DGAP-News: NFON AG: Frost & Sullivan considers NFON to be one of the European companies with great growth potential and strong innovative power

2020. október 20., kedd, 10:00







DGAP-News: NFON AG


/ Key word(s): Study/Study results






NFON AG: Frost & Sullivan considers NFON to be one of the European companies with great growth potential and strong innovative power








20.10.2020 / 10:00




The issuer is solely responsible for the content of this announcement.




Corporate News



NFON AG: Frost & Sullivan considers NFON to be one of the European companies with great growth potential and strong innovative power



Munich, 20 October 2020 - NFON AG (together with its subsidiaries "NFON" or the "Company"), the only pan-European provider for cloud PBX providers, has developed very successfully in the first half of 2020. A success that is further confirmed by the results of a study, the global consulting firm Frost & Sullivan conducted. In the frost Radar(TM)*: Benchmarking Future Growth Potential, Frost & Sullivan places NFON AG in the group of the ten most innovative companies in Europe in the hosted IP telephony and UCaaS market.



The study examined 120 companies that offer their services in Europe, including Great Britain. Key parameters of the analysis were scalability of innovation, R&D, product portfolio, leverage of megatrends, customer focus, growth pipeline, vision and strategy, and sales and marketing. Hans Szymanski, CEO and CFO of NFON AG, explains: "According to the consultants, the companies in the Frost Radar(TM) are industry leaders in terms of growth, innovation or both. They are instrumental in leading the industry into the future. To be positioned here among the top ten companies is a confirmation of our success to date and underlines how right our growth strategy is".



Two indices span the field for the evaluation of the companies: The Growth Index is the measure of a company"s growth performance and track record. It shows the ability to develop and implement a growth strategy and vision, a robust growth pipeline and market, competition and end-customer oriented sales and marketing strategies. The Innovation Index defines the ability of a company to develop products, services and solutions with a clear understanding of disruptive megatrends. These should also be globally applicable, capable of being developed and expanded to serve multiple markets and changing



Hans Szymanski: "Our business model offers enormous potential for exploiting the momentum in the market. Our goal is clear: We want to become the number 1 for cloud telephony in Europe". With a strong Europe-wide partner network of over 2,700 partners and more than 40,000 customers from 15 European countries, NFON is sending a clear signal to the market for cloud communications. COVID-19 and the drastic shift of work activities to the home office had a positive effect on NFON"s growth rates in the first half of 2020. As a result, there is no longer any need to explain the existential necessity of flexible and location-independent workplaces. With its portfolio, NFON is very well prepared for this. The company will continue to exploit this momentum by further expanding its pan-European partner network, integrating additional UCaaS solutions into its product portfolio and expanding its development capacities at its new location in Portugal.



*Frost & Sullivan: Frost Radar(TM): Benchmarking future growth potential. European hosted IP telephony and UCaaS market. August 2020



Contact Investor Relations



NFON AG

Sabina Prüser

Head of Investor Relations

+49 89 45300 134
sabina.prueser@nfon.com



Contact for media



NFON AG

Thorsten Wehner

Vice President Public Relations

+49 89 45300 121
thorsten.wehner@nfon.com



About NFON AG



Headquartered in Munich, NFON AG is the only pan-European cloud PBX provider - counting more than 40,000 companies across 15 European countries as customers. With Cloudya, NFON offers an easy-to-use, independent and reliable solution for advanced cloud business communications. Further premium and industry solutions complete the portfolio in the field of cloud communications. With our intuitive communications solutions, we enable European companies to improve their work a little, every single day. NFON is the new freedom in business communication. http://www.nfon.com/



 



Disclaimer



This communication is for information purposes only and does not constitute an offer to sell or the solicitation of an offer to buy or subscribe for any securities of the Company. The securities discussed herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act") and may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act. There will be no public offering of the securities discussed in this release in the United States of America and the information contained in this release does not constitute an offer of securities for sale. This announcement is not for distribution, publication or transmission, directly or indirectly, to or within the United States of America, Australia, Canada, Japan or any other jurisdiction in which such distribution is unlawful, or to U.S. persons.



 
















20.10.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

























Language: English
Company: NFON AG

Machtlfinger Straße 7

81379 Munich

Germany
Phone: +49 89 453 00 0
E-mail: info@nfon.com
Internet: www.nfon.com
ISIN: DE000A0N4N52
WKN: A0N4N5
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1141801





 
End of News DGAP News Service





1141801  20.10.2020 



fncls.ssp?fn=show_t_gif&application_id=1141801&application_name=news&site_id=geo_holding_tug
Tilos a hír bármilyen adatbázisba történő mentése vagy annak továbbítása harmadik fél számára;kereskedelmi viszonylatban vagy kereskedelmi céllal csak a Deutsche Gesellschaft für Ad-hoc-Publizität mbh írásos engedélyével történhet.

Közzétételek - archívum