Initially delivered as an immersive virtual meeting experience to improve collaboration, accelerate decision making, implement green strategies, and reduce travel expenses, Cisco TelePresence now provides experiences that go far beyond meetings. Cisco today introduced two new applications to take Cisco TelePresence well beyond meetings. The first application transforms rooms into high-definition recording studios with simple one-button-to-push controls to create and publish content. The second application makes it easier for event managers to produce via Cisco TelePresence large-scale events, such as company meetings, seminars or keynote addresses. This new suite of Cisco TelePresence products and applications broadens video capabilities across the Cisco collaboration portfolio .
In a new study conducted by Crimson Consulting Group, global companies reported fast return on investment (ROI) times and transformed business processes from Cisco TelePresence. Participants in the Cisco-commissioned study reported achieving breakeven in an average of 14 months, with some companies achieving breakeven within six months -- enabling one company to fund additional units solely from travel budget savings without tapping the IT budget. The ability to conduct real-time, face-to-face meetings over the network is changing the way companies do business across many industries, helping them streamline processes, make decisions faster, and conduct more business without leaving the office.