Frost & Sullivan Recognizes Shanghai Shrine as 2011 Conferencing and Collaboration Service Provider

Oct. 10, 2011 - PRLog -- Shanghai, Oct 10, 2011- Based on market tracker and analysis of Chinese conferencing and collaboration service market, Frost & Sullivan, a world leader in growth consulting, recognizes Shanghai Shrine with Best Practice Award - 2011 Conferencing and Collaboration Service Provider of the Year honoring the company’s outstanding efforts toward the development of conferencing and collaboration market.

Due to the globalization, rise of the mobile office, the purposes for corporate cost control and other reasons, the conferencing & collaboration systems have been widely accepted by many enterprises. Meanwhile, changes of the business model are taking place. Some independent commercial applications such as audio conferencing, web conferencing, video conferencing, and etc, are gradually converting to unified service cooperation. Therefore, the service providers who are able to integrate these independent commercial applications will grab a greater market space in the future.

The real-time collaboration systems are designed to be used in shared environments such as audio conferencing, video conferencing, web conferencing, Instant Messenger, Email, Desktop Sharing, Webcasting, Webinar and other integrated applications. These systems provide clients with a cohesive collaboration communication environment.

According to Frost & Sullivan, the compound annual growth rate of video conferencing systems in Asia Pacific will reach 23.2 percent from 2009 to 2016. One market driver for the rapidly growth market is predominantly multinational enterprises collaborating with their Asian offices, or their suppliers and partners. Besides, it has been proved by the uptake of webinar and webcasting, which have become one of the cost- effective sales & marketing manners. The usage of web conferencing service in these areas witnessed robust growth.

Shanghai Shrine Co., labeled as the market leader of the multimedia conferencing and collaboration market, provide the end-user with one-stop solution, including audio conferencing, web conferencing and desktop video conferencing sector. Their core product “BizConf Global Conferencing Center” becomes the preferred choice for day-to-day communication tool of Fortune 500 companies’ branch offices in China. Shanghai Shrine leads the high-end conferencing & collaboration market with the dominating market share.

Shanghai Shrine Co., founded in 2006, now has become the biggest conferencing service provider in China market. Its branch offices lie in Beijing, Shanghai and Guangzhou, with the customers coming from all over the country, such as Beijing, Shanghai, Guangzhou, Shenzhen, Tianjin, Chengdu, Xi’an, Chongqing and etc. There is more than 2000 conferencing call running on the Shanghai Shrine Co.’s platform one day.

As a leading service provider in the Conferencing and Collaboration market, Shanghai Shrine deeply analyzes the enterprise customers’ requirement in their daily business activities. The conferencing and collaboration solution includes web conferencing, video conferencing, and webcast, etc. all of which in whole pack providing a “one-stop” solution to meet the enterprise customers’ diverse communication needs. In recognition of the outstanding performance of the company in the conferencing and collaboration market, Frost & Sullivan is honored to award Shanghai Shrine with the Best Practice Award - 2011 Conferencing and Collaboration Service Provider of the Year.

Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development.

Each year, the awards Frost & Sullivan establishes are presented to the company with outstanding performance in various industries. Winners not only have strategic advantage in production innovation, but also have obtained maximum market share through effective marketing strategy in the past two or three years.

About Shanghai Shrine
Shanghai Shrine Co. is the leading conferencing service provider, dedicated to providing quality audio, web and video conferencing services in China. Shanghai Shrine Co. has received the Conferencing Service License from the Ministry of Information Industry of the Chinese government. Most of the fortune 500 companies in China are using Shanghai Shrine services today. Shanghai Shrine has branch offices in Beijing, Shanghai, Guangzhou and other cities. For more information, please visit www.bizconf.cn.

About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation, and leadership. The company's Growth Partnership Service provides the CEO and CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages nearly 50 years of experience in partnering with Global 1000 companies, emerging businesses, and the investment community from 35 offices on 6 continents. To join our Growth Partnership, please visit http://www.frost.com

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Frost & Sullivan, the Growth Partnership Company, partners with clients to accelerate their growth. The company's research and consulting services empower clients to generate, evaluate, and implement effective growth strategies.