co Systems (NSDQ:CSCO) is set to deliver its TelePresence high-definition videoconferencing technology to the home market within the next 12 months, said the company’s top executive this week.
The technology will be available via the channel, including via retailers the likes of Best Buy (NYSE:BBY) and Wal-Mart and service providers such as AT&T (NYSE:T), said Cisco Chairman and CEO John Chambers at the Cisco Live conference in Orlando, Fla.
“It will probably evolve. At first we’ll do it … where we’re very careful on how the channel sells TelePresence and very careful that the rooms are set up right and the cameras are set up right,” Chambers said. “Having said that, I think that you will see a combination of distribution points.”
Chambers expects pricing of Cisco’s home-use TelePresence units to come in below $10,000 depending on what functionality the user wants.
Promising, particularly as the air travel experience continues to deteriorate.