Saves money: it can lower your expenses as there is no need for all the costs involved with travelling, such as accommodation and tickets
Saves space: you can video conference with many more people than would fit into a single meeting room because each party will be using their own facilities
Saves time: video conference communication and meetings are often much shorter in total as no travel is involved. A meeting that may take you away for days from work due to travel, may take only one or two hours using a video conference
Encourages communication: you can communicate more regularly with people in other districts or countries, which would usually be costly or impossible if you had to travel
Generates ideas: a telephone call or e-mail is not always the best way to communicate with another person. Interactive meetings can help to generate ideas, and enable people to read and react to others' sensitivities
Encourages collaboration: video conferencing allows for collaboration by document sharing. Many people in different areas can work on the same project and make contributions
Shares information: many institutions can receive the same broadcast simultaneously, and thus a much greater level of participation can be gained. For example, a lecture being broadcast to students at many different educational institutions
The videoconferencing studio in Sofia opened in June 2004