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Consensus Cloud Solutions Named a Leader in the 2024 IDC MarketScape for Worldwide Digital Fax

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Consensus Cloud Solutions (NASDAQ: CCSI) has been named a Leader in the IDC MarketScape: Worldwide Digital Fax 2024 Vendor Assessment. The recognition highlights the company's strengths in brand, interoperability, customer service, and patents. IDC MarketScape emphasized Consensus's 25+ year history as a pioneer in the cloud fax market and its complementary technologies including streamlined workflows, digital signature support, and AI technology for information extraction.

The report emphasizes how digital fax's potential is maximized through integration with other technologies, including APIs, artificial intelligence, and eSignature tools, enabling organizations to transform fax data into actionable insights. Consensus's flagship product, eFax®, has evolved from a simple online faxing tool into a comprehensive cloud-based platform featuring AI-powered data extraction, advanced electronic signatures, and other innovative features.

Consensus Cloud Solutions (NASDAQ: CCSI) è stata nominata Leader nell'IDC MarketScape: Valutazione dei Fornitori di Fax Digitale nel Mondo 2024. Questo riconoscimento mette in evidenza i punti di forza dell'azienda, quali il brand, l'interoperabilità, il servizio clienti e i brevetti. IDC MarketScape ha sottolineato la storia di oltre 25 anni di Consensus come pioniere nel mercato del fax cloud e le sue tecnologie complementari che includono flussi di lavoro semplificati, supporto per la firma digitale e tecnologia AI per l'estrazione delle informazioni.

Il rapporto evidenzia come il potenziale del fax digitale sia massimizzato attraverso l'integrazione con altre tecnologie, tra cui API, intelligenza artificiale e strumenti di firma elettronica, consentendo alle organizzazioni di trasformare i dati del fax in informazioni utili. Il prodotto di punta di Consensus, eFax®, si è evoluto da un semplice strumento di fax online a una piattaforma completa basata su cloud, dotata di estrazione dati potenziata dall'AI, firme elettroniche avanzate e altre caratteristiche innovative.

Consensus Cloud Solutions (NASDAQ: CCSI) ha sido nombrada Líder en el IDC MarketScape: Evaluación de Proveedores de Fax Digital Mundial 2024. Este reconocimiento destaca las fortalezas de la empresa en marca, interoperabilidad, servicio al cliente y patentes. IDC MarketScape enfatizó la trayectoria de más de 25 años de Consensus como pionero en el mercado de fax en la nube y sus tecnologías complementarias, que incluyen flujos de trabajo simplificados, soporte para firmas digitales y tecnología de IA para la extracción de información.

El informe subraya cómo el potencial del fax digital se maximiza a través de la integración con otras tecnologías, incluyendo API, inteligencia artificial y herramientas de firma electrónica, permitiendo a las organizaciones transformar los datos de fax en información procesable. El producto insignia de Consensus, eFax®, ha evolucionado de una simple herramienta de fax en línea a una plataforma completa basada en la nube que cuenta con extracción de datos impulsada por IA, firmas electrónicas avanzadas y otras características innovadoras.

컨센서스 클라우드 솔루션즈 (NASDAQ: CCSI)가 IDC 마켓스케이프: 전세계 디지털 팩스 2024 공급업체 평가에서 리더로 선정되었습니다. 이 인정은 브랜드, 상호 운용성, 고객 서비스 및 특허와 같은 회사의 강점을 강조합니다. IDC 마켓스케이프는 컨센서스의 25년 이상의 역사를 클라우드 팩스 시장의 선구자로 강조하며, 간소화된 워크플로우, 디지털 서명 지원, 정보 추출을 위한 AI 기술 등 보완 기술을 소개했습니다.

보고서는 API, 인공지능 및 전자 서명 도구를 포함한 다른 기술과의 통합을 통해 디지털 팩스의 잠재력이 극대화된다고 강조하며, 이를 통해 조직이 팩스 데이터를 실행 가능한 통찰력으로 변환할 수 있도록 합니다. 컨센서스의 주력 제품인 eFax®는 단순한 온라인 팩스 도구에서 AI 기반 데이터 추출 및 고급 전자 서명 기능을 갖춘 종합적인 클라우드 플랫폼으로 발전하였습니다.

Consensus Cloud Solutions (NASDAQ: CCSI) a été nommé Leader dans l'IDC MarketScape : Évaluation des fournisseurs de fax numérique dans le monde 2024. Cette reconnaissance met en avant les points forts de l'entreprise en matière de marque, d'interopérabilité, de service client et de brevets. IDC MarketScape a souligné l'historique de plus de 25 ans de Consensus en tant que pionnier sur le marché du fax cloud et ses technologies complémentaires, telles que les flux de travail simplifiés, le support des signatures numériques et la technologie IA pour l'extraction d'informations.

Le rapport souligne comment le potentiel du fax numérique est maximisé grâce à l'intégration avec d'autres technologies, notamment les API, l'intelligence artificielle et les outils de signature électronique, permettant aux organisations de transformer les données de fax en informations exploitables. Le produit phare de Consensus, eFax®, a évolué d'un simple outil de fax en ligne à une plateforme complète basée sur le cloud, dotée d'extraction de données alimentée par l'IA, de signatures électroniques avancées et d'autres fonctionnalités innovantes.

Consensus Cloud Solutions (NASDAQ: CCSI) wurde als Marktführer im IDC MarketScape: Worldwide Digital Fax 2024 Vendor Assessment ausgezeichnet. Diese Anerkennung hebt die Stärken des Unternehmens in den Bereichen Marke, Interoperabilität, Kundenservice und Patente hervor. IDC MarketScape betonte die über 25-jährige Geschichte von Consensus als Pionier im Cloud-Fax-Markt sowie deren ergänzende Technologien wie optimierte Workflows, Unterstützung für digitale Signaturen und KI-Technologie zur Informationsgewinnung.

Der Bericht hebt hervor, wie das Potenzial des digitalen Faxes durch die Integration mit anderen Technologien wie APIs, künstlicher Intelligenz und eSignature-Tools maximiert wird, sodass Organisationen Faxdaten in umsetzbare Erkenntnisse umwandeln können. Das Flaggschiffprodukt von Consensus, eFax®, hat sich von einem einfachen Online-Fax-Tool zu einer umfassenden cloudbasierten Plattform mit KI-gestützter Datenextraktion, fortgeschrittenen elektronischen Signaturen und weiteren innovativen Funktionen entwickelt.

Positive
  • Recognition as Leader in IDC MarketScape's 2024 Digital Fax Assessment
  • 25+ years of market presence and innovation in cloud fax technology
  • Strong technological integration capabilities with AI, APIs, and eSignature tools
Negative
  • None.

Insights

The Leader designation by IDC MarketScape represents a noteworthy industry recognition but has minimal immediate financial implications for Consensus Cloud Solutions (CCSI). While the company's positioning in digital fax technology and interoperability solutions is strong, with over 25 years of market presence, this type of industry recognition typically doesn't directly impact revenue or stock performance.

The integration of artificial intelligence for data extraction, eSignature capabilities and API-driven solutions indicates CCSI's strategic evolution beyond traditional fax services. However, the digital fax market, while stable, faces long-term challenges from newer communication technologies. The company's $477.8M market cap suggests a relatively niche position in the broader tech sector.

In simpler terms: Think of this like getting a gold star in a specific category - nice to have and good for marketing, but it doesn't necessarily mean more money in the bank. The real value lies in how CCSI is modernizing its services, but this award alone isn't a major market mover.

Company recognized for strengths in brand, interoperability, customer service, and patents

LOS ANGELES--(BUSINESS WIRE)-- Consensus Cloud Solutions, Inc. (NASDAQ: CCSI), a global leader of digital cloud fax technology and trusted provider of interoperability solutions, has been recognized as a Leader in the IDC MarketScape: Worldwide Digital Fax 2024 Vendor Assessment (IDC #US51812124, December 2024).

After a thorough evaluation of Consensus based on a set of criteria including product capabilities, market reach, and growth potential, the IDC MarketScape concluded that:

“Customers looking for a proven and robust cloud-based fax solution should consider Consensus. The company not only has an extensive 25+ year history as a pioneer and innovator in the cloud fax market but also has a collection of complementary technologies to improve the fax process with streamlined workflows, digital signature support, and the presence of AI technology to efficiently identify and extract important information and quickly expedite the sharing of information across multiple systems, standards, and data sets.”

“The true potential of digital fax is unlocked when it seamlessly integrates with other technologies," says the report author, Keith Kmetz, Program Vice President, Imaging, Printing & Document Solutions of IDC. "By leveraging APIs, artificial intelligence, eSignature, and other advanced tools, organizations can transform fax data into actionable insights, streamline workflows, and achieve new levels of productivity. These capabilities not only modernize a critical business function but also drive significant value by improving interoperability.”

Scott Turicchi, CEO of Consensus Cloud Solutions, adds, "We are thrilled to be recognized as a Leader in the IDC MarketScape for Worldwide Digital Fax. We believe our inclusion in this report highlights our commitment to providing innovative, scalable, and secure digital cloud fax solutions that empower organizations to navigate the complexities of digital transformation and redefine how businesses exchange information. Our focus remains on meeting our customers’ evolving needs by delivering solutions that drive productivity, enhance efficiency, and reduce costs.”

For over 25 years, Consensus has led the way in secure digital communication, evolving its flagship product, eFax®, from a simple online faxing tool into a comprehensive, fully cloud-based platform that leverages artificial intelligence for data extraction and conversion, advanced electronic signature capabilities, and other cutting-edge features.

To access the excerpt, visit: consensus.com/IDC-report-2024.

About IDC MarketScape

IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of technology and service suppliers in a given market. The research utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each supplier’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of technology suppliers can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective suppliers.

About Consensus Cloud Solutions

Consensus Cloud Solutions, Inc. (NASDAQ: CCSI) is a global leader in digital cloud fax technology. With over 25 years of success with eFax® at its core, the company has evolved to be a trusted provider of interoperability solutions, leveraging artificial intelligence and secure data exchange to transform digital information, automate critical workflows, and maximize operational efficiencies. Consensus maintains industry-leading compliance standards, making it a preferred partner for heavily regulated industries including healthcare, the public sector, financial services, insurance, real estate, and manufacturing. For more information about Consensus, visit consensus.com.

Christine Duval

mediarelations@consensus.com

(781) 519-8539

Source: Consensus Cloud Solutions, Inc.

FAQ

What recognition did Consensus Cloud Solutions (CCSI) receive in 2024?

Consensus Cloud Solutions was named a Leader in the IDC MarketScape: Worldwide Digital Fax 2024 Vendor Assessment, recognizing its strengths in brand, interoperability, customer service, and patents.

What are the key features of Consensus Cloud Solutions' (CCSI) eFax platform?

eFax is a comprehensive cloud-based platform that includes AI-powered data extraction, advanced electronic signature capabilities, streamlined workflows, and integration with multiple systems and standards.

How long has Consensus Cloud Solutions (CCSI) been in the digital fax market?

Consensus Cloud Solutions has been in the digital fax market for over 25 years, evolving from a simple online faxing tool to a comprehensive cloud-based platform.

What technologies does Consensus Cloud Solutions (CCSI) integrate with its digital fax solution?

Consensus Cloud Solutions integrates APIs, artificial intelligence, eSignature tools, and other advanced technologies to transform fax data into actionable insights and improve interoperability.

Consensus Cloud Solutions, Inc.

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