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Polycom achieves record growth

Staff Writer
By Staff Writer, ITWeb
Johannesburg, 05 Mar 2009

Polycom, the global telepresence, video and voice communications solutions provider, has achieved the highest reported market growth for revenue in 'Group Videoconferencing' in the EMEA region for 2008, according to Wainhouse Research, an independent analyst firm.

The company has trumped all vendors, with 32% market growth, and grew above market average for revenue and units sold compared to 2007.

“2008 was a comeback year for Polycom in EMEA,” says Andrew Davis, partner at Wainhouse Research, an independent analyst firm that has tracked the videoconferencing industry for over a decade. “During this period, Polycom not only outgrew the overall market, but also gained market share both in EMEA and worldwide for videoconferencing endpoint revenue and units,” Davis adds.

“Polycom coming out first for the highest market growth for revenue in 2008 in EMEA and also increasing our overall market share - according to respected industry analyst firm Wainhouse - makes us proud,” says Steve Leyland, VP EMEA. “Due to our improved product range and great partners across the region, we were able to grow above market average and further strengthen our position in the marketplace.”

In this tough economic environment, Leyland says CEOs are trying to figure out how to reduce and contain costs, but that HD video and telepresence is an easy answer. “Our broad range of HD video and telepresence solutions provides customers with a rapid return on investment, quickly showing real cash savings,” he concludes.

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