HB Blog

Insights from the leadership at HB on technology and culture

Today’s Videoconferencing Systems Are For All

on July 15, 2015

Modern videoconferencing systems can be modified for businesses large and small, across every industry, including the non-profit space, as well as organizations with high security and privacy concerns. Let’s discuss how small, medium, and large companies from diverse industries are taking advantage of all this technology has to offer.

Videoconferencing Takes Banking to a New Level

Building a relationship of trust and an environment of stability is vital for banks to have a sustained customer base. The advantages of videoconferencing have enticed banks and other financial institutions to include it in their business practices to reach their goals. Through video collaboration solutions, banks have conducted effective training sessions across geographic borders, conducted face-to-face meetings with employees and customers from various locations, and even used it to give customers’ access to financial and investment experts. All these situations help banks build trust with their clients and associates, and have seen consumers become accustomed to taking their sensitive financial information “online.” While this may result in bank branches closing, it has increased the efficiency of banking as a whole.

Videoconferencing as a Teaching Aid

The education field has also embraced the benefits of videoconferencing. The technology allows students to interact with teachers in less traditional classroom spaces. Plus, students easily access a more specialized group of educators across the globe for a richer, broader learning experience. The video tools can also be used to hold virtual field trips, record lessons and lectures for future access, and allow parent-teacher meetings in remote locations.

Videoconferencing in Prisons

Videoconferencing has even found a place in prisons. The technology has been used to allow prisoners to appear in court during times when there is no escort available. In India, where 62 different prisons started using videoconferencing, the inmates also gain access to therapists and counsellors, and have meetings with lawyers and judges who may be scattered across the globe.

Types of Videoconferencing Solutions

To understand how videoconferencing can help your organization, it’s best to know the various types of video solutions that are available. Taking a look the different features and benefits will help you to choose a solution that best suits your company’s needs.

Immersive Telepresence. Immersive Telepresence is one of the most popular forms of video collaboration used by large enterprises. Large screens displaying life-size images, cameras set at eye level, and advanced acoustics providing excellent sound quality, ensure this form of videoconferencing simulates live meetings as closely as possible. More sophisticated and innovative technology such as 3D and holographic images, can create uniquely immersive experiences.

Room-Based Videoconferencing. Room-based systems, also known as integrated room conferencing, are commonly seen in conference rooms and boardrooms. They are also a popular choice for classrooms, and other venues which have multiple participants. While screens for room-based systems are usually mounted on walls, many vendors do have the option to provide portable screens that are rolled out on carts.

Desktop Videoconferencing. A popular choice for the workplace, for obvious reasons, is desktop videoconferencing. It can be conveniently used for conducting meetings or training sessions with employees right at their desks. In addition, the video tools can be used on laptops, smartphones, and tablets. Organizations need a reliable network and enough bandwidth to make this option scalable.

Hybrid Videoconferencing. To give businesses the best of everything, vendors also offer a hybrid solution that combines the elements of software-based and on-premise videoconferencing. This is a unique way to cater to an organization’s varied needs and make the best use of the applications. For instance, room-based and telepresence videoconferencing often overlap, and this solution allows participants to benefit from both technologies.

Each individual organization needs to decide which videoconferencing solution is the best fit for their company, and industry, keeping in mind security and privacy issues. The decision should be based on budget considerations, the needs of the organization, and how the technology will be used. Videoconferencing is no longer just for the huge enterprises and big tech companies anymore, but has found a permanent place in the overall business world.