8x8 2016 Annual Report Download - page 5

Our fiscal year ends on March 31 of each calendar year. Each reference to a fiscal year in this Annual Report, refers to the fiscal year ended March 31 of the
calendar year indicated (for example, fiscal 2016 refers to the fiscal year ended March 31, 2016). Unless the context requires otherwise, references to "we," "us,"
"our," "8x8" and the "Company" refer to 8x8, Inc. and its consolidated subsidiaries.
ITEM 1. BUSINESS
Overview
8x8 provides cloud-based, enterprise-class software solutions that transform the way businesses communicate and collaborate globally. Delivered through a SaaS
(Software as a Service) business model, our solutions are at the forefront of a disruptive technology shift that is occurring in business communications where
enterprises are increasingly replacing costly and unwieldy on-premises communications equipment with agile, cloud-based software services delivered over the
public Internet.
Cloud computing has fundamentally changed the way enterprise software applications are developed and deployed. Organizations no longer need to buy and
maintain their own infrastructure of servers, storage and tools in order to run core business applications. Instead, companies can gain access to a variety of business
applications via an Internet browser or mobile device on an as-needed basis, without the cost and complexity of managing the hardware or software in-house.
8x8's comprehensive software platform brings together the power of cloud, mobile, collaboration, video and data science technologies to enhance the way
employees communicate with each other, and how they connect and interact with their customers. Our integrated, "pure-cloud" offering combines global voice,
conferencing, messaging and video with integrated workflows and big data analytics on a single platform to enable increased team productivity, better customer
engagement and real-time insights into business performance. Through a combination of open API's (application program interface) and pre-built integrations, 8x8
solutions seamlessly leverage critical customer context from internal data systems and industry-leading Customer Relationship Management (CRM) systems,
including cloud-based solutions from Salesforce.com, NetSuite, and Zendesk.
Powered by internally owned and managed technologies, 8x8's offerings are uniquely positioned to serve businesses of all sizes and can easily scale to large,
globally distributed enterprise customers. Our turnkey solution spans the breadth of communications and collaboration needs, is provided with industry-leading
reliability at an affordable cost and is quick and easy-to deploy through our proprietary deployment methodology. This allows customers to focus on their business
instead of managing the complexities of disparate communications and collaboration platforms and the integration of these platforms with other cloud-based
business applications.
Available Information
We were incorporated in California in February 1987 and reincorporated in Delaware in December 1996. We maintain a corporate Internet website at the address
http://www.8x8.com. The contents of this website are not incorporated in or otherwise to be regarded as part of this Annual Report. We file reports with the
Securities and Exchange Commission, or SEC, which are available on our website free of charge. These reports include annual reports on Form 10-K, quarterly
reports on Form 10-Q, current reports on Form 8-K and amendments to such reports, each of which is provided on our website as soon as reasonably practical after
we electronically file such materials with or furnish them to the SEC. You also can read and copy any materials we file with the SEC at the SEC's Public Reference
Room at 100 F Street, NE, Washington, DC 20549. You can obtain additional information about the operation of the Public Reference Room by calling the SEC at
1.800.SEC.0330. In addition, the SEC maintains a website (www.sec.gov) that contains reports, proxy and information statements, and other information regarding
issuers that file electronically with the SEC, including 8x8.
Our Industry
Businesses today are facing increasing cost and complexity with deployments of communications and collaboration solutions. Companies of all sizes are managing
a mobile and globally distributed workforce that seeks to leverage multiple forms of communication, including voice, text, video and desktop, in their day-to-day
interactions. The rapid rise of mobile devices in the enterprise has created demand for "bring your own device," or BYOD, provisioning capabilities. Additionally,
companies are looking to increase their competitive edge by integrating ERP (Enterprise Resource Planning), CRM (Customer Relationship Management), and
HCM (Human Capital Management) applications and other back-office information technology (IT) systems within their communications infrastructure.
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