Rev.io released a press release on Tuesday announcing the company’s expansion of services with NETXUSA integration. Rev.io is a leader in customer management solutions and sophisticated billing.
Integration with NETXUSA will help the company reach its goal to streamline Internet of Things services and communications.
Integration of the two companies will accelerate the activation time of services, boost customer satisfaction and ensure accurate billing. The company’s release states that Rev.io clients grow at three times the industry average, and the integration with NETXUSA will enhance this growth further.
NETXUSA offers comprehensive VoIP solutions to clients.
Rev.io’s platform is scalable to meet the needs of small and growing clients. The company’s service allows clients to offer a range of payment options, including: metered, one-time payments and recurring. Tax integration is provided along with CRM integration to fully automate billing.
NETXUSA will utilize Rev.io’s services to shorten the time it takes their clients to activate new orders.
magicJack for Business is a customer of both companies and played a role in the partnership. The press release states that the company recommended the manual process be eliminated, which resulted in Rev.io and NETXUSA going into discussions. The result was the integration of both companies’ products.
Rev.io is working on a new look for its website, which will be launched in 54 days. The redesign will allow for easy integration of the company’s products and offer a powerful platform with low overhead. The company works to lower overhead and provide tools and integrations for businesses in the scaling process.
VoIP services are an expanding market. The market is expected to grow to a $194.5 billion market by 2024, according to a report by Persistence Market Research. The market was valued at $85.9 billion last year.
Transparency Market Research projects that the global VoIP services market will hit $136.76 by 2020.
An increase in global growth will benefit both companies following the announcement.
The Internet’s growing demand and formation into a necessity can help the market accelerate faster than reports. Increased penetration into satellite cities and urban areas will aid in the growth of VoIP.
European growth is expected to be driven by small- and medium-sized businesses. Business VoIP services in Europe and the United Kingdom will experience a growth in demand. VoIP offers low maintenance costs and minimum staffing, which allows for cost-savings for enterprises.
Individual user growth is forecasted to be the fastest growing segment during this period.