News

Polycom reports strong figures for Q4

Polycom has reported growth for the fourth quarter across all its major product categories.

The global leader in open standards-based Unified Communication and Collaboration (UC&C), posted profits across personal devices, group systems, and its unified communications platform, reported zdnet.com

The video conference giants said that consolidated net revenues for the fourth quarter were $353 million (£222.9 million).

CEO, Andy Miller said: “Polycom has executed very well, demonstrating clear product leadership during the UC&C transition in 2012. We are excited to begin 2013 with what we believe is the most comprehensive product portfolio in the industry and improved sales and go-to-market capabilities that enable new business models for collaboration, including software, cloud-delivered video, and virtualization.”

The company, which offers products ranging from server software to complete telepresence suites, highlighted the introduction of new technologies such as RealPresence, VisualEdge and CloudAXIS Suite. Undoubtedly, these will have helped to play a role in the sequential growth figures.

Europe, Middle East, and Africa (EMEA), saw the largest growth of $93.4 million, an increase of 19 per cent, reported marketwatch.com. The emerging markets continued to outpace the US side of the business. Asia-Pacific sales were up 42 per cent on the previous quarter.

Operating expenses for the quarter totalled $202.28 million, up from $194.55 million the previous year.