6. Flook, Bill (13 Augiust 2013) BroadSoft buys HIPCOM in U.K. expansion Washington Business Journal, Retrieved 30 April 2014
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External links