Mavenir’s Acquisition of Telestax
For this vignette of a recent episode of the Futurum Tech Webcast, Part of the 5G Factor series, analysts Ron Westfall and Shelly Kramer examine why the Mavenir acquisition of Telestax improves the Mavenir Engage proposition and alters the competitive dynamics of the Communications Platform as a service (CPaaS) market. Their discussion covered: How Mavenir’s 5G and mobile networking expertise can swiftly differentiate the CPaaS capabilities of the Mavenir Engage platform as many of the established CPaaS providers, such as Vonage and Twilio, as well as tech titan like Cisco, Microsoft, and AWS targeting the space, don’t have such in-house capabilities today Why 5G and API enablement are instrumental to unlocking enterprise value across verticals such as IoT, smart cities, and connected car, as well as providing turnkey applications and boosting use case networking for logistics, fleet management, AI/ML chatbots, voice biometrics verification, immersive commerce/entertainment, and additional use cases. How the deal strengthens Mavenir’s portfolio to address emerging WFH, BYOD, and CPaaS security requirements across enterprise and managed service environments. Ron and Shelly see Mavenir making additional inroads in the CPaaS realm as operators increasingly prioritize 5G monetization and CPaaS technology evolves to assimilate a wider range of mobile/5G capabilities that fulfill digital workforce demands.