Polycom is certainly on a roll! Motley Fool has listed Polycom as one of the top five performers in the communications equipment sector, with a 47.2% YTD return. According to the web site, companies that do well may indicate either savvy moves from the business itself, or a larger trend out there in the market place. Either way let’s keep this type of good news coming!
A recent New York Times article describes the sale of Skype to Microsoft as one example of video conferencing hitting a critical mass with consumers and businesses. Other factors that are contributing to video conferencing’s popularity are the proliferation of broadband and an increased use of desktop computers/mobile devices.
“As more and more people are telecommuting and not working in the same office — or state or country — there’s more of a need to find other ways to communicate,” the article states.
While video will never replace all in-person interactions, the time has come for it to be a serious alternative to travel.
Pope Benedict conducted the first ever video conference with the astronauts of the International Space Station. The pope spoke to the astronauts through a video link in the Vatican’s library.
A new study published by a telepresence provider has identified a trend that we have seen among our customers: technology, specifically video conferencing, continues to play a pivotal role in SMB competitiveness. An increasing number of these businesses will invest in video this year to cut costs and be more efficient, and those with video will add to their existing solutions. Those who don’t will get left in the cold….
According to recent reports, VGo Communications Inc., a New Hampshire maker of telepresence robots, has taken in $4.2 million in a planned $6 million new equity funding round, the company reported in federal documents.