STOCK TITAN

Crexendo Leverages Oracle Cloud Infrastructure to Fuel Global Growth With New Data Center Partners In Sydney And Melbourne, Australia

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags

Crexendo (NASDAQ:CXDO) has expanded its global reach by opening new data centers in Sydney and Melbourne, Australia. This expansion supports Crexendo's NetSapiens Platform Partners in the region and builds on the company's recent partnership with Oracle Cloud Infrastructure (OCI) announced in May 2024. The new data centers join existing facilities in the US, UK, and the Netherlands, enhancing Crexendo's ability to deliver high-performance cloud communication solutions worldwide.

The strategic move aims to provide localized hosting for improved access and reduced latency in the Asia-Pacific region. CEO Jeff Korn emphasized the company's commitment to offering best-in-class services with enhanced performance and reliability. SVP of International Markets Scott Goodwin highlighted the significance of this expansion in meeting growing regional demand and supporting Crexendo's global strategy.

Crexendo (NASDAQ:CXDO) ha ampliato la sua portata globale aprendo nuovi centri dati a Sydney e Melbourne, Australia. Questa espansione supporta i Partner della Piattaforma NetSapiens di Crexendo nella regione e si basa sulla recente partnership dell'azienda con Oracle Cloud Infrastructure (OCI) annunciata a maggio 2024. I nuovi centri dati si uniscono alle strutture esistenti negli Stati Uniti, nel Regno Unito e nei Paesi Bassi, migliorando la capacità di Crexendo di fornire soluzioni di comunicazione cloud ad alte prestazioni in tutto il mondo.

Questa mossa strategica mira a fornire hosting localizzato per un accesso migliorato e una latenza ridotta nella regione Asia-Pacifico. Il CEO Jeff Korn ha enfatizzato l'impegno dell'azienda nel fornire servizi di classe mondiale con prestazioni e affidabilità migliorate. Il VP delle Mercati Internazionali Scott Goodwin ha sottolineato l'importanza di questa espansione nel soddisfare la crescente domanda regionale e nel supportare la strategia globale di Crexendo.

Crexendo (NASDAQ:CXDO) ha ampliado su alcance global al abrir nuevos centros de datos en Sídney y Melbourne, Australia. Esta expansión apoya a los socios de la Plataforma NetSapiens de Crexendo en la región y se basa en la reciente asociación de la empresa con Oracle Cloud Infrastructure (OCI) anunciada en mayo de 2024. Los nuevos centros de datos se suman a las instalaciones existentes en EE. UU., Reino Unido y los Países Bajos, mejorando la capacidad de Crexendo para ofrecer soluciones de comunicación en la nube de alto rendimiento en todo el mundo.

Este movimiento estratégico tiene como objetivo proporcionar alojamiento localizado para un acceso mejorado y una latencia reducida en la región de Asia-Pacífico. El CEO Jeff Korn enfatizó el compromiso de la empresa de ofrecer servicios de primera clase con un rendimiento y fiabilidad mejorados. El SVP de Mercados Internacionales Scott Goodwin destacó la importancia de esta expansión para satisfacer la creciente demanda regional y apoyar la estrategia global de Crexendo.

Crexendo (NASDAQ:CXDO)는 호주 시드니와 멜버른에 새로운 데이터 센터를 열어 글로벌 범위를 확장했습니다. 이 확장은 Crexendo의 네트사피엔스 플랫폼 파트너를 지역에서 지원하며, 2024년 5월에 발표된 오라클 클라우드 인프라스트럭처(OCI)와의 최근 파트너십을 기반으로 하고 있습니다. 새로운 데이터 센터는 미국, 영국 및 네덜란드에 있는 기존 시설에 추가되어 Crexendo의 고성능 클라우드 커뮤니케이션 솔루션을 전 세계에 제공하는 능력을 강화합니다.

이 전략적 조치는 아시아 태평양 지역에서 향상된 접근성과 감소된 지연을 위한 지역 호스팅을 제공하는 것을 목표로 하고 있습니다. CEO 제프 콘은 회사가 향상된 성능과 신뢰성을 갖춘 최고의 서비스를 제공하겠다는 의지를 강조했습니다. 국제 시장 SVP 스콧 굿윈은 이 확장이 증가하는 지역 수요를 충족하고 Crexendo의 글로벌 전략을 지원하는 데 중요하다고 강조했습니다.

Crexendo (NASDAQ:CXDO) a élargi sa portée mondiale en ouvrant de nouveaux centres de données à Sydney et Melbourne, Australie. Cette expansion soutient les partenaires de la plateforme NetSapiens de Crexendo dans la région et s'appuie sur le récent partenariat de l'entreprise avec Oracle Cloud Infrastructure (OCI) annoncé en mai 2024. Les nouveaux centres de données s'ajoutent aux installations existantes aux États-Unis, au Royaume-Uni et aux Pays-Bas, améliorant la capacité de Crexendo à fournir des solutions de communication cloud haute performance dans le monde entier.

Ce mouvement stratégique vise à fournir un hébergement localisé pour un meilleur accès et une latence réduite dans la région Asie-Pacifique. Le PDG Jeff Korn a souligné l'engagement de l'entreprise à offrir des services de premier ordre avec des performances et une fiabilité améliorées. Scott Goodwin, SVP des marchés internationaux, a souligné l'importance de cette expansion pour répondre à la demande régionale croissante et soutenir la stratégie mondiale de Crexendo.

Crexendo (NASDAQ:CXDO) hat seine globale Reichweite erweitert, indem es neue Rechenzentren in Sydney und Melbourne, Australien eröffnet hat. Diese Expansion unterstützt die Netzsapiens-Plattformpartner von Crexendo in der Region und baut auf der kürzlich im Mai 2024 angekündigten Partnerschaft mit Oracle Cloud Infrastructure (OCI) auf. Die neuen Rechenzentren ergänzen die bestehenden Einrichtungen in den USA, Großbritannien und den Niederlanden und verbessern die Fähigkeit von Crexendo, Hochleistungs-Cloud-Kommunikationslösungen weltweit bereitzustellen.

Dieser strategische Schritt zielt darauf ab, lokale Hosting-Dienste für verbesserten Zugriff und reduzierte Latenz in der Region Asien-Pazifik bereitzustellen. CEO Jeff Korn betonte das Engagement des Unternehmens, erstklassige Dienstleistungen mit verbesserter Leistung und Zuverlässigkeit anzubieten. Scott Goodwin, SVP der International Markets, hob die Bedeutung dieser Expansion hervor, um der wachsenden regionalen Nachfrage gerecht zu werden und die globale Strategie von Crexendo zu unterstützen.

Positive
  • Expansion of global reach with new data centers in Sydney and Melbourne
  • Partnership with Oracle Cloud Infrastructure (OCI) enhancing international capabilities
  • Improved service quality and reduced latency for Asia-Pacific customers
  • Potential for accelerated market share growth in the Asia-Pacific region
Negative
  • None.

Insights

Crexendo's expansion into Australia with new data centers in Sydney and Melbourne represents a strategic move to capture market share in the Asia-Pacific region. This development, following their partnership with Oracle Cloud Infrastructure, signals strong growth potential for the company. While specific financial figures aren't provided, the expansion likely involves significant capital investment, which could impact short-term profitability but potentially lead to increased revenue streams in the medium to long term.

For investors, this move indicates Crexendo's commitment to global expansion and could positively influence the stock's performance. The company's focus on reducing latency and improving service quality for international customers may enhance customer acquisition and retention, potentially driving future revenue growth. However, investors should monitor the costs associated with this expansion and its impact on the company's financial health in upcoming quarterly reports.

Crexendo's deployment of data centers in Sydney and Melbourne is a technologically sound decision that aligns with best practices for cloud service providers. By leveraging Oracle Cloud Infrastructure and expanding their global footprint, Crexendo is addressing critical issues of latency and data sovereignty for their Asia-Pacific customers. This move will likely result in improved performance and reliability of their UCaaS offerings in the region.

The strategic placement of these data centers demonstrates Crexendo's understanding of the technical requirements for delivering high-quality cloud communication services. It positions them to compete more effectively with local providers and global giants in the Asia-Pacific market. From a technological standpoint, this expansion should enhance Crexendo's service capabilities and could lead to increased adoption of their NetSapiens Platform by partners in the region.

The Asia-Pacific region represents a rapidly growing market for UCaaS solutions and Crexendo's expansion into Australia positions them to capitalize on this trend. By establishing a local presence with data centers in Sydney and Melbourne, Crexendo is addressing key concerns of businesses in the region, such as data residency and compliance with local regulations. This move could potentially accelerate Crexendo's market penetration in Australia and serve as a springboard for further expansion in neighboring countries.

However, the UCaaS market in Asia-Pacific is highly competitive, with both global players and local providers vying for market share. Crexendo will need to differentiate its offerings and possibly engage in strategic partnerships or marketing initiatives to gain traction. The success of this expansion will likely depend on Crexendo's ability to tailor its services to local business needs and effectively communicate the benefits of its platform to potential customers in the region.

PHOENIX, AZ / ACCESSWIRE / September 9, 2024 / Crexendo®, Inc. (NASDAQ:CXDO), an award-winning software technology company that is a premier provider of cloud communication platform software and unified communication as service (UCaaS) offerings, including voice, video, contact center, and managed IT services tailored to businesses of all sizes, today announced the expansion of its global reach, with the opening of new data centers in Sydney and Melbourne, Australia providing support for Crexendo's NetSapiens Platform Partners in that region. This strategic expansion builds on Crexendo's recent partnership with Oracle Cloud Infrastructure (OCI), which was announced in May 2024, marking a pivotal moment in the company's rapid growth and international reach.

Adding these two new data centers to Crexendo's current availability in the US, UK, and the Netherlands highlights Crexendo's commitment to delivering high-performance, reliable, and secure cloud communication solutions to businesses worldwide. This expansion enhances the geographic diversity of Crexendo's hosted services, providing customers in the Asia-Pacific region with localized hosting for improved access and reduced latency.

"Following our successful partnership with Oracle Cloud Infrastructure, we are excited to extend our global footprint with these new data centers in Australia," said Jeff Korn, CEO and Chairman of Crexendo. "Our focus has always been on providing our customers with the best-in-class cloud communication solutions, and these data centers are a critical part of that strategy. They enable us to offer our services with enhanced performance and reliability, especially for our customers in these key international markets."

Scott Goodwin, SVP of International Markets at Crexendo, added, "The launch of our data centers in Sydney and Melbourne represents a significant milestone in Crexendo's global strategy. These locations were carefully selected to meet the growing demand in these regions, ensuring that our customers experience the lowest possible latency and the highest levels of service quality. We are committed to supporting our international customers with robust infrastructure that matches their business needs."

With the new data centers operational, Crexendo is well-positioned to accelerate its market share growth in the Asia-Pacific region, further solidifying its status as a premier global provider of unified communications as a service.

About Crexendo

Crexendo, Inc. is an award-winning software technology company that is a premier provider of cloud communication platform software and unified communications as a service (UCaaS) offerings, including voice, video, contact center, and managed IT services tailored to businesses of all sizes. Our cloud communications software solutions currently support over five million end users globally, through an extensive global network of over 230 cloud communication platform software subscribers and our direct retail offering.

Safe Harbor Statement

This press release contains forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for such forward-looking statements. The words "believe," "expect," "anticipate," "estimate," "will" and other similar statements of expectation identify forward-looking statements. Specific forward-looking statements in this press release include information about Crexendo (i) having a successful partnership with Oracle Cloud Infrastructure; (ii) being excited to extend its global footprint with these new data centers in Australia; (iii) focus on providing our customers with the best-in-class cloud communication solutions with these data centers are a critical part of that strategy; (iv) believing these data centers enable us to offer our services with enhanced performance and reliability especially to customers in these key international markets; (v) believing the launch of the data centers in Sydney and Melbourne represents a significant milestone in our global strategy; (vi) having carefully selected these locations to meet the growing demand in these regions while ensuring customers experience the lowest possible latency and the highest levels of service quality and (vii) being committed to supporting international customers with robust infrastructure that matches their business needs.

Crexendo, Inc. undertakes no obligation to update or revise any forward-looking statements to reflect changes in circumstances or events that occur after the date of this press release. For a more detailed discussion of potential risks and uncertainties, please refer to the company's most recent filings with the Securities and Exchange Commission.

Company Contact

Crexendo, Inc.
Doug Gaylor
President and Chief Operating Officer
602-732-7990
dgaylor@crexendo.com

SOURCE: Crexendo, Inc.



View the original press release on accesswire.com

FAQ

Where has Crexendo (CXDO) opened new data centers?

Crexendo (CXDO) has opened new data centers in Sydney and Melbourne, Australia.

What is the purpose of Crexendo's (CXDO) new data centers in Australia?

The new data centers aim to support Crexendo's NetSapiens Platform Partners in the region, provide localized hosting, improve access, and reduce latency for customers in the Asia-Pacific region.

When did Crexendo (CXDO) announce its partnership with Oracle Cloud Infrastructure?

Crexendo (CXDO) announced its partnership with Oracle Cloud Infrastructure in May 2024.

How does the expansion affect Crexendo's (CXDO) global presence?

The expansion adds to Crexendo's existing data centers in the US, UK, and the Netherlands, enhancing its ability to deliver cloud communication solutions worldwide and positioning it for growth in the Asia-Pacific market.

CREXENDO INC

NASDAQ:CXDO

CXDO Rankings

CXDO Latest News

CXDO Stock Data

134.02M
12.03M
55.48%
20.52%
0.79%
Telecom Services
Telephone Communications (no Radiotelephone)
Link
United States of America
TEMPE