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Apivio Announces New Recurring Revenue Model
Mar. 09, 2017 10:42AM PST
Emerging Technology Investing
Apivio Systems (TSXVENTURE:APV) reported that Sora Telecom is its first customer to adopt the Company’s cloud-based Internet protocol device management service. As quoted in the press release: “This is an exciting milestone for Apivio,” stated Rob Bakshi, President and CEO of Apivio Systems. “Three years ago, we formulated a three-prong strategy to disrupt the VoIP market: 1) develop …
Apivio Systems (TSXVENTURE:APV) reported that Sora Telecom is its first customer to adopt the Company’s cloud-based Internet protocol device management service.
As quoted in the press release:
“This is an exciting milestone for Apivio,” stated Rob Bakshi, President and CEO of Apivio Systems. “Three years ago, we formulated a three-prong strategy to disrupt the VoIP market: 1) develop enterprise desk phones to do more than voice calls (Monet Series); 2) deliver superior Wi-Fi mobility (Liberty Series); and 3) develop an intelligent software service to easily deploy and manage these devices (CLive). With Android and Wi-Fi platforms already in the market, the upcoming launch of CLive with Sora Telecom introduces the third prong of this strategy,” continued Mr. Bakshi.