The ROI of Telepresence Technologies

flickr

There are a quantity of elements to contemplate relating to the technologies and the effectiveness of Telepresence. The extended query is what elements ought to be involved in evaluating the Return On Investment (ROI)? What will be your total expense of ownership = (initial equipment buy x licensing price x labor x upkeep and upgrades) divided by the expected lifespan of the program.

Let’s face it, a number of of the big dog vendors in the market place would love to see you devote a number of hundred thousand dollars setting up a program, purchase more network equipment to handle the giant chunks of bandwidth that these systems consume and pay heavy annual license charges. But if you are on a tight budget, you want a lot more flexibility and functionality for your dollars. No mater if you’re a large corporation or a tiny enterprise, deciding on a Telepresence solution is about how you do company not some vendor telling you how to match their stuff into your processes.

A assessment of what is some of the considerations for why you would use Telepresence
? Speed up solution improvement cycles and shorten time-to-market
? Reduce travel expenditures
? Make far more cost-efficient use of billable employee time
? Improve hiring decisions from wider and deeper recruiting
? Enhance function/life balance and larger employee retention
? Raise employee satisfaction thru more quickly decision creating
? Access authorities or personnel in remote locations much more easily
? Expand solutions to a wider consumer base
? Boost communication with house workers, clients, partners and suppliers
? Increase the atmosphere with reduced hydrocarbon emissions, lowered fuel consumption, and less site visitors congestion
? Allow personnel to function fully from their desk with no having to go to a conference space

Return on investment
Most importantly, the essential consideration of ROI is that the folks who will use the system and components have to want to use the tools. The basic of a great return is that the management team has a powerful acquire-in and that they use the technology also. I constantly talk about leading from the front and this is a ideal chance for management to set the example of increasing efficiencies and cutting price.

A simple matrix
The Telepresence technology answer to what your business will require can be complicated based on the kind of business and what you wish to achieve. This abridged matrix will get the grey matter churning with regards to your assessment of wants and then calculating the ROI. The ROI math need to have not be complex because most business web sites will remind you of the easy formula:
ROI% = (Total Expense Savings – Total Expense) divided by Total Expense x one hundred

In addition, you might want to think about a platform or service that not only gives the bigger space presence but also has multifunctional desktop connectivity, application collaboration and other video capable solutions. Typically there are numerous technologies used to converge these tools. Think about a single platform that is IP driven and gives Enhanced Performance, Improved Productivity and Improved Income.

An Abridged ROI Matrix

Every single category ought to answer across the top: Cause Why? Price Expense Savings
Technologies Factors
Widespread Space
Desktop -Browser Based
High Definition
Applications Collaboration
VoIP
Service based or wholly owned
Multi-Video Application Environment
Bandwidth Needs to all or any location and Expense
Organization Factors should answer arcoss the prime: Description Expense Expense Savings/ Advantages
Air Fare
Hotel
Car Rental
Trip Dead Time (non-productive)
Consumer Interface Time Vs Travel to Meetings
Workflow Motives need to answer arcoss the leading: Description Cost Expense Savings/ Positive aspects
Transit from Workstation to Conference Space
Setup resources Vs Getting all at Desktop
Meeting Preparation Time

A initial order summary of Telepresence ROI for your organization is based on an comprehensive evaluation of your workflow processes, the number of folks who have to travel as small as 5 miles for a meeting, understanding who is participating, what are the expectations of the expertise, if Telepresence is a company tool or an ego booster and will the tool be employed from the management team throughout the distributed workforce?

The information prove out that Telepresence Technologies is cost powerful for most enterprise environments. The company issue in deciding the technologies service to use is the ROI. Making use of a competent consultant to evaluate your requirements is the greatest way to make sure that you will have a profitable implementation and efficient ROI.