Just a decade ago, the idea of conferencing via video seemed like a pipe dream. Conference calls appeared to be the most effective method of collaboration for global organizations. My, how things change.
With the advent of videoconferencing technologies, many businesses have seen the benefits of virtual meetings—attention spans are lengthened, nonverbal expressions aren’t missed, and employees are happier. Here are 13 reasons that videoconferencing will continue to be the preferred method for global business communication.
- 70 percent of employees prefer videoconferencing over having to travel to a physical meeting. (PGI) (Tweet this)
- This makes sense, as 75 percent of executives predict that videoconferencing will ultimately supersede conference calls. (PGI) (Tweet this)
- 65 percent of UK CIOs believe that desk phones will cease to exist within the next five years. (Vanson Bourne) (Tweet this)
- The global market for videoconferencing is predicted to hit nearly $3.6 billion dollars in 2016. (Ovum) (Tweet this)
- Video-based computer interactions aren’t simply a fad—the world made 1.8 billion hours worth of Skype calls last year, proving that it is here to stay. (Microsoft) (Tweet this)
- It’s not just employees and managers that love videoconferencing -- 56 percent of CFOs prefer spending budget on videoconferencing as opposed to devoting their resources to travel expenses. (PGI) (Tweet this)
- And no wonder—organizations that utilize videoconferencing have realized a 30 percent savings in travel-related expenses. (PGI) (Tweet this)
- Identically, 87 percent of executives under the age of 35 prefer to work for a company that has videoconferencing capabilities over ones that don’t possess that capacity. (Cisco) (Tweet this)
- Videoconferencing gives candidates a better chance to express themselves, as 66 percent of those applying for jobs desire video interaction while being interviewed. (PGI) (Tweet this)
- 87 percent of employees not physically present for a meeting report feeling better engaged with their colleagues through videoconferencing. (Gigaom) (Tweet this)
- The attention span of employees on video calls is 50 percent longer (35 minutes) than conference calls (23 minutes). (PGI) (Tweet this)
- 95 percent of employees believe that face-to-face interaction allows for more thorough collaboration. (BlueJeans) (Tweet this)
- Worried about the cost? No need to invest in tons of expensive equipment—half of all videoconference calls will originate from a cellular device as early as next year. (Gan Conferencing) (Tweet this)