SOURCE: Glowpoint
Global Private Investment Firm Utilizes Video Conferencing to Minimize Travel Costs for International Meetings
HILLSIDE, NJ--(eMediaWorld - February 4, 2010) - Glowpoint, Inc. (
Glowpoint originally implemented services for the firm in 2007, with an initial deployment of three sites in the U.S. Since then, the company has added more sites in the U.S. and in Western Europe, in cities such as London and Paris.
Benefits of Glowpoint's managed services for the firm include:
- Reduced Travel -- Minimizes the cost and time lost from flights abroad, while also reducing company's carbon footprint
- Increased Productivity -- Enables on-demand, impromptu collaboration globally between managing directors and executive partners
- Minimized Capital Outlay -- Lowers total cost of ownership for infrastructure
Glowpoint President and Co-CEO Joseph Laezza said, "Our client's expansion validates the value proposition of Glowpoint as an everyday communications tool. In addition, Glowpoint's 'in the cloud' managed services eliminate the extraordinary challenge and expense of purchasing and managing a video infrastructure, allowing the firm to focus on their primary mission of managing capital for their customers."
The firm, whose name is kept confidential due to its policies, handles a family of funds that include venture capital, distressed debt, private equity, and public equities.
Laezza also mentioned that, "the financial services sector represents more than eleven percent of Glowpoint's revenues, and the demand from this community continues to be strong. Given Glowpoint's expertise and experience related to this vertical market, our company will continue to aggressively expand its footprint in the financial sector in 2010."
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About Glowpoint
Glowpoint, Inc. (
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MEDIA CONTACT: Jonathan Brust Glowpoint, Inc. (312) 235-3888, ext. 2052 www.glowpoint.com |
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