CXDO 📈 Crexendo - Overview

Crexendo Inc (NASDAQ:CXDO) is a leading provider of cloud communication platforms and services, video collaboration tools, and managed IT solutions for businesses globally. The company operates through two primary segments: Cloud Telecommunications Services and Software Solutions.

The Cloud Telecommunications Services segment specializes in providing telecommunications services that utilize Internet protocol (IP) or cloud technology to transmit calls. This involves converting voice signals into digital data packets for transmission over the Internet or cloud. Additionally, the segment offers broadband Internet services, develops end-user portals for account and license management, and provides billing and customer support. Crexendo also sells and leases cloud telecommunications equipment, catering to businesses' hardware needs. Furthermore, the company offers a range of unified communication solutions, including hardware, software, and IP-based solutions, which can be accessed through various devices and user interfaces, such as desktop phones, mobile devices, and desktop applications, all under the Crexendo brand name.

The Software Solutions segment provides a comprehensive suite of unified communications, collaboration, video conferencing, and contact center solutions. This segment also offers SNAPsolution, an IP-based platform, and SNAPaccel, a software-as-a-service based software. Moreover, Crexendo provides subscription maintenance and support services, as well as professional services, including consulting, technical support, resident engineer, design, and installation services, to help businesses implement and manage their communication systems effectively.

Crexendo Inc has a rich history, dating back to its incorporation in 1995. Initially known as iMergent, Inc, the company changed its name to Crexendo Inc in May 2011. Headquartered in Tempe, Arizona, Crexendo continues to innovate and expand its offerings to meet the evolving needs of businesses in the digital age.