/PRNewswire/ Access complimentary copy here. Pexip, a leading provider of enterprise video conferencing and collaboration solutions, announced it has been.
The report is based on completeness of vision and ability to execute STOCKHOLM, Oct. 11, 2021 /PRNewswire/ Access complimentary copy here. Pexip, a leading provider of enterprise
Pexip Named a Challenger in the 2021 Gartner® Magic Quadrant™ for Meeting Solutions streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Pexip delivers strong growth and early market traction on new technology innovation
Oslo, Norway, May 6, 2021 - The video communications provider, Pexip, today presented its quarterly results for the first quarter of 2021.
Pexip AS
Q1 2021
Pexip s subscription base measured in Annual Recurring Revenue (ARR) reached USD 87.2 million in Q1 2021, up from USD 56.7 million in Q1 2020, representing an increase of 54%. The growth was driven by several key customer wins including: New South Wales Health in Australia (USD 2.4 million over three years), to help power virtual healthcare visits; the UK Foreign, Commonwealth & Development Office (more than USD 1 million over three years), to enable connectivity between their video conferencing equipment and Microsoft Teams; and Honeywell, the American Fortune 500 conglomerate (undisclosed contract value), to provide the company’s video rooms with features such as Microsoft Teams interoperability and One Touch Join functionality. At the sam
Frost & Sullivan has recognized Pexip with the 2021 Customer Value Leadership Award for the Global Video Conferencing Industry. This award is a testament to Pexip's secure and flexible solutions which, combined with its strong technology leadership and customer-centric culture, are helping organizations around the world modernize their workplace collaboration.