WALLINGFORD, Conn. – June 13, 2011 – According to research released from the growth partnership company, Frost & Sullivan, enterprise IP video leader VBrick Systems captured the highest market share in the “global enterprise video webcasting solutions” industry in 2010. According to Frost & Sullivan, VBrick now maintains more than 15 percent of total market revenues in this rapidly growing market for software and hardware that enables companies to capture and stream video within the enterprise. This is largely due to VBrick’s end-to-end platform which offers users unparalleled simplicity in the creation, capture, delivery and management of video to be viewed on multiple devices and screens.
The report found that the enterprise video webcasting solutions market experienced double digit growth and measured well over $100 million in revenues in 2010. It is poised for continued and significant growth through 2017, due to the accelerated adoption of IP video as a business-critical communications application. According to Frost & Sullivan, the market is heating up because of enterprise video’s proven ability to project compelling messages among employees, customers, partners and stakeholders and to break down global communications barriers.
VBrick emerged as the leader in the global enterprise video webcasting solutions space after a thorough analysis of 12 major vendors and a comparison of their respective 2010 market shares. In addition to VBrick’s end-to-end solutions for optimized enterprise communication, Frost & Sullivan recognized VBrick’s close attention to customer interests and lauded the company’s global customer base and extensive partner network, which includes strong sales channel relationships around the globe and strategic alliances with industry leaders such as Microsoft (NASDAQ:MSFT) and HP (NYSE: HPQ) .
“The Market Share Leadership Award is a prestigious recognition of VBrick’s accomplishments in the Global Enterprise Video Webcasting Solutions market,” said Industry Analyst Aimee Roberts of Frost & Sullivan. “VBrick’s unique competitive perspective provides its worldwide, cross-industry customer base with products that optimize enterprise video communications and ensure customers achieve new levels of productivity and effectiveness.”