Moving products to market quickly is the key to success for many pharmaceutical companies. Shortening the product development cycle ensures that companies benefit from the limited patent life that is typical for new drugs, and are compensated for the costs that are incurred during the developmental phase. Unified Communications (UC) solutions, including visual collaboration technology, enable communication with remote parties, creating the effect that all participants are sitting face-to-face, at the same table or in the same room.
UC solutions allow pharmaceutical companies to develop drugs sooner by:
- Enabling face-to-face communication with remote parties during the crucial drug trial process.
- Enhancing the quality and speed of decision-making, resulting in a reduction in travel related time and expenses.
- Facilitating training, project reviews, and remote trial observation.
- Allowing experts to collaborate more frequently with global subsidiaries.
- Facilitating the ability of researchers and others participants to hold meetings with physicians, patients and government agencies.
- Allowing all parties involved in the trial process to collaborate efficiently, and receive instant feedback.
The real time collaboration made possible by UC solutions allows pharmaceutical companies to more effectively partner with remote parties on research, promotion, and dissemination of new products. By enabling pharmaceuticals to bring products to market more quickly and efficiently, these companies realize revenue and profits earlier in the product development phase.
There can be no dispute about the benefits of training to both employees and the companies they work for. Training helps employees keep up with the latest advances in their trade, makes them feel supported and appreciated, and results in improved job satisfaction. Companies reap the benefits of highly skilled workers and gain a competitive advantage; an effective training program can help differentiate a company from its competitors, giving it an edge.
So why aren’t more training programs regularly administered?
There are several road blocks that can prevent management from implementing regular training sessions; time and scheduling constraints, cost of securing training personnel, budgeting and administrative challenges, and more. But the companies that administer training programs successfully have a secret to getting the best results: unified communications (UC) technology, including video conferencing and video streaming systems. These solutions allow personal, one-on-one type training, and participants can remain at their PCs, mobile devices, or local conference rooms.
There are many advantages to using visual collaboration solutions for training employees, including:
- The ability to effectively train a large group at one time.
- Everyone included in the training session receives the same information from the same instructor(s).
- Subject matter experts may be brought in from anywhere without having to travel to company locations.
- Costs associated with hiring corporate trainers and experts to travel on site are reduced
- Training sessions conducted over video can be archived and viewed again; a visual library of all captured sessions can be created.
Visual collaboration systems provide the catalyst to efficiently disseminate information throughout the company. The technology delivers an interactive, compelling learning environment that rivals the impact of in-person sessions, but at a greatly reduced cost. Companies that have successfully integrated this technology provide a higher quality user experience that in turn benefits the company as well as employees.
Frost & Sullivan’s whitepaper, Identifying the Value of Video Collaboration: Critical Steps for Supporting Social Business, analyzes advanced communication and collaboration applications that are changing the way workplaces function in day-to-day operations.
The research finds that through utilizing next generation tools, such as video conferencing, enterprises can expect to bolster the bottom line, cut down on decision periods, reduce costs and boost productivity.
Cisco has released a white paper predicting that more than 50 percent of all work loads will be processed in the cloud by the year 2014. In addition, it predicts a 22 percent compound annual growth rate for cloud data centers, which will handle 57 percent of workloads by 2015.
The cloud is the key to working efficiently in the future.
IVCi is ahead of this trend with its MVE managed video experience. This service provides secure, cloud-based video to its customers who use desktop, room, and mobile devices. IVCi has found that when IT organizations are taxed with additional responsibilities, the move to the cloud is a significant trend. The benefits of cloud services are numerous; reduction in upfront capital expenses, redundancy, the ability to have the latest and greatest technology, security, and much more.
Even the President is getting into video conferencing.
President Obama offered to pass an out-of-work engineer’s resume to industry big wigs after the engineer’s wife confronted the President about unemployment.
The job assistance offer came Monday afternoon at a social media conference hosted by YouTube and Google+ — the search engine giant’s answer to Facebook.
Students in the U.S. are learning about other cultures though video conferencing technology. Children who live through tragedies like earthquakes and other current events are sharing their experiences with American children, and all are growing from the experience.
Across the United States, students are teaming up with classrooms around the world, using video conferencing equipment, social media, and other technologies to learn about current events, historic milestones, economic trends, and cultural norms.
Educators say the collaborations, which lend themselves to co-curricular projects, foster deep and meaningful conversations, whet a thirst for knowledge that textbooks cannot offer, and show that people in different countries have a lot more in common than many assume.
Polycom recently entered into a strategic partnership with IBM (IBM) to incorporate its popular RealPresence video solutions technology with IBM’s interactive application called IBM Sametime and IBM Connections.
Polycom’s RealPresence video technology that host video conferences for enterprise clients are quite similar to IBM Sametime application, which facilitates Web conferencing and group chat within an organization. Hence, the integration of Sametime application with RealPresence technology will upgrade Polycom’s product feature.
The new integrated technology that supports high definition (HD) quality video calling can be accessed through different touch points like web, email, IM clients and other social media sites, hence providing enhanced solutions to different organizations to improve its work efficiency.
The advanced technology will cater to different needs of the enterprise by means of conducting virtual meetings from different touch points like email, WiFi and 3G/4G network. It will also be beneficial for the healthcare industry where doctors will be able to provide medical assistance to patients living in remote areas, thereby improving the service qualities of healthcare industries. Furthermore, the whole system is highly secure and reliable and is delivered directly from the cloud or integrated within the devices.
Telemedicine centers bring quality, affordable medical treatment to India’s hundreds of millions of poor people.
Patients schedule a doctor’s “visit” at the center, and consult with a doctor by video about symptoms and care. The nurse will measure vital signs like blood pressure and heartbeat, through equipment that transmits readings directly to the doctor and into a patient’s computerized medical file.
Total cost to the patient: 50 rupees, or about 96 U.S. cents.
If 2011 was a good year for videoconferencing (and it was), the forecast for 2012 is even more upbeat, especially as businesses look to continue trimming travel costs and to improve productivity.
Bandwidth management, interoperability, reliability and quality will continue to be key issues for enterprise customers – but IVCi has solutions that address these and other issues, creating a smooth and successful video conferencing experience every time!
A new paper to be published next year in the Journal of Business Ethics finds that people are more likely to lie via text compared to face-to-face communications, video conferencing or audio chat
Participants in the study were most likely to be honest if the conversation happened via video, which beat out both face-to-face communication and audio chat.