RNG RingCentral Inc. Class A

RingCentral Introduces CloudConnect for Direct Access to the RingCentral Cloud Platform

RingCentral, Inc. (NYSE:RNG) a leading provider of enterprise cloud communication and collaboration solutions, today announced RingCentral CloudConnectTM, a service that allows enterprises the ability to leverage their dedicated and private connections to connect directly to the RingCentral cloud. Customers can use their preferred network service provider through a private data exchange enabling lower latency, greater network reliability and availability, and added security.

“Enterprises are demanding private and secure connections to the cloud to ensure optimal performance and scalability,” said Mark Winther, group vice president and consulting partner of Worldwide Telecommunications at IDC. “RingCentral CloudConnect helps eliminate the bottlenecks associated with cloud access over the public internet and enables a secure path for enterprises.”

While for most organizations Over-the-Top (OTT) for cloud connectivity works perfectly well, some large enterprises are looking for a way to eliminate the unpredictable traffic patterns on the public internet which can affect their service quality. RingCentral CloudConnect solves this by providing a managed connection through a private data exchange to offer bandwidth up to 10Gbps per connection and redundancy options to deploy in a cloud-redundant or geo-redundant fashion.

The addition of CloudConnect to RingCentral’s product portfolio is designed for enterprises that require predictable network performance, the ability to better manage network availability and reliability and want additional security. Customers can also use CloudConnect to establish connections in different global locations for international reach and geo-redundancy.

“RingCentral’s CloudConnect makes it easy to establish a dedicated network connection from your headquarters or large regional offices to RingCentral,” said Curtis Peterson, senior vice president of operations at RingCentral. “We’re pleased to offer our CloudConnect service to meet the needs of enterprise customers, who often have bandwidth intensive work environments and require fast performance and a connection to their dedicated carrier-provided network.”

Pricing and Availability

A single RingCentral CloudConnect service offers up to 200 Mbps of bandwidth and is priced at $1,000/connection. Multiple quantities can be purchased to allow scalability of up to 10 Gbps per connection. Each connection is redundant-ready and managed by RingCentral. Customers can choose the network service provider of their choice and have access to 14 points of presence across all 5 continents.

About RingCentral

RingCentral, Inc. (NYSE:RNG) is a leading provider of cloud-based business communications and collaboration solutions. RingCentral’s cloud solution is easier to manage, and more flexible and cost-efficient than legacy on-premises communications systems. It meets the needs of modern distributed and mobile workforces spanning SMB to Enterprises globally. RingCentral is headquartered in Belmont, Calif.

RingCentral, RingCentral CloudConnect and the RingCentral logo are trademarks of RingCentral, Inc.

EN
20/09/2016

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Two Directors at Ringcentral Inc sold 28,961 shares at between 27.688USD and 28.000USD. The significance rating of the trade was 60/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the ...

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