Search
 
Alexander Hamilton Awards

Increasing Treasury’s Bandwidth by Harnessing Accessible Tech

Bandwidth wins the 2021 Gold Alexander Hamilton Award in Treasury Transformation. Congratulations to Scott Taylor and the rest of the team!

X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Bandwidth wins the 2021 Alexander Hamilton Gold Award in Treasury Transformation

For nearly a decade, Bandwidth has been a pioneer in the market for communications-as-a-service. The company’s offering, which combines a cloud-based communications platform with a Tier-1 carrier network, underlies some of the world’s most widely used videoconferencing applications. With much of the world working from home, Bandwidth had a banner year in 2020, despite the global financial chaos.

“After several successful rounds of raising capital, Bandwidth was already growing at a fast pace when I joined,” says treasurer Scott Taylor, “but the accelerated shift to the cloud in the last year certainly gave us an extra lift. We also closed a large acquisition [of Voxbone] that was transformative for our organization, helping us move into new markets internationally where we didn’t previously have a presence. We now serve around 60 countries, whereas before the acquisition, we covered about 15. All in all, 2020 was a big year for us.”

One quarter into 2021, the company remains in growth mode. “When we went public in 2017, Bandwidth had around 350 employees, or ‘bandmates’ as we say internally,” Taylor says. “We were around 800 before the Voxbone acquisition, and today we have over 1,000 bandmates around the globe. And we’ve committed to double that number again in less than a decade with plans for a spectacular new corporate campus in Raleigh, North Carolina.”

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

Meg Waters

Meg Waters

Meg Waters is the editor in chief of Treasury & Risk. She is the former editor in chief of BPM Magazine and the former managing editor of Business Finance.

More from this author

Trending Stories

 

Recommended Stories

Navigating Volatility in the USD Landscape

Navigating Volatility in the USD Landscape

Tom Meiman & Sam Schwartzman |

In this unique time of disruption, U.S. businesses face a challenging marketplace in which interest rates are not only historically low, but may possibly go negative. Here’s how treasurers can achieve their operating cash goals in this unprecedented environment.

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.