Tuesday, November 05, 2013 03:57 PM IST (10:27 AM GMT)
Editors: General: People; Business: Business services, Information technology, Media & entertainment, Telecommunications; Technology
Polycom® Chosen by Seventy-Four Per Cent of Forbes Asia Fab 50 Companies to Enhance Communication and Collaboration

New Delhi, Delhi, India, Tuesday, November 05, 2013 — (Business Wire India) — — Polycom increases presence amongst top ranked companies in Asia, moving from 70 to 74 per cent on Forbes Asia Fab 50 list

— India-based Dr. Reddy’s Laboratories, a Forbes Asia Fab 50 company, demonstrates competitive advantages enabled by video collaboration

This year’s prestigious Forbes Asia Fab 50 listing shows an increase in the number of top Asian companies using Polycom voice and video collaboration solutions for more effective collaboration. As the global leader in open, standards-based unified communications and collaboration (UC&C), Polycom now counts 74 per cent of the companies listed amongst its customers; an increase from 70 per cent of Forbes’ 2012 list.

Published in August, The Asia Fab 50 now in its ninth year is created by Forbes through analysis of a pool of 1,220 companies with at least $3 billion in revenue or market capitalisation. This year’s list features 50 companies based in 11 Asia Pacific countries, and of these 37 are Polycom customers. This figure has increased from last year’s list that featured 35 Polycom customers. The rise also reflects the recent analysis presented by Wainhouse Research and Polycom that shows the use of video conferencing as an enterprise productivity tool is growing, with 94 per cent of video users saying that video collaboration increases productivity.

Twenty-two new companies made it onto this year’s Forbes list and of the total 50 named, a regional spread of businesses are represented. Chinese companies dominate the overall list with 20 whilst 11 Indian companies are included. The other countries featured are Australia, Hong Kong, Indonesia, Malaysia, Philippines, Singapore, South Korea, Taiwan and Thailand.

A diverse combination of industries is represented by the companies listed reflecting that the uptake of video as a tool for collaboration transcends the business spectrum. Video is used to support day-to-day business functions such as staff, partner and customer meetings, training and recruitment, as well as a wide range of applications specific to company sectors and industries.

One Polycom customer featured in the Forbes Asia Fab 50 list this year is leading India-based global pharmaceutical company, Dr. Reddy’s Laboratories. The company recently deployed several video-based solutions to improve its business processes. This includes enabling executives and employees across two major corporate offices in Hyderabad, India, and Bridgewater, New Jersey, USA to collaborate face-to-face via secure, high-definition video.

Atanu Roy, Chief Technical Officer at Dr. Reddy’s said: “Our company’s global demand for instant communication across distances, particularly between R&D teams to make decisions quickly, meant that we required more effective and efficient ways to collaborate. With Polycom video, we are getting the most comprehensive UC infrastructure that meets our needs to deliver wide-scale communications across the company, enabling our research and technical teams to meet across any distance and collaborate securely and instantly for vital consultation and decision-making.”

Michael Alp, President of Polycom Asia Pacific said: “The continued prevalence of our customers in this year’s Asia Fab 50 list demonstrates the forward-thinking strategies they are employing to do business in the region and globally. Video collaboration is the new way of working in a mobile, social, and global world. Businesses are gaining their competitive advantage by building a strong unified communications and collaboration strategy that includes voice, video and content sharing.”

To help business drive more effective use of video collaboration, Polycom recently launched Polycom’s Guide to Collaborating Across Borders, an insightful new resource designed to help readers understand the nuances of doing business across the globe. This guide is one of several new resources for business leaders across almost every enterprise function – from IT to HR to the C-suite – to learn how video collaboration can help them defy distance and achieve their goals more quickly and efficiently.

About Polycom

Polycom is the global leader in open, standards-based unified communications and collaboration (UC&C) solutions for voice and video collaboration, trusted by more than 415,000 customers around the world. Polycom solutions are powered by the Polycom® RealPresence® Platform, comprehensive software infrastructure and rich APIs that interoperate with the broadest set of communication, business, mobile and cloud applications and devices to deliver secure face-to-face video collaboration in any environment. Polycom and its ecosystem of over 7,000 partners provide truly unified communications solutions that deliver the best user experience, highest multi-vendor interoperability, and lowest TCO. Visit www.polycom.asia or connect with us on Twitter, Facebook, and LinkedIn to learn how we’re pushing the greatness of human collaboration forward.

Click here to learn more about how people and businesses use video to defy distance around the world.

Notes to editors:

Further information about the 2013 Forbes Asia Fab 50 can be found at www.forbes.com/fab50.

Further information about how Dr. Reddy’s Laboratories is using Polycom RealPresence® video collaboration solutions to accelerate drug development and time to market can be found at www.polycom.asia/company/news/press-release-filter/2013/20130606.html

For further information on the Polycom customers featured in the 2012 and 2013 Forbes Asia Fab 50 lists, please contact Daniel Sheridan, Corporate Communications Manager, Polycom Asia Pacific: daniel.sheridan@polycom.com.

Arjun Wadia, Polycom, +91 8800763343, arjun.singh@2020msl.com