What is Videoconferencing?

A videoconference is a live connection between people in separate locations for the purpose of communication, usually involving audio and often text as well as video. At its simplest, videoconferencing provides transmission of static images and text between two locations. At its most sophisticated, it provides transmission of full-motion video images and high-quality audio between multiple locations. (taken from www.whatis.com) Videoconferencing should provide a complete simulation of a normal meeting environment, enabling both parties to see, hear and present material, just as if they were in the same room.

What are the benefits?

Videoconferencing should provide a complete simulation of a normal meeting environment, enabling both parties to see, hear and present material, just as if they were in the same room. Videoconferencing can speed up business process and procedures in the same way that the fax and the e-mail have revolutionized the way we share information.

Tangible benefits are most easily related to actual cost savings. The most obvious quantifiable saving is the cost of travel and the cost of the time wasted during travel.

Example

The weekly executive board meeting held between two locations saves one company over £25,000 a year in travel, accommodation and staff time. This is only one meeting out of hundreds of weekly departmental meetings that are also held via videoconferencing.

This does not take into account intangible benefits, which include:

• Greatly improved communication between remote sites both within a company and between suppliers and customers .
• Reduced pressure, stress and fatigue from travel
• Shorter product/project development times (this can be worth millions when it reduces time to market and/or improves the quality of the product or project)
• Reduced time of meetings as the principle often applies when visiting
• Immediacy of contact between people
• Rapid face to face resolution of urgent situations
• Ability to seize opportunities within narrow time frames
• Faster and better decision making
• Increased executive productivity
• Broadcast of key messages throughout the company

Example

• A car manufacturer introduced a version of their saloon model car into the UK three months early due to using videoconferencing.
• A research and development company uses videoconferencing as a primary tool for cost effective face to face communications between remote company locations they are primarily used for project management activities associated with the development of new products.

To explore further the convenience of using video conference center please contact us at:

Video Conference London
Contact
Call : 44 (0) 207 255 2557
Fax: 44 (0) 207 637 0419
email: info@video-conference-london.co.uk