Now isn’t $8 Billion just an incredible number to look at!?
“Fly Me to Your Room: Government Video Conferencing Collaboration Report” was released last week by Telework Exchange. Government travel costs were $15 billion in 2011. The government projects saving $8 billion in 2012 by using video conferencing technology instead of traveling.
This post isn’t meant to be political in any way. Rather this post highlights the incredible agility video conferencing technology provides to large and small businesses, organizations and non-profits. Having the capability to hold the same meetings, with the same people without ever having to leave the office is certainly one of the benefits of video conferencing.
Looking someone in the eyes during any meeting is an invaluable tool for any business man or woman. Video conferencing gives you this ability along with saving your company or organization a ton of money on travel costs.
If saving $8 billion by using video conferencing isn’t cost-effective than I need to look up the definition of the term again!
Actually, here’s Merriam-Webster’s definition:
Cost-Effective–economical in terms of tangible benefits produced by money spent.
Yes, video conferencing does cost money to install. That, I’m sure, is an obvious factor for you.
But the ‘tangible benefits’ video conferencing is projected to bring the government is nothing short of astounding. I mean, think about it, $8 billion is a lot of money. And that’s only one of the tangible benefits of video conferencing.
We really like hearing your ideas about the increased capabilities technology provides your organization or business, or even to you individually. What are some of the ways video conferencing has made things more efficient in your workplace?