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: Telepresence Could Save Business $19 Billion by 2020



From: Thomas Miner, Matter Network, More from this Affiliate
Published June 25, 2010 09:12 AM

Telepresence Could Save Business $19 Billion by 2020

According to a new study of large companies using telepresence technology, U.S. and U.K. businesses that substitute some business travel with telepresence can cut CO2 emissions by nearly 5.5 million metric tons in total — the greenhouse gas equivalent of removing more than one million passenger vehicles from the road for one year — and achieve total economy-wide financial benefits of almost $19 billion, by 2020.

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Telepresence is a rapidly growing and increasingly popular technology that enables groups of people to meet and collaborate in multiple locations worldwide while feeling as if they were all in the same room together.

The study, "The Telepresence Revolution," was commissioned by the Carbon Disclosure Project (CDP) and sponsored by AT&T.

Other conclusions of the study determined a business with $1 billion or more in annual revenue implementing four telepresence rooms could:

1. Achieve a financial return on investment in as little as 15 months;

2. Save nearly 900 business trips in the first year of using telepresence; and

3. Reduce emissions by 2,271 metric tons over five years—the greenhouse gas equivalent of removing 434 passenger vehicles from the road for one year.

The study also revealed that telepresence technology can help speed decision-making, improve employee productivity, and provide workers with a better work-life balance.

Article continues: http://www.matternetwork.com/2010/6/telepresence-could-save-business-19.cfm

Link to the Telepresence Revolution

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