ADVISORY/Can Businesses Operate without Flying? Sonexis Audio and Web Conferencing Executive Available for Comment.Business Editors ADVISORY... --(BUSINESS WIRE) Corporate travel continues to undergo extensive scrutiny, due to safety, personnel and budget concerns, further exacerbating ex·ac·er·bate tr.v. ex·ac·er·bat·ed, ex·ac·er·bat·ing, ex·ac·er·bates To increase the severity, violence, or bitterness of; aggravate: travelers who are now dealing with long delays and layovers as airlines announce flight cutbacks and cancellations. As a result, conferencing See teleconferencing. - a market that's expected to reach $13 billion according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. IDC- is increasingly being utilized as an immediate substitute to business travel. During times of global uncertainty, conferencing provides a practical meeting option to keep businesses running as usual. New conferencing technologies, like built-in options to present and share documents for remote review, are dramatically increasing the "collaborative value" of virtual meetings and enhancing business productivity by fostering quick, real-time decisions despite a disparate workforce. These benefits are predicted to outlast out·last tr.v. out·last·ed, out·last·ing, out·lasts To last longer than. outlast Verb to last longer than Verb 1. the initial spike in usage spurred by travel reductions. Ed Wadbrook, senior vice president at Sonexis Inc., a Boston, Mass.-based provider of an in-house, integrated audio and Web conferencing A videoconferencing session via the Internet. In order to interact with other participants, attendees use either a Web application or an application downloaded into their client machines. system, is available to discuss the conferencing market and trends in the marketplace as companies continue to move from initial interest to acceptance and enterprise-wide utilization. Media inquires should be directed to Lynne Ostrowski, lynne@sterlinghager.com, 617-393-4278. |
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