Growing Hospitality Market Broadsoft Hospitality's focus on cloud software and services for the hospitality and travel industry positions it as a key player in a rapidly expanding sector, creating opportunities to target hotel chains, resorts, and travel service providers seeking scalable communication solutions.
Strategic Industry Collaborations Partnerships with major telecom providers like Cisco and Optus demonstrate Broadsoft’s capability to integrate with large enterprise clients, suggesting significant potential for developing new deals with similarly large companies looking to enhance their hosted communication offerings.
Recent Product Launches The launch of solutions such as Call Center Xpress and enhancements to contact center systems highlight Broadsoft’s ongoing innovation, making it appealing to organizations seeking advanced, customizable contact and call center solutions to improve customer service.
Market Niche and Competitors While targeting mid-sized to large enterprises with revenues between $10M and $25M, Broadsoft faces competition from well-funded firms like 8x8 and RingCentral, indicating an opportunity to differentiate with specialized hospitality industry features and tailored service packages.
Financial Growth Potential With a revenue range of $10M to $25M and a focus on expanding cloud communication solutions, there is a significant sales opportunity for introducing new value-added services, upselling enterprise integrations, and expanding into underserved hospitality segments with customized solutions.