Fusion Telecommunications International is a leading
provider of integrated cloud solutions to businesses of all sizes. The
company’s advanced, proprietary cloud service platform enables the integration
of cutting-edge solutions – including cloud voice and unified communications,
cloud connectivity, cloud computing and additional cloud services such as
storage and security – that promote enhanced security, flexibility, scalability
and speed of deployment for its customers.
The company’s established standing in the cloud-related
technology industry puts it in a favorable position to capitalize on the
market’s forecast growth in the coming years. According to a report by IHS
Technology, cloud-related tech spending is expected to triple from 2011 to
2017; amounting to a projected $235 billion by the end of the period.
In the first quarter of 2015, Fusion successfully leveraged
this market performance to promote improved financial results, achieving a 10
percent year-over-year increase in consolidated sales. Likewise, the company
took steps toward securing future financial growth by identifying approximately
$2 billion in cost saving opportunities following the full integration of
recent acquisitions.
“Our performance during the first quarter of 2015 reflects
our ongoing efforts to position Fusion for sustained, long-term growth by
investing in our infrastructure, products and personnel required to accelerate
our growth strategy,” Matthew Rosen, chief executive officer of Fusion, stated
in a news release. “We continue to believe that our expanding scale, robust
nationwide network and end-to-end suite of innovative yet proven cloud
solutions… are critical to Fusion’s success as we execute on our growing
pipeline of opportunities.”
In recent weeks, Fusion has had tremendous success in
expanding its market reach. Earlier this month, the company secured a deal with
a major Housing Commission to provide its fully integrated suite of cloud
solutions for a three year term. This contract, which is expected to provide
Fusion with nearly $400,000 in revenue, could open the door for significant
expansion in the future. The company built on this progress last week when it
announced an expanded relationship with an industry-leading provider of
employer-sponsored early education and child care programs to provide cost
effective cloud connections designed to increase productivity. Through this
partnership, Fusion is introducing its proven services to more than 400
locations across the country.
For prospective shareholders, the growth potential of the
cloud-related technology market makes Fusion an extremely intriguing investment
opportunity moving forward. Look for the company to utilize the additional
market reach provided by its recent acquisitions in order to promote
sustainable financial growth and favorable investor returns for the foreseeable
future.
For more information, visit www.fusionconnect.com
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