<s>
Hoiio	B-Application
is	O
a	O
cloud	O
company	O
providing	O
modular	O
software	O
services	O
to	O
businesses	O
on	O
a	O
subscription	O
and	O
usage	O
based	O
model	O
.	O
</s>
<s>
Launched	O
in	O
2012	O
,	O
Hoiio	B-Application
began	O
as	O
a	O
cloud	O
communication	O
service	O
provider	O
but	O
over	O
time	O
,	O
expanded	O
to	O
include	O
compliance	O
,	O
marketing	O
and	O
human	O
resource	O
management	O
.	O
</s>
<s>
As	O
of	O
March	O
2015	O
,	O
Hoiio	B-Application
has	O
invested	O
US3.3	O
million	O
into	O
the	O
research	O
and	O
development	O
of	O
cloud	O
technologies	O
and	O
Hoiio	B-Application
apps	O
engine	O
.	O
</s>
<s>
The	O
apps	O
operate	O
on	O
a	O
Software	B-Architecture
as	I-Architecture
a	I-Architecture
Service	I-Architecture
business	O
model	O
and	O
users	O
are	O
charged	O
for	O
usage	O
of	O
Voice	O
,	O
SMS	O
and	O
Numbers	O
as	O
well	O
as	O
app	O
subscriptions	O
.	O
</s>
