There are pros and cons to video conferencing and having meetings online. A few pros of online meetings include saving on money, eliminating barriers of location, simplifying logistics and speed of communication. The other most prominent benefit of online meetings is instantaneous communication. Because meetings are held online, they can be organized and attended almost instantly which helps reduce decision times for large companies.
In contrast, physical meetings though expensive, are far more interactive and can sometimes be a lot more productive and intimate. In a physical meeting, an attendee is able to receive physical and visual cues with ease which is not always possible on a video conference. One of the biggest cons of physical meetings is that they take time to plan and orchestrate and there are a lot of physical and monetary constraints when it comes to travel and location.
Using technology can help save money. This is a mantra for large multinational corporations as they are constantly striving to increase operational and commercial efficiency. This is one of the reason why they have welcomed the prevalent use of video conferencing with open arms.
Another sector that has taken to video conferencing solutions, is the medical industry. For medical experts, video conferencing allows them to treat patients that are physically far away. It allows surgeons to operate remotely and it enables a flow of information between practicing professionals who use this software to share their research and experiences. Amongst other industries that have benefitted from this technology are the broadcast media, who use it to cover live events or to connect with operations in different parts of the world.
People have also taken to using video conferencing free to stay in touch with each other. It has also helped people access international educational resources from the comfort of their own home. Perhaps the most important pro of video conferencing is that is has figuratively made the world a smaller place. It has digitally bridged vast distances and brought people closer together.