Cisco Focuses on Business Users Collaborating

Cisco, as announced in this WSJ article, that they will be releasing several new tools and products with the aim to help business users collaborate more effectively. The company has predicted that this market is worth $34 billion, and as such with this announcement, hopes to reel in a chunk of it. The start of their entry into this market space began with their acquisition of WebEx, and along with the new releases and updates to existing products, Cisco will be facing existing industry heavyweights including Microsoft and Google. Regarding this entry into a new market, the WSJ article reports:

“The offerings include Cisco WebEx Connect, an online service designed to integrate tools such as instant messaging and Web conferencing with conventional business software and newer Internet applications such as blogs and wikis, which are collaborative Web sites.”