Opportunities for Vidyo in the Land of the Sleeping Giant

With the rise of access to the Internet across the vastly populated regions of China, the potential strategic market opportunities in this country are enormous. According to the Harvest Business Review, “The size of the Chinese Internet is staggering. There are almost 600 million Internet users in China now, more than in any country in the world — next highest is the U.S, with 254 million. That’s just 44% of the Chinese population compared to 81% in the U.S., so this gap will continue to grow.” China is also the third largest country in total area behind Russia and Canada and very similar to the United States.

It’s no wonder business leaders around the world are investing in China. Its emerging economy and potential to lead technological innovation provides further reason why the country is known as “the land of the sleeping giant.”

Vidyo_Media-Briefing11-590x362

Over the years, Vidyo has been cultivating strategic relationships with business partners and resellers in China and throughout the Asia Pacific region to promote and distribute its solutions. Demand for scalable, affordable, and high-quality video conferencing is on the rise, and we are very excited to be at the cutting edge. Vidyo recently completed a series of product tours across APAC – from Hong Kong to Korea and Japan – that introduced the company’s latest VidyoConferencing™ innovations.  The product tours concluded with a media event in Beijing with 12 top-tier business and technology journalists. The event featured demonstrations of Vidyo’s new innovations including VidyoRemote™, VidyoSlate™, content collaboration app, VidyoDesktop™3.0, VidyoMobile™ and a new room system with a simpler, intuitive user interface and better performance.

In addition to the “buzz” created by the product tours and media event, Vidyo also announced that Hong Kong’s MTR Corporation deployed the VidyoWorks™ platform to power collaboration and communications for internal meetings among its globally dispersed offices—achieving concurrent multi-point video conferencing between MTR’s headquarters in Hong Kong, and offices in other cities including Beijing, Shenzhen, Hangzhou, Melbourne, London and Stockholm. Based in Hong Kong, MTR is regarded as one of the world’s leading railways for safety, reliability, customer service and cost efficiency. From its starting base, the corporation has expanded into the Mainland of China and taken on a range of railway-related projects and consultancies internationally.

Vidyo_Media-Briefing21-590x406

And topping off all of this exciting news from the Asia Pacific region is the fact that Vidyo has been  recently recognized as the recipient of the 2013 Frost & Sullivan Asia Pacific Growth Excellence Award for Desktop Video Collaboration Market. Frost & Sullivan cites that Vidyo’s continued growth in China is a testament to its innovative software platform – opening new markets with applications that address the business needs of customers. Vidyo is outpacing the market with its exceptional quality and affordable video conferencing solutions that deliver superior value and scalability. There is no doubt, we are expanding our leadership position by continuing to deliver innovative solutions to our customers in Asia Pacific.

It is always gratifying to gain continued recognition such as this.  We are honored to hear the praises of media and analysts that the VidyoWorks™ platform is readily able to scale to the challenges of China’s thriving market. Our continued positive reception in APAC reinforces that Vidyo is one of the best video conferencing solutions for global enterprise collaboration and communication.

For more information: www.vidyo.com.

###

Vidyo_William-Yu-150x150William Yu is Vice President of Sales, Asia Pacific at Vidyo. William joins Vidyo with over 17 years of video conferencing experience with Lifesize, Polycom and PictureTel. Prior to joining Vidyo, William was with Lifesize Communications, where he was the Director of Sales for APAC and built their channels and sales organization covering 14 countries in the region. William was also the Director of Asia Pacific Sales for Polycom, where he led their expansion into the video conferencing market, and the Regional Technical Manager for PictureTel Asia.

William received his Bachelors and Masters degrees in Electrical Engineering from Columbia University. William is based in Hong Kong.