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Teleconferencing services is the advance technology which is specially designed to facilitates the business firms. Hence, business organizations of almost all the sizes are widely using this technology to manage and enhance their businesses.

Over the past few years, travel-related costs like lodging, airfare, meals are increasing at such a fast pace which is greater than that of inflation rate. Therefore, it turns the meetings an inefficient and costly way to conduct business, particularly when participants must travel a great distance. Hence, an alternative meeting format called teleconferencing may be a solutions which makes the travel budget static or decreased.

Teleconferencing is an advance and effective business communication tool. Nowadays, many organizations are using this technology to sell/buy the products and services. They also advise customers and vendors, conduct research, teach new business applications and implementation of modern theories. Thus, teleconferencing has widely helped the business firms to emerge as an active trade association on the global ground.

Teleconferencing facilitates an active interactive group communication, together under one roof. Distance can never prove to be a hindrance even though they're separated by hundreds of miles. It connects three or more business clients, customers and other business personnel through an electronic medium. Thus, it saves time and traveling cost of the company.

Today, teleconferencing is used in many ways. There are three basic type of teleconferencing services which are commonly accelerated by the business firm. These includes web conferencing, audio conferencing and video conferencing. The web conferencing helps business communication through keyboard terminals. Video conferencing is television like communication which is further augmented with sound. Lastly, audio-conferencing, which facilitates verbal communication via the telephone with optional capacity for typewriting.

The telephone conferencing services are broadly used in all the diverse areas such as health care, aerospace, government, pharmaceuticals, education, insurance, finance, banking, manufacturing, etc. It tends to benefit these sectors with various services which includes audio conference round tables on applications and implementation It also offers workshops and special events for popular seminars.

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