Manulife Chooses Vonage for Seamless Customer Engagement

Rhea-AI Summary

Vonage (Nasdaq: VG) has partnered with Manulife Singapore to enhance customer engagement in the Asia Pacific through automated messaging using Vonage’s SMS API. This collaboration enables timely notifications for OTPs and policy updates across multiple countries including Singapore, Vietnam, and China. The growth of mobile communication is notable, with A2P SMS messages projected to reach 1.9 trillion by 2025. Vonage provides developers with dedicated support, highlighting its commitment to seamless customer experiences.

Positive

• Partnership with Manulife Singapore enhances customer engagement in Asia Pacific.
• Utilization of Vonage’s SMS API for automated and timely notifications.
• Growth in A2P SMS messaging, projected to reach 1.9 trillion by 2025.

Negative

• None.

Vonage delivers automated and timely notifications for important customer messages

SINGAPORE--(BUSINESS WIRE)-- Vonage (Nasdaq: VG), a global leader in cloud communications helping businesses accelerate their digital transformation, has been chosen by Manulife Singapore, a leading provider of insurance and financial planning solutions, to enhance customer engagement in the Asia Pacific region.

Manulife Singapore is using Vonage’s SMS API to deliver automated and timely notifications for one-time passwords (OTPs), policy notifications and promotional messages to its customers in the region, including Singapore, Vietnam, Malaysia, the Philippines, Hong Kong and China. Vonage APIs enable businesses to easily build intelligent, intuitive customer experiences directly into their existing applications, systems and workflows, enabling communications across any channel and on any device for better customer engagement.

“Adopting digital solutions and personalised customer experiences has become critical to meeting changing customer expectations and strengthening brand loyalty. In fact, 71% of Singaporean consumers were more likely to buy again from a brand that treated them like an individual. 66% only buy from brands that understand their preferences, such as communicating through their favourite channels¹,” said Sunny Rao, Senior Vice President, API Global Sales, Vonage.

“SMS remains a vital communication format in the Asia Pacific region, where mobile penetration continues to rise, with 1.8 billion subscribers expected by 2025². Vonage’s solutions can help businesses create seamless customer journeys through automated communications solutions. This ensures that businesses are engaging with customers on their preferred channel in a continuous and timely manner,” added Rao.

Both the number of application-to-person (A2P) messages and their value are growing as brands add mobile and digital channels to interact with their existing customers and recruit new ones. 1.3 trillion A2P SMS messages were sent in 2020, in emerging Asia Pacific, accounting for 70% of all A2P messages worldwide. It is expected that the number of A2P SMS messages will reach 1.9 trillion by 2025.³

As a Vonage API Services customer, Manulife Singapore’s developers also benefit from priority support via a designated support team contactable through all channels and access to an Enterprise Service Manager who can assist with on-boarding and ongoing project success.

The Vonage Communications Platform has more than one million registered developers and offers a full suite of programmable voice, video, messaging, and email services to forward-thinking businesses throughout the Asia-Pacific market and worldwide. Through its partners, Vonage's platform is at the centre of many notable transformational projects in the region, and a de facto for startups.

To find out more about Vonage, visit www.vonage.com.

About Vonage

Vonage (Nasdaq:VG), a global cloud communications leader, helps businesses accelerate their digital transformation. Vonage's Communications Platform is fully programmable and allows for the integration of Video, Voice, Chat, Messaging, AI and Verification into existing products, workflows and systems. Vonage's fully programmable unified communications and contact center applications are built from the Vonage platform and enable companies to transform how they communicate and operate from the office or remotely - providing the flexibility required to create meaningful engagements.

Vonage is headquartered in New Jersey, with offices throughout the United States, Europe, Israel and Asia. To follow Vonage on Twitter, please visit www.twitter.com/vonage. To become a fan on Facebook, go to facebook.com/vonage. To subscribe on YouTube, visit youtube.com/vonage.

¹ https://techwireasia.com/2021/08/70-of-singaporean-consumers-want-a-personalized-digital-customer-experience/

² https://www.gsma.com/mobileeconomy/wp-content/uploads/2021/08/GSMA_ME_APAC_2021_Web_Singles.pdf

³ https://www.analysysmason.com/contentassets/e6ce24279023464e845e40c211415549/analysys_mason_a2p_emap_forecast_sample_mar2021_rdmv0.pdf

View source version on businesswire.com: https://www.businesswire.com/news/home/20220606005544/en/

Media Contact:

Nicola Brookes

+44 (0)207 785 8888

nicola.brookes@vonage.com

Investor Contact:

Monica Gould

+1 (212) 871-3927

ir@vonage.com

Source: Vonage

FAQ

What new partnership did Vonage announce with Manulife Singapore?

Vonage announced a partnership with Manulife Singapore to enhance customer engagement in the Asia Pacific using its SMS API for automated notifications.

How does Vonage's SMS API benefit Manulife Singapore?

The SMS API allows Manulife Singapore to deliver timely notifications for OTPs, policy updates, and promotions to customers across multiple countries.

What is the expected growth of A2P SMS messages by 2025?

The number of A2P SMS messages is projected to reach 1.9 trillion by 2025 in the Asia Pacific region.

What advantages does Vonage provide to its API Services customers?

Vonage offers priority support and access to an Enterprise Service Manager to assist with onboarding and project success to its API Services customers.