The initial perceived, and quantifiable, benefit of video conferencing was reduction in travel costs.
Initially, many organizations paid for deployment of video conferencing by the reduction in travel budgets. While travel savings has been a recognizable benefit of video conferencing, there are many more qualitative benefits of deploying video conferencing including an increase in productivity and efficiency, improvement of management communications and enhanced business opportunities.
Since the commercial introduction of video conferencing in 1982, benefits of the technology have evolved and grown. Applications of the technology have also expanded as users have found new and unique ways to find value with video.
Below are some of the benefits of video conferencing, as told by our business partner Lifesize, followed by a visual look at the evolution of video conferencing.
Increase Productivity and Efficiency
Reduce Travel Risk
Reduce Unproductive Travel Time
Prevent Meeting Delays
Immediate Information Exchange
Access to Experts
Time-Share Scarce Talent
Improved Management Communications
MoreInterface at All Levels
Enhanced Business Opportunities