VC-Net’s Appoints Executive Chairman

Telecoms industry veteran Chris Wade has been appointed as executive chairman of VC-Net by the UK’s video conferencing and telecoms solutions provider, and its backers MMC Ventures, to help drive growth and serve a new breed of ‘smarter corporate.’

Commenting Chris Wade, said: “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% 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.”

VC-Net has a strong track record of business growth since inception with over 20% sales growth per year. Its focus on video managed services – a fully outsourced video conferencing service – will enhance its position in this growing marketplace.

Wade said: “We see video conferencing as an essential business service that is easily outsourced in the same way that our clients outsource their payroll services.”

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 sold to CSR in 2007 and in 2010 in the role of chairman and CEO 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. Since then, VC-Net has continued to attract companies who want to use one supplier to bridge the video network gap; offering a service level agreement that spans all work, from initial concept through to post-sales support. VC-Net has built up a significant list of blue chip customers from the banking and finance, construction and retail industries.

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