Avaya Gets Court’s OK, Will Exit Chapter 11 Bankruptcy Before Year’s End

… to continue to create even greater business value for both our existing customers and new prospects. In fact, we recently built a new sales team and are investing significantly in order to partner deeper with Avaya to aggressively attack the market and capitalize on this opportunity.”

RingCentral, a competitor, is not convinced that Avaya will emerge a stronger company.

“While Avaya is reorganizing its corporate structure, their revenues are in a continuous secular decline,” said Praful Shah, RingCentral’s chief strategy officer. “The core reason for the decline is that their legacy on-premises products do not meet the needs of today’s modern mobile and distributed workforces; hence, they are being replaced by more innovative cloud solutions.”