When companies have to buy something, it has to be approved by management. With the cost of air travel going up, it is only right to justify the use of video conferencing since it is more affordable to do so in the long term.
How do you justify that? Most companies use numbers as their basis in making a decision so if you look at the expense report and notice that a huge chunk is spent on traveling, they will realize that they can cut cost here and use the money saved somewhere else.
But doesnt video conferencing equipment cost a lot of money and isnt the system very complex? For a time but this has changed. This is because vendors no longer use ISDN lines and they have now shifted to IP networks. This is the same system used by the Internet thus making it easy to integrate with other systems.
For those who are concerned about how much it costs, the price of video conferencing equipment has gone down through the years making it more affordable for businesses.
A decade ago, a video conferencing system costs $75,000 or even more. Nowadays, you can find one for less than $10,000. Other accessories like a webcam will cost you less than thousand....
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