RBBN - Ribbon Communications' Expensive Customer Acquisition Strategy
- Ribbon Communications' goal is to rely more on their software offerings than on service and hardware, but they are still far from it.
- The networking function virtualization (NFV) industry is projected to grow at an annual rate of 22.9%, but competition is fierce and much stronger than Ribbon.
- I provide an in-depth overview of the technological development in the networking industry and explain where Ribbon places itself in the industry.
- Ribbon went on an acquisition spree in the last 4 years, acquired technology and more importantly new customers.
For further details see:
Ribbon Communications' Expensive Customer Acquisition Strategy