Through the invention and wide adoption of video conferencing system, video conferencing is fast becoming the de-facto way to hold business meetings. In recent years, more and more businesses, regardless of whether they are small business or large enterprises, people are investing on buying video conferencing systems for their companies. This can be attributed to two main reasons.
First, system for video conferencing including its related accessories and equipments have been steadily falling in prices while its technology continues to improve. The reason for this is because of the market demand for these conferencing systems and large video imaging companies are starting to ramp up their products to cater for this demand. The result of this is that, nowadays a relatively good video conferencing system is easily affordable by companies and businesses of any size and it is even considered to be an essential part of the business. Second reason for the increased demand for video conferencing system is the advancement of the technology. Ever since this conferencing by video technology was introduced many years ago, manufacturers have been continually improving the technology behind the systems.
Nowadays, improved images and clearer sound has accelerated the take up of the video conferencing technology. Moreover, consumers are more readily prepared to take up a video conferencing system because they now have plenty of systems choices to choose from a multitude of manufacturers. In the past, people have been hesitant to pick up a video conferencing system because they are afraid of vendor lock in and high prices.
They were also unsure how the technology will pan out as it was still in its infancy. Since then, the technology has proven itself to be useful and have studies have shown that the usage of such systems in the company not only save cost, but also increased effectiveness and efficiency of its employees. Its employees no longer have to resort to using email and phone to communicate with each other. At the touch of a button, they can communicate with each other in real time, sharing information and holding impromptu discussions. Although the initial cost of acquiring one of the better video conferencing systems may look quite high at first glance, the cost saved after implementing it properly in the office will be substantial.
For instance, meeting which involves people from different locations will not require the employees in the company to travel., thus saving the company money with regards to expenses on travel, insurance and meals for the employees. Moreover, the savings can become an even higher value when these meetings are frequent and there are a lot of employees attending foreign meetings. Compared to a mere telephone call, video conferencing is much more immersive and proved to be a better meeting and discussion tool. With the push of globalization, companies are setting up branches all over the world and the introduction of video conferencing system could only improve the real time communication between the office branches of the companies and bring about higher levels of efficiency and productivity for the company.
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