 "SMART Secures Almost 50% Product Category Share In India")
SMART Technologies, a provider of collaboration solutions, announced its first quarter results related to the interactive whiteboard product category for India. As per the data released by Futuresource Consulting, a leading global independent research company, SMART Technologies has emerged as the undisputed leader in the interactive whiteboard product category with a 49.1 percent share – a full 38 points ahead of the next closest competitor.
SMART virtually doubled its growth in India with an increase of over 25 points from Q4 of 2011 to Q1 of 2012. The company’s product category share grew 41 points year over year in India. Globally, SMART maintained its strong position acquiring a product category share of almost 47 percent. The category share results for India and globally relate to the cumulative results from January, February and March 2012.
“Installing SMART’s interactive displays in our briefing centres has transformed the way we engage with our clients and conduct business” said Sandeep Subramanian, Operations Engineer, Cisco Global Briefing Centre, Bangalore. “SMART interactive displays takes unified communication to the next level allowing participants to collaborate and share data in real time. This feature proves very effective while interacting with clients spread across various geographies. SMART has made it possible for Cisco’s global teams to brainstorm and share information in real time and showcase the outcome to clients. This has helped us to substantially cut down on the company’s travel expenses while making meetings more productive and efficient. The comprehensive, easy-to-use, user friendly solutions work seamlessly with a variety of third-party remote collaboration tools thereby ensuring no additional hardware is required for using the products.”
“India has been identified as an important market for SMART Technologies,” said Sanjiv Pande, Managing Director, India & South Asia, SMART Technologies. “Current penetration of interactive whiteboard market in India is merely 3 percent so there is huge growth potential. The substantial jump in our product category share in the first quarter of 2012 is encouraging and a strong indicator of the significant growth we have made in India. We will continue to strengthen our position in the country by offering comprehensive solutions including a range of innovative products, valuable content and strong service and support for our customers.”