“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.