Companies Boosting Web Conferencing Budgets Are Most Likely Buyers Of Webcasting,
IMS Study Says
Survey Results Highlight The Increasing Overlap Between Web Conferencing and Webcasting Applications in the Enterprise

Arlington, TX (February 6, 2004) - More than 60% of the companies that plan increases in Web Conferencing spending for 2004 also are planning to grow their budgets for Webcast deployments as well, according to survey results released today by Interactive Media Strategies.

The results presage a coming industry trend in which Web Conferencing firms will begin offering more multimedia-enhanced applications while Webcast vendors will begin to integrate more Web Conferencing capabilities into their systems, said Interactive Media Strategies Research Director Steve Vonder Haar.

"Over time, corporate users will not care whether they are using Web Conferencing or Webcasting," VonderHaar said. "Rather, they simply want access to software that helps them initiate a meeting or presentation forum that helps them get their message across in the most cost-effective manner possible."

Of the companies with plans to spend more on Webcasting in 2004, more than 80% plan to increase their spending on Web Conferencing as well. In comparison, 29% of all corporate executives surveyed by IMS are planning increases in 2004 Web Conferencing budgets. "The results suggest the emergence of a new breed of "Web Communicator,"" Vonder Haar said. "Some companies are aggressively investing in applications that help them deliver messages more effectively with less expense. Others are content to rely on their historical communications networks."

Interactive Media Strategies recommends that vendors begin integrating a broader set of application features, incorporating Web Conferencing and Webcasting on a single platform, to better appeal to the new class of Web Communicators. Such an effort will do more to spur new sales than expanding selling efforts in industries where companies have been slow to embrace Internet-based communications applications, Vonder Haar said.

The usage data comes from IMS' Enterprise Web Communications Survey, conducted in the Fourth Quarter of 2003. More than 1,200 survey participants were polled on their perceptions, individual use and deployment of audio Webcasting, video Webcasting and Web Conferencing technologies. Arlington, Texas-based Interactive Media Strategies, www.interactivemediastrategies.com, provides market research focusing on the ways that audio, video and other Web communications capabilities are being used for business purposes.

INTERACTIVE MEDIA STRATEGIES
Editorial Contact:
Steve Vonder Haar
(817)860-5121
svonder@interactivemediastrategies.com