BroadSoft is a publicly held company founded in 1998 by Michael Tessler and Scott D. Hoffpauir. It is a leading global technology innovator in cloud PBX solutions. Revenue in 2015 was $278 million. In 2013, they acquired Hosted IP Communications Europe Ltd. and Finocom AG. Their wholly owned subsidiaries – Placetel (Germany), and BroadSoft Japan – also provide cloud-based UC solutions. They have 41% of the market share and provide unified communication solutions for 25 of the world’s top 30 service providers in 80 countries. Their core values include diversity, innovation, empowering people and teams to remove barriers to human interaction.
BroadCloud is a highly secure PBX solution allowing quick deployment of fully managed, scalable and flexible SaaS or PaaS platforms. It allows for faster back office integration. The pay-as-you-go model minimizes investment risk, has high cloud availability, reduces operational costs and quickens delivery time on the latest technology updates. It’s an end-to-end solution that enables consolidation of sales and marketing functions by providing quoting and qualifying customers, fulfillment, activation, billing, and customer support capabilities. Low up-front capital cost, and only paying for licenses the company sells, makes it an affordable solution for small businesses looking to expand. And, the quick launch capabilities make the latest unified mobile-first communication solutions available and operational within weeks, not months.
BroadSoft has won multiple awards, including Global Telecom Business: 2016 Chief Strategist of the Year, and Smart CEO: 2017 Smart CEO Award. They received the TMC Unified Communications Product of the Year in 2016 and 2017. In 2016, they received Frost and Sullivan’s Best Practices Award – APAC Hosted Telephony and Cloud UC Platform of the Year, Gartner’s UCaaS Magic Quadrant Award, Frost & Sullivan’s Hosted IP Telephony Award for Latin America, and were named Leader for Unified Communications and Collaboration by Aragon Research Globe.