Cloud Stocks: After Acquisitions, Five9 Focuses On Channel And Network Partnerships

Five9’s PaaS Strategy

Like many others, Five9 has been building an API-focused platform strategy. It currently has strong CRM and partner integrations and continues to invest in making its platform more accessible through enhanced APIs and SDKs. It also has an App Marketplace that allows developers to leverage its platform. Five9 has more than 80 partners on its ecosystem that continue to innovate and provide new apps and integrations. Its API library provides a robust set of integration capabilities that open up Five9 Cloud Contact Center Platform services to enable integration with business applications, custom agent desktops, operational dashboards, and data-driven interaction routing.

Its stock is currently trading at $187.56 with a market capitalization of $12.4 billion. It touched a 52-week high of $198.60 earlier this month. It hit a 52-week low of $52.51 in March last year.

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Disclosure: All investors should make their own assessments based on their own research, informed interpretations and risk appetite. This article expresses my own opinions based on my own ...

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