Company expects accelerated growth over the course of 2018 as a result of acquisitions, branding, and platform enhancements
BLUE BELL, PA, April 30, 2018 (GLOBE NEWSWIRE) -- CoreDial, LLC, a leading Unified Communications as a Service (UCaaS) provider, today announced it has achieved a significant milestone by exceeding 300,000 seat licenses for its cloud-based business communications offering. Since its founding in 2005, the company has demonstrated steady growth, having secured more than 800 channel partners that deliver a portfolio of communications solutions to more than 23,000 small- and mid-size customers around the country.
CoreDial, one of the only UCaaS providers to sell completely through the channel, boasts a considerably high partner renewal rate. This ongoing customer loyalty is evidence of the company’s solution provider-focused business model that enables its partners to earn industry-leading margins while serving the existing and evolving needs of customers. CoreDial recently integrated an award-winning suite of feature-rich contact center solutions into its portfolio. The company is in the process of rolling out its new CoreNexa brand, an enhanced version of the built-from-the-ground-up communications platform that’s been enabling partners to offer powerful business tools and features that translate into significant recurring revenue for over 13 years.
“It’s been CoreDial’s philosophy to give our partners the ability to succeed, through the combination of compelling technologies and a channel-friendly business model that results in expanded margins and greater profitability,” explained Alan Rihm, Chief Executive Officer of CoreDial. “While we’re exceedingly proud of our staff and partners for reaching 300,000 seat licenses, we have every expectation that this milestone will be quickly eclipsed as we roll out the CoreNexa brand, an enhanced platform, and new customer engagement solutions to the marketplace.”
According to Jon Arnold, Principal Analyst with market research firm J. Arnold Associates, CoreDial’s business model should continue to serve the company well in a rapidly changing marketplace.
“CoreDial has built a unique partner-centric business model that addresses the market challenges of the channel, and gives end-customers the resources to build their businesses and achieve profitability,” said Arnold. “As the company looks to add new capabilities to its portfolio, CoreDial and its partner network should be well-positioned to increase market share in the SMB segment, and pursue larger deployments as opportunities arise.”
CoreDial’s proven platform enables the channel to quickly and cost-effectively provide end users with high-quality reliable services such as UCaaS, CCaaS, hosted PBX, mobility, SIP trunking, and SD-WAN. The company’s success-focused business model provides self-service capabilities, a flexible branding strategy and long term, margin-rich, recurring revenue. For additional information, visit www.coredial.com, subscribe to the CoreDial blog and follow CoreDial on Twitter at @CoreDial.
Contact: Suzanne Mattaboni Parallel Communication Group, Inc. 610-261-4560 email@example.com