Video conferencing (VC) systems, small and large, are being installed and used increasingly by companies not only to reduce operational costs, but also to improve business processes, collaboration and productivity.
The latest wave of video conferencing adoption is driven by the need for improved company performance that creates competitive advantage. Video conferencing helps companies to make better informed decisions by using collaborative systems. Video conferencing has an advantage over other communication channels as it is more dynamic and immersive than email and messaging systems, and far more inclusive than the phone. The combination of sound and vision generates higher levels of understanding among meeting participants.
The top 5 benefits of video conferencing today, according to analysts, are:
Reduced travel costs with the elimination of non-essential journeys
Increased staff productivity across dispersed teams
Improved staff morale and staff retention
Sustained competitive advantage through faster knowledge sharing
Support for environmental policies