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In its
pilot project to link virtual work teams at five
drilling platform projects by satellite
videoconferencing, British Petroleum Exploration
(BPX) spent about US$13M and realized a US$40M
savings from virtual teamwork in the initial 18
months of the pilot project.

After
its pilot success, BPX rolled out virtual teamwork
to other operational sites with equipment from
British Telecom (BT) and technology skills training
from our partner The Fifth Business (TFB). Aside
from the anticipated savings at its videolink
locations, BT and TFB also recorded an overall 10%
reduction in BPX's travel costs for the first
year.
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More
savings are described on the BP-Amoco Case Study
(click here to read more).
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In the midst of its
well publicized reorganization and worldwide
reinvention, Hewlett-Packard (HP) became a virtual
organization with a heavy telecommuting and virtual
team presence. HP expects a third of their 82,000
employees to become telecommuters: able to work
from anywhere on the planet. They expect the
majority of this work to be conducted by working in
virtual teams.
This same team
telecommuting philosophy is demonstrated in their
desktop product line of portable laptops and
printers designed for a virtual world on the move.
They estimate an annual ongoing cost of about
$1,000 to keep HP employees equipped for virtual
teamwork from home and an annual equipment savings
of over $3,000 per HP employee.

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ScinoPharm, VECO,
and FuTai Engineering collaborated online to put a
pilot-to-full-production pharmaceutical
manufacturing plant online in record time (two
years) and at a cost of US$125M with a savings of
US$32M. Architects, owners, and builders from
planning and construction teams communicated
between the USA and Taiwan over a specifically
designed extranet site.
From multiple
locations in both countries, they exchanged
documents and edited blueprints online. Regularly
scheduled electronic status meetings allowed the
teams to check their progress and share digital
photographs of completed projects. The process was
accelerated by the ease of exchange and savings
were realized through reduced need for overseas
site visitations.

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