Featured Article from Conferencing

Seeing the Light: Videoconferencing on the Rise


May 07, 2015

Tech-savvy companies are starting to realize that sending someone to a far off, face-to-face meeting is so 2014. More and more are starting to realize that the best way to conduct business might be via videoconference, where an employee can simply log on, speak to a client in real time via the computer and a videoconference set-up, conduct the needed business and then get right back to work. The money and time saved is immeasurable.

Now, new data shows that this isn’t just wishful thinking: It’s actually happening.

Research from International Data Corporation (IDC) revealed that an increasing number of companies are beginning to invest in the technology; IDC found that sales of videoconferencing equipment were up 15.8 per cent in Q4 2014.

And like the saying goes, “But wait; there’s more!”, IDC had some other interesting numbers, which showed that year-on-year sales increased by four per cent, while room-based video system revenue increased 11.8 per cent in Q4 and 12.6 per cent year-over-year. In addition, Personal video-conferencing systems revenue (which didn’t include executive desktop systems) rose a strong 64.8 per cent in the final quarter of last year and 25.4 per cent year-over-year.

"The results are reflective of the ongoing market transition from a primarily hardware-based technology to one impacted by the growing interest in software-based solutions and video subscription services,” said Rich Costello, senior analyst of Enterprise Communications Infrastructure at IDC.

There was also related news posted online, with a report from U.K. tech site HotDesk.com, which said that a separate study published as part of Nemertes Research’s 2014-15 Enterprise Technology Benchmark report showed that nearly 30 percent of companies have already implemented cloud-based video conferencing services. “An additional two per cent plan to do so in 2015,” HotDesk said. “Its data also revealed that an additional 16 per cent are evaluating these services for possible deployment.”

It’s good news indeed for those that have already embraced the technology, as they appear to be ahead of a widening curve.