Poly expand its presence in the global Business to Business (B2B) telecommunication Market with the launch of ‘Polycom Studio’


 

  1. In June 2019, Telefonica, S.A., a Spain-based provider of integrated communication for the B2B market, announced that it will offer Google Cloud Solutions companies around the world, in order to help them accelerate their digital transformation

  2. In November 2019, Sprint Corporation inaugurated telecom infra project community lab for OpenRAN 5G NR, in order to accelerate of 5G small cells and macrocells

  3. In April 2021, Cerillion announced the availability of Cerillion 21.1, a major new release of its pre-integrated BSS/OSS suite, designed to help Communications Services Providers (CSPs) maximize their potential in the burgeoning B2B market

  4. In June 2021, Netcracker Technology announced that Embratel, part of Claro (América Móvil), has selected the cloud-native Netcracker Digital BSS for its regional B2B transformation program to deliver a better customer experience and new enterprise services

  5. In February 2021, Indian tech majors Wipro and Tech Mahindra have signed agreements with Telefónica Germany/O2 for transforming the telecommunications provider's business support systems and IT systems

The increasing focus of key players to introduce the latest technologies such as cloud, IoT, VoIP, etc. is predominantly propelling the growth of the global Business to Business (B2B) telecommunication Market. For instance, in June 2019, Poly launched ‘Polycom Studio’, which is a business-class video conferencing solution, which is compatible with Google Meet, Microsoft Teams, Zoom, and more. Also, telecommunication providers are introducing high-speed broadband services which are leading the rapid adoption of technology-based solutions such as online banking, M-commerce, and other organization is again stimulating the growth of the global Business to Business (B2B) telecommunication Market. Moreover, the growing implementation of social media platforms among business owners is further anticipated to augment the growth of the market.

North America is expected to lead the global Business to Business (B2B) telecommunication market owing to the rapid adoption of cloud-based business applications, mobile-based commerce, mobile payments, and NFC for financial transactions across various businesses. Moreover, increasing penetration of IoT and M2M technology in the region is again projected to accelerate the growth of the market.

B2B telecommunication refers to global audio and data transmissions over networks, including international voice and data communication systems. The term B2B can be used when referring to voice over internet protocol (VoIP), or when used in a generic context to refer to any system that facilitates two-way voice communication. Global B2B telecommunication market definition: There are a number of large companies that serve the B2B market in different countries.


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