Leadership

Video: Can IT strengthen the economy?

At the Gartner Symposium 2008, Cisco CEO John Chambers predicted that as the economy turns, many company heads will be looking for flexibility along with cost effectiveness--aspects that video conferencing and social networking can provide.

At the Gartner Symposium 2008, Cisco CEO John Chambers predicted that as the economy turns, many company heads will be looking for flexibility along with cost effectiveness -- aspects that video conferencing and social networking can provide. As you'll see in this video clip from the event, Chambers forsees that, soon, IT and business strategy will be so intertwined we won't know the difference between them.

See also: Cisco's Chambers expects tech to again drive productivity gains during downturn

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Jason Hiner is the Global Editor in Chief of TechRepublic and Global Long Form Editor of ZDNet. He is an award-winning journalist who writes about the people, products, and ideas that are revolutionizing the ways we live and work in the 21st century.

2 comments
kuldeep_chitrakar
kuldeep_chitrakar

Ya, It will definitely help companies to keep costs low. e.g If a CEO has to attend different meetings in the region in which companies can operate. Instead of Flying , he can address employees through Video Conferencing. which results in travelling and hotel cost saving. which is huge. Also, if time difference in timezones is managed, then one can adress many employees at time, which in turn saves lot of business hours.

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