Latest Telepresence and Visual Collaboration News:
Video conferencing, telepresence sales tank
Summary: Software and cloud-based video collaboration tools have opened up a big can of whoop ass on hardware-based video conferencing systems.
So much for all that video conferencing and telepresence as a collaboration panacea.
According to IDC, sales of video conferencing equipment in the first quarter fell 15.9 percent compared to a year ago. Global enterprise video equipment revenue in the first quarter was $473.5 million and units sold fell 6.2 percent from a year ago.
IDC called the results "dismal," but noted video is "a key component of collaboration." The issue with the first quarter video conferencing system sales is that the market is transitioning from hardware-focused approaches to software and cloud only.
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