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Frost & Sullivan to Host Web Presentation: A Discussion of Challenges and Possibilities in the Videoconferencing Market
(Logo: http://www.newscom.com/cgi-bin/prnh/20081117/FSLOGO)
Overall IT spending and deployment of enterprise communications technologies face considerable headwinds from the credit crisis and recession fears that continue to challenge the market. While videoconferencing vendors have in the recent past enjoyed robust growth resulting from increased awareness and adoption of video, there are legitimate questions surrounding the growth prospects for videoconferencing during a slowing economy.
As organizations look at ways to survive during the recession, cost control is becoming top of mind. Will videoconferencing ride the economic storm and continue to benefit from increased travel cuts, rising globalization, and the business need for improving productivity?
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"The videoconferencing market is in the midst of a massive transition as new products and delivery modes continue to emerge, and as vendors realign their strategies to tap into emerging growth opportunities," observes Jain. "While the economic crisis and an increasing emphasis on a greener environment are promoting videoconferencing as a viable alternative, there are compelling questions surrounding the growth and adoption over the next few years as the market faces big hurdles."
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Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 31 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.
Contact:
Stephanie Ochoa
Corporate Communications - North America
P: 210.247.2421
F: 210.348.1003
E: stephanie.ochoa@frost.com
http://www.frost.com
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