Amcom Telecommunications, an award-winning IT and telecommunications company, recently partnered with Cisco (News - Alert) to deliver Cisco’s hosted collaboration solution (HCS) to the Australian market.
While the agreement between Amcom and Cisco becomes effective immediately, Amcom’s HCS will only be available from June 2013 to its new and existing clientele. Amcom initially invested $8 million for the upgradation and deployment process of HCS and Cisco has provided a long-term vendor finance facility. Further investment will be provided by Cisco for further upgradation and marketing once its HCS services make inroads via Amcom into Australian markets and the customer base increases in Australian telephony space.
With this partnership, Cisco’s HCS customers can unify their communications before delivering them over the Amcom Cloud Network. Australian enterprises are interested in hosted technology and the demands have steadily been growing. Amcom can not only leverage this demand profitably, but it can also capitalize the opportunity viz., its strategic partnership with Cisco. Hence, it’s not surprising that Amcom is slowly but steadily building up its cloud and IT telephony portfolio.
“This contract is an important part of our strategy to offer customers IT and Communications-as-a-Service, delivered over our national data network,” said Amcom chief executive officer Clive Stein in a statement. “The solution complements its existing offering and gives enterprise customers the ability to unify all of their communications, including telephony and video conferencing, instant messaging, presence and the ability to access them in real-time across any location or device. HCS also enables employers to capitalize on the transition to Bring-Your-Own-Device (BYOD) workplaces and supports the shift to a more mobile workforce.”
HCS offers a compelling reason to its customers to opt for to a hosted or cloud delivery model from legacy on-premises systems. With its on-premises Cisco Call Manager Solutions, HCS is a very attractive option in the Australian Telephony Space for enterprise customers. With its flexible cloud-based solution and advanced features, Cisco’s HCS is the next-generation solution for organizations.
Half-yearly results for Amcom for the six months ending December 31, 2012 were recently declared by the company. The statements show a net profit of $10 after tax. From 4.1 cents per share, its earnings per share have now increased by 17 percent. Amcom claimed the uplift in earnings was due to organic sales growth from its core data networks (fiber) and expanded hosted and cloud services offerings. Amcom’s EBITDA has increased 16 percent to $19.2 million and EBIT is also up 18 percent to $14.5 million in spite of its investments in new operating capabilities.
Amcom is expecting an increase of about 20 percent in its underlying net profit in FY 2013 over FY 2012 and its future sure looks bright.
Edited by Rachel Ramsey