Here are several excerpts from an informative article by Heather Clancy, a freelance high-tech industry journalist, that appeared in bMighty.com, Cheap, Easy Tools For Productive Online Meetings:

Looking for an easier way to set up a Web conference or share presentations while you’re on the run? You’re not alone. The worldwide market for collaboration services — including audio conferences, Web presentation sessions, and various video meetings — logged its first $1 billion quarter in 2007, according to Wainhouse Research. Wainhouse researchers project that in North America alone, revenue from audio, video, and Web collaboration services will reach $4.4 billion by 2011, a compound annual growth rate of 8%.

One thing that the big players in this market (LiveMeeting, WebEx and GoToMeeting) didn’t expect were the numerous free collaboration services popping up all over the Web, many of which are designed by entrepreneurs fed up with the complexity of existing options.

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