Generally, Cloud here we are talking about is Cloud-based video conferencing or cloud video service. Cloud video meeting offers visual rooms allowing participates to meet face-to-face anytime and anywhere, which drives positive changes in the way enterprises’ video communications, telecommuting, remote collaboration, etc. ezTalks Cloud-based video conferencing is designed to offer marketing-leading cloud or private cloud technology, further eliminating complexity, infrastructure costs and interoperability.
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Valued at 3.31 billion dollars, the video conferencing industry is lucrative yet competitive. It depends on technology and by the look of things technology will only get better in the coming years. This is why it is projected that by 2020, the industry will be worth 6.4 billion dollars, almost double the current valuation.