8×8, Inc. (EGHT) is the largest provider of VoIP technology services in the U.S., yet with only 10% of U.S. business services using the technology, is eyeing the large amount of growth left domestically as well as opportunities on an international level, says Huw Rees, Vice President of Business Development at 8×8, Inc.
“We see continued growth in our United States market. We are the largest provider in the United States of the services we talked about, but according to FCC data, there still is only about 10% penetration of business services using voice over IP or IP technologies like ours, so there is a huge amount of growth left in the United States,” Rees said.
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EGHT has also launched a Global Reach initiative, aimed at taking its technology to the international market by delivering VoIP services to Europe, Asia and Latin America by the beginning of 2014, Rees says.
“We want to take this technology to the next level and become more of a global player, and we have launched an initiative called Global Reach toward that goal. The idea here is to be able to provide the same services as we provide to our U.S. customers in Asia, Europe and Latin America. Toward the end of this year we plan to launch services in Europe and Asia, and in Latin America in the beginning of 2014,” Rees said.
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