Polycom, Inc. (
, a leading provider of audio and video conferencing equipment
and related network infrastructure, is offering a software
extension. This will facilitate interoperability between Lync
2013, the latest application of
), and Polycom's popular platform, RealPresence.
The new software extensions to the Polycom RealPresence
Platform will provide Lync 2013 interoperability across Polycom's
full portfolio of video, voice and content sharing solutions
(inclusive of the new Polycom RealPresence Group Series,
executive desktop video systems, mobile video apps and other
The application will help customers to arrange video meetings
through video endpoints, making video calls simpler and free of
IT infrastructural support.
Recently, Polycom declared its fourth quarter 2012 results.
The company's bottom line missed the Zacks Consensus Estimate
whereas the top line surpassed the same. However, revenue for the
quarter declined by 8.6% year over year.
At present, Polycom is undergoing transition from
hardware-centric to cloud and software-centric business model.
The company has formed a consortium of open video exchange cloud
with 14 leading telecom service providers across the world.
Notable among them are
Verizon Communication Inc.
) and AT&T, Inc. This consortium will deliver
business-to-business (B2B) video conferencing through the cloud
The corporate video conferencing business is mainly dominated
). So, development of such a technology will help Polycom to
improve its revenue growth and retain its market position going
Currently, Polycom carries a Zacks Rank #3 (Hold).
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