BOSTON, Feb. 26, 2015 (GLOBE NEWSWIRE) -- join.me, the simple and instant online meeting and collaboration solution from LogMeIn (Nasdaq:LOGM), has been recognized as a "market disruptor" in a new Global Web Conferencing report by Frost & Sullivan. The report, which focuses on how the consumerization of IT is turning traditional ways of working and technology selection on its head, highlights that users are bringing their choice of devices and applications to work for simpler, faster, and better ways to communicate and collaborate. The report also found that join.me is the fastest growing web conferencing product on the market with more than 100 percent year-over-year growth.
"This report reinforces many of the market trends that are contributing to join.me's success and rapid adoption in the market; primarily the desire for simple, fast collaboration and the need for solutions that accommodate more mobile, flexible work styles," said W. Sean Ford, CMO of LogMeIn, makers of join.me. "We're excited to be recognized as a market disruptor in our industry by simply making online meetings better for everyone."
The research states that the global web conferencing market is becoming a key business enabler that is connecting and engaging employees, customers, and partners as never before. In fact, the market grew by 10.5 percent in 2013 to reach $2.0 billion in revenue. With more than 100 percent year over year revenue growth, and a 150 percent increase in customer accounts in the last 12 months, join.me is ranked as the fastest growing web conferencing product on the market.
"As a result of BYOA and the consumerization of IT, web conferencing users as well as line of business heads are discovering simpler and more effective options for collaboration, triggering greater adoption of cutting edge technologies in their workplace," said Roopam Jain, Industry Director of Enterprise Communications and Collaboration at Frost & Sullivan. "join.me has built a large base of users and successfully entrenched itself in the SMB segment, proving the overall value in its service."
To access a copy of an executive summary of the Frost & Sullivan "Analysis of the Global Web Conferencing Market" report, please click here: http://solutions.join.me/Emerging-Trends-Frost-Sullivan.
About LogMeIn, Inc.
LogMeIn, Inc. (Nasdaq:LOGM) simplifies how people connect to each other and the world around them. With millions of users worldwide, our cloud-based solutions make it possible for people and companies to connect and engage with their workplace, colleagues, customers and products anywhere, anytime. LogMeIn is headquartered in Boston with offices in Bangalore, Budapest, Dublin, London, San Francisco and Sydney.
LogMeIn and join.me are registered trademarks of LogMeIn in the U.S. and other countries.
CONTACT: Craig VerColen LogMeIn, Inc. 781-897-0696 Press@LogMeIn.com