Contact Information: Cisco Press Contact: Jacqueline Pigliucci Cisco (408) 853-6389 jpigliuc@cisco.com Industry Analyst Contact: Ron Davis Cisco (408) 526-8803 ronadavi@cisco.com Investor Relations Contact: Matt Tractenberg Cisco (408) 525-3170 matthew2@cisco.com
SAN JOSE, CA--(Marketwire - April 21, 2008) - Today, Cisco (NASDAQ : CSCO ) announced that it
has achieved a major milestone in the adoption of Cisco® TelePresence
with more than 500 units ordered since the solution's introduction 18
months ago. Customer adoption has made Cisco's high-definition virtual
meeting environment the global leader in the fast-growing telepresence
market. This innovative solution, part of Cisco's Unified Communications
portfolio, facilitates faster decision making across the business value
chain of suppliers, partners and customers. Cisco TelePresence can help
companies shorten sales and product-development cycles, while improving
operational efficiencies and supporting environmentally responsible
business practices.
"The telepresence market has demonstrated exceptional growth in recent
quarters," said Ira Weinstein, analyst and partner at Wainhouse Research.
"Unlike traditional videoconferencing, telepresence provides a life-like,
in-person meeting experience without the need to travel. With 500 units
ordered in just 18 months, Cisco TelePresence is certainly the unit sales
leader in this fast growing market segment."
Introduced to the market in October 2006, Cisco TelePresence has become the
company's fastest-growing emerging technology, with more than 100 customers
globally. With the 500 ordered units, the vast majority of which have
already been deployed at customer sites, internal deployments and
philanthropic systems, the Cisco TelePresence footprint will be over 750
units globally.
The Cisco TelePresence solution portfolio continues to grow with the
addition of innovations such as intercompany
communications for Cisco TelePresence, call encryption integrated into
the Cisco Unified Communications system, "one button to
push" capabilities using Lotus Notes and expanded multi-point
capabilities with support for up to 96 participants.
"When we launched Cisco TelePresence and helped establish a new category in
communications and collaboration, we were excited about the possibilities
that this innovative technology would bring to the business world," said
Charles Stucki, vice president and general manager of the Cisco
TelePresence Systems Business Unit. "Today, with the rapid adoption we're
seeing in this market, we're looking at the next evolution of telepresence
technology and look forward to making a significant impact on business
operations, the environment and the ease with which people connect with
each other."
Throughout the company's worldwide operations, Cisco has so far deployed
more than 200 Cisco TelePresence rooms in more than 29 countries and 95
cities worldwide. With usage averaging five hours per day per room,
compared to traditional video conferencing, which is typically used less
than 30 minutes per day per endpoint, Cisco estimates it has saved more
than $60 million in productivity improvements.
Cisco's vision for collaboration uses the network as a platform to deliver
a unified workspace across devices, operating systems, wired and wireless
networks, and business applications so that customers can have a seamless
collaborative experience every time and everywhere they have a network
connection.
Find More Information Online:
Web Site Links:
Cisco Web Site
Cisco TelePresence
Cisco Unified Communications
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