Video Guidance Realizes Double-Digit Growth in 2013
Increased demand for VG Connect’s cloud services is key to company’s achievements…and to industry’s future
BLOOMINGTON, Minn.--(BUSINESS WIRE)--Twin Cities-based Video Guidance, a leading strategic visual communications company, today reported that its booked sales in 2013 has increased 13 percent over year-end 2012.
“Our customers want easy-to-use, cost-effective video conferencing technology that they do not have to own, support or troubleshoot”
The privately held company attributes its continued growth to VG Connect™, Video Guidance’s industry-unique cloud-based service. VG Connect’s 2013 sales have risen 35 percent over 2012. VG Connect is an integration of video conferencing tools that combines desktop, mobile and room systems with HD video, voice, multi-point bridging, streaming and gateway programs into one secure service.
“Our customers want easy-to-use, cost-effective video conferencing technology that they do not have to own, support or troubleshoot,” said Michael Werch, president and CEO of Video Guidance. “They simply want us to manage everything, so the variety of cloud-based services we offer is expanding and the demand is escalating.”
Another key component of the company’s 2013 revenue growth is ONE CALL, Video Guidance’s managed service program. ONE CALL’s new sales have risen 13 percent over 2012. ONE CALL manages an organization’s infrastructure -- gateways, bridges, management systems and end points -- which integrates all of the company’s technology partners, including Cisco, Polycom and LifeSize.
In addition, sales generated from the company’s strategic marketing partners, which provide Video Guidance with greater geographic reach across the Upper Midwest, have risen 127 percent.
New strategic conferencing partners expected to boost 2014 sales
In the 4th quarter of 2013, Video Guidance was selected by two, newly formed, video conferencing software companies – Pexip and Acano -- to become their strategic conferencing channel partner. Pexip is a cloud-based conferencing software solution that provides personal meeting rooms for any number of users on video, voice and mobile. Acano’s new platform unites previously incompatible audio, video and web technologies in virtual team rooms.
These two spinoff companies are expected to disrupt and change the video conferencing industry, offering new unprecedented solutions for video conferencing on all devices. Selecting Video Guidance to become their partner further strengthens Video Guidance’s position as the largest video conferencing company in the upper Midwest marketplace.
”Today’s technologies have redefined our way of life, and the number of communication options available on virtually any kind of device is growing exponentially,” said Werch. “Our partnerships help to maximize our resources so we can offer more comprehensive collaboration and visual services to businesses and organizations.”
From video conferencing, to distance learning, to telemedicine, Video Guidance is helping its customers improve collaboration, accelerate decision-making, while providing expert on-demand and distance learning capabilities.
About Video Guidance
Founded in 1999, Video Guidance (www.videoguidance.com) is privately held and headquartered in Bloomington, Minn. Video Guidance is a certified partner of Cisco, Polycom, LifeSize, Acano and Pexip, and maintains strategic alliances with Conference Plus, On Stream Media Corporation and VQ Communications. For six consecutive years, Video Guidance has been named to the "Inc. 5,000" list of the nation's fastest growing private companies; one of the top privately held companies in Minnesota; one of the top 150 telecommunications companies in the nation; and one of the "50 Fastest Growing Privately Held Companies" in the Twin Cities by The Business Journal. The company was also named one of the “Best Companies to Work For” by Minnesota Business magazine, which also honored Video Guidance with its “2013 Leader in Health Care Award.”