Video Conferencing Solutions: The Key to Boost Business Productivity
Things have significantly changed after the pandemic. What was once deemed to be impossible has become so much common nowadays. If you are wondering what we are talking about, then we are talking about video conferencing and video calls.
Video conferencing has unlocked many different opportunities for industries, whether it is education institutions or the tech industry. With robust and highly available video conferencing solutions, professionals from any corner of the world can connect and discuss over meeting agendas. This is the beauty of advancement in technology.
Are you wondering whether video conferencing apps can improve your business productivity? Well, then, this blog is for you to clear all your doubts.
What is Video Conferencing?
Video conferencing is a method of communication between two or more parties through an internet connection. It uses real-time audio and video technology to prepare a virtual (online) environment for people to share and connect face-to-face.
Video conferencing provides immense opportunities for businesses. Participants can connect remotely and conduct meetings, seminars, and other events irrespective of their geographical location. From job interviews to in-house department meetings, it is an efficient and cost-effective way of communication for businesses.
Video conferencing has proved to be a boon for businesses that have global clients or expanded industries across several countries. Video meeting apps make it easier to collaborate, discuss ideas, and share files with real-time in-built features.
How Video Conferencing Solutions Increases Business Productivity?
According to Grand View Research, the global video conferencing market was $10.03 billion in 2023, and it is estimated to grow at a rate of 9.4% CAGR between 2024 and 2030. Let’s understand the reason that makes the video conferencing apps so valuable:
1. Cost-Effective
Video conferencing platforms greatly help businesses reduce multiple costs. They provide a collaborative environment, giving team members an in-person meeting experience. They eliminate the need to travel from one location to another, especially for in-house business meetings, and save significantly on travel expenses.
Instead of spending money on air or train tickets for employees, businesses can utilize it in other areas of improvement and increase performance.
Video conferencing solutions will also make your employees tech-savvy, allowing them to work from anywhere if needed. It also helps you extend your remote workforce, gather skilled professionals across the world, and save the cost of operations required to work from the office.
2. Enhanced Flexibility
Global businesses often face challenges while maintaining work coordination among employees and gathering together for physical meetings. Online video conferencing makes working faster and more flexible as employees enjoy the freedom of joining official conferences from the comfort of their homes and respective locations.
Web video conferencing allows businesses the flexibility to encourage meeting attendance records, create online presentations, and record sessions for non-attendees. Moreover, in a stress-free and flexible environment, employees can explore new ideas and opportunities.
3. Easy Presentation Features
Online meeting platforms allow you to put on your camera and share your device screen simultaneously. It is easy to present official data, reports, and statistics without hosting sessions in person.
Businesses can review drafts and projects, incorporating corrections in the ongoing virtual discussion and avoid confusion in case of emails or written communication.
Self-hosted video conferencing allows business employees to manage resources, review real-time progress, and keep pace with others working on the same project. It improves coordination and increases accuracy.
4. Advanced Integration Tools
Business employees may often require other integrated support like video presentations, displaying statistical data, or streaming clips from the cloud for their online meetings.
MirrorFly provides web-based video conferencing solutions that allow you to integrate application-oriented tools directly into your video calls. Whether it is your project presentation before higher authorities or a group discussion with team members, it is an easy and excellent way of expressing multiple ideas within a single UI.
5. Location Independence
Businesses remotely working can enjoy the extended benefits of web conference solutions. Along with hiring local employees, companies can recruit professional and experienced talent from all across the globe without any geographical barriers.
Video calling APIs ease the process of connecting and managing work across borders, providing location independence. It not only helps companies to diversify their cultures but also builds a strong workforce with industry experts in several nations.
6. Streamlined Collaboration
Video conferencing solutions can run on any device and are seamless to operate from anywhere. They streamline collaboration within an engrossed workforce working while in the office or remotely at home.
Not just audio and video accessibility, but online meeting platforms also allow participants to examine work, edit documents, and discuss thoughts regardless of their smart devices and time zones. It provides a clear and better understanding of concepts as compared to telephonic or written communication.
7. Enhanced Concentration
Live web meetings often require employee participation and careful listening. Sometimes, participants have to present, address, review, or even conclude a discussion. Video calling makes employees more aware, alert, and responsive during the meeting.
It is also beneficial to admire outstanding efforts, show interest in the task, and express kind gestures during meetings with office staff or clients of different organizations.
8. Better Management
Online group video conferencing enables centralized employee management. Remotely operating companies often conduct standup video meetings twice a day to determine employees’ work status and monitor their progress. This practice also improves relations between managers and employees. Managers may ask participants to screen their work or share their ongoing tasks in a video conference.
9. On-time Task Deliveries
Communication via mail or phone calls may often delay the task, leading to inaccuracy. Web video conferencing ensures timely deliveries of the task assigned as it is quick and responsive. For real-time monitoring and result statements, businesses can also schedule timers for online meetings and train employees with strict time restraints.
Video conference APIs also include chat facilities for participants to connect better and conclude faster. For instance, MirrorFly provides efficient online meeting solutions with in-built chat and call APIs, live streaming, web hosting servers, and JMeter API testing. Our video conferencing APIs and SDKs support 1000+ features to provide holistic solutions to improve collaboration and ensure seamless connectivity.
10. Environment Benefits
Video conferencing helps save a lot of energy. Expert studies have suggested that online meetings can avoid millions of tons of carbon dioxide emissions. Imagine not taking a flight to another country to conduct a business meeting but rather discussing the agendas over a video conference at a time convenient to the professionals’ respective time zones. You save money, time, and the environment as well.
Video conferencing tools support online documentation and eliminate the use of paper, thereby contributing to the environment. Business companies often provide water bottles for their physical meeting attendees. Web conferencing platforms do not need this facility and reduce plastic disposal in the environment.
11. Strategic Work-Life Balance
Several global organizations have permanently moved to remote or hybrid working cultures during COVID-19. A recent survey has concluded that around 83% of business companies who have shifted to remote working believe they have become highly productive. It has helped their employees work faster and better.
Online conference APIs and tools have been significant in driving the shift from physical to remote/hybrid working. Business employees are capable of comfortably conducting meetings, organizing seminars, and performing team project analysis. This not only encourages work-life fit but also reduces stress, improves employee health, and credits job satisfaction, benefiting business organizations at large.
The Bottom Line,
Video conferencing solutions enhance business & employee productivity, streamline workflow, and improve efficiency.
As we have discussed multiple benefits of video conferencing technology in business management, we suggest you choose an online meeting platform that satisfies your business requirements.
Opting for MirrorFly video chat API & SDK offers extended functionalities, such as real-time chat, HQ voice calls and HD video calls. You can boost your business growth, encourage employee participation, and promote a collaborative working culture by implementing a strategic video conferencing solution.