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Conferencing Zone Week in Review: Revolabs, Bank of America, Konftel

May 13, 2017

Welcome back to the week in review, where we take a look at all the top stories making headlines in the Conferencing Zone this week.

The week started off with the exciting news that Revolabs is partnering with Yamaha. By partnering with the well known provider of high quality microphone and speaker products, Revolabs hopes to improve its video conferencing solutions. We can already see the positive effects of this partnership, as the latest version of the Revolabs platform will include the Yamaha CS-700 Video Sound Collaboration System. Find out more HERE.

Meanwhile, Bank of America announced this week that it is going to start making some big plays in the conferencing realm itself. It has already opened robo branches in three locations, and now it’s looking to expand this idea further. The idea is to have branches with absolutely no employees—just ATMs and video conferencing rooms that will allows people to discuss important matters—like mortgages and retirement planning—with remote workers. Everything you need to know is HERE.

Konftel was all about convenience in conferencing as well this week, with the addition of one touch conferencing to its offerings. Konftel’s newest solution, the Konftel 300 IPx, bills itself as a “game changer,” and the simplest form of conferencing communication to date. The solution has a number of great qualities, but the highlight is app compatibility that is supposed to make the entire conferencing process much easier. Find out more HERE.

Finally, the week rounded out with some good news for the conferencing market as a whole. Michael Guta discussed predictions for the future, stating, “As broadband deployments continue to increase and mobile technology is able to access the same speeds, more businesses are leveraging video conferencing solutions to communicate with local, national and international customers and vendors. And according to Credence Research, this will drive a 8.6 percent compound annual growth rate (CAGR) in the market from 2015-2022 for a value of $7.76 billion.” Everything you need to know about driving factors is HERE.

That’s all for this week. Come back next week to read all the latest news in the Conferencing  space.