Cisco Subnet An independent Cisco community View more

Cisco lands largest TelePresence deal

Bank of America to deploy 200 systems

Cisco has landed its largest TelePresence deal to date: Bank of America plans to deploy 200 of the virtual meeting systems globally. The bank currently uses 28 of the systems for employee meetings and training, according to this story by colleague Matt Hamblen of Computerworld.

Neither Bank of America nor Cisco would disclose the value of the deal. But Bank of America reached a managed services agreement with Cisco, meaning Cisco will install, support, maintain and refresh the telepresence gear, according to Hamblen.

The bank will use its own network to conduct the virtual conferences and to implement a telepresence extranet with external partners.

Bank of America says the TelePresence network will allow employees to collaborate more effectively by enabling flexibility in scheduling meetings, cutting down on travel and reducing the bank's carbon footprint. A single TelePresence room can run more than $250,000, but Procter and Gamble, which has a 70 system network, says it has saved $4 for every $1 invested in the systems through travel savings and productivity improvements, Hamblen reports.

More from Cisco Subnet:

This is Network World's Cisco Subnet news alert in which we focus on the top items from Cisco Subnet, your source for Cisco news, blogs, discussion items, security alerts, giveaways and more.

Cisco said to be readying major upgrade to CRS-1The scoop on the New TSHOOT Course and Exam

Cisco shipping 160G Ethernet card for ASR 9000

Another analyst sees Cisco UCS deployment delays

If Cisco buys you, you're 1 in 100

IPv4 Space is Getting Low - Really Low

Win one of 50 CCNP training books, videos and Cert Kits

Win great stuff from Cisco SubnetCisco Alert newsletter.Like RSS readers? Subscribe to the Cisco Subnet RSS feed

Like e-mail? Subscribe to the

Follow all Cisco Subnet bloggers on Twitter.Follow Jim Duffy on Twitter 
Insider Tip: 12 easy ways to tune your Wi-Fi network
Join the discussion
Be the first to comment on this article. Our Commenting Policies