Va-va-vroom! Videoconferencing continues its ascent

The videoconferencing industry grew about 30% in the past year, according to The Boston Globe. One analyst estimates conferencing technologies factory revenues totaling $8 billion in 2008, and projects that they’ll grow to $10 billion in 2012.

Thanks to those rising fuel prices you may have heard about, more and more organizations are looking to trim travel costs where possible. I’m curious whether CIOs are seeing correspondingly more requests to look into these sorts of videoconferencing technologies? Will they save your business money? Reduce your carbon footprint? Other advantages?

For additional resources on videoconferencing, check out these two recent articles from SearchCIO.com, which discuss videoconferencing ROI and HD videoconferencing.