Monday, June 21, 2010

Study finds teleconferencing cuts business costs, reduces carbon emissions

This study is right in line with my strong interest in utilizing advanced telecommunications infrastructure to shrink time and space and reduce the human and economic cost of physical travel. In a boom and bust economy that's been busted for the past three years, businesses are clearly interested in reducing travel expenses. If they can do so while reducing their carbon footprints, it's an added bonus.

Note this study only took into account corporate travel costs. But consider also the potential savings in time, money and fuel costs for small businesses (small businesses have travel expenses too) and for currently commuting employees of who could teleconference with managers and co-workers instead of idling on congested highways, stressed out hoping they can make a meeting at a distant office on time (while meanwhile contributing to the global obesity crisis).

This will take a massive revamp of telecommunications infrastructure to bring fiber to their homes. But it too could have an added bonus. With the time they save by avoiding a commute to the office, they could go to the gym or engage in their favorite form of exercise. Smaller carbon footprint, smaller belly, less stress, better quality of life.

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