Software May Soon Be Powering Those Video Powwows

Videoconferencing has long been an expensive technology. While systems for connecting groups begin at a heady $40,000 per site, even simple gear that plugs into a desktop PC can start at a pricey $5,000. Why? The heart of these systems is dedicated compression hardware and software that squeezes video and audio signals onto a digital telephone line. To date, only about 30,000 of these systems have been sold to big corporations, according to market researchers.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.