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According to the Cisco Visual Networking Index Forecast 2007-2012 released June 16, consumer and business IP networking trends are being driven largely by the increasing use of video and Web 2.0 social networking and collaboration applications.
Cisco said the acceleration of rich online video communications and entertainment, as well as social networking, has greatly increased the impact of online video on the network.
For example, in 2012, Internet video traffic alone will be 400 times the traffic carried by the U.S. Internet backbone in 2000. Video on demand, IPTV, peer-to-peer video and Internet video could account for nearly 90 percent of all consumer IP traffic in 2012.
While there are many video platforms in the wild offered by large and small companies, creating an open-source video platform is not trivial, with many obstacles along the way. This session will review the challenges of open sourcing rich-media as well as the huge opportunities that it presents for the community.