Since VoIP was first introduced in 1995, it has taken the telecommunications industry by storm. As proof, market research firm IBISWorld named VoIP the best performing industry of the past decade because between 2000 and 2009 it had the highest growth of all industries. Furthermore, IBISWorld predicts that VoIP will continue to be a best performer in the next decade because of the savings VoIP offers.
What’s All The Buzz About VoIP?
VoIP, short for Voice over Internet Protocol, is a type of technology that operates on Internet Protocol (IP) networks. It uses a broadband Internet connection instead of traditional telephone lines to transmit voice calls. The workings of VoIP enable consumers and businesses to receive faster and less expensive phone service. Getting started with VoIP is as simple as contacting a VoIP service provider since VoIP does away with the need to install telephone lines.
The many VoIP advantages are what make the technology so attractive to consumers and businesses alike. Its ability to adapt to other emerging technologies, its flexibility to provide mobile communications and the numerous features of VoIP are the main contributors to its popularity. In addition to lower priced telephone calls, VoIP technology also allows for Internet faxing, which brings its own savings over a traditional fax machine.
Switching to VoIP
There are several different types of VoIP that accommodate residential and business needs. Before making the switch to VoIP, it’s important to compare service plans offered by VoIP providers (some offer an online fax feature) with the ways you plan on making calls (at home, while traveling, at the office, on your computer, as part of a network, etc.). When choosing a VoIP phone service provider, fully research your options to ensure that you are taking full advantage of all that VoIP has to offer.