A few years ago, people used to set up a meeting just to discuss some things. If it was about their company, they would book a flight, made hotel reservations and have a conference with the people involved. If you come to think of it, this kind of meeting was quite costly. Thanks to the evolving technology, teleconferencing services saved a lot of people's time and money. It is widely used now in some companies either to transact business or discuss important matters. Know more about these services by checking their site.