US and British businesses could save 5.5 million tonnes of greenhouse gas by using telepresence, according to a new survey.
They could also achieve total economy-wide financial benefits of almost $19 billion by 2020, said the study, commissioned by the Carbon Disclosure Project (CDP).
The study found that by deploying four tele-presence rooms, a business with $1 billion or more in annual revenue gain ROI within 15 months and save nearly 900 business trips in the first year.
It would also cut emissions by 2,271 tonnes over five years – the equivalent of removing 434 passenger vehicles from the road for one year.
The study also argues that telepresence technology can help speed decision-making, improve productivity and provide workers with a better work-life balance.
It was carried out by research firm Verdantix through interviews with executives of 15 Global 500 firms that are early adopters of telepresence.
Verdantix built a model that projected telepresence adoption and forecast the potential financial and carbon reduction benefits achieved by early adopters of telepresence.
The total economy-wide financial benefits as a result of large companies using telepresence over the next decade were forecast at more than $15 billion for the US and almost $4 billion in the UK, the study said.