TANDBERG ‘s shareholders thought $3 billion was too low of a bid to purchase the videoconferencing technology leader. It was originally reported that Cisco purchased TANDBERG in early October. Some analysts are saying Cisco has funds to increase the offer. Maybe Cisco will just purchase a smaller share? How does this affect Polycom and other TANDBERG competitors?
Looking for proof that advanced Unified Communications and Collaboration (UC&C) technology is a worthy investment for your company? Just turn to the latest report from business research and consulting firm Frost & Sullivan. Sponsored by Verizon and Cisco, “Meetings Around the World II: Charting the Course of Advanced Collaboration,” introduces the industry’s first quantitative model for a return on collaboration investment.
Excerpts from the study:
- Businesses and government agencies deploying VoIP soft phones, immersive video and fixed mobile convergence received an average return of four times their investment in deploying collaboration technologies in terms of improvement across business-critical areas.
- The majority of organizations deploying (UC&C) are more successful than their peers compared to those not deploying UC&C (70 percent versus 47 percent).
- Of organizations deploying UC&C, 40 percent plan to increase spending.
- More than 80 percent of organizations that have not yet deployed UC&C tools plan to deploy some form in the next two to three years.
Based on this research, are you interested in developing a UC & C integration for your organization? If not, what are the key factors holding you back?
For more on the study, click here.
By Michael Brandofino
Executive Vice President of Video Communications and Unified Collaboration
And then there were two. Today’s news about Cisco’s acquisition of TANDBERG should come as no surprise to those familiar with the video communications industry. Cisco’s leap into the video space with the launch of its Telepresence platform a few years ago was a clear statement that video communications was the target of future growth for Cisco. However, it was clear that while Cisco introduced a competitive high-end system, they lacked a full range of products to compete effectively against Polycom and TANDBERG . This acquisition effectively leaves two major players who make up approximately 90% of the market with a handful of others making up the rest.
This development continues to validate that video communications is quickly becoming a critical application for companies and is a key component of any enterprise’s Unified Communications strategy. AVI-SPL is positioned well to capitalize on these developments, as we have strong relationships with both Cisco, TANDBERG and Polycom. We continue to invest in training and certifications so we can be at the forefront of technology and will help our customer navigate through the changes in the market, and the potential changes in technology stemming from the acquisition of TANDBERG by Cisco.
For featured TANDBERG products, click here. »
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Alert! It has come to our attention that there is a computer virus named Green AV (“Green AntiVirus”) circulating on the internet. AVI-SPL in not affiliated with or affected by the Green AV hoax. All references to Green AV on any of AVI-SPL’s websites is relevant to the Green Audio Visual industry.
In his article, “Videoconferencing helps companies cut travel costs,” USA Today reporter Roger Yu profiles the cost savings being brought to law firm Lathrop & Gage. With 11 offices and 300 attorneys, Chief Information Officer Ben Weinberger estimates that he’ll only need to travel once this year to each office, versus the typical 25 times a year. He’s now relying on the six dedicated videoconference rooms set up in the main headquarters, with HD cameras, monitors and software provided by Polycom.
Substantial industry growth:
In 2008, the global videoconferencing market grew 24% to $2.4 billion, according to Roopam Jain, a technology analyst at Frost & Sullivan. The firm forecasts the market will more than double, to reach $5.7 billion by 2013.
Commentary by unified collaboration leaders TANDBERG and Polycom:
Recent tech breakthroughs have helped to loosen business customers’ purse strings, says Rick Snyder, president of TANDBERG ‘s Americas operation. Internet bandwidth is more plentiful and affordable. HD cameras can cost less than $200. More sophisticated chips can compress HD images with crisper resolution. Some vendors can help clients better manage internal computer networks so that video gets priority. “The movement to HD has raised the bar,” Snyder says.
With costs falling, smaller businesses are being courted with systems that cost less than $10,000. Polycom and TANDBERG have introduced products featuring 32- to 52-inch monitors and HD cameras that can be installed in boardrooms or on PCs.
By Margaret Cashill | Tampa Bay Business Journal
Published on December 5, 2008
If you have only seen video teleconferencing technology in the movies, chances are you will see your image on a monitor sooner than you think.
As the economy contracts, businesses and government agencies are curtailing travel. AVI-SPL Inc. facilitates face-to-face interaction between associates in different cities by designing, installing and servicing video teleconferencing equipment and other collaborative technologies.