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The time is right for video and web conferencing to take off. While online conferencing is still seen as a technological novelty
by some people, more and more businesses of all sizes are finding it be the solution to doing business and communicating with
prospects, clients, employees and branch offices in an era of rising transport costs. Let's take a look at some of the factors
that are bringing web and video conferencing to a very wide audience.
1. Bandwidth speeds are increasing while prices for broadband web access are falling
Video and web conferencing are more effective when users have broadband access to the Internet. Prices for various broadband connections to the
Internet (DSL, Cable, T1s) are falling and more and more homes and businesses are now connected by broadband rather than dial-up connections.
Broadband penetration in the US among home users has reached 60% and, especially crucial for online conferencing, in the workplace broadband usage has passed 85%.
2. Web cameras are more powerful and less costly
Video conferencing is aided by good images. Just as high speed connections to the Internet are needed to view the videos,
improved cameras providing clear images are also important. The least expensive web cameras today cost as little as $10 and
even sophisticated tripod-mounted cameras are reasonably priced, placing video conferencing within the reach of millions of users.
3. The price of oil and transportation is rising, and business travel is more costly
Rising energy prices means that businesses have to scrutinize their travel plans more closely. Video and web conferencing make
it possible to hold meetings with staff in other cities without making expensive car or airplane journeys. In addition, some
companies are also using web and video conferencing to meet new clients and provide service to existing clients. Improved
video conferencing capabilities, combined with rising travel costs is a sure formula for online conferencing growth in the
years ahead.
4. Businesses are improving productivity with online conferencing
The gains provided by online conferencing are more than just the money saved by not buying gasoline for a car or spending it
on airfares. When you sit in your own office and hold an online conference with associates in distant cities, you can get back
to your other work within seconds of the close of the online conference. The lost time out of office, associated with business
trips, is an important “opportunity cost” that can be reduced by the creative use of web and video conferences.
5. The cost of web and video conferencing has come down greatly in the past year
Web and video conference services are now less costly than they were a few years ago and it is possible for a business to get
a much higher return on their investment in online conferences. Monthly costs for some conferencing services are so low that
even families and individuals can connect in informal web conferences. At the same time, for a reasonable price, businesses
can even purchase their own internal video/web conferencing system and not depend on web conference services provided by an
outside provider.
6. Schools and universities are holding online classes, exposing a whole new generation to the world of online conferencing.
The surest way of spreading any new technology is to get young people "hooked" on it. And that is exactly what schools and
universities are doing with web and video conferencing. By holding more online classes and conferences, young people are
becoming comfortable with this way of communicating. As today's students enter the business and professional world, they
are certain to bring with them a taste for the convenience of online conferencing.
Add up all these factors and it is easy to see why web and video conferencing are approaching the level of mass acceptance.
If you are not taking advantage of online conferencing today, there is a good chance that you will be tomorrow.
About MegaMeeting.com
MegaMeeting.com is a leading provider of 100% browser-based Video & Web Conferencing solutions, complete with real time audio and video
capabilities. Being browser based and working on all major operating systems – Windows, Mac & Linux; MegaMeeting.com provides universal
access without the need to download, install or configure software. MegaMeeting.com web conferencing products and services include powerful
collaboration tools that accommodate robust Video & Web Conferences, including advanced features such as desktop/application sharing, i.e.
Word and Excel documents and PowerPoint presentations without the need to upload any files. MegaMeeting is ideal for multi-location web
based meetings, virtual classrooms, employee trainings, product demonstrations, company orientation, customer support, product launches and
much more.
For more information please visit www.MegaMeeting.com or call (818) 783-4311.
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