From Channel Partners:
Watch out Cisco, Vonage and RingCentral: Mitel soon will be poised to take on the communications platform-as-a-service (CPaaS) market equipped with ShoreTel’s Summit platform.
That’s one of the key benefits Mitel will gain from its $430 million acquisition of ShoreTel, said Raul Castanon-Martinez, 451 Research’s senior analyst of enterprise mobility. The acquisition was announced last Thursday.
“[ShoreTel ‘s Summit CPaaS platform] will allow Mitel to catch up with Vonage, which acquired Nexmo last year, and Cisco, which acquired Tropo a few years ago and integrated it into the Spark platform,” he said. “Its expansion into CPaaS will be a significant growth opportunity for Mitel. This is a key trend in the UCaaS space: providing modularity and integration for clients to embed communications services into their applications and services. This will help Mitel catch up with the likes of Cisco, Vonage and RingCentral.”
Continue Reading on the Channel Partners Website>>>