Back

New opportunities arising after the market correction

Twilio

Without being aware, you may be using Twilio services and technology in everyday communications, be it through a message system, internet portal security, etc. The company provides the resources for embedding customer communication tools into business software and apps, including phone calls, video, text and messages, all without ever leaving the app.

Communicating with customers is key, especially during times of stress. The digital transformation has not initiated this, but it made it simpler and more imperative.

The company’s growth opportunity is exciting, especially as security is key; more importantly, the company has acquired Signal, which is complementary to its existing products and services. The company’s sales growth rate is in the region of 40% in an addressable market of $62 billion (FY 2020) and $87 billion in two years’ time. In the same array, the company’s profit should grow over the upcoming years.