Vidyo Launches VidyoWay for Free
Hot off the track from growing 80 percent last year, Vidyo has launched a new multi-vendor and multi-party video conferencing solution for no money down, no payments for six years, and actually, no money at all, ever, since it’s free.
VidyoWay, the software-based, interoperable service, uses cloud-based meetings to connect Vidyo’s video conferencing systems with others, such as those from industry leaders such as Cisco and Polycom, Microsoft Lync clients, mobile devices, or other H.323 or SIP-based room systems. Rather than using a directory of video endpoints, users can invite each other from their own address books, or join in using Vidyo’s Click-to-Connect capability.
With nearly 2,000 customers and 300 global resellers, Vidyo can afford to make VidyoWay available, mostly because it also serves an advertising purpose, acting as a video gateway to draw users to its VidyoConferencing system. One has to imagine they’re doing something right, with an 80 percent increase in revenue from 2010 to 20111, and a 90 percent increase in first quarter revenue year-over-year.
Of course, anything offered for free isn’t going to have all the capabilities of a paid version. Still, this seems like a great offering for people who have to juggle multiple video conferencing systems, and can save users the trouble of having to connect with people on Lync, Polycom software, and a mobile device at the same time. As we’ve seen from software like Skype, free conferencing software can still lead to profit, and if it gets more people interested in Vidyo’s other systems, then it seems like a win-win situation for Vidyo and users alike.
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Robert Pleasant is a writer for TMCnet, covering new news in the world of technology and communications. A graduate from UC Santa Cruz with a BA in Literature, Robert has been writing for years, but has only recently had his reports start appearing on websites such as TMCnet and UCStrategies.
Edited by Brooke Neuman