1. Scott Graham, Continuant

Avaya could be nearing a Chapter 11 bankruptcy filing. This is in a bid to revamp its business and to overcome accounting problems.

People familiar with the matter said there was substantial doubt about the company’s “ability to continue” considering a debt maturity next year, the Wall Street Journal reported.

As part of the conversation around restructuring, Avaya has not made any indications that it would abandon its on-premises client base for a cloud-only option for customers. However, some businesses are concerned about the cloud-centered, subscription-focused model as the answer to financial woes.

Scott Graham is CIO for Continuant, an MSP and systems integrator operating in the enterprise unified communications and collaboration space. Continuant services many of Avaya’s on-premises customers and has done so for 27 years.

Graham made wave when he said Avaya’s financial concerns are hanging over clients’ heads.

“It has caused them to think, ‘Do we need to start changing our plans and look for an exit ramp here?’” he said.

Read more about the circumstances that surround the company’s potential Chapter 11 filing and what sources had to say.