Frost & Sullivan: Online Collaboration - the New Renewable Resource in Business

LONDON -

- Frost & Sullivan to Host Analyst Briefing on European Online Collaboration Market on Thursday, 20 August 2009, at 15.00 BST

Online collaboration is proving to be an effective way for businesses to save time and money on travel, while maintaining high level of productivity. The arising trend indicates that companies who discovered the advantages of online collaboration are unlikely to return to old ways of conducting business when the economic conditions improve. In addition, collaborating on the web improves the ‘green’ image of companies, as more firms are looking into ways to reduce the usage of limited resources, and are striving to become environmentally conscious.

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Frost & Sullivan will host a live briefing on Thursday, 20 August 2009, to provide industry participants with an overview of the European Online Collaboration Market.

“Our research shows that during the economic downturn companies are using online collaboration to help them cut costs and overcome the recession. We are also observing that as businesses come out of the slump and their budgets become less stringent, they are going to continue investing in online collaboration solutions and will not drop their practices and go back to holding face-to-face meeting on regular basis,” says Iwona Petruczynik, Research Analyst for Enterprise communication and Collaboration at Frost & Sullivan. “The ‘green factor’ also plays an important role in the adoption of the online collaboration services among businesses, as more companies want to be perceived as environment- conscious,” adds Petruczynik.

Highlights of the briefing include an overview of online collaboration market in Europe, drivers and restraints, as well as key market trends.

This briefing will benefit web conferencing solutions providers, conferencing and collaboration vendors, as well as social networking solution providers by discussing how web conferencing can be profitable in the work environment.

To participate in the briefing, please email Joanna Lewandowska at joanna.lewandowska@frost.com with the following information: your full name, company name, title, telephone number, e-mail, address, city, state and country. Upon receipt of the above information, a registration link will be e-mailed to you. You may also register to receive a recorded version of the briefing at anytime by submitting the aforementioned contact details.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company’s Growth Partnership Service provides the CEO and the CEO’s Growth Team with disciplined research and best practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 35 offices on six continents. To join our Growth Partnership, please visit www.frost.com.

CONTACT: Joanna Lewandowska Corporate Communications P: +48-22-390-41-46 E: joanna.lewandowska@frost.com www.frost.com

Source: Frost & Sullivan

Joanna Lewandowska of Frost & Sullivan Corporate Communications, +48-22-390-41-46, joanna.lewandowska at frost.com / Logo: https://www.newscom.com/cgi-bin/prnh/20081117/FSLOGO