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Video Conferencing Saves Your Business Time and Money

November 11th, 2008 by Video Conferencing Expert

With airline fees and other forms of travel at a record high and the US economy at an all-time low, many businesses are looking at video conferencing as a viable, and much more affordable and green alternative. In addition to the immediate cost-savings that are realized in substiting conventional travel, video conferencing saves the strain of traveling on employees, and is a environmental conscious alterntaive in an increasingly fragile world.Video conferencing lets business and organizations hold meetings, conduct interviews or carry out legal depositions with others across the country or around the globe, without leaving your office.

More than half the members of The Association of Corporate Travel Executives have made “major cutbacks” this year in business travel. Businesses large and small are looking to cut costs and increase productivity during challenging and uncertain economic times. Video conferencing provides a convenient, affordable alternative to the hassle of traveling while still allowing direct communication with offices anywhere in the world.

Aside from the obvious cost savings, web conferencing and video conferencing services are environmentally friendly. According to the 2006 Meetings Marketing Report by the International Congress & Convention Association, corporations spend an average of $107 billion sending employees to conventions and meetings. The number of meetings – including groups and small seminars – held worldwide in 2007 was more than 1.2 million. Every airline trip releases greenhouse gases into the atmosphere, and choosing an online meeting over conventional travel significantly reduces the carbon footprint of a company.

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