Vidyo Claims Another Record Year and Introduces New Products

By

Vidyo, Inc. was founded in 2005 on the premise that video communication should be simple, natural and as common as sending an e-mail. To this end, the company invested in technology that would make video conferencing without latency, error resiliency and firewall traversal when communication between two or more parties is taking place. By creating solutions that overcame these and other problems commonly associated with video conferencing, Vidyo was able to start capturing market shares in record numbers. Through service provider partnerships and sales to enterprise, government and health agencies, the company had another record year in 2012. The record revenue came through partners and resellers, which have expanded to 435 percent in the past year.

Some of the key figures responsible for the company’s growth in 2012 include a vertical growth by 77 percent in healthcare, 54 percent year-over-year growth in enterprise, new partners that have increased recurring revenue and opened new markets, 18 percent repeat sales and a growing international customer base which made up 51 percent of the company’s billing for 2012. Some of Vidyo’s partners and customers include Hitachi, Nintendo, Philips, HealthSpot, REACH Health, Rubbermaid Telemedicine and AMD Global Telemedicine.

The company’s growth can be attributed to the investment it makes in new technology, which has resulted in 25 patents being awarded last year.

Vidyo provides solutions that are easily adaptable for any organization, and it provides these services at lower prices than their competitors. The introduction of its new virtualized infrastructure gives large resellers and enterprises additional cost-saving measures by not having to make large investments in infrastructure and equipment. A new set of technologies from the company, including VidyoGateway and VidyoPortal Virtual Editions (VE), will give customers audio conferencing prices for HD video conferencing. The company expects the products to be available in the second quarter of this year.

As more and more companies start moving to cloud infrastructures in order to save money by not deploying expensive hardware-based equipment, virtualized architecture becomes the preferred choice for organizations searching for reliable video conferencing solution. The new Vidyo architecture gives customers the ability to be more flexible by running private cloud, public cloud, hybrid cloud or run their on-premises equipment.

 “Through virtualization, Vidyo enables mass deployment of its video communications and collaboration platform. We offer a video solution that supports any deployment model: premise-based, private cloud, public cloud or hybrid. Vidyo’s software licensing model further enhances the benefits of virtualization by allowing customers to take advantage of floating licenses and cascading,” said Amir Shaked, Vidyo’s senior VP of Product Management.




Edited by Rachel Ramsey
Get stories like this delivered straight to your inbox. [Free eNews Subscription]

TechZone360 Contributing Writer

SHARE THIS ARTICLE
Related Articles

ChatGPT Isn't Really AI: Here's Why

By: Contributing Writer    4/17/2024

ChatGPT is the biggest talking point in the world of AI, but is it actually artificial intelligence? Click here to find out the truth behind ChatGPT.

Read More

Revolutionizing Home Energy Management: The Partnership of Hub Controls and Four Square/TRE

By: Reece Loftus    4/16/2024

Through a recently announced partnership with manufacturer Four Square/TRE, Hub Controls is set to redefine the landscape of home energy management in…

Read More

4 Benefits of Time Tracking Software for Small Businesses

By: Contributing Writer    4/16/2024

Time tracking is invaluable for every business's success. It ensures teams and time are well managed. While you can do manual time tracking, it's time…

Read More

How the Terraform Registry Helps DevOps Teams Increase Efficiency

By: Contributing Writer    4/16/2024

A key component to HashiCorp's Terraform infrastructure-as-code (IaC) ecosystem, the Terraform Registry made it to the news in late 2023 when changes …

Read More

Nightmares, No More: New CanineAlert Device for Service Dogs Helps Reduce PTSD for Owners, Particularly Veterans

By: Alex Passett    4/11/2024

Canine Companions, a nonprofit organization that transforms the lives of veterans (and others) suffering PTSD with vigilant service dogs, has debuted …

Read More