Pareteum Corp. (TEUM) Celebrating Growth in Cloud-Based SaaS Market, Ongoing Enhancement of Revenue and Performance
Pareteum is building on sales and acquisition successes by joining the Russell 3000 Index, granting the company a higher investment profile Pareteum’s cloud platform and related services connect millions of people in dozens of countries over numerous networks, with most of the company’s revenues currently coming from Europe The SaaS market is expected to expand at a CAGR of 21.2 percent through 2023, and the overall cloud market is expected to grow by 17.3 percent this year, showcasing the rising demand for related products and services The company’s second quarter financial report, anticipated next month, is expected to show the…