Polycom Enhancing Communication and Collaboration of 74% of Forbes Asia Fab 50 Companies

Forbes Asia released their Fab 50 companies, which are considered the topnotch in their respective industries. And among the Forbes Asia Fab 50 companies, 74% of the companies in the list makes use of Polycom in their collaboration and connection efforts. In fact, it is claimed that Polycom is one of the reasons for these companies were able to increase their presence in their own industries.

In the 2012 list, 70% of the Forbes Asia Fab 50 are composed of Polycom customers. In the recent 2013 list, the number of the Unified Communications and Collaboration expert’s customers increased by 4%.

Published in the month of August of 2013, the Forbes Asia Fab 50 analyzed around 1,220 companies, which have at least a market capitalization or revenue value of $3 billion. And from that pool of more than a thousand of companies, Forbes Asia chose the top 50 companies. The listing is represented by companies from diverse industry combinations and regional spread of businesses. There are 22 new companies in this year’s list and besides the 11 Indian and 20 Chinese companies, other countries features in the listing are the following:

• Australia
• Hong Kong
• Indonesia
• Malaysia
• Philippines
• Singapore
• South Korea
• Taiwan
• Thailand

In the recent results, 11 of those companies are from the Asia Pacific companies and 37 out of those 50 companies are Polycom customers, which increased by 2 companies since the previous results. The increase of the number of Polycom customers in the Forbes Asia Fab 50 listing is said to be a reflection of the increase of use of video and voice collaboration solutions in the business domain. This is also the proof that the analysis conducted by Polycom and Wainhouse Research is truer than ever. With the results showing 94% of video collaboration users saying it increases productivity, it is not surprising to conclude that video collaboration solutions is an enterprise productivity tool.

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With the use of sector and industry-specific range of applications, video is used in companies for daily business operations and functions, including:

• Customer meetings
• Partner meetings
• Staff meetings
• Recruitment
• Training

One of the Polycom customers, which became part of the Forbes Asia Fab 50 list is the Dr. Reddy’s Laboratories, an Indian-based leading pharmaceutical company, which recently utilized video collaboration solutions in the company’s business operations. This includes functions of employees and executives in the operations of two of its major offices in:

• Hyderabad
• India
• Bridgewater
• New Jersey
• USA

Dr. Reddy’s Chief Technical Officer Atanu Roy said, “Our company’s global demand for instant communication across distances, particularly between R&D teams to make decisions quickly, meant that we required more effective and efficient ways to collaborate. With Polycom video, we are getting the most comprehensive UC infrastructure that meets our needs to deliver wide-scale communications across the company, enabling our research and technical teams to meet across any distance and collaborate securely and instantly for vital consultation and decision-making.”

In addition to that, Polycom Asia Pacific President Michael Alp said, “The continued prevalence of our customers in this year’s Asia Fab 50 list demonstrates the forward-thinking strategies they are employing to do business in the region and globally. Video collaboration is the new way of working in a mobile, social, and global world. Businesses are gaining their competitive advantage by building a strong unified communications and collaboration strategy that includes voice, video and content sharing.”

Along with the positive results of the published Forbes Asia Fab 50, Polycom also launched a guide for businesses in using video collaboration effectively called Polycom’s Guide to Collaborating across Borders. The guide will help the readers understand how international businesses work and also new resources for business leaders in achieving their goals more efficiently and quickly amidst the distance through the help of video collaboration.