Today was a busy one at IT EXPO. I had the opportunity to address a group of potential resellers and participated on two panels. In addition I was interviewed for a podcast (http://www.telecomreseller.com/category/podcasts/).
As I reflect on the day, three thoughts stand out:
- I am excited about the relationship with Ringio we announced today (press release). We are calling the joint offering ROI: Ringio On InPhonex. The opportunity to offer a uniquely powerful hosted business application – one that combines a PBX, IVR, and CRM – to distributors as a white-label product is receiving an enthusiastic response.
- There is tremendous energy in the next-generation telecom space right now. The IT EXPO show is well-attended; all the sessions I was in were full; and the exhibit floor was busy this evening.
- Cloud-based telephony services represent an opportunity that is without precedent in the recent history of telecom: widespread profitability. Never before has it been possible to launch a telecommunications service offering and deploy it to tens of thousands of customers without spending millions of dollars on infrastructure. In the past the huge upfront debt crushed most start-up service providers. Many that survived had to go through bankruptcy restructuring in order to do so.
The downside of lower barriers to entry is a crowded marketplace (hence a busy trade show). The key to success – as it nearly always is – remains execution. The companies that can market and sell their service and retain their customers will have the opportunity for rapid, profitable growth.
It seems to me that execution is about creativity and hard work (also known as “inspiration and perspiration”). The creativity I am focused on right now is thinking about the all the companies that have the right resources and relationships to sell ROI but aren’t currently selling telecom services at all. More to come on this thought . . .
