Anthony is also the creator and primary contributor to the FreeSWITCH open source project, the foundation upon which SignalWire’s technology is built. One of the key differentiating factors for SignalWire is its founding team, led by CEO Anthony Minessale II. Moreover, SignalWire has the potential to power a decentralized telecom vision and become the backbone for cloud-based person-to-person and machine-to-machine communications. The company is on the leading edge of a trend in the telecom industry in which legacy hardware solutions are being replaced by software-based and virtualized telephony and communication services. SignalWire aspires to be the world’s largest cloud-native telecommunications platform, bridging legacy telecom with modern mobile and app-based communication services. Samsung Next invested in SignalWire in part because of its potential to grow as part of the red hot infrastructure-as-a-service (IAAS) sector, which was valued at $39 billion in 2019 and projected to reach $202 billion by 2027. Potential in the rapidly growing IaaS sector FreeSWITCH enables companies to create their own telecom solutions using a free suite of voice, chat, and video applications.īut SignalWire’s enterprise-level platform - which features a scalable elastic cloud infrastructure and APIs that support bi-directional data transmission - provides customized tools for building more advanced communication infrastructure. The company’s enterprise products are based largely on FreeSWITCH, an open source telecom stack used by about 5,000 businesses worldwide. Our portfolio SignalWire provides a case study in this area. In order to solve some enterprise-scale problems, open core solutions - which use open source as a foundation - provide a way to monetize viable commercial products.

But as open source projects evolve, they sometimes outgrow their ability to scale. Open source software development harnesses the power of community to develop solutions and iterate improvements based on collective experiences.

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