ClarityTel Industry Insights

Business Phone Systems: How VoIP works for All Industries and Sizes

07/27/16

When it comes to business phone systems today, companies of any size and across all verticals are enjoying greater access to advanced telemanagement. With VoIP (Voice over Internet Protocol), size no longer matters.

VoIP business phone systems can help businesses reduce costs and increase efficiency. At the same time, with the many phone system features available, the business can better meet its needs today, while enabling opportunities tomorrow.

VoIP market research by IBISWorld values VoIP in the US as a $5 billion industry with 15.3% annual growth until 2017. This kind of success is rooted in the growing essentiality of all-digital IP business phone systems.

In selecting a VoIP business phone solution for your industry, consider the following advantages:

  • The VoIP provider will manage and maintain the network and hardware and software for you.
  • You can seamlessly upgrade or scale up without headaches.
  • Gain access to advanced business phone systems features such as auto attendant, call forwarding, time-of-day routing, call blocking, an online dashboard and more.
  • VoIP systems offer fast provisioning as your schedule requires.
  • With nationwide portability you can keep an existing number or select a new one to gain a 1-800 number or a local presence.

Switching to VoIP

SIP trunks enable businesses that have IP PBX systems to connect to the PSTN (Public Switched Telephone Network) via their internet connection. This convergence of voice and data onto a common IP connection eliminates the need for separate voice and data lines and offers significant cost savings.

In fact, small businesses that switch to VoIP reduce local costs up to 40% and save up to 90% on international calls (Heckstall, 2015).

Cost savings, efficiency improvements and access to enhanced features along with knowing that scaling up will be seamless are all appealing benefits for business — whatever the size or industry.

The expansion of 4G networks is expected to propel further subscription growth. Even the traditional major carriers are testing IP offerings. They know their customers want to invest in the most advanced deployment technology today while preventing themselves from being left behind in the future.

Data Usage Efficiency

One more consideration? Switching to VoIP also amps up the efficiency of the business’s network communications. After all, when there is silence in a voice communication, the traditional phone line continues to send data from one point to another. With VoIP, however, the empty spaces in the communication are used to transmit other data to avoid wasting the bandwidth. Compressed data and reducing redundancy also lead to enhanced data usage across the business as a whole — no matter your industry.

Sources
Heckstall, V. (2015, March 1). 5 Reasons VoIP is Essential for Business Today. http://tech.co/voip-essential-business-today-2015-03
IBISWorld. (n.d.). VoIP in the US: Market Research Report. http://www.ibisworld.com/industry/default.aspx?indid=1269
BeBusinessEd.com. (n.d.). Numbers Don’t Lie: Impressive Stats of VoIP. http://bebusinessed.com/voip/numbers-dont-lie-impressive-stats-of-voip/

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