Partnership Will Accelerate Expansion of the Visual Communications Market in Japan
Hackensack, NJ – June 27, 2018 – Vidyo, Inc., the leader in embedded real-time video solutions, today announced that V-CUBE, the leader in the Japanese visual communications market, will become the primary distributor for Vidyo in Japan. Having already integrated the Vidyo platform into its V-CUBE Meeting product, V-CUBE will now support all Japanese Vidyo distribution partners with both technical expertise and sales support. V-CUBE’s support extends to the financial services and healthcare sectors as well as to enterprise video conferencing.
In Japan, remote work is increasing rapidly with the market for video solutions that support “working anywhere” expected to continue to grow across many different sectors. Government deregulation is driving this growth in real estate, while online sales of financial services products, and telemedicine, all further drive adoption. Today, Vidyo’s solutions are used by by more than 450 financial institutions and over 4,500 healthcare delivery organizations worldwide, and it is widely recognized as a market visionary and leader.
V-CUBE has been the established leader in the Japanese video communication market for eleven consecutive years by providing unmatched service to organizations across the country. Through this partnership, V-CUBE becomes a key strategic partner for Vidyo and will both support customers and help drive innovation in the space.
“We are thrilled about our expanded relationship with V-CUBE,” said Vidyo CEO MIchael Patsalos-Fox. “Together we are building on Vidyo’s success in the unified communications, global financial services and healthcare sectors. We are particularly excited about the opportunity to jointly serve the Japanese market through our platform offering, which enables customers to embed interactive real-time video into applications in any industry, including manufacturing, education, real estate and more.”
V-CUBE provides visual communication services which enable audio and video communication between remote locations and achieve “working improvement” of companies. V-CUBE’s main web conference and webinar solutions have dominated the Japan SaaS web conference market with No. 1 market share for 11 consecutive years. In order to achieve diversified working styles through the web conference and webinar solutions, we are aiming to achieve the society in which “whenever,” “wherever,” “whoever” can communicate, as well as to innovate lifestyles such as education, medical domain, and so forth.