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Polycom and Jive Announce Strategic Relationship to Bring HD Video Collaboration to Social Business
September 14, 2011 | Hogan Keyser
New Video Solutions Powered by Polycom Platform to Increase Productivity and Deliver Competitive Advantage for Businesses Running Jive
PALO ALTO, CA and PLEASANTON, CA, Sep 14, 2011 (Marketwire via Comtex)-- Polycom, Inc., the global leader in standards-based unified communications (UC), and Jive Software, a leading social business solution, today announced a strategic relationship to integrate Polycom HD video into Jive's social business platform. The new solution will transform how businesses engage and collaborate with customers, employees, and partners. The solution will allow Jive customers to conduct live video chats, including group video calls, as well as record video meetings or messages for archiving, training, and ongoing collaboration.
As consumers and knowledge workers rapidly adopt social business and video collaboration, seamlessly integrating the two technologies is addressing a clear market need. Video-enabled social platforms give people a powerful communication vehicle to more deeply engage with others in their social circles. Video collaboration promotes richer conversations, more effective discussions, faster decision-making, and improved creativity and brainstorming.
"Integrating social business with real-time video is the next logical step in significantly improving how enterprise users communicate, collaborate, and become more productive," said Sudhakar Ramakrishna, executive vice president and general manager of UC solutions and chief development officer, Polycom. "Together, Polycom and Jive will deliver a real-time HD video solution powered by the Polycom RealPresence Platform for social business that is incredibly easy to use and fulfills the growing demand for real-time workplace collaboration."
"Jive is excited to partner with Polycom to bring the latest innovation in video communications to our customers," said Chris Morace, senior vice president of Business Development, Jive. "This partnership is yet another step in our commitment to leverage the power of social to change the way business gets done in the enterprise."
The HD video offerings will be based on open standards to ensure interoperability with other business and communications applications. The planned offerings will enable users to make point-to-point and multi-point group video calls in real-time, as well as record meetings or video messages and archive them in the context of their group for others to retrieve and view at any time.
A technology demonstration of the Polycom and Jive Software HD video collaboration solution will be showcased at JiveWorld11 in Las Vegas, October 4-6, 2011.
About Social Business Social Business Software is a new way to engage employees, customers and the social web. Jive's Social Business software combines the power of community software, collaboration software, social networking software and social media monitoring offerings into an integrated platform. Just as social technologies have changed our personal lives, Social Business is changing how enterprises create competitive advantage.
About Polycom UC Solutions and Polycom RealPresence Platform Polycom UC solutions create a highly collaborative environment that significantly improves learning and engagement, as well as overall productivity and efficiency. Offerings include HD voice and video solutions for personal, mobile, group, and immersive telepresence experiences. Polycom helps companies of all sizes, in all industries, become high-performance workplaces where people collaborate on-demand between any location, over any network, with their device of choice.
The Polycom RealPresence Platform is the most comprehensive software infrastructure for universal video collaboration, and delivers the industry's only universal bridging software that supports up to 75,000 device registrations and 25,000 concurrent sessions. The platform includes universal video collaboration, video resource management, virtualization management, universal access and security, and video content management. With a broad ecosystem of partners, Polycom provides the most comprehensive, reliable, and scalable collaboration platform for managing and delivering UC solutions to employees, partners and suppliers -- on-premises or from the cloud.
About Polycom -- Polycom is the global leader in standards-based unified communications (UC) solutions for telepresence, video and voice powered by the Polycom RealPresence Platform. The RealPresence Platform interoperates with the broadest range of business, mobile and social applications and devices. More than 400,000 organizations trust Polycom solutions to collaborate and meet face to face from any location for more productive and effective engagement with colleagues, partners, customers and prospects. Polycom, together with its broad partner ecosystem, provides customers with the best TCO, scalability, and security -- on-premises, hosted or cloud delivered. Visit www.polycom.com or connect with Polycom on Twitter, Facebook, and LinkedIn.
About Jive -- The New Way to Business Jive is a leading Social Business company that brings social innovations from the consumer world into enterprises securely and at scale. Jive is funded by Sequoia Capital and Kleiner Perkins Caufield & Byers. For more information, visit www.jivesoftware.com .
This release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 regarding future events and future products, including statements regarding the future plans and product specifications with respect to the products to be jointly developed by Polycom and Jive under the strategic relationship. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including the development of further agreements and plans regarding the strategic relationship between the parties; the impact of competition on Polycom product sales and for Polycom customers and partners; the impact of increased competition due to consolidation in Polycom's industry or competition from companies that are larger or that have greater resources than Polycom; potential fluctuations in results and future growth rates; risks associated with general economic conditions and external market factors; the market acceptance of Polycom's products and changing market demands, including demands for differing technologies or product and services offerings; possible delays in the development, availability and shipment of new products, increasing costs and differing uses of capital; changes in key personnel that may cause disruption to the business; the impact of restructuring actions; and the impact of global conflicts that may adversely impact our business. Many of these risks and uncertainties are discussed in Polycom's Quarterly Report on Form 10-Q for the quarter ended June 30, 2011, and in other reports filed by Polycom with the SEC. Polycom disclaims any intent or obligations to update these forward-looking statements.
NOTE: The product plans, specifications, and descriptions herein are provided for information only and subject to change without notice, and are provided without warranty of any kind, express or implied. Each party reserves the right to modify future product plans at any time. Products and related specifications referenced herein are not guaranteed and will be delivered on a when and if available basis.
Copyright 2011 Polycom, Inc. All rights reserved. POLYCOM(R), the Polycom "Triangles" logo, and the names and marks associated with Polycom's products are trademarks and/or service marks of Polycom, Inc. and are registered and/or common law marks in the United States and various other countries. All other trademarks are property of their respective owners.
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