Video Conference Calls have become a regular facet in the business world nowadays and in my company nearly 5 video conferencing sessions will be conducted in a single day interacting with the clients. I attended the Video Conference Calls from our company managing director who was building the business plan for the company. I was given the task of developing the marketing plan and I was explaining to him through Video Conference Calls every day at mid night as the time zones were different and the morning time in America will be night at my place and we used to discuss the various aspects of the business plans through Video Conference Calls through VOIP facility in our office. This was very useful for us in finishing the business plan and proper communication was the real reason behind the success of the plan which was submitted to an investor and a seed funding was received from the investor. Hence the Video Conference Calls have made the world small and enables people to do business all over the world and share vital information and knowledge. Talking about knowledge, the Video Conference Calls are very widely used in the education sector in the universities to arrange for guest lecture session where the faculty will be teaching the students in the class from a far away place through video conferencing and most of the schools in the remote places have installed the video conferencing facility to impart education to the students and the children and a lot of NGO's have implemented the Video Conference Calls in most parts of Africa to offer education to all the children of Africa. Mostly conferences are held in this mode and this is a means of cost cutting and is very effective as the real conferences and people and students can attend these conferences from comfort of their places and the key resource persons also can share knowledge and experience without traveling from their places and disturbing their busy schedule. Video conferencing is now become an old technology and with the growth of social networking and iPhones, Video Conference Calls can be made and seen in the mobile phones and many service providers are offering this application to the users as a means of social networking which is the hottest trend as of now. Hence as the world changes, technology also changes and people move towards the latest technology.