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American Virtual Cloud Technologies Inc. (AVCT) stock soars during after-hours. Here’s to know why

American Virtual Cloud Technologies Inc. (NASDAQ: AVCT) stock gained by 35.29% at last close while the AVCT stock price surged by 6.09% in the after-hours trading session. American Virtual Cloud Technologies is a leading global IT solutions supplier, focusing on unified cloud communications, professional services, cybersecurity, and increased connectivity.

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AVCT stock’ Update

Kandy Communications, a business unit of American Virtual Cloud Technologies, reported advancement in their long-standing cooperation with ConnX, which is leading in digital communications transformation powered by AI and automation.

Kandy and ConnX are launching their full-stack real-time communications offering intended to satisfy the particular requirements of retailers, following a series of massively effective implementations for physical, digital, and hybrid stores. ConnX, which links over 80,000 endpoints encompassing physical stores, a call centre, and the retailer’s eCommerce platform, recently changed a nationwide retail communications network in the United States constructed and operated by the two firms. 

Kandy’s carrier-grade Kandy Business Solutions, which include Cloud PBX, Smart Office UC Clients, Collaboration, Contact Center, and SIP Trunks, provides a comprehensive array of cloud-based Unified Communications as a Service (UCaaS) features to its cloud customers. All of these solutions are offered through Kandy’s distribution channels, which include ConnX and AT&T.

ConnX presently provides services in 120 countries, with intends to increase facilities and international networks to address the rising global demands of existing and prospective customers. Its distinctive platform provides a detailed real-time communications solution to mid-size and massive international enterprises, such as unified voice, data, video, chat, messaging, collaboration, security, and AI-powered service assurance.

Indrajit Ghosh, founder, and CEO, ConnX stated that,

When they observed the shift from old voice systems to pure cloud options accelerate, they picked Kandy as part of their core years ago. They were there from the start and are pleased to have contributed not just to the expansion of their technological stack and capabilities, but also to being an early adopter of their as-a-service services. Their most recent large-scale retail rollout was a resounding hit, and it’s now being extended to incorporate new applications and more seats. They have all of the data they need to prove Kandy’s platform’s robustness and durability, as well as the innovation and simplicity of their AI/SDWAN, SIP-as-a-Service, and AI-Analytics-as-a-Service services for the retail market.

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