Meeting solutions integrate communications, collaboration, and document sharing to support a variety of virtual meeting use cases. This research, together with its companion Critical Capabilities, assists digital workplace application leaders in identifying vendors most suited to their objectives.
Strategic Planning Hypotheses
> As the focus changes to enabling collaboration equity to generate interactive and dynamic engagement, the virtual visual canvas will become the focal point of 30 percent of meeting encounters by 2024, up from 5 percent currently.
> By 2025, fifty percent of all workplace virtual events will be hosted on the organization's daily-used video conferencing platform.
Definition/Description of the Market
Meeting solutions focuses on transformational technologies or approaches that fulfil the future needs of end users. It is not focused on the current market.
In a normal company setting, meeting solutions are defined as collaboration tools that facilitate everyday teamwork, presentations, education, and webinars. It is anticipated an increase in the use of meeting solutions for use cases such as online city council meetings, virtual courtrooms, telemedicine, and remote banking (to name a few). As the number of use cases increases, meeting solution providers will need to expand their feature sets or form technology alliances via API and software development kit (SDK) support programmes to accommodate the integrated workflows and data exchange required to support these use cases.
A few market participants are modifying their offerings, making them more modular and consumable via various distribution channels, touchpoints, and modalities. This approach addresses an organization's ambition to provide its employees and consumers with more contextualised and personalised application experiences. This new application delivery paradigm is referred as the "composable enterprise," which describes businesses that can innovate and adapt to changing business needs by assembling and combining bundled business capabilities.
For informal cooperation (among users inside the same team or project) and formal meeting situations (external presentations, learning/training scenarios, and large-scale webinars), organisations with complicated demands generally employ distinct meeting solutions. Consequently, organisations frequently adopt solutions from many vendors.
Responsible application leaders for digital workplace applications deploy meeting solutions to:
> Reduce geographical obstacles to internal, customer, and community communications.
> Utilizing video and virtual visual canvases will increase engagement among distant workers and enhance team cohesion.
> When employees are separated from each other and the business for any reason, ensure more business continuity.
> Reduce business travel and associated costs
> Encourage full- and part-time work from home.
> Teach pupils in various settings.
> Deliver virtual corporate or departmental events, such as town hall meetings and webinars.
> Automate the recording and transcription of meeting conversations, action items, and decisions.