The latest figures from Elluminate, which specialises in supplying web conferencing solutions to the education market, demonstrate just how significantly this market is growing:
“Bookings for the third quarter of 2009 grew over 60 percent year-to-year, fueled by significant customer renewals and upgrades.”
“Elluminate is experiencing exponential growth in adoption and usage with more than 625 million minutes of live, online instruction served annually.”
“During the third quarter, Elluminate welcomed over 270 new customers.”
So why this sudden flurry of activity? Well, the economy might have something to do with it: “Much of this growth is fueled by the use of Elluminate web conferencing solutions to address tightened operational and travel budgets.”
Expect to see similar growth in the corporate sector.