Can video conferencing up your productivity and reduce costs?

If you haven’t heard the words lately, just wait. Video conferencing is becoming the most in-demand application of the new information age. This upsurge is prompted by three factors:

• Globalization and the need for “virtual” work groups made up of experts from many different locations require a technology that allows people to meet face-to-face with high productivity on a moment’s notice. Only video conferencing meets this demand.
• Changes in video conferencing technology, particularly high definition and what’s being called video presence, are giving video conferences the same sense of connection and collaboration as a live meeting. In fact, they’re better than live, because video conferencing allows data sharing that is not possible in live meetings, plus the recording of video conferences provides necessary records for security and regulatory requirements. In addition, new video conferencing technology has excellent security plus advanced management and scheduling capabilities. Also, the cost of video conferencing end points has decreased ten fold since 1998. Travel costs have escalated.
• The IP (Internet Protocol) revolution has lead to “IP everywhere” making the transmission of video conferences far less expensive, much easier to use, more reliable and significantly more scalable to meet a company’s growing requirements.The bottom line is that every company, big or small, must evaluate video conferencing as a possible application