Question-and-Answer Session
Operator
(Operator Instructions) And our first question is from Paul Silverstein - Credit Suisse.
Paul Silverstein - Credit Suisse
I recognize you just entered the marketplace, so I trust your numbers are small, and you may not be prepared to talk about it. But given your entry into enterprise and contact center and the guidance, can you give us some sense for how much of the revenue growth is a function of the entry into new product markets and how much of that growth is organic to your original service provider efforts?
Andy Ory
Yes, I mean, Paul, it is hard to breakdown for several reasons. First of all, it’s a forward-looking statement. It is hard for us to know where the growth is going to come from. What I can say is that since we started the year on January 1, we have seen activity pickup in every region across all of our market sector and that includes enterprise and contact center. So I do have a pretty good feeling about enterprise and contact centers this year.
The major shift that I have seen is that the service providers some of them are really starting to lean into offering SIP-based IP trunk. That really wasn’t around last year, that’s one thing.
Secondly, we are starting to see that the ecosystems, systems integrators, as well as equipment manufacturers, both to the contact centers and the enterprises, are starting to recognize that IP interconnect is pretty darn important, and we have seen our business development activity pick up with them as well.
We haven’t quantified what percentage of our business is going to come from the IP, from the contact centers and the enterprises. I do suspect that Europe and North America will provide most of the revenue opportunity, though we do have customers in all four of our regions.
I think that 2009, it is strategic. It will really be a significant portion of our business and it will be an independent growth driver. In 2007 it was clearly a seven figure business. There is no question about it. It’s hard for me to know exactly where it is going to be in 2008. I guess you could say, if you want to quantify, again, this a forward-looking statement, I have no basis to back this up, but it’s probably less intense.
Paul Silverstein - Credit Suisse
In ?08?
Andy Ory
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