In the trading over the course of the past year, business networking technology company Twilio Inc. (TWLO) has risen by more than 218 percent. The fast growth was largely due to the huge change around the world to remote jobs. Nevertheless, even with this, the firm has long-term growth drivers. In particular, the prospect, by acquisitions and widening of the address market, of growing revenue.

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Twilio bought the SendGrid wireless email network two years ago and continued to incorporate its offerings with its technologies. The increase in sales of e-mail services has increased as a result. The integrated email network achieved 36 percent year-on-year sales growth in the first half of 2020.

The purchase of for $3.2 billion was announced by Twilio in October. A crucial void in the Twilio user experience network has been filled by the latest acquisition (customer data platform). The company of the consumer data portal contributes another $17 billion to the overall addressable market and opens up a wide array of possibilities for cross-selling.

Other growth drivers also refer to Twilio. It is growing faster than overall revenue in its high-end application services segment which includes contact centers, video, and messaging software.

Twilio currently has about 360 users from the list of businesses in Global 2000. Around the same time, in many years, these consumers’ prices have risen more than six times. However, only about 5 percent of gross sales are overall revenue from this main collection of consumers. This leaves plenty of room to develop into these main markets and in the coming years to add large new consumers.

Due to social distancing initiatives and the organization of remote work for millions of office workers around the world, Twilio has received a strong boost in the past year. However, the company’s long-term growth is driven largely by the general dynamics in industry digital change and is not dependent on the pandemic.

Twilio Inc. (TWLO) increased to $360.27, up +0.87 percent in Friday trading.

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