Move Strengthens Avaya’s Commitment and Capabilities to Lead and Grow
in UCaaS and CCaaS Globally
SANTA CLARA, Calif.--(BUSINESS WIRE)--
Avaya Holdings Corp. (NYSE: AVYA) announced today that Gaurav Passi, a
recognized leader in the cloud-based communications industry, has
joined Avaya as president of its cloud business group. Reporting to Jim
Chirico, Avaya President and Chief Executive Officer, Passi will be
responsible for further accelerating the company’s delivery of
cloud-based solutions and driving continued momentum to grow Avaya’s
market share in UCaaS (Unified Communications as a Service) and CCaaS
(Contact Center as a Service) worldwide.
“I am thrilled that Gaurav, a proven leader, with an outstanding track
record for driving success in cloud innovation, is joining Avaya. This
move is a game changer.” said Chirico. “Gaurav is the right person to
accelerate our penetration in this key, strategic growth area of our
business. His success in formulating and executing strategies,
developing technology and building high performing teams sets him apart
from others in the industry. Gaurav’s addition to our leadership team
will be invaluable as we double down on the multiple dimensions of cloud
including public, private and hybrid solutions to unlock significant
value for our customers and partners.”
Passi brings over a decade of cloud-industry executive experience to
Avaya. Most recently serving as Executive Vice President, Products and
Technology at Five9, where he spearheaded the development, modernization
and growth of the company’s contact center cloud offering. He has also
held senior leadership positions with P&L responsibility and overseeing
product strategy and execution at Deutsche Telekom Hosted Business
Services, Amdocs Inc. and Ciena Corporation.
“Leading Avaya’s cloud business is an exciting opportunity and I am
eager to be working closely with the customers and a very talented Avaya
team to rapidly advance our position driving innovation and digital
transformation in the cloud,” said Passi. “The company’s massive install
base along with our ability to penetrate new markets and add new
customers presents an unparalleled opportunity to extend our footprint
as a major force in both UCaaS and CCaaS. Avaya will be the partner of
choice for organizations of all sizes seeking the benefits of robust and
scalable cloud-based communications solutions.”
In its release of financial results for the third fiscal quarter ending
June 2018, Avaya confirmed that it had over 3 million seats in the cloud
across its private and public cloud offerings in UCaaS and CCaaS, and
that cloud-based solutions now represent approximately 11% of total
revenue. Mid-market cloud MRR grew 43% and enterprise cloud MRR grew
107% quarter over quarter during that same period, outpacing average
industry growth rates. In just the last three quarters Avaya has
launched a public cloud storefront, a CCaaS offering for enterprise, a
mid-market UCaaS multi-tenant solution, a cloud Master Agent program,
and begun extending its retail cloud offering to key international
markets.
About Avaya
Avaya is a global leader in digital communications software, services
and devices for businesses of all sizes. Our open, intelligent and
customizable solutions for contact centers and unified communications
offer the flexibility of Cloud, on-premises and hybrid deployments.
Avaya shapes intelligent connections and creates seamless communication
experiences for our customers, and their customers. Our professional
planning, support and management services teams help optimize solutions,
for highly reliable and efficient deployments. Avaya Holdings Corp. is
traded on the NYSE under the ticker AVYA. For more information, please
visit www.avaya.com.
Cautionary Note Regarding Forward-Looking Statements
This document contains certain “forward-looking statements.” All
statements other than statements of historical fact are
“forward-looking” statements for purposes of the U.S. federal and state
securities laws. These statements may be identified by the use of
forward looking terminology such as "anticipate," "believe," "continue,"
"could," "estimate," "expect," "intend," "may," "might," “our vision,”
"plan," "potential," "preliminary," "predict," "should," "will," or
“would” or the negative thereof or other variations thereof or
comparable terminology and include, but are not limited to expected
feature releases and statements about future products, expected cash
savings and statements about growth, exchange listing and improved
operational metrics. The Company has based these forward-looking
statements on its current expectations, assumptions, estimates and
projections. While the Company believes these expectations, assumptions,
estimates and projections are reasonable, such forward-looking
statements are only predictions and involve known and unknown risks and
uncertainties, many of which are beyond its control. The factors are
discussed in the Company’s Registration Statement on Form 10 filed with
the Securities and Exchange Commission, may cause its actual results,
performance or achievements to differ materially from any future
results, performance or achievements expressed or implied by these
forward-looking statements. For a further list and description of such
risks and uncertainties, please refer to the Company’s filings with the
SEC that are available at
www.sec.gov
.
The Company cautions you that the list of important factors included in
the Company’s SEC filings may not contain all of the material factors
that are important to you. In addition, considering these risks and
uncertainties, the matters referred to in the forward-looking statements
contained in this report may not in fact occur. The Company undertakes
no obligation to publicly update or revise any forward-looking statement
as a result of new information, future events or otherwise, except as
otherwise required by law.
Source: Avaya Newsroom
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Avaya Holdings Corp.
Forrest Monroy
fwmonroy@avaya.com
Source: Avaya Holdings Corp.