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On March 15, 2022, Vonage (Nasdaq: VG) announced that Savinay Berry has been recognized as one of the top Chief Product Officers in the Global CPO 20 list. This inaugural recognition celebrates influential CPOs driving digital transformation globally. Berry, with over 20 years of tech experience, leads Vonage's engineering and product management teams, focusing on innovative communication solutions. This award underscores Vonage's commitment to advancing digital communications and enhancing customer engagement in an increasingly digital landscape.
Vonage (Nasdaq: VG) will showcase its insights on cloud communications at Enterprise Connect 2022, taking place from March 21-24 in Orlando, FL. CEO Rory Read is featured in a fireside chat on March 23, focusing on digital transformation and future communication trends. Other engagements include discussions on UCaaS and CPaaS, aimed at addressing industry advancements. Attendees can visit Vonage's booth (#2113) for interactive product demos, highlighting the company's commitment to enhancing business communication.
On March 1, 2022, Vonage (Nasdaq: VG) announced that Japan-based start-up VoicePing selected its Vonage Video API to enhance virtual reality travel experiences through the Dokodemo Door Trip service. This innovative service uses 360° photography and allows users to engage in immersive virtual travel, including real-time conversations with local guides. The partnership will support VoicePing's expansion of VR services, such as VR Therapy and VR Music, leveraging superior video capabilities to meet growing demand for realistic digital experiences as a response to travel restrictions caused by the pandemic.
Vonage Holdings Corp. (Nasdaq: VG) reported its Q4 and full-year results for 2021, showcasing a 13% revenue increase to $366 million in Q4, driven by a 23% rise in Vonage Communications Platform (VCP) revenue. However, Consumer revenue fell 16% year-over-year to $66 million. The company recorded a net loss of $22 million, though this improved by $8 million from the previous year. For the full year, total revenue reached $1.409 billion, marking a 13% annual increase, accompanied by a consolidated net loss of $24 million. No conference call or guidance was issued due to the Ericsson acquisition.
Vonage (Nasdaq: VG) announced that Novo Nordisk, a global healthcare leader, selected Vonage Contact Center integrated with Salesforce to enhance patient support in its international operations. The solution offers deep integration with Salesforce, enabling secure and reliable communication, data access, and enhanced customer service. Novo Nordisk aims to improve service delivery and access to care for chronic disease patients. Vonage is recognized for its ability to streamline customer interactions without costly hardware upgrades.
On Feb. 14, 2022, Vonage (Nasdaq: VG) announced its partnership with Visionflex, an Australian telehealth innovator, to enhance remote diagnostic services via the Vonage Communication Platform. This collaboration aims to revolutionize telehealth through advanced software and hardware solutions designed for remote medical care. Visionflex integrates Vonage's APIs for superior audio and video connectivity, facilitating comprehensive patient diagnostics beyond standard video consultations. The partnership addresses the surging demand for effective telehealth solutions, particularly accelerated by the COVID-19 pandemic.
Vonage (Nasdaq: VG) announced that Jim Regan, the company's Channel Chief, has been named to CRN's 2022 Channel Chiefs' list, recognizing top IT channel vendor executives. This accolade highlights Regan's leadership, particularly his role in enhancing Vonage's Channel Partner Program and Partner Experience Portal as part of its strategic growth initiative, Vonage Accelerate. The initiatives aim to empower channel partners and drive customer success, reflecting a commitment to innovation and collaboration.
On January 24, 2022, Vonage (Nasdaq: VG) announced a partnership with WhatsApp to enhance the COVID-19 vaccine VIRA chatbot. Developed by the Johns Hopkins Bloomberg School of Public Health, VIRA provides reliable vaccine information globally. The chatbot will now be integrated into WhatsApp, leveraging the Vonage Messages API to deliver timely updates and respond to inquiries on vaccine effectiveness and eligibility. Over 4 billion messages have been communicated through WhatsApp's health helplines since the pandemic began. This collaboration aims to improve access to critical health information.
Vonage (Nasdaq: VG) has partnered with DataMix, an education provider, to enhance its online test-taking system, Excert, using the Vonage Video API. This integration enables essential features like identity verification and remote proctoring, improving user experience and operational efficiency. The Video API's scalability supports large-scale examinations, allowing supervision for thousands of candidates simultaneously. Vonage's communications platform offers a robust suite of tools for businesses, and this collaboration underscores its commitment to enhancing educational technology.
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