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Frost & Sullivan estimates Telepresence industry will be worth £0.7 billion by 2013

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Frost & Sullivan estimates Telepresence industry will be worth £0.7 billion by 2013

Written by Rosaline Mills

Wednesday, 13 February 2008

Supporting the Telepresence World London event at Excel London on 18th-19th March, Frost & Sullivan reveals its predictions for the burgeoning Telepresence industry London: 13^th February, 2008 – In advance of Telepresence World 2008 London, (www.telepresenceworld.com), global growth consulting firm Frost & Sullivan predicts that the telepresence industry will grow from £74 million in 2007 to £0.7 billion worldwide by 2013, an increase of about 850%. These numbers include revenue sales of telepresence products and services. As a partner of Telepresence World 2008, Frost & Sullivan will be on hand to moderate many of the conference sessions, providing market leadership, perspective, and insight. In addition, Frost & Sullivan’s Global Program Director of Conferencing & Collaboration, Paul Waadevig, and Senior Industry Analyst and Programme Manager of Conferencing & Collaboration—ICT Europe, Dominic Dodd, will be featured speakers at the Conference.

According to Mr. Dodd, buyers find that despite the higher costs telepresence systems can quickly pay for themselves by cutting travel expenses and reducing executive ‘wear and tear’. "While video conferencing is now widely regarded as just another communications technology," says Mr. Dodd, "the in-built service capability that defines and differentiates telepresence seems to be creating a new-found enthusiasm among key decision-makers in organisations both large and small."

Telepresence World 2008 London, which will take place 18^th – 19^th March at the internationally acclaimed ExCel London Exhibition and Conference Centre located in the UK’s capital city, will give attendees a unique opportunity to experience telepresence technology via live demonstrations provided by the world’s top telepresence providers Teliris, Cisco, and Hewlett Packard. The Conference is the only place where attendees can compare state-of-the-art telepresence systems side by side, all under one roof and see for themselves how the technology can streamline their global operations. For further information of Telepresence World 2008 London, including additional conference content and registration logistics, please visit http://www.telepresenceworld.com. Diamond Sponsors of Telepresence World 2008 London include Teliris, Cisco, and HP. BT has joined as a Gold Sponsor and Network Sponsorship will be provided by Masergy Communications. The Interactive Media & Collaborative Communications Alliance (IMCCA) and the European Association of Healthcare IT Managers are Strategic Alliance partners. Organisational Supporters include the International Society of Presence Research (ISPR), Digital Content Forum (DCF), the Communications Management Association (CMA), the British Computer Society (BCS), and the Observatory on Borderless Higher Education (OBHE). Audio Visual (AV) Magazine, AV News, Connect World, CXO, Education Business, European CEO, Financial Sector Technology (FST), Government Technology, Health Business, Healthcare IT, New Media Age, Report Buyer, Total Telecom, and Videoconferencing Insight Newsletter are among a growing listing of Media Sponsors who have signed on to promote the event. Telepresence World 2008 London is presented in association with Frost & Sullivan and is a CarbonNeutral event. Additional major sponsor announcements will be released in the next few weeks; however partner and exhibitor opportunities are still available; please email This e-mail address is being protected from spam bots, you need JavaScript enabled to view it for details. For more information on Telepresence World events, see: http://www.telepresenceworld.com. To view “Telepresence in Action,” please visit http://www.telepresenceworld.tv ; and to find out more about telepresence, read the latest news, and participate in the global dialogue surrounding this fantastic technology, please join us at http://www.telepresenceworld.net. About Hemisphere Expo Services, Inc.Established in 1990, The Hemisphere Group has produced events throughout Asia, India, and the Americas. Their events portfolio includes conferences, seminars, and tradeshows on topics ranging from aerospace to finance. Known today as Hemisphere Expo Services, Inc., they provide expertise in the production and management of events relating to high-technology advancements. (http://www.HemisphereInc.com).

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