Rising Demand For Video
Demand for video is hot once again, says Vidyo CEO Eran Westman, as businesses seek to embed enterprise-grade videoconferencing capabilities into applications, Internet of Things devices and even drones.
"Video-embedded solutions are becoming very crucial to a wide audience," said Westman in an interview with CRN. "You see it on the consumer side with things like Snapchat and FaceTime, and now people want to bring video to work and into their business process."
Solution providers should ride the video wave to capitalize in fast-growing markets like video Platform-as-a-Service, he said. That market is expected to grow in the U.S. from $44 million this year to $1.7 billion in 2020, according to research firm IDC.