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The world of business is changing by leaps and bounds thanks to the growth of the use of technology in everyday life. The emphasis today is on speed, speed, and even more speed. The reason for this great stress on speed? It is the fear that some other competitor might walk off with a lucrative business deal.

As competition continues to heat up in the world of business, as rival companies are born, merged or divided, and as newer and newer innovations lead to the rise of unique business opportunities, the need for better technology keeps on increasing. Sustained growth in business today depends on catching each opportunity at the right time. Technology is one way of doing that.

Remember those long-drawn business meetings that went on for hours and ended with no good conclusion? Remember the hours that were spent in waiting for all the delegates to enter the conference room? And what about all that stress over whether you will be able to reach the conference on time because you have gone and got yourself stuck in the mother of all traffic jams?

Well, web conferencing is the answer to all your conference problems. Okay, so it still is no guarantee that you will hit upon a great idea at the conference, but web conferencing will take away some of your other woes. At least you do not have to wait unnecessarily for people who have been stuck in traffic. Traffic -- the grandfather of all excuses for unpunctuality -- will no longer be a valid excuse.

Web conferencing -- as is made evident by the name -- refers to the conducting of a meeting over the Internet. Thus, people can sit at their own computers and be connected to others by a host site. In its initial years, web conferencing involved discussions posted on a message board. However, in those early years, this was not what one might call "live". However, soon enough, it became possible to have a "virtual" meeting via the Internet.

Web conferencing today is not only much easier, but it also provides a number of different services. For instance, one could talk over live video -- not tough at all in this era of the webcam. One could also have a slide presentation, where the presenter could highlight important points of interest on the slides. A poll could be taken and there could also be a session for questions and answers. Moreover, these are only a few of the basic features of web conferencing. Try it out some time, and the ease of it all will certainly have you hooked on to the idea.