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AIRLINES’ PAIN IS VIDEOCONFERENCING’S GAIN AS
COMPANIES SCRAMBLE TO CUT TRAVEL
COSTS
New York –July 17, 2008--- As companies
slash travel budgets in the face of higher travel costs and a softer
economy, they're increasingly adopting technology that enables employees
to collaborate face-to-face without boarding a
plane.
The businesses that make such technology,
such as Polycom
, SONY and
Tandberg ,
are seeing profits from videoconferencing soar alongside the price of jet
fuel and gasoline.
Only 1 company represents these 3 major
manufacturers:
DIRECTVIEW
VIDEO TECHNOLOGIES, INC. 888-704-8700
With oil prices hitting an all-time high
of $146.91 per barrel in July, DirectView has been hearing
customers talk more in recent weeks about using video conferencing to
avoid travel. They have serviced companies around the world since
1996. They have serviced clients in all sectors including Trump,
Burger King, Coca-Cola, AT&T, the US Navy and many
more.
As part of an effort to cut travel costs
by 10 percent, staffing services company Manpower Inc has ramped up use of
its videoconference equipment in the last couple of months, said Allan
McKisson, a vice president of human resources at
Manpower.
"It used to be, when you can
videoconference, do it. Now it's do videoconference first, or maybe don't
have the meeting," said McKisson, who must approve his direct reports'
travel requests.
In companywide e-mails, office furniture
maker Herman Miller Inc has encouraged employees to use videoconferencing
in addition to conference calls and car-pooling to cut operating costs,
spokeswoman Susan Koole said.
"Herman Miller is really encouraging its
employees to ask if their travel is truly necessary," Koole
said.
HIGH
ANXIETY
This anxiety over oil prices has
translated into improved results for videoconference equipment
makers.
Sales of Polycom's high-end technology,
which aims to make international colleagues feel like they're in the same
room, grew about 58 percent between the fourth quarter of 2007 and the
first quarter of 2008, Kourey said.
MONEY
SAVED
Reducing travel for intracompany meetings
can yield substantial savings.
One Polycom client, News Corp subsidiary
EasyNet, found that videoconferencing had enabled it to cut travel
spending by 35 percent after it compared the three months before and the
three months after its introduction, said Mike Ayres, an EasyNet business
development director.
Accounting firm Deloitte LLP, which has
bought Polycom's high-end product, has found that the quality of the
latest systems induces employees to actually use them, said Larry Quinlan,
the firm's chief information officer.
"People say it's lifelike; it's almost
like being there," he said. "The clarity of the high-definition image is
like watching football at home." (Reporting by Helen Chernikoff, editing
by Gerald E. McCormick)
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apologize if you have received this mailer in error. If you no longer wish
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Raton, FL 33433
TEXT ONLY EQUIVALENT
AIRLINES’ PAIN IS VIDEOCONFERENCING’S GAIN AS
COMPANIES SCRAMBLE TO CUT TRAVEL
COSTS
New York –July 17, 2008--- As companies
slash travel budgets in the face of higher travel costs and a softer
economy, they're increasingly adopting technology that enables employees
to collaborate face-to-face without boarding a
plane.
The businesses that make such technology,
such as Polycom
, SONY and
Tandberg,
are seeing profits from videoconferencing soar alongside the price of jet
fuel and gasoline.
Only 1 company represents these 3 major
manufacturers:
DIRECTVIEW
VIDEO TECHNOLOGIES, INC. 888-704-8700
With oil prices hitting an all-time high
of $146.91 per barrel in July, DirectView has been hearing
customers talk more in recent weeks about using video conferencing to
avoid travel. They have serviced companies around the world since
1996. They have serviced clients in all sectors including Trump,
Burger King, Coca-Cola, AT&T, the US Navy and many
more.
As part of an effort to cut travel costs
by 10 percent, staffing services company Manpower Inc has ramped up use of
its videoconference equipment in the last couple of months, said Allan
McKisson, a vice president of human resources at
Manpower.
"It used to be, when you can
videoconference, do it. Now it's do videoconference first, or maybe don't
have the meeting," said McKisson, who must approve his direct reports'
travel requests.
In companywide e-mails, office furniture
maker Herman Miller Inc has encouraged employees to use videoconferencing
in addition to conference calls and car-pooling to cut operating costs,
spokeswoman Susan Koole said.
"Herman Miller is really encouraging its
employees to ask if their travel is truly necessary," Koole
said.
HIGH
ANXIETY
This anxiety over oil prices has
translated into improved results for videoconference equipment
makers.
Sales of Polycom's high-end technology,
which aims to make international colleagues feel like they're in the same
room, grew about 58 percent between the fourth quarter of 2007 and the
first quarter of 2008, Kourey said.
MONEY
SAVED
Reducing travel for intracompany meetings
can yield substantial savings.
One Polycom client, News Corp subsidiary
EasyNet, found that videoconferencing had enabled it to cut travel
spending by 35 percent after it compared the three months before and the
three months after its introduction, said Mike Ayres, an EasyNet business
development director.
Accounting firm Deloitte LLP, which has
bought Polycom's high-end product, has found that the quality of the
latest systems induces employees to actually use them, said Larry Quinlan,
the firm's chief information officer.
"People say it's lifelike; it's almost
like being there," he said. "The clarity of the high-definition image is
like watching football at home." (Reporting by Helen Chernikoff, editing
by Gerald E. McCormick)
We
apologize if you have received this mailer in error. If you no longer wish
to receive our mailings please reply with unsubscribe me in the subject
line. Should you not wish to unsubscribe we will assume you wish to stay
informed. Thank you.
DVTI 7700 West Camino Real, Boca
Raton, FL 33433
