According to Computer Economics, 55% of businesses are cutting travel expenses in expectation of lower revenues driven by recession.  In addition to using video conferencing and collaboration tools, for larger meetings, web seminars and video webcasts are an effective way to eliminate travel expense while stil maintaining good company communications.

Computer Economics reports other cost-cutting moves include not back-filling open positions (40%), eliminating contract workers (33%) and cutting staff (17%). If your company is doing more with less, when your looking at webinar/webcasting solutions it makes sense to look for managed solutions – this both helps ease your workload and saves you time since you can leverage their expertise.

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Tags: travel