Stay Informed. Stay Competitive with FREE Insights on the Stock Market, Dow 30 & Emerging Opportunities. Get Free Email Updates

Stay Competitive With Stock Market Updates!

Get Free Updates

Cisco To Upgrade Webex Video Meeting Software Catering +600 Million Participants

By John F. Heerdink, Jr.

As per reports, Cisco (CSCO) will update and enhance its Webex video meeting software with the addition of new features such as background noise cancellation and transcription service in 15 different languages. The meeting software currently caters to more than 600 million meeting participants almost double the number it recorded in March before the pandemic pushed a major shift to online meetings, learning, and events.

According to market research firm Facts & Factors, the global video conferencing market expected to reach $9.2 billion by 2027 from $4.8 billion in 2019.

“They’ve created a machine learning model…any background noise…can be detected and suppressed, and then speech actually gets amplified,” stated Jeetu Patel, Cisco’s general manager for security and applications business in a Reuters report.

With the acquisition of tech companies such as BabbleLabs, Cisco has been able to add features to Webex like the removal of background noise like a vacuum cleaner.

Recently, Cisco also added Slido to its list of buys to make the events platform more interactive engaging audiences with real-time feedback, dynamic polls, quizzes, word clouds, and surveys.

“We fundamentally believe that how people engage with large groups of people will change, and as a result, you will see us do more and more innovation in that space,” Patel added.

The company is also planning to build a platform with users to host a Webex events session with up to 25,000 fully participating attendees and adding up to 100,000 gradually.

Cisco Systems, Inc. (CSCO) is a global technology leader that designs, manufactures, and sells Internet Protocol-based networking and other communications technology. To learn more about Cisco Systems, Inc. (CSCO) and to continue to track its progress please visit the Vista Partners Cisco Systems, Inc. Coverage Page

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

Stay Informed! Stay Competitive! Please join us at Vista Partners and receive our FREE email updates throughout the week and view our exclusive content and research.

Post View Count : 175
(Read Original Story: Cisco revamps Webex, targets virtual events in Reuters)


YOUR GUIDE TO STAYING INFORMED IN THE MARKETS

Subscribe for FREE Email Updates & Access To EXCLUSIVE Research!

Connect with us