This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Polycom's New Portfolio Of Next-generation Video Collaboration Endpoints Features A Completely Redesigned UI That Delivers A Simple And Intuitive User Experience. (Graphic: Business Wire)

Stocks in this article: PLCM

Polycom, Inc. (Nasdaq: PLCM), the global leader in open standards-based unified communications (UC), today announced breakthrough solutions that are designed to transform the industry, accelerate mass adoption of video collaboration, and fuel new growth opportunities for the company in both existing and new markets. Polycom expects the market to grow to nearly $12 billion in 2015, at a 16% CAGR (Compound Annual Growth Rate).

Today’s announcements are the culmination of over two years of R&D efforts focused on augmenting Polycom’s portfolio and removing the impediments to video adoption by making video collaboration easier to use and manage, universally accessible, more scalable at a lower cost, more affordable for small to medium-size enterprises, more interoperable, and more sleek and powerful for business users on their desktop. As part of today’s announcements, Polycom unveiled Polycom® RealPresence® CloudAXIS™ Suite, a new extension to the Polycom® RealPresence® Platform, which lets customers extend enterprise-grade video collaboration to users of Skype®, Facebook®, Google Talk™, and other business video applications via a browser, for B2B and B2C video conferencing with the highest quality, reliability and security.

Polycom executives, including CEO Andy Miller, are hosting a Polycom Strategy Day for analysts today at the NASDAQ MarketSite in New York City, to discuss these breakthrough solutions and share Polycom’s vision and long-term strategy ( click here to watch the live webcast at 10 a.m. ET).

“Our passion at Polycom is to make video collaboration simple to use and available to everyone. Today, we are introducing breakthrough solutions that we believe take ease of use and universal access to exciting new levels, while extending and protecting investments customers have made in Polycom’s interoperable, open standards-based platform and solutions,” said Andy Miller, CEO, Polycom. “We believe this launch of next-generation video solutions will set a new industry standard for best user experience for both end users and IT administrators, and will also provide a seamless and extensible path for customers to fully video-enable their organizations. We also believe these new solutions will significantly expand our addressable market opportunity and accelerate growth for Polycom and our partners, within our installed base, and from new market opportunities within small-to-medium enterprises, and through new OEM distribution models.”

1 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,164.95 -251.90 -1.45%
S&P 500 1,994.99 -26.26 -1.30%
NASDAQ 4,635.24 -48.1670 -1.03%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs