7 pages. AverMedia Technologies designs and manufactures video peripherals. This paper looks at the multimedia industry as a whole and AverMedia in particular, including their economic and financial situation, characteristics of the multimedia business and the SWOT analysis. This is an excellent example paper of the economic and financial analysis of any multimedia company. Bibliography lists 12 sources.
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SWOT analysis. This is an excellent example paper of the economic and financial analysis of any multimedia company. The structure of global business has been significantly modified with the
advent of multimedia technologies. Indeed, the prevalence of diversity within the consumer market is quickly gaining stronger shape when it comes to addressing the business and general public needs
alike. "The presence of a world economy has forced individuals and groups representing various organizations, historically foreign to each other in terms of language, norms, and culture, to interact
actively and communicate with each other to conduct business" (Montagliani et al, 1998, 598). Even the smallest companies with limited budgets are finding that their consumer reach is significantly
greater with the combined help of multimedia technologies. AVERMEDIA TECHNOLOGY AverMedia was founded in 1990 when the world of multimedia was just on the brink of exploding into the
fascinating and highly competitive market that it is today. Today, twelve years later, AverMedia is one of the leaders in its field and is considered to be one of
the top contenders in the multimedia video market. The first manufacturer in Taiwan and the third company in the world to develop the "user-affordable video overlay card that can
be used in the production of professional broadcast quality video" (AverMedia, 2002, PG), AverMedia is not relaxing its hold on the competitive market for one second. According to their
website, AverMedia created AVerEPack, the worlds first digital slide presenter. The site goes on to show that "this simple concept has led AVerMedia to win several prestigious awards worldwide",
and led to it becoming a publicly listed company in Taiwan in 1997 (2002, PG). SWOT ANALYSIS SWOT stands for strengths, weaknesses, opportunities, and threats. Strengths and