RingCentral Stock Price, News & Analysis

RingCentral (NYSE: RNG) announced the appointment of Jaya Kumar as its new Chief Marketing Officer, effective immediately. Reporting to Anand Eswaran, COO, Kumar brings over 25 years of marketing experience from major companies, including PepsiCo and Capital Group. His expertise in executing transformational marketing strategies is expected to enhance RingCentral’s position in the booming digital communications sector, especially as businesses shift to hybrid work environments. Kumar expressed enthusiasm for joining RingCentral, emphasizing the company's potential to support a distributed workforce.

RingCentral, Inc. (NYSE: RNG) has appointed Heather Hinton as its Chief Information Security Officer (CISO), a move aimed at enhancing the company's security framework. Hinton brings over 30 years of IT and cybersecurity experience, having previously held significant roles at IBM, including CISO of the Cloud and Cognitive Software division. Her expertise includes incident response and risk management, critical for improving RingCentral's security posture as the demand for secure cloud communications grows. Hinton aims to drive security innovation and maintain customer trust in the evolving digital workplace.

RingCentral UK Ltd., a subsidiary of RingCentral, Inc. (NYSE: RNG), has achieved the Cyber Essentials Plus certification from the UK's National Cyber Security Centre. This certification demonstrates the company's commitment to security and compliance following a thorough audit by NCC Group. It assures customers in both public and private sectors of RingCentral's robust cyber defenses. The certification is part of RingCentral's ongoing efforts to enhance trust and security in business communications, reflecting their dedication to high standards of operational practices and customer assurance.

Stack8 has partnered with RingCentral (NYSE: RNG) to deliver its Unified Communications as-a-Service (UCaaS) platform to enterprise customers globally. This collaboration will enable Stack8 to enhance its offerings by providing RingCentral Office®, which includes cloud-based messaging, video meetings, and a phone system. The partnership addresses the growing demand for flexible communication solutions in a hybrid work environment. Additionally, Stack8's Unified Communications Management Platform will integrate with RingCentral's Open Platform to provide customized solutions for businesses.

RingCentral (NYSE: RNG), a leader in cloud communications, has acquired DeepAffects, a pioneer in conversational intelligence using AI technology to enhance business conversations. This acquisition aims to improve RingCentral's video meeting solutions by incorporating emotion recognition, multi-speaker identification, and accent-aware speech recognition. The deal, closed in Q4 2020, is positioned to provide better user experiences during hybrid work conditions. Financial terms remain undisclosed, but no significant impact is anticipated for the year ending December 31, 2020.

RingCentral (NYSE: RNG) announced a significant deployment of its Unify Office solution by Atos SE, reaching over 30,000 employees across 20 countries. This collaboration aims to enhance remote workforce productivity by integrating cloud-based communications with Microsoft Teams. RingCentral's President, Anand Eswaran, emphasized the importance of flexible and reliable communication solutions for modern businesses. The deployment reflects the growing trend of digital transformation among leading enterprises and signifies RingCentral's role in providing essential tools for effective remote work.

RingCentral (NYSE: RNG) has launched RingCentral Glip™, a free video conferencing solution that integrates messaging, file sharing, and task management. Designed for the hybrid workforce, Glip Pro allows unlimited meeting durations and supports up to 100 participants. Key features include HD audio and video, integrated team messaging, cloud recording, and secure meeting controls. The service is compliant with CCPA and HIPAA, enhancing user trust. Glip Pro+ offers paid upgrades for larger meetings and advanced management tools, promoting productivity and collaboration in remote work environments.

RingCentral, Inc. (NYSE: RNG) has appointed Matthew Bishop as its new Chief Digital Officer. Bishop, with over 18 years of experience at Microsoft, will oversee the company’s digital strategy, aimed at enhancing operational efficiency amid evolving global business demands.

Anand Eswaran, RingCentral's president, emphasized the necessity for continuous transformation in the digital landscape. Bishop's role will include leveraging data and AI to improve customer engagements, marking a significant step towards modernizing the company's operations.

RingCentral (NYSE: RNG) announced that Pinnacle Renewable Energy (TSX: PL) has adopted RingCentral Office®, enhancing remote work with a unified communications solution. This shift was crucial for Pinnacle, given its multiple remote locations in the U.S. and Canada. The transition from a legacy phone system to RingCentral's platform resulted in a nearly 40% cost reduction for Pinnacle. Key benefits include multimodal communications, simplified administration, and improved sustainability, allowing Pinnacle to operate efficiently while adhering to its values.