The current prominence of telepresence augurs well for the future of the visual communications industry. The huge investments in promoting telepresence made in 2006 by Cisco in particular have generated greater awareness.
New analysis from Frost & Sullivan (www.conferencing.frost.com), European Telepresence Markets 2007, finds that the European telepresence market for products and services is expected to reach $409.6 million by 2013, growing at a compound annual growth rate of 56.5 per cent from 2006 to 2013. Read more
Heightened concerns over security along with liberalization and strong economic growth has been driving the Asia Pacific region toward more high-end electronic access control systems in recent years. The sheer size of the market combined with low penetration levels make for huge market potential, and the advent of IP-based surveillance systems, the development of property sector in Asia Pacific, and fewer biometrics regulatory issues in Asia Pacific as compared to other markets such as the United States and the United Kingdom are all expected to contribute to the future growth of electronic access control systems (EACS) in the region. Read more
Metso Paper will supply a complete deinking line to Subburaj Papers Private Ltd. in India. The new DIP line will have a daily capacity of 320 tons and the value of the investment is close to EUR 8 million. The greenfield printing and writing paper plant project is scheduled to start up in mid-2008. The delivery is Metso Paper’s first recycled fiber system to be installed in India. Read more
Kingfisher Airlines, one of the fastest growing airlines in India, and Continental Airlines (NYSE: CAL), today announced that they have entered into a comprehensive partnership for frequent flyer and airport lounge access reciprocity and future codesharing, providing better service to customers who travel between India and the U.S. and transfer between the two carriers. Read more