Trading Business Trips for Video Conferencing Could Save $19 billion

One study estimates that by 2020, simply forgoing business trips in favor of video conferencing could save $19 billion.

As travel costs rise and environmental concerns grow, corporations are becoming increasingly receptive to video conferencing technology.

An AT&T-sponsored study from the non-profit Carbon Disclosure Project confirms that it's a practical move: It found that by 2020, if companies in the U.S. and U.K. with over $1 billion in revenue switched from business travel to...