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Virtual Meetings Replacing Face to Face Meetings in UK Businesses

4 July 2006 – Face to face meetings no longer dominate our working lives and have been replaced by virtual meetings in companies across the UK, according to independent research amongst 3,000 IT managers conducted by Vanson Bourne, commissioned by storage, voice and networking distributor, Zycko.

69% of respondents across all industries frequently use either voice or video conferencing in their work. The financial services sector is the most frequent user (68%), however, 65% of IT managers in manufacturing and 56% working in retail, distribution and transport industries also claim to frequently use the technology. Only 9% of companies questioned have never attended a virtual meeting.

“UK business executives are fed up of wasting money and time travelling to meetings. Advances in technology, such as the advent of virtual whiteboards and improved call quality have encouraged companies across the UK to adopt virtual meetings. They are benefiting from faster decision making, greater collaboration with global colleagues, increased employee productivity, money savings, as well as the knowledge they are reducing the environmental impact of carbon emissions through less air travel,” commented Phil Marshman, director of VoIP at Zycko.

The survey revealed that 57% of IT managers are reviewing their voice and data requirements in 2006 and that 73% would embrace IP convergence to reduce business operational costs.

“With so many IT managers moving towards convergence this year, the adoption of Voice over IP and video conferencing will further revolutionise virtual meetings. Companies are already using these technologies to talk to colleagues around the world through the internet, collaborate on presentations or review documents and even conduct sales or employee training. The money and time savings benefits are clear and we are confident that this market will continue to grow,” concluded Marshman.

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Media enquires:

Kathryn Hughes/Peter Fitzpatrick
hbl media
Tel: +44 (0)20 7612 1830
Email: kathryn@hblmedia.com / peter@hblmedia.com

Notes to Editors:

About Zycko

Zycko is a value-add distributor of best of breed IT infrastructure solutions - from corporate networks to open-system storage architectures to unified communications - through a channel of resellers, systems integrators and service providers.

Zycko is privately held and has been profitable since inception in 2000, when the company’s original charter was to market data networking accessories to resellers as a wholesale distributor. Zycko now employs over 150 staff, serving over 3000 resellers around the world from six offices on three continents. The company enjoys an annual turnover of more than $100m.

Zycko’s provision of cost-effective IT products and logistics management is supported by vital industry services such as technical support, custom configuration, training and marketing support. These combined factors make Zycko the channel partner of choice.

Zycko’s strategic partner base includes world-class companies such as Agilent, CommVault, Edgewater, Hitachi Data Systems, Huawei, LineUp, MGE, Polycom, Riverbed, and StoreAge.

For more information visit www.zycko.com