Managed services companies can help businesses cut videoconferencing costs

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Managed services companies can help businesses cut videoconferencing costs

According to the results of a recently completed but unreleased survey by Frost and Sullivan, the videoconferencing market is set to follow its big growth year in 2010 with larger revenue increases over the next half decade.

By 2015, the videoconferencing industry is expected to grow annually by 19 percent to become a more than $500 million market. This increase would more than double the $225 million in total revenues providers saw in 2010.

In addition, the business research and consulting firm suggests that while videoconferencing still represents a high cost to employers when compared to other methods of communication, this factor is likely to become less of an inhibitor in the coming years. For instance, Frost and Sullivan indicated that European companies that chose to secure videoconferencing and telepresence services from the same provider saw savings of up to 20 percent.

In addition, the report also indicated many small to medium-sized businesses are outsourcing the operation of these systems to reduce costs. This option can be a great way for business looking to cut costs in the short-term while also ensuring they reduce their communications and travel costs in the long run. For example, by working with a VoIP business phone provider that can install these systems and help train employees in how to best use the technology, owners could reduce the burden they put on their workers during this transition.

By working with a provider of San Francisco or Chicago business phones that can also help companies secure cloud computing solutions and video conferencing, owners can ensure their business’ equipment continues to progress ahead of the competition while gaining the tools they need to increase productivity.

Article on: Managed services companies can help businesses cut videoconferencing costs

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According to the results of a recently completed but unreleased survey by Frost and Sullivan, the videoconferencing market is set to follow its big growth year in 2010 with larger revenue increases over the next half decade.

By | 2011-11-29T16:11:34+00:00 November 29th, 2011|Data Solutions|0 Comments

About the Author:

As Chief Executive Officer of CTI Technology, my responsibility is to create an organization that transcends in employee culture, vision, and market positioning in a rapidly-changing technology industry. My passion is to guide and come alongside new leaders, helping them become tomorrow’s rock stars. My life’s mantra is to MAKE IT HAPPEN; I will do just that.

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