May 19, 2009
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Overall, videoconferencing technology has the potential to significantly reduce travel expenses and speed up
the pace of corporate communications. It's also environment-friendly as well since it dosen't produce carbon
emissions.
But videoconferencing’s adoption rate has been cut down by some bugs that has caused visual glitches and audio lags.
The technology certainly isn't perfect and still needs some upgrades.
New research from Frost & Sullivan suggests that, nevertheless, videoconferencing could still increase in
popularity over the next year or so.
Frost & Sullivan says that high-quality video and sound, combined with new IP networks, could still deliver
a positive experience in line with users’ expectations, and could still replace many face-to-face meetings if done
correctly.
But videoconferencing’s significant cost savings benefit should give it some cushion. For example, Nokia Siemens
uses videoconferencing to reduce travel expenses.
But Frost & Sullivan (F&S) warns that videoconferencing technology isn't immune to today's deepening global recession.
“Weakening global economies now threaten this resurgent visual collaboration technology,” warns F&S.
“Since 2007, the market for videoconferencing has grown dramatically, boosted by a new generation of
products and network services that can deliver what we all have hoped visual collaboration can really become,”
said Dominic Dodd of Frost & Sullivan.
He added “this progress has been hard won and comes at the right time to help companies tackle the many challenges
they now face, including how to cut operational costs and increase productivity in the current global economic
meltdown.”
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Source: eWeek.
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