Fierce Enterprise Communications | Garner Report Names ShoreTel Among UCaaS Leaders
"To attract large enterprise customers, unified communications as a service (UCaaS) firms will have to provide effective back-office support for large installations, judged Gartner in its 2012 Magic Quadrant for Unified Communications as a Service North America report.
For the first time, the report named UCaaS market leaders--ShoreTel (Nasdaq: SHOR), 8x8 (Nasdaq: EGHT), Thinking Phone Networks and West. In the 2011 report, Gartner did not identify any leaders because of the immaturity of the UCaaS market.
ShoreTel gained access to the UCaaS market through its acquisition of M5 Networks earlier this year for $168 million. In last year's report, M5 was identified as a visionary company."
Read more by Fred Donovan at FierceEnterpriseCommunicaitons.