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The Company is a global provider of communication technologies-based solutions that automate, simplify and improve communication-centric business processes.
I work in this industryWhen oil goes up, more people / companies try to save money by holding travel freezes and use audio, web and video conferencing to replace travel. Want to bet oil goes back up with China and India growing? In tough economic times, companies have travel freezes and conferencing benefits.Web conferencing is established in the US and Europe but growing big time in APACWith financial turmoil in the markets, companies are coming out of the word work and hosting record large event calls.Intercall, the largest conferencing provider in the world had a record year last year but they are owned by a private holding firm so Premiere is the next best investment.Does anyone see an upside with them just entering China and India.Regardless, conferencing does better in hard economic times so this is a sure bet.One other aspect, conferencing will help companies go green and cut carbon emissions by holding virtual meetings. In some parts of the world, companies will have to buy carbon credits to offset their pollution - conferencing is an alternative for them.
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