More Investments in Video Conferencing to Come

By Neil Zawacki
Updated: August 26, 2011

More Investments in Video Conferencing to Come

Infonetics, a major telecom market research firm, has predicted that enterprises will spend up to $5 billion on video conferencing and telepresence systems by 2015. This prediction was echoed by Frost & Sullivan, a global analyst firm that surmised the Web conferencing and collaboration market will grow to $4.12 billion by 2014.

Nefsis, a video conferencing software developer, believes that cloud-based computing will play a prominent role in these future investments. Back in 2008, approximately 50% of the products they sold were on-premise systems. Today, 90% of their products use cloud-based software-as-a-service.

The company also indicated the critical components needed to meet the forecasted demand. These included virtualization in a true cloud, low latency, multipoint HD, dynamic scalable video, and advanced collaboration for software delivery. They also stated that advanced IT features like built-in network diagnostics, Quality of Service, and firewall and proxy transversal were very important as well.

Tom Toperczer, the Vice President of Marketing at Nefsis, spoke briefly on this matter. He stated, “Cloud computing and video conferencing are more popular than ever, but there are fundamental differences that set the leading cloud-based solutions apart. Be sure to look for multiple points of presence and real-time, distributed workload balancing – a centralized data center or a single hosted video router is not exactly in the spirit or technical meaning of the word ‘cloud’.”
 

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