Effective communication is an essential component in team and organizational success. This boils down to communication skills and the communication channels used. In companies where leaders have excellent communication skills, shareholders earned 47% more over five years.
On the other hand, poor communication, which includes ineffective channels, reduces productivity, thus costing companies an average of $62.4 million annually. Businesses can improve how they communicate internally or with partners and clients by using audio visual technology and Voice over Internet Protocol (VoIP).
This technology uses high-speed and high-bandwidth digital networking, which allows phone calls to be routed automatically between phones and computers. In turn, the quality of calls and the effectiveness of communication is improved while reducing communication costs. Compared to traditional phone systems, VoIP will cost you 40% less.
Audio visual technology is applicable in virtually all industries. However, if you are in any of the following sectors, having an audio visual system is just as important as the service you sell.
In the manufacturing sector, organizations are composed of several departments scattered throughout the facility, and more often in different locations. Whichever the case, all these departments are interconnected and need to coordinate effectively for operations to run smoothly.
With audio visual installations set up in all the sites, your team can use features such as instant messaging, file sharing, advanced call management, and video conferencing, which will help with decision making. This technology will make your plant more flexible and boost scalability.
Success in the financial sector is all about controlling the little margins, saving every last possible cent, or making that extra cent makes all the difference. To achieve this, financial institutions must have the highest levels of efficiency and coordination. This is challenging, especially for multinationals that have teams in different time zones.
With audio visual technology and VoIP, financial institutions can ensure that even despite the time and distance barriers, employees are always on the same page. In addition to being the perfect communication solution, VoIP does not require a substantial upfront investment or significant maintenance costs.
VoIP also has additional features that are suitable for the finance industry. They include:
- The find/follow me feature.
- Voicemail to email.
- VoIP mobile apps.
These features enable team members to reach one another and communicate securely at all times. With VoIP, phone systems can also be integrated with accounting software, enabling easy access to financial information.
The better part of a real estate agent’s workday involves a lot of traveling to showcase listings to potential buyers and plenty of time on the phone negotiating and coordinating with their home office and clients. This is tiresome, ineffective, and restrictive as there are only so many listings you can show in a day.
However, with audio visual technology and VoIP, a real estate agent can achieve a lot more in a fraction of the day at a much lower cost. This is because, with audio visual technology, realtors can showcase listings to clients who are not even in the same city. The cheaper call rates of VoIP also help reduce the cost of long-distance calls.
The brain can process visual information 60,000 times faster than text. As such, audiovisual installations in learning institutions can improve the experience for learners. It will improve comprehension and help them understand concepts quicker.
Also, learning institutions such as universities are expansive and have many faculty and staff. An audio visual integration system specialist can streamline communicating in such a way that meetings can be conducted via video conferencing.
Is Audio Visual Technology Worth It?
The primary objective of organizations is generating profits for their stakeholders. To achieve this, product development and service delivery must be done cost-effectively, efficiently, and on time. All of which is unachievable if information does not reach members of your team on time. With an audio visual system, communication will be easier, cheaper, and, most importantly, effective. As a result, your company will be more productive.