IBM plans to offer Web Conferencing

Latest News and Financial Information | “IBM (IBM.N: Quote, Profile, Research) plans to offer Web-conferencing as a hosted Internet service, seeking to reach small and medium-sized business customers while taking on more established rivals in the market, the company said on Tuesday.
International Business Machines Corp. said its new Lotus Web Conferencing Service requires users simply to register an account and have an Internet connection, a browser and a phone. IBM manages the computer networks that host the conversations.”

Looks like IBM sees the light that Web Conferencing is a good business. Microsoft already has such a solution for quite some time now through the aquisition of Placeware about 1,5 years ago which is fully transformed into LiveMeeting. The latest version of LiveMeeting is now in beta and up for release in the coming months. Strong point of LiveMeeting is the integration with the rest of the Office Systems; for example Outlook for the whole planning of meetings and ofcourse PowerPoint integration.