Bandwidth Inventory Turnover Ratio 2016-2023 | BAND
Bandwidth inventory turnover ratio from 2016 to 2023. Inventory turnover ratio can be defined as a ratio showing how many times a company's inventory is sold and replaced over a period.
| Bandwidth Inventory Turnover Ratio Historical Data |
| Date |
|
|
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| Sector |
Industry |
Market Cap |
Revenue |
| Computer and Technology |
Communication Infrastructure |
$0.506B |
$0.601B |
|
Bandwidth operates as a Communications Platform-as-a-Service (CPaaS) provider, offering avant-garde software application programming interfaces for voice and messaging services. It is the only API platform provider that owns a Tier 1 network with enhanced network capacity, primarily catering to business enterprises. It delivers unparalleled network quality and proactively monitors network operations 24/7 to resolve quality issues, capitalizing on an efficient cost structure for seamless connectivity and speed-to-market. Technology companies like Microsoft, Cisco and Google leverages Bandwidth's API to embed voice, messaging and 911 access into software & applications. It has 2 units: CPaaS and Other. CPaaS unit leverages cloud-based software platform for superior communications services to deal the huge demand of Unified-Communications-as-a-Service services and Meeting Solutions. It revenues from voice usage & messaging services. Other unit derives revenues primarily from legacy services & indirect revenues.
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