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Citrix Online's Web Conferencing is Category Growth Leader Growing More Than Twice As Fast As Industry
Thursday, September 17, 2009 10:57 AM


(Source: Business Wire)trackingWeb conferencing services from Citrix Online, a division of Citrix Systems, Inc. (NASDAQ: CTXS), are recognized by leading analyst firms in recent reports for their strong market-share growth and ability to meet customers' needs. The company's dedicated focus on delivering exceptional ease-of-use and affordability is driving strong performance, with Citrix® GoToMeeting® and Citrix GoToWebinar® growing at 40% y-o-y, more than double the industry average.

Roopam Jain, principal analyst at Frost & Sullivan, a leading, growth consulting and research firm, notes that Citrix Online is the growth leader in the Web conferencing industry due to the simplicity and cost-efficiency of its solutions: "Citrix Online is the fastest growing company among top Web conferencing SaaS providers, far surpassing the industry average of 17 percent. GoToWebinar has set the standard for ease-of-use in the Web events space. The company's focus on simplicity and competitive pricing, along with the recent addition of free VOIP capabilities, has strengthened its value proposition and helped propel Citrix Online to a top three revenue position in the global Web conferencing SaaS market1."

Citrix Online was positioned in the Leaders quadrant in Gartner's new 2009 Magic Quadrant for Web Conferencing study. According to Gartner, "Vendors in the Leaders quadrant have achieved significant market share while demonstrating their ability to respond to customers' needs. Leaders have robust, scalable products with a wide range of features, a large installed base, acceptable financial performance and good distribution. Leaders do well today and are prepared for the future.2

"Recognition from prominent analysts for our leadership underscores the power of simplicity for driving universal adoption of Web conferencing services," said Brett Caine, general manager of Citrix Online. "Businesses of any size -- from individual consultants to the largest enterprises -- are making a clear statement about the importance of simple-to-use, yet comprehensive offerings for addressing their business challenges in new and cost effective ways. This model is fundamental to our market approach and will position both our customers and Citrix Online for continued leadership ahead."

PHNS, provider of comprehensive information technology to hospitals with more than 1,500 employees, is one such business using GoToMeeting to enhance efficiency. "GoToMeeting has been advantageous to our company with itssimple,user-friendly framework," said Mary Cinquemani, transition manager at PHNS.



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