Hong Kong Stock exchange is considered to be the fifth largest in world, with more than 1,477 listed companies. Apart from a large number of financial institutions, many companies in Hong Kong are engaged in exporting re-exports. To manage, businesses employ the use of conferencing services. Sophisticated solutions, which include audio, video and web collaboration, assist firms in maintaining close ties with associates located in different parts of the world.
Effective business collaboration is essential for the success of any organisation. With the help of this communication platform, business professionals can maintain close contact with their colleagues, associates and customers. This enables professionals to easily collaborate with anyone, anytime while updating them about developments in the market. With the help of business collaboration, small and medium business (SMB) enterprises can smoothly run operations in distantly located offices.
Synergy Research Group recently released data saying that in the second quarter of 2011, revenue of video conferencing and telepresence has reached USD 246 million in Asia Pacific (APAC) region, with an annual growth of 40 per cent. This could be attributed to four factors, namely advanced technology, reduction in cost of technology, desire to cut down operating costs and the need to enhance the efficiency of executive-level management.
With the help of event-managed conferencing services such as web-based seminars, companies will be able to direct interest to their products and services. Using this interactive platform, both employees and customers can engage in a real-time question and answer session. There are several conferencing service providers who offer complete conferencing solutions. Additional services include the ability to invite participants from various locations as well as a host to run and manage the event efficiently. There is also the provision for recording the meetings for future reference.
Collaborating online is one of the most efficient ways to have a real-time conversation with a large audience. With full audio-support, companies can address thousands of participants simultaneously. With the help of online presentations, firms can market their products in the most interactive and cost-effective manner. Product demonstrations can also be recorded to be broadcast later as webcasts.
These solutions are especially helpful for firms that wish to contribute to their corporate social responsibility. With the help of conferencing solutions, carbon gas emission and corporate carbon footprint can be considerably reduced.

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