Today, I had the pleasure of posting this neat Reuters item on the eITplanet homepage. Beside the fact (yes, fact) that teleconferencing rocks, the article goes to show that there's plenty of opportunity in the space.

HP, which is coming off a stellar quarter, is now singing the praises of its Halo business.

Hewlett-Packard Co, the world's largest personal computer maker, said on Thursday its installations of new Halo video conferencing rooms have more than doubled annually since the product's launch in 2005.

The rooms, equipped with state-of-the-art telecommunications that enable high-definition video conferences over three large-screen displays, sell for $249,000 per installation, plus a monthly payment.

The best $250K they spent, undoubtedly. Airport delays, grabby U.S. Customs agents, jet lag... Why deal with that?

Sure, some meetings definitely require face time. But let's be honest, there's a nice chunk of business travel falls into the "Why did I even bother?" category.

Here's a little videoconferencing primer we published last year with some more modestly priced options.