ZTE Corp announced that research firm, Gartner has placed it in the Magic Quadrant for Softswitch technology capability including its R&D investments.

“We are honored to be one of the Softswitch leaders recognized by Gartner’s Magic Quadrant Report. It is a significant milestone for ZTE’s sustainable developments and a clear endorsement of our Softswitch and IMS solutions by the industry,” said Mr. Xu Ziyang, Vice President of ZTE.

According to the Gartner report, over 34% of ZTE’s workforce and 10% of its annual revenues are committed to R&D initiatives. Gartner said this continuous investment will help ZTE “sustain its Leader position in core products, and will ensure its quick response to clients' customization requirements.”

The report also highlights that ZTE has successfully strengthened its presence in emerging markets particularly in China and India.

The report gives credit to ZTE for managing to register 35% revenue growth in Softswitch market when the overall market witnessed a decline of more than 10%.