Asia Pacific Telepresence and Video Conferencing Industry to Account For 35% of Global Sales by 2014
TAIPEI, Taiwan, Aug. 5 /PRNewswire-Asia/ — Telepresence and video conferencing are poised to grow into a USD$4.7 Billion industry worldwide by 2014, out of which Asia Pacific is expected to contribute USD$1.7 Billion, according to Frost & Sullivan. Speaking at the launch of the TANDBERG Telepresence T3 room in Hong Kong, executives from TANDBERG and Frost & Sullivan reiterated the need to ensure interoperability based on an open standards platform if the technology is to create long-term value for organizations.
The growth in telepresence has largely been driven by the introduction of higher quality products, falling broadband prices and the need for senior executives to cut costs associated with business travel. For an increasing number of companies in Asia Pacific with existing video conferencing capabilities, telepresence is fast becoming the next must-have technology in the enterprise armory, and TANDBERG is prepared to meet their needs. The TANDBERG T3 provides an unparalleled immersive telepresence experience. Designed with special premium lighting and features, the T3 creates the effect that participants are actually sitting across the table, even if they are half way around the globe.
TANDBERG’s President for Asia Pacific, Lars Ronning said, “People tend to forget that telepresence is not a product, it is an experience and an extension of video conferencing. Increasingly, we’re seeing telepresence become a critical part of the total visual communication offering and in the last six months in particular, we’ve had some very notable customer wins in Asia with financial houses leading the way in adoption.”
Industry Analyst for Frost & Sullivan’s ICT Practice (Asia Pacific), Pranabesh Nath said, “The telepresence market in Asia is definitely seeing a strong growth and awareness; however to realize the full potential of this technology, customers need to be able to talk to each other no matter what telepresence system or vendor they use. TANDBERG’s initiatives in this area are commendable and take the industry closer to full interoperability that customers are increasingly demanding.”
Organizations interested in telepresence should consider the technology as a part of a larger visual communications strategy and deploy telepresence solutions like the T3 that will work with most existing business applications, services and infrastructure without requiring upgrades in hardware. Complementing telepresence with a variety of endpoints, such as PC-based, desktop and room-based video systems, as well as integrating with unified communications applications, like Microsoft Office Communications Server, will also help ensure maximum return on investment by giving every employee video access to help drive efficiencies and greater productivity. TANDBERG’s complete portfolio of visual communications products and infrastructure provide the most flexible and scalable solutions to meet the needs of any organization.
For more information, visit http://www.tandberg.com
About TANDBERG
TANDBERG is the leading global provider of telepresence, high-definition video conferencing and mobile video products and services with dual headquarters in New York and Norway. TANDBERG designs, develops and markets systems and software for video, voice and data. The company provides sales, support and value-added services in more than 90 countries worldwide. TANDBERG is publicly traded on the Oslo Stock Exchange under the ticker TAA.OL. Please visit http://www.tandberg.com for more information. TANDBERG is a trademark or registered trademark in the U.S. and other countries.