According to a recent USA Today article, video conferencing helps cut travel costs. The article notes that airlines and hotels are “spooked,” as more companies continue to invest in the technology.
It’s no wonder: In 2008 the global video conferencing market grew 24% to $2.4 billion, according to Roopam Jain, a technology analyst at Frost & Sullivan. The firm forecasts the market will more than double, to reach $5.7 billion by 2013. Is your company using telepresence or video conferencing yet?