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Not long ago, the vast majority of enterprises relied on voice-only legacy phone systems for all of their communications needs.
While these devices served their purpose well for many years, they quickly became outdated given the rapid development of new technologies such as cloud communication platforms.
Now, it’s hard to imagine a company that still relies on those expensive and clunky legacy technologies like direct phone lines, and it’s likely only a matter of time before every business flys up into the cloud for better communications technology.
With that said, there are still a surprising number of companies that have yet to explore all of the great benefits of cloud communications.
The pandemic has likely accelerated a broad secular shift toward more cloud-based tech, which means plenty of great investment opportunities will come out of the space going forward.
Cloud-based technology can offer enterprises of all different sizes unique advantages including multiplatform unification, financial flexibility, rapid scaling opportunities, and mobility and remote connectivity.
These benefits are a big reason why a company like Digerati Technologies, Inc. (OTCQB: DTGI) is intriguing.
Digerati offers cloud services that include internet-based telephony products and services delivered through its cloud application platform and session-based communication network and network services including internet broadband, fiber, mobile broadband and cloud Wide Area Network (SDWAN) solutions.
As businesses continue to migrate from legacy systems to cloud-based communication services, Digerati has a fantastic opportunity to gain market share and help small and medium-sized businesses improve their operations.
The truth is that legacy phone systems are inefficient and expensive to maintain, which has already led many companies to move to Voice Over Internet Protocol (VoIp) solutions.
Because cloud-based communications eliminate the need for expensive on-premise hardware and software, small and medium-sized businesses can save money by implementing this type of technology.
It can also help companies avoid headaches related to connecting multiple locations around the world with business exchange lines.
Digerati offers some of the most advanced solutions for companies that are interested in the next wave of communications, as it can help with cloud-hosted services that can be integrated into Customer Relationship Management (CRM) and other collaboration software.
As the market enters the third wave of unified communications and collaboration transformation, the demand for cloud-native integrated and collaborative capabilities with low-code or no-code integrations to many popular cloud applications could explode. These trends and the rise of cloud-based communications platforms certainly make Digerati a company to monitor going forward.
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