VOIP: Augmenting Communication Infrastructure

1. VOIP: Augmenting Communication Infrastructure VOIP technology is the fastest growing communication technology that has evolved over time, catering to the dynamic requirements of users. It allows the operators to offer cheaper communication solutions to an ever-growing global consumer realm via an intranet network. VOIP emerged in the business world when telecommunication system had already established as a large-scale communication solution. However, VOIP strengthens its position by introducing a technology that channels multiple communication architecture to deliver the same voice services while remaining rooted to the conventional phone system. VOIP Technology VOIP phone systems convert voice signals into digital signals that are further transmitted over an IP based network to establish a communication channel. Irrespective of the size and structure, businesses can enjoy the perks of merging the voice and data functions, and acquire innovative communication facilities provided by the VOIP service providers, such as system handling, hosting, updating, troubleshooting, etc. Technological advancements are one of the significant factors that contribute to the growth of VOIP phone services. It would be safer to say that the business communication scenario has been revolutionized by the development of VOIP and further expected to grow in the near future. [Pull Stat]–“In the year 2016, the VOIP industry registered 98.9 Billion users that accumulated around USD 43.27 Billion global revenue. – Future Market Insights (FMI)

2. Evolution of VOIP Phone System VOIP phone systems are formed by combining the traditional telephony and upgraded internet protocol that offers low-cost calls, reduced overheads and ease of installation and maintenance. The popularity of voice over communication systems increased when businesses started to adopt this technology as their basic channel of connection. With the help of the VOIP phone system, organizations are able to bridge the gap between different departments of their business within single premises. [Pull Stat]–“Many businesses have adopted VOIP technology that stimulates an estimated compound annual growth of 91.1 % from 2016 to 2023.” - Future Market Insights (FMI) Following are some key factors that have caused a rapid growth for VOIP technology. VOIP caters to the requirement of a single network interface that provides the convenience and comfort of the telephony system. Unlike the conventional telephony system, VOIP offers the facility of portability and flexibility to its users. Apart from the calling facilities, VOIP phone systems are multi-functional and provide various services such as video conferencing, CRM, fax, etc. 

3. Driving Force of VOIP Industry Business VOIP services are considered as the major driving force that elevates the voice over industry by introducing new and improvised communication architecture that caters to the dynamic requirements of the business. There is no doubt in saying that VOIP has turned out to be a substantial part of both, the growing internet industry and an established telecommunication sector. Driven by reliability and sustainability, VOIP offers complete communication facilities to the business world. The remarkable advancements of broadband and wireless services have given rise to VOIP communication technology that creates a significant reason to cause a productive change in both, the voice service industry and business efficiency. VOIP technology is gradually making its way through every sector of the business world by providing effortless communication and flexible maintenance. Therefore, it would be safe to say that the VOIP industry will witness further impressive growth by revolutionizing the business communication infrastructure that will reduce the investments and increase the benefits on return.