SOMERSET, N.J., February 16, 2022 /PRNewswire/ — VTI, broadband and network technology experts, today announced that they are continuing their impressive growth and have achieved 82% customer growth in 2021, 100% customer retention and over 30% customers under contract for extended products and services. The company also reported numerous successes in innovative new services and leadership. The nation’s commitment to extending broadband to schools, homes and businesses has driven demand for VCTI’s innovative broadband network planning products and services.
“I am extremely proud of VCTI’s extraordinary achievements in 2021. Our remarkable team continues to exceed customer expectations in the high quality services and products we provide,” said Raj Singh, CEO of VCTI. “Time and time again, our customers expand their engagements with us through our innovative software and deep skillset.”
As part of this momentum in 2021, VCTI achieved several major milestones, including:
Outstanding business performance: VCTI reports an 82% increase in new customers in 2021 and a 100% customer renewal rate. Additionally, more than 30% of VCTI customers have purchased new products and services, demonstrating the value VCTI brings to organizations.
New innovative service offerings: VCTI continues to introduce market-leading services that enable customers to achieve their business goals faster and more cost-effectively.
Broadband Investment Optimization Services to help broadband providers quickly prioritize infrastructure investment opportunities as they expand and improve service coverage areas. The Service identifies viable technology options with economic analysis in targeted areas to help service providers prioritize infrastructure investments and strengthen collaboration with local governments for public-private partnerships.
The escalation of the practice of software services continues: Existing customers continue to expand their service engagements with the VCTI Software Services team. Certified Kubernetes delivery teams work on microservices and cloud projects at leading technology companies around the world.
New Executive and Board Member: To support its growth, VCTI has bolstered its leadership team and advisory board with the strategic appointments of sales veteran Troy Halford as Executive Vice President of Sales and veteran of the telecommunications industry Brent Williams to its advisory board.
VCTI is currently recruiting to support its growth and plans to significantly expand its employee base in 2022. More details on careers at VCTI can be found at https://vcti.io/join-us/
VCTI is a world leader in networking technology. VCTI provides expert technical resources to help technology companies develop complex network and cloud products, as well as software solutions and services that enable broadband service providers to optimize investments for network evolution, simplify operations and strengthen their path to digital transformation. A trusted partner to the world’s most respected and innovative broadband service providers and technology companies, VCTI is a privately-held global company headquartered in the United States with offices in India. Learn more about www.vcti.io