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Business Octane Launches TeleAllpresence and announces $50MM investment to build 30 global demonstration facilities

June 1, 2011 | Howard Lichtman
Business Octane's CollaboratorHYPERALLMAX 9000 seats up to 15 Participants

Business Octane, an Indian-based telepresence and visual solutions provider, has launched a new line of telepresence group and large group systems under the name TeleAllpresence.  The company also announced that it is planning to invest $50 million to set up 30 executive experience centers globally over the next three years to demonstrate their solutions.

The company announced the launch of Immersive TeleAllpresence, which is a line of immersive group telepresence solutions built around Polycom video endpoints, comprises seven variants, that can be combined to create meetings of between 18 to 600 participants across 3 to 40 locations.  The group systems are engineered telepresence environments that include furniture that precisely positions attendees, lighting, meeting control, and between one and ten screens depending on model.

Business Octane's CollaboratorHYPERALLMAX 4000

Business Octane CEO Sanjay Bansal was quoted in Indian media on the company's announced $50MM investment in demonstration centers: "We already have five executive experience centres in India, including in Hyderabad. We will be launching 30 more globally, including seven in India, in three years," he said.

"The cost of installing TeleAllpresence for a three-participant location will be Rs 40 lakh ($88,775) per location while it will be between Rs 2.5 crore ($5,548,478)and Rs 3 crore ($6,658,173) for a 600-participant one," Bansal said, adding the company had already deployed the solution for its client Vedanta in the UK for $2 million.

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