News Details
2009.11.16
■ V-cube awarded the 2009 Japan Market Share Leadership Award in the Web Conferencing Market

We are delighted to announce that V-cube, Inc (HQ: Meguro-ku, Tokyo, President CEO Naoaki Mashita) has been awarded the 2009 Japan Market Share Leadership Award in the Web Conferencing Market by global consulting company, Frost & Sullivan.
■About the Web Conferencing Market Share Leadership Award
The Frost & Sullivan Award for Market Share Leadership is presented to the company that has demonstrated excellence in capturing the highest market share within its industry. The Award recognizes the company's leadership position within the industry in terms of revenues or units, as specified.
(Below is excerpted from Award recipient's Performance in web conference, Frost & Sullivan)
Despite the intense competition in the web conferencing market in Japan, V-cube has succeeded in growing its sales to achieve the leading market share position in the year 2008 with a 26 percent market share, inclusive of both SaaS (Software-as-a-Service) and Software segments. Both segments are highly competitive, especially with strong multinational competitors in Service and a number of domestic players in the Software segments. Despite the competitive landscape, V-cube managed to achieve a faster growth rate than others with attractive product line, software customization, strong re-seller network as well as secure high value key wins, which resulted in the growth in market share.
■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 the 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 over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 35 offices on six continents. To join our Growth Partnership, please visit HYPERLINK "http://www.frost.com"
■Received the Market Share Leadership Award
― What is V-cube's Visual Communication Tool "nice to meet you" ?
V-cube, Inc. develops, sells, maintains and administers our visual communication tool "nice to meet you". Visual communication tool which is a tool enables users to go beyond time and space and share images, audios, documents, texts; this is used for Web Conferencing and Online Seminars.
Our "nice to meet you" covers available online communication methods, which enables N to N,1 to N, 1 to 1 type of "real time communications" as well as "on demand distribution". The major characteristic of "nice to meet you" is that it can be used very easily "by anyone, at anytime and in anywhere," because it does not require to install software, it works perfectly on any OS, just a simple procedure will let users access to the tool. Also, according to clients needs, we also our system SI (System Integration) basis. Cutting travelling costs and time as well as reducing carbon dioxide emissions, and also, during the adverse time of pandemic phenomena, our system was regarded highly as the tool for BCP.
*"nice to meet you" received The Tokyo Venture Technology Awards 2008 on 25th November.
"nice to meet you " features lineup
Webcam, plasma display & PC
Additional Information
Excerpted from Frost & Sullivan award content
■Key Performance Drivers for V-cube
V-cube's product 'nice to meet you' achieved its success in market share growth among many other competitors. The success was attributed mainly to its advantage in product differentiation which enables users to access to their product easily via internet from anywhere in the world without installing special software, or from mobile appliances such as video phones and iPod. Other specialized applications such as video streaming, one to one sales & support as well as eco-meter (calculates amount of CO2 emission, travelling cost and time saved by using nice to meet you) also gave them a competitive edge to its product. Furthermore, the company's ability to customize their solutionsaccording to the customers' needs provide clients with more efficient and effective usage, smoother work coordination and security system that complies with the company's policy..
■Factor 1: Focus on Accessibility
Since the launch of its Web base Conferencing system 'Nice to Meet You', V-cube has focused on the idea of 'whenever', 'wherever', 'whoever'. Nice to Meet You allows clients to access through internet from any location around the world without installing special software. In 2008, V-cube was the first to have made possible to access from mobile video phones in Japan, which created great flexibility for users to access to meeting virtually from anywhere at any time. Nice to meet you also allows access from iPod, PSP as well as H.323. This H.323 allows connection to most of video conferencing systems, which further expands the use and add values to web conferencing by enhancing coordination with other existing communication tools. Such expanded accessibility allows mobility to the clients in the fast paced business world today and receives broad support from clients.
■Factor 2: Innovative Product lines and Application
V-cube has made sustained effort to expand its product lines to include more specialized applications to provide their clients wider choices to match their diversifying needs. Apart from its core application 'Meeting', it has enhanced its product line with other focus such as 'Seminar' which is a webinar application that allows up to 10,000 attendants at the same time and to be used for remote lecture, IR, employee training and so on, 'Sales& Support' which helps closer, one to one communication with smooth information sharing to increase sales or improve customer care, added with advertisement space on screen, 'Video' focuses on video uploading and streaming, and 'CMS (contents management system)' which is a specialized, contents management and e-learning service application. Furthermore, V-cube offers application 'eco-meter' which visualize the total amount of CO2 emission, transport expense and time as well as the number of trees saved by using nice to meet you by month or year. Such applications focused on particular usage match the diversified use of web conferencing by customers and such advanced features had created competitive edge to the company in product differentiation.
■Factor 3: Customizability
V-cube caters to the diversified customer needs by providing customization of its Software according to the needs. Many large corporations in Japan have their own security system and variety of usage of web conferencing depending on their business type. Therefore, V-cube provides its clients flexibility of customizing their software to match each business type or even corporate culture and is supported broadly by clients in Japan.
■Factor 4: Conclusion
The competition has continued to be intense in the Japanese web conferencing market with the entrance of new vendors and foreign vendors. V-cube, however, through its advanced technology, differentiated product lines, customizability and reseller network, was able to build a strong value proposition to its customers. Furthermore, V-cube has contributed strongly to educate the market regarding the benefit of web conferencing by actively participating at fairs and organizing seminars. Its wide re-seller network also contributed to the success. Based on such advanced accessibility and customizability as well as its marketing efforts, V-cube managed to grow its market share to be a leader in web conferencing, combined SaaS service and Software in 2008 despite the competitive situation in the market.
V-Cube Analyst Quote
"V-Cube's 'nice to meet you' web conferencing solution has a host of advanced features such as mobile phone connectivity, video streaming function and eco meter on top of quality desktop video support and clear VoIP audio, which makes it very compelling. In addition, its high customer acceptance is underscored by our research which shows V-Cube as the market leader in the combined on-premise and SaaS services web conferencing solutions in Japan."
Nozomi Kono (Ms.)/Research Analyst Asia Pacific ICT Practice Frost & Sullivan
■V-cube, Inc.
・Company name : V-cube, Inc.
・Address : 8f Dai ichi Building, 2-9-1 Kami Meguro, Tokyo, Japan
・President CEO : Naoaki Mashita
・Date of foundation : October 1998
・Capital : 404,560,000 JPY
・Description of business: Development and sales of visual communication tools
・URL: http://www.vcube.co.jp/
・"nice to meet you" service & information website: http://www.nice2meet.us/
■Contact
V-cube, Inc.
TEL:03-5768-3307 FAX:03-5501-9676
・You can contact us through "nice to meet you" website: http://www.nice2meet.us/
Inquiry for this press release:
V-cube, Inc.
PR: Sako TEL:03-5768-3111 FAX:03-5501-9676 /e-mail: release@pj.vcube.co.jp
