VideoConferencing Software enables hosting live video conferences between two ormore participants located in different locations with the help of computernetworks that transmit data (in the form of audio, video, or text).Thissoftware allows several organizations to operate efficiently by enabling peopleto work from home. Currently, video conferencing software is being used bybusinesses of all sizes to remain connected with their global partners andemployees. This software also helped increase productivity as well as reduce operationalcosts.
360Quadrantshas released a quadrant onBestVideo Conferencing Software to help businesses make quicker and moreinformed decisions for their business. Ranking Quadrants are generatedpost-analysis of companies (product portfolios and business strategies) andwill be updated every three months based on market and regional analyses anddevelopments in the best video conferencing software industry. 360Quadrantsconducts an in-depth SWOT analysis which helps service providers in learningabout new opportunities and areas where they lag behind their peers. It alsohelps clients in choosing the most appropriate vendor for their requirements.
CATEGORIZATIONOF VIDEO CONFERENCING SOFTWARE PROVIDERS
Company evaluation was conducted for 30+ companiesoffering bestvideo conferencing software services were evaluated, of which, 20 companieswere shortlisted and categorized on a quadrant under Visionary Leaders,Innovators, Dynamic Differentiators, and Emerging Leaders.
Zoom, Skype, Cisco,Microsoft, BlueJeans, TeamViewer, GoToMeeting, join.me, AdobeConnect, UberConference, Whereby, and Lifesize have been identified asVisionary Leaders, as they have established product portfolios and a robustmarket presence & business strategy. These vendors lead the Video Conferencing Software market byoffering highly customized and easily deployable software for their commercialclients, combined with their robust business strategies to achieve sustainedgrowth.
Amazon Chime, Bitrix24, Vidyo, and Fuze havebeen identified as Innovators, as these companies have innovative portfolios ofthe best Video Conferencing Software and the potential to build strong businessstrategies for growth in order to be at par with the market leaders. Thesevendors have been providing the best Video Conferencing Software offerings asper customer demands.
Oovoo and Rocket.chat havebeen identified as Emerging Players in the best Video Conferencing Softwaremarket. These companies specialize in offering highly niche and personalizedsolutions & services to their clients and have also focused on makingacquisitions and improving their sales abilities in numerous regions with anaim to offer their integrated services to a wider range of clients.
Spike and Gruveo havebeen recognized as Dynamic Differentiators, as they have strong portfolios ofthe best Video Conferencing Software solutions& services and also have a widespread network of channel partners andresellers to upsurge the deployment of their services across various verticalmarkets.
The 360Quadrants platform provides the most granularVideo Conferencing Software comparisons between vendors.
360Quadrants conducts an in-depth SWOT analysis andaccurately analyzes the companies considered for evaluation. This helps serviceproviders learn about new opportunities and areas where they lag behind theirpeers. It also helps clients choose the most appropriate vendors for theirrequirements.
360Quadrants Company Evaluation Methodology
Topcompanies in the Video ConferencingSoftware market will be rated using the following methodology:
1) A highly experienced team ofresearchers and senior analysts conducts extensive research to generate a listof vendors (competitors).
2) A patent-pending algorithm is used to collect inputs from keystakeholders—industry experts, buyers, vendors, and 360Quadrants analysts—basedon criteria for Product Maturityand Company Maturity.
a. Criteria underProduct Maturity include breadth and depth of product/service offering,product features and functionalities,product differentiation, and their impact on customer value.
b. Criteria under Company Maturity include geographicalfootprint, partner ecosystem, financial stability, and client coverage, or sector footprint.
3) Approximately 20+ in-depth parameters will beconsidered for research for the Video Conferencing Software market. These parameters will be updated every six months to ensure thelatest developments are taken into consideration.
4) A weight is assigned to each stakeholder based on information gatheredpertaining to the above criteria as well as inputs from stakeholders. Theseinputs follow the order of priority given below:
a. Buyers
b. IndustryExperts
c. 360QuadrantsAnalysts
d. Vendors(Competitors)
5) The inputs are analyzed, and a final rating is assigned to each vendor(competitor).
6) After the finalization of ratings, each vendor is placed in the mostrelevant quadrant based on itsscore.
About 360Quadrants
360Quadrants is the largest marketplace looking to disrupt USD3.7 trillion oftechnology spends and is the only rating platform for vendors in the technologyspace. The platform provides users access to unbiased information that helpsthem make qualified business decisions. The platform facilitates deeperinsight using direct engagement with 650+ industry experts and analysts andallows buyers to discuss their requirements with 7500 vendors. Companiesget to win ideal new customers, customize their quadrants, decide key parameters,and position themselves strategically in a niche space, to be consumed bygiants and startups alike. Experts get to grow their brand and increase theirthought leadership. The platform targets the building of a social network thatlinks industry experts with companies worldwide.
360Quadrants will also be launching quadrants in fieldslike Video Surveillance Systems, Embedded Systems, and Virtual Machine Software.
Contact:
Mr. Agney Sugla
agney@marketsandmarkets.com
630Dundee Road, Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
