At TeleData Select, we have been watching the news about Avaya’s bankruptcy declaration last week. We have read through the press release and the resulting commentary from technology and financial news analysts.
Avaya explains that In addition to the global economic downturn in 2008 and the industry’s commoditization of telecommunication devices, the past decade has seen a core change in how consumers finance their telecom needs. Instead of the upfront purchasing of telecom hardware and software, the trend is to the more flexible, and harder to plan for, software as a service subscription model.
Avaya feels that they have successfully evolved into a software and services-led business. The bankruptcy is the last step to removing barriers to future success.
We wish them the best.
The situation does put a fine point on the financial impact of changes in technology and the importance of building flexibility into the office technology design.
We at Teledata Select have put together a guide to help businesses identify their needs when changing their telecom systems…..