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Polycom Recognized by Frost & Sullivan as Enterprise Video Vendor of the Year in Asia Pacific for Third Consecutive Year
July 9, 2012 | William Zimmerman
SINGAPORE, Jul 09, 2012 (BUSINESS WIRE) -- Polycom, Inc., the global leader in open standards-based unified communications, has been named as Enterprise Video Vendor of the Year at the 9th annual 2012 Frost & Sullivan Asia Pacific ICT Awards, held in Singapore in June. The event recognizes the best in the Asia Pacific ICT industry and marks the third consecutive year Polycom has received the prestigious award.
Polycom was among 30 award recipients chosen in four categories: Enterprise Vendor, Telecom Vendor, Service Provider, and Best of the Best. Recipients were chosen by a panel of independent judges comprising influential personalities and leaders in the Asia Pacific ICT industry based on selection criteria including revenue growth and market share, in addition to demonstrated leadership in new product introduction and innovation, breadth of products and solutions, and major customer acquisitions.
"Polycom had a record year of growth in 2011, marking consistent and sustained periods of growth for the company in the Asia Pacific region for the past couple of years, cementing its position as a market leader in video collaboration in the region. The company offers compelling video collaboration solutions to customers in various industry sectors including government, public sector, banking and finance as well as emerging sectors such as education," said Pranabesh Nath, Research Manager, Enterprise Communications, Frost & Sullivan.
Mr. Nath continued, "There has been a significant increase in interest in the region on tighter integration of enterprise video solutions with the larger enterprise communications infrastructure, as well as the need for better interoperability. Polycom's solutions have delivered on both counts and this has made it possible for them to consistently outgrow its competitors in a growing market."
"We are proud to be the recipient of this award for the third consecutive year. It has been an exciting time for the industry, as video collaboration is truly becoming mission critical and changing the way people work, create, learn, govern and even help save lives," said Hansjoerg Wagner, President, Asia Pacific, China, Caribbean and Latin America, Polycom. "Polycom's vision is to make video collaboration ubiquitous, and we're delivering on that vision by creating software-based innovations for mobile, social, and cloud platforms, and working with nearly 7,000 partners to drive interoperability and extend the reach of video."
Mr. Wagner added: "This award reinforces Polycom's commitment to delivering the most innovative and best-in-class video collaboration solutions to customers across Asia Pacific."
Polycom(R) RealPresence(R) video solutions are available for tablets, smartphones and laptops, as well as executive desktops, room-based environments and immersive theatres. Polycom video collaboration solutions are powered by the Polycom(R) RealPresence(R) Platform, the most comprehensive software infrastructure for universal HD video collaboration. The unique open-standards approach of the RealPresence Platform ensures interoperability with hundreds of UC, business, and social networking applications, bridging silos, and truly unifying communications across the enterprise.
This latest accolade adds to the Frost & Sullivan awards Polycom has already won this year in India for Video Conferencing Equipment Vendor of the Year; in Japan for the 2012 Frost & Sullivan Japan Market Share Leadership Award for Enterprise Video and in Korea for 2012 Frost & Sullivan South Korea Market Share Leadership Award for Video Conferencing Endpoints and Infrastructure.
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 over 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from over 40 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com
Polycom is the global leader in open standards-based unified communications (UC) solutions for telepresence, video, and voice powered by the Polycom(R) RealPresence(R) 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, specialists, and prospects. Polycom, together with its broad partner ecosystem, provides customers with the best total cost of ownership, interoperability, scalability, and security for video collaboration, whether on-premises, hosted, or cloud-delivered. Visit www.polycom.com or connect with Polycom on Twitter, Facebook, and LinkedIn.
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 demand for our products, including statements regarding the expected future growth of the UC market in Asia Pacific, Polycom's vision to make video collaboration ubiquitous and its commitment to delivering the most innovative and best-in-class video collaboration solutions. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including the impact of competition on our product sales and for our customers and partners, particularly in Asia Pacific, the impact of increased competition due to consolidation in our industry or competition from companies that are larger or that have greater resources than we do, 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, and possible delays in the development, availability and shipment of new product offerings.. Many of these risks and uncertainties are discussed in the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2012, and in other reports filed by Polycom with the SEC. Polycom disclaims any intent or obligations to update these forward-looking statements.
(C) 2012 Polycom, Inc. All rights reserved. POLYCOM(R), the Polycom 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.
SOURCE: Polycom, Inc.
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