Audio conferencing is the extension of "three-way" calling. It is the process of setting up a conference function in a PBX or multilane telephone, or it is a service that can be offered by a provider.
Audio conferencing takes telephone communication to a whole new level. Instead of a one on one conversation, the technology is designed to give small groups the ability to "meet" and make decisions. This can save a company a fortune in time, travel expenses, and missed opportunities. It can be set up between as few as three locations, but it can also connect a multitude of numbers.
The internet has a lot to do with the need and expansion of audio conferencing. Many companies are hiring employees that are working all over the globe. It can get expensive and impractical trying to meet face to face. Audio conferencing is great for the work-from-home employee because it can be attaching in pajamas, which means no matter what the time where you live, you are ready to sit in on the conference.
VoIP is another reason that the internet is increasing the use of audio conferencing. With Voice over Internet Protocol, it is possible to call anywhere in the world for little or nothing. Some VoIP services even come with audio conferencing features.
As telephone technologies continue to expand, the use of audio conferencing will as well. Smart phones are making it possible for employees to take the office on the road. Audio conferencing keeps them in the loop while they are away.
Because many companies are facing a situation that involves a scattered work force, they are coming up with ways to connect the employees. Audio conferencing is starting to take the place of the usual office meetings. It is a way for a company to connect work-at-home employees, employees on the road, and employees around the world.