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Frost & Sullivan rewards video conferencing industry disruption

Frost & Sullivan rewards video conferencing industry disruption
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Based on its recent analysis of the video conferencing market, Frost & Sullivan has recognised Pexip with the 2016 Global Frost & Sullivan Award for Technology Innovation.

Pexip’s solution is founded on an advanced, flexible, and differentiated video conferencing platform that helps organizations scale quickly and affordably, and efficiently connect people to create agile businesses. Pexip has become a successful disruptor and challenger to the collaboration incumbents.

“Acknowledging the rapid growth of the mobile workforce, the Pexip team is constantly looking to develop technologies that can scale efficiently and cost-effectively,” said Frost & Sullivan Industry Director of Conferencing and Collaboration Roopam Jain.

“The result of these efforts is Pexip Infinity, the company’s software-based virtual meeting and interoperability platform. It allows people to connect to virtual meetings using the communication tools of their choice, including Microsoft Skype for Business, traditional video conferencing, or WebRTC from any device without cumbersome user interaction.”

As a testament to the success of its technology, Pexip has won thousands of customers through a combination of its enterprise reseller channel and partnerships with more than 30 communication service providers (CSPs).

In 2015 alone, it more than doubled its accrued business selling annual subscriptions to its platform. Usage statistics are even more impressive.

At the end of 2015, Pexip customers used the Infinity platform at a rate of more than 100 million annual minutes, double the usage rate from a year prior.

In an era when most unified communications (UC) vendors and service providers tend to focus on their own solutions rather than on integration with others, Pexip has truly extended the value of its customers’ investments.

“In 2015, Pexip announced Fusion, a technology that enhances user experience when Microsoft Skype for Business or Lync users meet with standards-based videoconferencing users,” noted Jain.

“Pexip Fusion ensures that every individual participant benefits from the native client experience, irrespective of their platform of choice. For enterprises that have invested in both legacy video conferencing and Skype for Business or Lync, Pexip Fusion means better adoption rates, return on investment, and intuitive usage.”