Techno-News Blog Ray Schroeder, editor, OTEL - University of Illinois at Springfield

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Bobby Approved (v 3.2)
Wednesday, April 17, 2002

http://www.frost.com/prod/corpnews.nsf/0/3CEA2AE599C7B8B286256B90007278AB

Web Conferencing Market Finds Successful Niche as Business Travel Alternative

SAN ANTONIO -- April 3, 2002 -- While September's terrorist attacks sent the economy into a temporary tailspin, web conferencing markets received a sudden boost as companies slashed budgets and sought alternatives to business travel. New analysis from Frost & Sullivan (www.frost.com), World Web Conferencing Market, reveals that this industry generated revenues of $266 million in 2001 and is projected to surge to more than $2 billion by 2008....

 


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