We already know that video conferencing is a great way to reduce costs. Now, a study by the Telework Exchange shows that Federal workers could save up to $8 billion annually by using video conferencing.
The report suggests that even a 50% adoption rate of video conferencing by federal employees would result in 3.5 hours per week in productivity savings, or about$8 billion per year. 92% of survey respondents said increased video conferencing would save tax dollars, and 84% of respondents expect video conferencing usage to increase in the next 5 years.