Video Conferencing
Nothing beats a handshake and a smile. But how much is that handshake costing your company? Maybe the smile is enough.
If you’re someone who frequently visits other offices, chances are you’re doing it for the face time. Your role may require interaction with employees or clients working in a remote office. Sure you talk on the phone often and exchange emails throughout the day. But these are impersonal and often don’t convey the intended message. Communications experts say that 55% of our communication is non-verbal. So speaking face-to-face regularly is important. Consider video conferencing as a lower-cost alternative to travel.
Video Conferencing Today
Video Conferencing is nothing new. But recent advancements in technology now enable more capabilities at a lower cost than was previously available. Technological advancements have turned simple video conferencing into tele-collaboration. You still can’t shake someone’s hand through a video conferencing session. But you can do almost everything else you do in a face-to-face meeting.
The inception of the Mondopad has taken video conferencing to a new level. Sure, you still get full motion video and audio in real-time just like any video conferencing system. But there are some additional features it provides:
- Display PowerPoint, Excel, Word and PDF documents to your remote audience.
- Annotate and “mark-up” those documents using the touch screen.
- Use the whiteboard app to draw diagrams or capture notes.
- All meeting attendees using a Mondopad can also participate in the drawing/annotating.
- Lower total cost of ownership than enterprise video conferencing systems.
- Able to connect with almost all other systems.
Return on Investment
Before you invest in a Mondopad or any video conferencing solution, do some math. If you frequently fly between cities you can probably save a lot of money by video conferencing instead. You may not be able to completely eliminate the travel, but you should be able to reduce it considerably. To determine how much you can save, consider the hard and soft costs of your trips. Hard costs are your travel-related expenditures including air and ground transportation, meals, hotels, etc. Soft costs are the intangible losses. These may include loss of revenue from important tasks that are not getting done or phone calls that are not being answered while you’re traveling. You may not be able to put an actual value on those, but try. When you add it all up over the course of a year you may find video conferencing to be a fraction of the cost.
In addition to the savings from traveling less, there is another intangible economic benefit. Having video conferencing capabilities in your office and available to your employees at any time means they don’t have to leave the office to share a whiteboard with someone remote. They can hop on their Mondopad, connect with remote offices, clients or vendors and start sharing ideas whenever the need arises. Communication and collaboration increase significantly. With increased collaboration comes increased productivity. And we all know what increased productivity does to the bottom line.
The Next Step
If you’re looking for ways to reduce travel and Mondopad sounds like something you’d like to explore further, contact us. We’ll be happy to discuss your needs and help you decide if Mondopad is right for you. Give us a call at 303.728.9647 or use the form on the right.