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Frost & Sullivan Honors Vidyo with Global 2011 Product Differentiation Excellence Award for Videoconferencing Infrastructure Systems
September 13, 2011 | Hogan Keyser
HACKENSACK, N.J., Sep 13, 2011 (BUSINESS WIRE via MarketWatch.com) -- Frost & Sullivan, the Growth Partnership Company, and Vidyo, Inc., the first company to deliver personal telepresence, today announced that Vidyo is the 2011 recipient of the Frost & Sullivan Global Product Differentiation Excellence Award in Videoconferencing Infrastructure Systems. Based on the findings of Frost & Sullivan's Best Practices research, the award spotlights the emergence of Vidyo as a key vendor in a market that is highly competitive and dominated by videoconferencing giants. Frost & Sullivan's analysis indicates that Vidyo's disruptive platform and APIs will expand the market.
"In a marketplace defined by technological advancements, Vidyo has been at the forefront of innovation, launching products that have positioned the company for growth," said Roopam Jain, Industry Director, Unified Communications and Collaboration, Frost & Sullivan. "In terms of innovation, technical excellence, scalability and adaptability to varied videoconferencing environments, the VidyoConferencing suite of solutions is impressive and market disruptive. Vidyo's technology allows new entrants a low barrier of entry to create new, differentiated and cost-effective applications at a desired price performance."
Vidyo is seeing success based on new and innovative products that address end user pain points. In its Best Practices Report on Vidyo, Frost & Sullivan cites that currently, several products in Vidyo's portfolio - the VidyoRouter, VidyoRouter Cloud Edition, VidyoPanorama and VidyoMobile enjoy a "first mover advantage" in terms of a high quality solution at a reasonable price point, "clearly jettisoning Vidyo to a prominent position in the fast growing videoconferencing market." In addition to this award, the 2011 Best of Interop Award for Collaboration and several others, Vidyo is also the current winner of the Wall Street Journal Innovation Award for Networking, Internet and Broadband. Selected as the single winner in this category amongst all public and private companies, Vidyo was recognized by the Wall Street Journal for "technology that will create an economic disruption," impacting all three of these industries.
"The Frost & Sullivan Global Product Differentiation Excellence Award signifies that Vidyo has achieved what others in our industry have tried to do for decades -- Align the price and performance of natural video communications with user expectations and deliver telepresence quality over the Internet and wireless networks for the cost of VoIP infrastructure," said Ofer Shapiro, CEO and co-founder of Vidyo. "We are honored to be recognized for our accomplishments, and will continue to push hard to lead this market in technological innovation."
According to the Best Practices report, Vidyo's solution is well positioned to meet the current and future needs of enterprises, based on two significant trends in the market: Video is becoming more pervasive and a mainstream form of communication thanks to the success of consumer products that support the technology and the demand to tighten corporate travel budgets both for expense control as well as green initiatives. Additionally, the consumerization of IT has users demanding that their productivity and communication tools be available on their personal devices and leveraging existing hardware platforms such as tablets and standard server technologies. As a result, the desktop video market has huge potential for growth. Vidyo's Adaptive Video Layering(TM) architecture is a new and more scalable approach to video conferencing eliminating delay, freezing and audio video loss that plagues traditional video conferencing, without requiring expensive network upgrades and complex bandwidth management solutions, while providing an HD experience for mobile, desktop, room system and immersive telepresence users.
About Frost & Sullivan
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 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com .
About Vidyo, Inc.
Vidyo, Inc. pioneered Personal Telepresence enabling natural, HD multi-point videoconferences on tablets and smart phones, PCs and Macs, room systems, gateways that interoperate with H.323 and SIP endpoints, telepresence solutions and affordable cloud-based broadcast solutions. Learn more at www.vidyo.com , on the Blog or follow @vidyo on Twitter.
The VIDYO logo is a registered trademark of Vidyo, Inc., VIDYO and the trademarks of the VIDYO family of products are trademarks of Vidyo, Inc. and the other trademarks referenced herein are the property of their respective owners.
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