Video Conferencing
Videoconferencing can enable individuals in faraway places, or even across town to have meetings on short notice. Time and money that used to be spent in traveling can be used to have short meetings. Technology such as VoIP can be used in conjunction with desktop videoconferencing to enable low-cost face-to-face business meetings without leaving the desk, especially for businesses with wide-spread offices. The technology is also used for telecommuting, in which employees work from remote location.
Videoconferencing is now being introduced to online networking websites in order to help businesses form profitable relationships quickly and efficiently without leaving their place of work. This has been leveraged by banks to connect busy banking professionals with customer in various locations using video banking technology.
