Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

RINGCENTRAL, INC.

(RNG)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

RingCentral : Named a Leader in the 2021 Gartner« Magic Quadrant™ for Unified Communications as a Service, Worldwide Report for Seventh Year in a Row

10/20/2021 | 11:50am EST

Positioned furthest for completeness of vision in the Leaders quadrant

RingCentral, Inc. (NYSE:RNG), a leading provider of global enterprise cloud communications, video meetings, collaboration, and contact center solutions, today announced that Gartner has recognized RingCentral as a Leader in the 2021 Magic Quadrant for Unified Communications as a Service (UCaaS), Worldwide report, making this RingCentral’s seventh year in a row being named to the Leaders quadrant. In the Magic Quadrant report, published on October 18, 2021, RingCentral was positioned furthest for completeness of vision in the Leaders quadrant.

“The Gartner Magic Quadrant report comes at a time when organizations are embracing Unified Communications as a Service to enable new hybrid work environments that are helping organizations to accelerate their digital transformation and open exciting new opportunities,” said Anand Eswaran, president and chief operating officer, RingCentral. “As a pioneer in this space, we are proud to be recognized once again by Gartner as a Leader in this year’s Magic Quadrant for UCaaS, Worldwide. We think this recognition is fueled by our commitment to innovation, global availability and reliability, and most importantly, our dedication to helping customers realize tangible business value by migrating to the cloud for all their employee and customer communications needs.”

The rapid pace of innovation with RingCentral MVP™  (Message Video Phone ) is unparalleled. RingCentral has added several exciting new updates and features to their unified offering on a regular basis including AI features that intelligently script and create meeting summaries, next-gen analytics that provide actionable insights for cross-functional teams enabling end users to solve the productivity challenges, and new Rooms capabilities designed for a hybrid workforce. RingCentral has also doubled down on innovation, acquiring two companies in the security and AI space -- Kindite and DeepAffects -- to enhance its Message Video Phone platform with next-gen capabilities. Over the last year, RingCentral has focused on partnering with new global service providers, including Verizon Business and Vodafone Business, to make its cloud communications solutions more available to enterprises worldwide.

Download a complimentary copy of the 2021 Gartner Magic Quadrant for Unified Communications as a Service, Worldwide report.

Disclaimer

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

  1. GARTNER and Magic Quadrant are registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and are used herein with permission. All rights reserved.
  2. Gartner, Magic Quadrant for Unified Communications as a Service, Worldwide, By Rafael Benitez etc., 18 October 2021

About RingCentral

RingCentral, Inc. (NYSE: RNG) is a leading provider of business cloud communications and contact center solutions based on its powerful Message Video Phone  (MVP) global platform. More flexible and cost effective than legacy on-premises PBX and video conferencing systems that it replaces, RingCentral® empowers modern mobile and distributed workforces to communicate, collaborate, and connect via any mode, any device, and any location. RingCentral offers three key products in its portfolio including RingCentral MVP, a Unified Communications as a Service (UCaaS) platform including team messaging, video meetings, and cloud phone system; RingCentral Video®,  the company's video meetings solution with team messaging that enables Smart Video Meetings; and RingCentral cloud Contact Center solutions. RingCentral’s open platform integrates with leading third-party business applications and enables customers to easily customize business workflows. RingCentral is headquartered in Belmont, California, and has offices around the world.

© 2021 RingCentral, Inc. All rights reserved. RingCentral, Message Video Phone, MVP, RingCentral MVP, RingCentral Video, RingCentral Contact Center, Smart Video Meetings, and the RingCentral logo are trademarks of RingCentral, Inc.


ę Business Wire 2021
All news about RINGCENTRAL, INC.
12/02MarketScreener's World Press Review - December 2, 2021
12/01Workers Concerned That Workplace Freedom Will Disappear in 2022 According to New RingCe..
BU
12/01INSIDER SELL : Ringcentral
MT
11/26INSIDER SELL : Ringcentral
MT
11/19INSIDER SELL : Ringcentral
MT
11/18RingCentral's CEO, CFO, and Investor Relations Rank First Place in Institutional Invest..
BU
11/17TaskHuman, Inc. announced that it has received $9.5 million in funding from Madrona Ven..
CI
11/16RingCentral Gives Customers More Flexibility with New Microsoft Teams Enhancements and ..
BU
11/151&1 Versatel Partners With RingCentral to Bring the Power of Gigabit Internet and Busin..
BU
11/151&1 Versatel Partners with RingCentral, Inc. to Bring the Power of Gigabit Internet and..
CI
More news
Analyst Recommendations on RINGCENTRAL, INC.
More recommendations
Financials (USD)
Sales 2021 1 581 M - -
Net income 2021 -362 M - -
Net Debt 2021 991 M - -
P/E ratio 2021 -48,7x
Yield 2021 -
Capitalization 18 095 M 18 095 M -
EV / Sales 2021 12,1x
EV / Sales 2022 9,61x
Nbr of Employees 3 140
Free-Float 88,2%
Chart RINGCENTRAL, INC.
Duration : Period :
RingCentral, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends RINGCENTRAL, INC.
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 26
Last Close Price 193,65 $
Average target price 393,00 $
Spread / Average Target 103%
EPS Revisions
Managers and Directors
Vladimir G. Shmunis Chairman & Chief Executive Officer
Anand Eswaran President & Chief Operating Officer
Mitesh Dilip Dhruv Chief Financial Officer
Vlad Vendrow Chief Technology Officer
Trevor Schulze Chief Information Officer
Sector and Competitors
1st jan.Capi. (M$)
RINGCENTRAL, INC.-47.58%18 095
ORACLE CORPORATION36.40%241 220
SAP SE6.47%152 004
SERVICENOW, INC.11.39%122 006
CONSTELLATION SOFTWARE INC.29.86%35 530
HUBSPOT, INC.93.13%35 203