The world is becoming smaller with increasing globalization. Business processes are interlinked all over the world. A business in one part of the world may have employees, partners, branches, tie ups and other stakeholders in any part of the world. The relationships with theses stakeholders have to be maintained by undertaking various activities and practices. Meetings and conferences are such activities. Conferences with people from across the world, in person, can be very costly. It can cost thousands of dollars simply to fly, house and take care of the conference attendees. By using video conferencing, the amount of money spent on such arrangements. Video conferencing would only be a couple hundred dollars at the most. The potential savings could be huge.
Video conferencing has become a strategic tool and has enhanced the dynamics of real time communication and collaboration for enterprises and businesses. Video conferencing provides businesses with the opportunity to learn share and interact across distances. This technology utilizes both the telephone and a video camera. The camera is often connected to a laptop or desktop computer. Video conferencing improves productivity and reduces travel time. Individuals using video conferencing can share data with each other and transfer information such as photos or documents. It is used by a varied number of businesses and organizations to better engage with employees in locations and business units or manufacturing facilities other than main offices, organize training session and improve organizational productivity.
Cisco Systems is a world leader in providing end-to-end networking solutions to organizations and enterprises of all scales of operation. Cisco video conference is a networking solution that allows discussions and collaborative sessions in real time, with participants in different locations. Using the video conferencing technology from Cisco Systems, strategic discussions and business meetings can be easily conducted among departmental and divisional heads, and even top management and managers in different locations, and across time zones and international boundaries. Owing to the easy usability of the new-age Cisco Video Conference facilities, ad-hoc meetings and short-notice strategy sessions can be arranged fairly quickly.
Video conferencing is a strategic enablers and allows multiplication companies, government agencies and high-tech companies to regularly use video conferencing to organize meetings, conduct training, hold strategic discussions and share critical information, speed up decision making and boost organizational productivity. It also helps to streamline many costs associated with traditional in person meetings. During economic downturns and recessions, video conferencing as a competitive tool makes a strong comeback and helps companies save in travel costs. Thus, video conferencing is a new age strategy to improve operational efficiency of any organization.
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Orignal From: Video Conferencing with Profitability
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