Posts Tagged ‘advantages of video conferencing’

Why Video Conferencing is Improving Productivity and Reducing Costs in today’s Organizations.

June 19th, 2017

Recent developments in technology give to your video conferences the same sense of connection and collaboration of real life meetings. In addition, video conferencing allows staffs to share data in a way that is not possible in live meetings which have become even more expensive as a consequence of the increase in travel costs.

Video Conferencing is going viral not only in the cutting- edge technology companies of Silicon Valley, but also in more conservative and slower-to-change organizations like Accenture that plans to add 22 video conferencing rooms to the existing 13

(source:http://www.nytimes.com/2008/07/22/technology/22meet.html).

So, what is there behind this change? The answer is quite simple. Video Conferencing allow managers to cut down on costs by increasing productivity.

In facts, moving digital bits become more and more affordable than moving people’s bodies as travel costs increase. According to Executive Travel (source: http://executivetravel.com/new-business-travel-study-says-average-per-diem-is-now-319day/) , sending a worker on a flight costs now over 1000 $, and the average daily costs for car rentals, hotels, meals etc. rose up to an astonishing 319$ per day in 2016. In comparison, the price of a R-HUB`s (http://www.rhubcom.com) video conferencing server ranges from 995$ to slightly over 2000$. It means that an organization opting for this technology will be paid back in only four/five saved travel days of one of its executives!

On the other side, the costs to dispatch bits to IP addresses have been plunging down and the ones of web conferencing tools as well. In other words, video conferencing is cheaper and cheaper.

The traditional objection that virtual meetings are necessarily poorer than live meetings is now beaten by the technological development of the last year. Video presence and high definition give a video conference the same sense of connection and collaboration of real meetings. So, it is possible to build the sense of comradery and appurtenance to the organization also through video conferences.

In addition, during a virtual conference it is possible to share data in an easy and immediate way through some specific tools like file sharing. Decisions can be speeded up a lot, workgroups become easy to organize and manage, and communication to the organization as a whole is finally possible.

The process of hiring and training staff is streamlined. Decisions become quicker, so that your organization is more reactive and abler to quickly adapt to the actual situation of market, with subsequent better results.

In conclusion, video conferencing has become a leading technology in today’s organizations because it is able to increase productivity while reducing decision times and organizational costs. Recent technological developments have improved video conferencing so much that the objections on the poor quality of virtual meetings have fallen. Last but not least, going virtual is more and more inexpensive because the high competition existing among video conferencing service providers reduces prices.

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Video Communication is behind the high growth of many Enterprises

October 6th, 2016

Video communication is an important key-factor of the growth of many enterprises, as it enhances worker production and team engagement. This is the reason why it has become the new mainstream for executives and managers today, at the point that the budgets for streaming and video equipment of 30% of enterprises has exceeded $100.000 annually.

In a recent study conducted by Wainhouse Research, it is reported that nearly 60 per cent of enterprises have an annual video budget of at least $10,000 per year, while the budgets of the remaining 30 per cent has largely exceeded $100,000 per year. These numbers give an idea of the importance of video communication in the global economy.

But there is an even more interesting datum. Wainhouse Research also reported that seventy-five percent of high-growth businesses use video-enabled collaboration. That’s 1.3 times the use rate reported by low-growth businesses. In one word, there is evidence that investing in video has serious returns.

Why is video so powerful? One impact of video is on the length of the talent acquisition process. It has been estimated that the time to hire a talented resources is 35 per cent faster today. And talents are crucial for organisations, as they drive growth. So, it is very important not to lose them through a slow and leaky hiring process.

Another reason is the improvement of collaboration and productivity across geographically dispersed teams. According to Frost & Sullivan, 50 per cent of companies that have adopted video communication have reported significant results in this field.

The third reason is that video is able to improve communication both inside and outside the organisation. In fact, the percentage of the organisations that use video for external communications is almost the same of the organisations that use video for intra-company conferencing, that is 82 per cent.

But the more trenchant argument for video is the numbers. The global enterprise video market is estimated to grow from USD 16.98 billion in 2015 to USD 36.84 billion by 2020, CAGR of 16.7 percent from 2015 to 2020. This market is driven by the increased demand for video communications in various organizations across the globe.

These numbers should make reflect any executive on the fact that competitors are likely to invest in advanced video solutions that will increase their productivity and make their businesses grow, when the time to allocate the budgets for communications comes along. To cut it short, video conferencing has become a strategical asset for any organisation in today’s global world that must not be neglected.

If you are interested in video conferencing and the challenges that it pose, you are going to find more resources on R-HUB Communications’ web site at http://www.rhubcom.com

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Blurring the Lines between Countries with Desktop Video Conferencing

June 4th, 2015

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Historically, language and time zone barriers have made face-to-face meetings in different countries a necessary expense for conducting business globally. In the past, running a global business meant actually traveling physically to various countries in order to perform business conferences in person.

Consequently, this required a significant amount of additional preparation not only for the travel itself but also for the actual meeting. For businesses with a strong international presence, this can result in a lot of extra time and money spent just to get business done.

Fortunately, desktop video conferencing has eliminated the required costs for arranging physical meetings in different counties. Furthermore, desktop video conferencing has practically erased the barriers between countries themselves. While desktop conferencing does not resolve all of the issues associated with multi-lingual meetings, it does go quite a long way in terms of reducing many of the major hassles associated with those meetings.

There are two primary challenges that most businesses face when hosting an online conference with participants who speak different languages. Desktop video conferencing can help to reduce both challenges.

Language

Although language barriers do still exist, if you are using online or desktop video conferencing,  those barriers become much easier to handle when all of the tools are presented in the participant’s native language. For instance, with R-HUB web conferencing servers, you can have a multi-lingual interface. What this does is allow everyone who is in the conference to be able to use all of the various tools that R-HUB web conferencing servers provide without running into any language blocks.

This helps to smooth out the process of multi-lingual conferences and makes them more productive. There is no longer a need to wait to have a conference until you are able to have a translator available. At the same time, you can rest assured that everyone attending the conference is able to benefit from much clearer communication without the worry over potential miscommunication.

Time Zone Differences

Because various countries are in different time zones from others, online video conferencing can eliminate the time zone differences via the use of recast, recording, and replaying. The original meeting can be recorded and replayed for attendees at convenient times in accordance to their relevant time zones.

These attendees can still interact during the meetings as if they were attending it live and experience the same viewing quality as the original meeting. No longer is it necessary to schedule conferences at certain times in order to coincide with business hours in other countries. Everyone is able to attend at the time that is most convenient for their local business hours, thus helping to boost productivity.

By implementing online or desktop video conferencing, your organization can maintain a global presence while saving both time and money.

R-HUB web conferencing can help you to continue to break down country barriers for effective business communication. Contact us today at 1-866-758-0984 or email us at sales@rhubcom.com for more details on our desktop video conferencing services.

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The Importance of Multi Party Video Calling to Bridge Communication Gaps

April 14th, 2015

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Now more so than ever before, businesses are increasingly disparately located. Organizations might have several offices located around the country and even around the world. Employees could potentially work from home or could take advantage of flexible work hours. Even traditional 9-5 employees must commute to the office on a daily basis. There are numerous benefits to a globally diverse workforce, including the elimination of geographical limitations when employing the best talent in the industry. Even so, this new way of working can present connectivity and communication challenges.

Connecting Via Multi-Party Video Calls

Advances in desktop video conferencing technology have ensured that colleagues no longer need to share the same physical space in order to achieve effective communication. Below are just a few of the ways in which multi party desktop video conferencing is bridging the communication gap.

Improved Trust- Feeling as though you know your colleagues and are able to trust them is a vital element in any working relationship. However, when you are not working within the same physical space as your colleagues, this can prove to be a challenge. By deploying desktop video conferencing, you can actually see your colleagues’ voices and facial expressions. As a result, you can feel as though you are in the same room as your colleagues even if you are, in fact, hundreds or even thousands of miles away.

Increased Productivity- Connecting with colleagues via wok PCs, tablet and mobile devices is not only an effective method for collaborating during meetings when it might not otherwise be possible, but this process can also improve work productivity significantly. Saving travel time and taking advantage of the ability to connect wherever and whenever is most convenient ensures that you are able to leverage time resources in order to complete more important tasks. As a result, everyone within your organization is able to work far more productively and accomplish more, preventing burnout among employees and driving a more profitable bottom line for your business.

On-the-Move Communication- The fact that we all have busy lives cannot be denied. Desktop video conferencing solutions ensure that multiple parties are able to participate in a conference call even if they are actually on the move at the same time. There is no need to sync schedules or clear calendars. New desktop video conferencing technology can be utilized by tablet and mobile devices, ensuring that whether an employee is on a mobile device while commuting to work, is out of town, or at the office, they can still be present and attend virtual meetings.

Using R-HUB HD Desktop Video Conferencing

R-HUB Desktop Video Conferencing offers an effective multi-party video calling solution that allows for quality real-time collaboration and communication. If you are interested in how you can bridge the communication gaps within your organization, contact us today at 866-758-0984 or email us at sales@rhubcom.com to try R-HUB Desktop Video Conferencing for yourself and learn what a difference it can make in your company’s productivity.

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