Bank of America installs 200 Cisco TelePresence units

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Bank of America has purchased 200 of Cisco’s TelePresence units, set to to be installed by the end of the year.

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Bank of America and Cisco have announced an agreement to deploy an initial 200 units being installed across the bank’s global operations by year-end.

The bank wants to use this technology to enhance associate and team effectiveness by providing the bank’s global workforce with virtual meeting capabilities.
 
Bank of America chief technology officer Marc Gordon said deploying Cisco TelePresence will provide the bank with significant, sustainable benefits.
 
‘This global Cisco TelePresence deployment will help our associates collaborate and integrate even more effectively as we deliver all of our capabilities to customers and clients worldwide,’ he said. ‘This is an example of our commitment to use innovative technology to address real business opportunities.
 
‘The technology also will help associates better manage work-life balance by providing flexible meeting options, and in some cases reducing the need to travel. When TelePresence helps reduce travel, it also supports our commitment to address climate change.’

Bank of America currently uses 28 Cisco TelePresence systems for associate meetings and training.

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