Picture of HSBC bank

HSBC tries out interactive boardrooms

Bank installs desktop video conferencing units

Written by Lara Williams

Global banking giant HSBC is to pilot virtual boardrooms in its major global offices from June.

The high-quality teleconferencing facilities in London, Paris, Hong Kong and New York are being developed at a cost of about $100,000 (£51,000) each.

HSBC group chief information officer Ken Harvey says the company will examine savings generated from a reduction in air travel before deciding on the viability of further installations.

‘Everything burns energy, including these rooms, so if people abandon a regular phone call for a more interactive session that is good, but not if they hop on a plane as well,’ he said.

Harvey plans to implement connecting virtual meeting rooms in major locations, including life-size video boards with areas cut out for delegates.

‘The voice is directional and when people exit the meeting they feel as if they had really been with the other people in person,’ said Harvey.

‘You can have a nine- to 10-person meeting with people walking in feeling as if they are looking right at each other.’

Harvey says HSBC has put significant resources into testing advanced video conferencing facilities across the company. In areas where it was enforced it cut air travel by 25 per cent in 2006.

Despite the unit cost of $5,000 (£2,575) to install the video conferencing facility on individual PCs and large bandwidth requirements, Harvey says there is a net return on investment.

‘We have been installing desktop video conferencing units that use our own internal network,’ he said.

‘You have to spend enough to get the right quality and feeling of presence to make these technologies real enough so that people do not feel as if they are speaking to a talking head or experiencing voice delays.’

Gartner analyst Mark Raskino says telepresence is very timely in light of present environmental concerns.

‘It demonstrates good leadership by encouraging even more people to use conventional teleconferencing facilities,’ he said.

‘The risk for companies implementing these technologies is that it might be perceived as a thin PR green-washing exercise regarding the environment.’

What do you think? Email us at: feedback@computing.co.uk

Related stories

Cuts allow focus on innovation

reader comments

related articles

 

HSBC opens network of virtual meeting rooms

Cisco Telepresence systems save money and the planet, says bank 04 Sep 2008

Didata hooks up HSBC with Cisco telepresence

Sophisticated setup of video-conferencing could save thousands of pounds in resources 18 Sep 2008

Environment minister attends Sydney conference virtually

Phil Woolas practices what he preaches 23 Jul 2008

related whitepapers

today's top stories

What does Windows 7 mean for Microsoft?

With the sting of Vista still fresh, Redmond has to make next Windows work 10 Jul 2009

A smarter way to use BI

Getting the most from business intelligence systems requires not only careful management on the part of IT leaders, but also the committed involvement of decision-makers across the organisation 08 Jul 2009

Quenching a thirst for IT modernisation

A substantial restructure at soft drink supplier Nichols -­ purveyor of Vimto - ­led the company to update its software to Sage 1000 to replace its in-house application. This resulted in the streamlining of the IT department and an opportunity to customise the system 08 Jul 2009

How Satyam cleaned up its act

Chief executive CP Gurnani tells Angelica Mari why Tech Mahindra opted to keep the Satyam brand after it bought the scandal-hit services firm, and explains what the deal means for existing and prospective customers 09 Jul 2009

Lack of enterprise appeal takes shine off Chrome OS

Enterprise buyers unlikely to ditch Windows for Chrome OS in the near term, say experts 09 Jul 2009

Advertisement

Newsletter signup

Sign up for our range of FREE newsletters:

More available - click 'submit' to view

Existing User

Newsletter user login:

Advertisement

Jobs

Related jobs

Job of the week

Job alerts

Sign up here

Find your next job

IT Salary Checker

Check salary here

Advertisement

White papers

Search white papers

Top categories

VPN, Extranet and Intranet Solutions

WAN/ LAN Solutions

Network Security

Interoperability-Connectivity

Grid/ Utility Computing

Latest poll

Would you use social networking sites to look for a job?

Would you use social networking sites to look for a job?

Tell us what you think about job hunting through LinkedIn, Facebook, Twitter etc

View poll results

Latest audio and video articles

network cablesVideo

How to maximise the value of your IT networking investment

A panel of experts discuss networking strategies that deliver real value to business 03 Jul 2009

green footprintsVideo

How to manage enterprise energy use - and the role IT can play

A panel of experts explore how firms can get to grips with their carbon footprint and make smarter use of energy 01 Jul 2009

Latest in-depth articles

Google ChromeAnalysis

Lack of enterprise appeal takes shine off Chrome OS

Enterprise buyers unlikely to ditch Windows for Chrome OS in the near term, say experts 09 Jul 2009

Satyam CEO CP GurnaniNews

How Satyam cleaned up its act

Chief executive CP Gurnani tells Angelica Mari why Tech Mahindra opted to keep the Satyam brand after it bought the scandal-hit services firm, and explains what the deal means for existing and prospective customers 09 Jul 2009

Advertisement

Primary Navigation