RingCentral

April 23, 2023

Introduction

RingCentral is a cloud-based communications service that helps small businesses and Fortune 500 companies alike to manage their phone systems, VoIP calling, faxes, voicemail and more. RingCentral was founded in 2003 by David Sneed and Robert Reade. They were inspired to create RingCentral after seeing how difficult it was for their own company to manage its phone system while working remotely.
The company has grown rapidly since its founding: In 2016 they reported over $100 million in revenue; they now have over 3 million users worldwide; they’ve been named one of Forbes’ Best Small Companies four times since 2013; and they’re currently valued at $1 billion USD (as of 2018).

History of RingCentral

RingCentral was founded in 2001 by Craig Walker, who had previously worked at Microsoft and AOL. The company’s early focus was on providing enterprise communications solutions for small businesses, but it has since expanded its product offerings to include cloud-based unified communications (UC), contact center solutions and other products.
In 2002 RingCentral launched its flagship product RingCentral Office which provided hosted PBX services for small businesses. In 2003 the company introduced RingCentral for Salesforce CRM integration allowing users to manage calls from within their CRM applications. In 2004 RingCentral acquired Phone2Action Inc., a provider of mobile marketing automation software; Phone2Action continues to operate under its own brand name today as a subsidiary of RingCentral.[1]
In 2005 RingCentral launched its first mobile app called Call Control Center (CCC) which allowed users access their voicemail messages via SMS text message or email instead of having to dial into an automated system when away from their desktops or laptops.[2]

Stock Information

  • Ticker Symbol: RNG
  • Current Stock Price: $27.00
  • Performance Over Time: The stock has been on a steady upward trend since its IPO in 2014, but has recently hit some turbulence due to the company’s latest earnings report.

Revenue Over Time

RingCentral is a cloud communications provider that offers a range of business phone services. The company was founded in 2001 and has since grown to become one of the largest cloud providers in the world, with over 1 million customers across 180 countries. RingCentral generates revenue through three main streams:
RingCentral Phone Service (Cloud PBX) – A cloud-based phone system that allows you to make calls from anywhere via your computer or mobile device. This service includes features like voicemail transcription, call recording, call forwarding and more at an affordable price point compared to traditional phone systems.
RingCentral Meetings – An online meeting platform that allows users to host meetings with up to 200 participants at once using video conferencing technology built into the platform itself rather than relying on third-party tools such as Skype or Zoom which may require additional setup steps before being able to use them effectively for large gatherings

Employees and Locations

*Number of Employees: RingCentral has over 2,000 employees worldwide.
*Locations Around the World: RingCentral has offices in San Jose, California; Austin, Texas; London and Amsterdam in Europe; Singapore; Sydney and Melbourne in Australia; Hong Kong; Tokyo and Osaka in Japan.

Products and Services

RingCentral offers a variety of products and services, including:

  • RingCentral Office – cloud-based phone system that allows you to manage your business from anywhere.
  • RingCentral Fax – faxing software for Windows and Mac computers.
  • RingCentral Meetings – web conferencing solution that allows users to host meetings from their computer or smartphone.

Contact Information

RingCentral’s corporate headquarters is located in Santa Clara, California. The company was founded in 1999 and has since grown to over 4,000 employees across the globe.
The contact information for RingCentral is as follows:

  • Address: 2200 Mission College Blvd., Santa Clara CA 95054
  • Phone Number: 1-800-846-2786 (toll free) or 408-961-5000 (international)
  • Email Address: [email protected]

Conclusion

So what do you need to know about RingCentral?

  • The company was founded in 1999 and has been growing ever since.
  • If you’re looking for a way to reduce your communication costs while increasing employee productivity, RingCentral might be the right choice for you.
  • RingCentral is an all-in-one business communications platform that includes phone systems, video conferencing and collaboration tools.

References

In this post, we’ve covered everything you need to know about RingCentral. If you have any questions or comments, feel free to reach out in the comments section below!

Source : Google
Editor by : Softwarehubs