Increased Demand for Elastic Networking Solutions Fuels 2018 Revenue Growth for ECI

ECI, a global provider of ELASTIC Network solutions for service providers, critical infrastructures and data center operators, announced record growth in 2017 with a double-digit percent increase in sales along with dozens of new customer wins. This was fueled by continued growth in established markets and marked improvements in key regions like EMEA.

"Our ELASTIC Network solutions have proven to be well positioned to support industry drivers, globally," said Darryl Edwards, CEO and president of ECI. "While our first half saw incremental growth, third and fourth quarter results were particularly strong. The result was outstanding double-digit growth, while many of our competitors reported revenue declines. We expect this growth to continue as demand increases and customers look to optimize current infrastructure investments until the next spending cycle begins with 5G."

ECI continues to play an essential role in providing the necessary infrastructure to handle the growing demand that businesses and consumers are placing on global networks as they evolve. Driving this service provider demand is a shift in focus on new revenue streams from digital operations.

However, current infrastructures are not yet optimized for tomorrow's requirements and service providers are increasingly looking to move towards more agile, dynamic networking. This is where ECI's vertically tailored solutions make network transformation simple and painless.

"ECI has demonstrated itself to be a strong value-based partner due to our technical capabilities in a myriad of market environments," Edwards continued. "In fact, ECI continues to enjoy a series of such partnership announcements and key customer wins across the globe. We experienced a 'snowball effect' every quarter, it seemed, and global efforts were just as strong as our EMEA strategic results."