Videoconferencing helps businesses not only saving money but also increasing competitiveness.
Businesses which maintain a tight budget, especially small businesses, when there’s a financial downturn, it hits companies harder. According to the annual Microsoft SMB/Partner Insight Report, businesses focused on three areas for surviving the economic downturn: reducing staff, reducing technology spending, and reducing travel. Although the survey showed that businesses would start spending a more on staffing and technology this year, travel cost reductions will remain steady at 38%. Most of the business owners would agree with this report.
Video conferencing is one technology that’s a smart investment, reducing your costs while making the most of the resources you have. In addition, video conferencing can serve multiple purposes within a business—from online meetings and presentations to conducting training and providing customer support.
Newtel Connect video conferencing solutions offer three key benefits to businesses:
- Reduced travel expenses: With video conferencing, your employees no longer have to get on a plane to meet face-to-face with partners, suppliers, or customers. In addition to saving money on airfare, hotel rooms, and rental cars, you’ll save money by eliminating the downtime incurred while employees are traveling.
- Collaboration: Video conferencing solutions like Newtel Connect let employees across your company share their expertise, resulting in more productive online collaboration and faster decision-making. This increased productivity makes your company more efficient, further reducing costs.
- Increased communication: Staying in touch with partners, suppliers, and customers are vital to the success of any business. By combining better video quality and clearer audio, video conferencing improves the overall experience customers and partners have with your company, giving you a competitive edge.
Getting the most from your video conferencing investment.
When considering a video conferencing solution, you want to look for simplicity. The product you choose should be easy to install and to use. In addition, you want it to be easy to update and manage over time. Otherwise, it’s costing you time and money to maintain.
You also want a video conferencing solution that’s secure. Be sure to choose a product that’s intended for business use, not home use. Consumer-grade solutions run on open networks and present vulnerability risks. Any video conferencing product you consider should provide business-class features that safeguard your information.
To make certain you get the best possible return on your investment, make sure the video conferencing solution you choose works not only with your current networking equipment but also will be compatible with any equipment you upgrade in the future.
Does your company use video conferencing? If so, what benefits have you experienced?