What is Conferencing?

Conferencing allows workgroups or individuals in different places to communicate and meet easily and efficiently without regard to the distances involved. Companies or individuals may use any one of four basic types of conferencing: audio, video, data and web conferencing. These different methods can even be combined for more effective communication. Benefits of conferencing include:

• Improved decision making- critical decisions are made in a more timely manner because meetings can be pulled together at a moment's notice.

• Reduced travel costs- Conferencing allows groups to meet no matter where they are located - without the need for costly travel.

• Improved communication- With conferencing, all involved hear the same message at the same time, resulting in improved communication with investors, analysts, the press, employees, or any group.

• Increased employee productivity- Because employees are not spending time in airports, on the road, or travelling to and from a meeting, or even recovering from 'jet lag', they are able to be more productive at work.

• Shortened time to market- Rather than sending documents back and forth for comments and approvals, work groups can review the same documents or designs at the same time.