8X8 Inc Stock Price, News & Analysis

8x8, Inc. (NYSE: EGHT) has been recognized as a Leader in the 2021 Gartner Magic Quadrant for Unified Communications as a Service for the tenth consecutive year. This recognition highlights the company's strong position in the global enterprise market for integrated cloud communications and contact center solutions. The CEO, Dave Sipes, emphasized the growing demand for single-vendor platforms to meet communication and collaboration needs. 8x8 XCaaS delivers high reliability with a 99.999% uptime SLA, setting a new industry standard.

8x8, Inc. (NYSE: EGHT) has announced enhanced cloud connectivity for Canadian organizations, leveraging its patented Global Reach™ technology. This advancement aims to improve business resilience and comply with data sovereignty requirements. With integrated cloud communications, including 8x8 XCaaS, businesses can enhance employee collaboration and customer engagement. The cloud infrastructure offers multiple redundancy levels and a 99.999% SLA, ensuring high reliability. This initiative aligns with the growing demand for agile technology in the hybrid work environment.

8x8, Inc. (NYSE: EGHT) will announce its financial results for Q2 2021, ending September 30, 2021, after the market closes on November 2, 2021. A conference call will follow at 2:00 p.m. PT (5:00 p.m. ET) to discuss these results, lasting approximately 60 minutes. 8x8 provides an integrated communication platform aimed at enhancing business collaboration through voice, video, chat, and contact center solutions, supported by real-time analytics.

8x8, Inc. (NYSE: EGHT) has announced the general availability of 8x8 Frontdesk, a new solution designed for high volume call handling. This platform integrates traditional communication with contact center capabilities, enhancing productivity in hybrid work settings. Its tailored user interface allows receptionists to manage calls efficiently, reducing training costs and speeding up user adoption. Notably, 8x8 Frontdesk was recognized as a finalist in the Best of Enterprise Connect 2021. The offering emphasizes flexibility, allowing any user to take on receptionist roles regardless of location.

8x8, Inc. (NYSE: EGHT) announces the rapid adoption of its 8x8 Voice for Microsoft Teams solution, now surpassing 100,000 business users globally. New enhancements include call recordings and presence sync, aimed at improving customer engagement and employee experience. The solution expands into 46 countries with PSTN replacement services, delivering integrated global telephony. Recent findings show that 80% of organizations plan to integrate Teams with third-party telephony, indicating strong market potential. Notable recent deployments include organizations in healthcare and public safety sectors.

8x8, Inc. (NYSE: EGHT) expands its Global Reach to 46 countries, enhancing service quality in Russia, Japan, and Puerto Rico. The newly launched 8x8 XCaaS integrates cloud communication solutions, offering a reliable platform with a 99.999% SLA for businesses. This advancement allows multinational enterprises to eliminate reliance on costly local-hosted systems while ensuring high-quality voice and video communications. Organizations can access emergency services, local numbers, and seamless deployment for enhanced operational efficiency.

8x8, Inc. (NYSE: EGHT) has partnered with Proximie to deploy its callstats solution, enhancing virtual healthcare by allowing clinicians to participate in surgeries remotely. This integration improves video and call quality for Proximie's platform, which connects medical professionals globally to share best practices. Since implementing 8x8 callstats, Proximie has reported reduced IT workload and improved scalability for virtual procedures, supporting high-quality healthcare delivery.

8x8, Inc. (NYSE: EGHT) announced the successful deployment of 8x8 XCaaS at Darlington Building Society as part of its digital transformation efforts. The robust cloud communications platform supports remote work, ensuring seamless customer engagement and secure transactions. Implemented in July 2021, the system includes features such as contact center, voice, video meetings, and chat, designed to enhance employee collaboration and customer service. Darlington Building Society, operational since 1856, has assets of £705m as of December 2020.

8x8, Inc. (NYSE: EGHT) has entered a strategic distribution agreement with SYNNEX Corporation (NYSE: SNX) to provide 8x8 XCaaS to SYNNEX’s partner community in North America. This partnership is designed to enhance cloud-based communication and collaboration tools for resellers, including integrated UCaaS and CCaaS solutions. 8x8 XCaaS boasts a 99.999% service level agreement and will be available through SYNNEX's network. This collaboration aims to capitalize on the growing demand for cloud communication solutions across various sectors.