Context-aware applications are fast becoming popular as a means of enriching users' experiences in various multimedia content access and delivery scenarios. Nevertheless, the definition, identification, and representation of contextual information are still open issues that need to be addressed. In this paper, we briefly present our work developed within the VISNET II Network of Excellence (NoE) project on context-based content adaptation in Virtual Collaboration Systems (VCSs). Based on the conducted research, we conclude that MPEG-21 Digital Item Adaptation (DIA) is the most complete standardization initiative to represent context for content adaptation. However, tools defined in MPEG-21 DIA Usage Environment Descriptors (UEDs) are not adequate for Virtual Collaboration application scenarios, and thus, we propose potential extensions to the available UEDs.