After a very difficult 2017, with the company going under Chapter 11, Avaya is back in top form to list on the New York Stock Exchange.
The American telephone exchange manufacturer has achieved a successful balance sheet restructuring, halved its debt and freed up cash flow of almost 278 million Swiss francs, which will be invested in technological innovation and growth.
2018 is shaping up to be an exciting year for Avaya.
Who is Avaya, the leading company in global business communications?
Avaya is a U.S.-based, global leader in the supply of communications software. Avaya provides high-quality products, combined with comprehensive support for its customers’ needs, enabling centralized communication on site, in the cloud or mixed.
Today’s digital world requires businesses to source communications software, and no other company is better placed to do this than Avaya.
What’s more, it is investing heavily in emerging technologies such as blockchain, artificial intelligence and the cloud.
Why the IPO today?
“For our team, our customers and our partners, it is an honor to celebrate the listing of the new Avaya on the New York Stock Exchange. We are more focused than ever on the digital transformation of the industry,” said Jim Chirico, President and CEO of Avaya.
“With our track record of innovation and expertise in deploying scalable solutions on a global scale, Avaya is now at the heart of strategic enterprise connectivity. We have over 130,000 customers at 220,000 sites worldwide, and more than 100 million users. 
“Avaya is also the largest provider of unified communications and contact center solutions in the cloud.
We are currently encountering unprecedented opportunities: for example, only 10% of our contact center customers have migrated to the cloud.
Our customers need a variety of deployment options.
We need to exceed their expectations, stay ahead of the competition and quickly take advantage of new technologies such as artificial intelligence, blockchain and the Internet of Things.”
All these factors encouraged Avaya to go public. The managers have worked on their operations and financial structures.
They have challenged themselves, and their results are good, and improving every year. .
De plus, les nouveaux capitaux leurs permettront d’investir dans de nouveaux domaines technologiques.
What does the future hold for Avaya?
Gary Levy, Vice President of Avaya’s US channels, said that this entry into public life will directly benefit partners in their day-to-day customer sales activities.
“Avaya’s main competitors, Cisco and Microsoft, have not experienced the same financial problems, but they too are restructuring. For Microsoft, it’s the transition to Teams, and for Cisco, it’s the acquisition of Broadsoft. Avaya is still working on its cloud strategy,” adds communications analyst Brian Riggs.
For financial analyst Jon Arnold, “few technology companies get a second chance after bankruptcy.
But the hard work that’s been done will keep this legendary brand going.
They’re smaller than they used to be, but they’ve put their problems behind them and now have solid finances. Avaya has all the cards in hand to beat the competition in a rapidly evolving market “. 
