Telecoms industry veteran Chris Wade has been named executive chairman of VC-Net by the UK’s video conferencing and telecoms solutions provider and its backers MMC Ventures.
Wade says: “We are seeing the rise of the ‘smarter corporate’ who use video conferencing to create globally integrated businesses. As a result VC-Net’s current sales pipeline is more than 100 per cent greater than 12 months ago.
“Video conferencing technologies have progressed significantly and are now a really viable alternative to travel which is saving budget in a time when cost cutting is a top priority. It also allows corporates to respond to social and shareholder pressure to be green; and adapt to their employees demands for more flexible working conditions and their push back to spending countless hours of tiring and unproductive travel time.”
Wade has over 30 years of experience of running large telecoms vendor companies. Over the last 15 years he has provided executive leadership to DSC’s sale to Alcatel; co-founded Cambridge Positioning Systems which along with his executive team was sold to CSR in 2007; and in 2010 in the role of chairman and chief executive sold ShoZu to US company Critical Path.
VC-Net was founded in 2000, to address the need to integrate video conferencing products with existing voice and data network infrastructures.
