Cost Savings, Reservation-Less Services, and New Technology Offerings are Driving the Burgeoning Data and Audio Conferencing Markets
FreeConferenceCall.com Among Key Players Driving the Market Growth that Continues to Soar Over the Last Five Years
Long Beach, CA (November 13, 2006) –
Free Conferencing Corporation of America, the leading provider of FREE
one-to-many collaborative communications solutions, today announced it is part of
a new wave of growth in the data and audio conferencing markets. According to industry
research group Wainhouse Research, the global conferencing market (which
includes both data and audio conferencing tools) was estimated at $3.6 billion in
2001 and is predicted to grow to $9.8 billion by the end of 2006. A few reasons
for this significant growth, according to industry experts, include cost savings,
the introduction of reservation-less services, and new technologies that make it
even easier to host a teleconference.
Advancements in converged network technology has contributed
to declining prices and propelled the widespread use of conferencing to support
all types of business activities. According to Frost & Sullivan, these advancements
include migration to IP networks, an increased use of on-demand/reservation-less
conferencing, arrival of mobile conferencing integration with collaborative elements
such as presence detection and instant messaging (IM), and availability of browser-based
solutions and broad spectrum network management tools.
With organizations scaling back business travel in favor
of Web-based services, data conferencing has evolved into a cost-effective tool
to conduct business. Data conferencing is defined as a communication session in
which two or more participants are sharing computer-based data in real-time. In
conjunction with these data conferencing solutions, audio conferencing – voice-only
connection between three or more locations – plays a pivotal role as well.
Today, Free Conferencing Corp. is among a new breed of companies that offer inexpensive
conferencing tools, and some that are even free. As part of its services, it offers
a reservation-less system to further simplify the data conferencing experience.
FreeConferenceCall.com is one of Free Conferencing Corp.'s
high-quality, reservation-less conferencing services. The service is extremely easy
to use and ideal for companies and organizations, large and small, that need a reliable,
hassle-free tool to arrange teleconferences. Beyond this core service, Free Conferencing
Corp. offers more enhanced (free and paid) telephone and web-based collaboration
solutions.
“The advent of free conferencing is driving up the
usage of data conferencing solutions from vendors such as Citrix,” explained
David Erickson, founder, Free Conferencing Corporation of America. “In
tandem with these services, we are complementing data conferencing solutions with
large-scale free conferencing for up to 96 active participants and 1,000 in listen-only
mode in addition to complete online management, and the ability to combine toll
and toll-free calls.”
According to Mr. Erickson, Free Conferencing Corp. will
further extend its reach into data conferencing in Q1 2007 by offering an online
partner program solution that offers CRM (customer relationship management) capabilities
through seamless integration and private label branding of the free conferencing
services. This will include private labeling of the registration process and emails,
call greetings, and call detail reports.
Free Conferencing Corp. notices strong demand for integrated
teleconferencing services as companies of all sizes embrace these solutions to conduct
business, ranging from planning discussions and virtual sales meetings to investor
relations briefings. “As people utilize these services they quickly realize
the endless possibilities to leverage them for all aspects of their business,”
added Mr. Erickson.
About Free Conferencing Corporation of America
Free Conferencing Corporation of America, with headquarters in Long Beach, California,
is THE leading provider of FREE, one-to-many collaborative communications solutions. With more than 1.5 million users
per month and more joining daily, the company’s FreeConferenceCall.com flagship
solution offers a high-quality, reservation-less conferencing service that is extremely
easy to use. As further validation, more than 100 Fortune 500 companies are
presently optimizing FreeConferenceCall.com, including public sector agencies. Unlike
other competitive offerings from paid and non-paid audio conferencing services,
FreeConferenceCall.com’s pioneering all digital network is built on voice
routers versus analog-based conference bridges that can be prone to static and other
noise. FreeConferenceCall.com uses the PSTN (public switched
telephone network) to deliver unparalleled, high-quality
audio conferencing. For more information, visit
www.freeconferencecall.com or call
(844) 844-1322.
