The Frost & Sullivan 2001 Technology of the Year is Octave Communications
Improv. Octave Communications introduced a new mobility application called
Improv in 2002. This product enables wireless carriers and service providers
to offer enterprises and consumers a host of new subscription services for
instant group communications.
Frost
& Sullivan believes that the wireless sector can create great
opportunity for conferencing vendors. Wireless device users have become
accustomed to a set of features (such as voice mail, voice activated
dialing, browsing capabilities, caller ID and missed calls), which they
cannot obtain from their wired phone without paying for additional
service. This is driving consumers to use their wireless phones much
more frequently than their wired ones. The conferencing feature is very
likely to increase consumer addiction to their wireless phones. This in
and of itself will be attractive to wireless carriers since churn
continues to be a challenge, and first-to-market with this feature can
enable them to gain some traction on keeping customers.
Adding conferencing to the mix will not only add to the convenience for
consumers in using their wireless phones over wired ones. It will also
enable wireless service providers to gain more traffic, and eventually
more upgrades to monthly minute plans. Wireless carriers continue to
seek ways to increase airtime, and adding conferencing capabilities to
the above set of features can do just that if priced optimally. If
provided for free, it will encourage consumers to move to the next level
of minutes (i.e., move from 300 minutes to 3,000 minutes) so they can
conference in friends for social events. Each minute on the call can be
multiplied by the number of people on the call, causing available
minutes to disappear quickly, of course to the benefit of the wireless
service provider.
Another factor
about Improv that differentiates it from other conferencing applications
is its speech interface, enabling users to begin conference calls using
simple speech in addition to a Web browser or feature code access. We
feel that this is an important capability in meeting mobile workers'
needs. Wireless devices are too small for using a keyboard or writing
instrument to begin a conference, and will deter consumers from
regularly using the feature, even if it is available for free. The
speech interface will make the activation of the conference call much
easier, especially when they are on the road, when they become
accustomed to talking to an automated device.
Being first-to-market with this technology will certainly be an
advantage for Octave once penetration begins. When more wireless and
wireline carriers join the bandwagon, Octave will have the experience of
implementing this solution behind it, and will be able to more quickly
bring new service providers on board.