Embrace the Versatility of VoIP
If your business is sitting on the edge of deciding whether to switch to a digital phone service don’t let the fear of higher prices dissuade you. Technological innovations have a notorious history of coming hand in hand with huge costs that only businesses with money to burn are able to implement. Unlike those technology advances, digital phone services actually cost less.
5 Cabling Tips for Optimal Business Network Installation
It is necessary for installers to pay attention to the following tips to ensure they do the best job possible each time. Additionally, business owners looking to have a network installation done and agents who sell network installation services can benefit from knowing what constitutes a good cabling job and what does not. The tips really are common sense, but not using them will result in a poor job every time.
The Pros and the Cons of Business VoIP Services
Even though Voice over Internet Protocol (VoIP) service is gaining ground, many business owners are still not sure whether they should switch. Sure, they cost less, but there is still this hang-up about VoIP having less reliability than the plain old telephone service (POTS). This is a look at the good and the bad of VoIP compared to POTS.
Cloud-Based Telecommunications The Way of the Future?
While the technology is fairly new, some voice over internet protocol (VoIP) providers are already connecting residential customers with cloud telephony. One such service uses the traditional telephone lines in the house to connect to their cloud-hosted VoIP network via a dedicated ADSL-style connection. This brings some security to traditional VoIP services since the cloud network doesn’t reside on the open internet.
Is Plain Old Telephone Service Really Dying?
Plain old telephone service, or POTS, is being touted as on its way out by quite a few sources. It’s being said that with the advent of VoIP services, cable and fiber network expansions and wireless communications innovations that POTS is dying a slow, but steady death. But, is that really the case? The reason people have landlines is largely the same: voice communication.
Why Small Businesses Benefit from VoIP Services
While many small businesses try to get by with a single land line and a questionable Internet connection, it’s becoming clear that even small businesses can benefit from VoIP services. VoIP, or Voice over Internet Protocol, is a technology that allows for voice communications to be sent over a high-speed data line. While it may not be necessary for a small business to go so far as to install a T1 line or a fiber network, VoIP services can certainly be of value.
2016 Global Telecom Revenue Projected to be Around $1.2 Trillion USD
HOT TELECOM, a telecom market research firm released a report in 2011 called the “Global Telecom Market Status and Forecast.” The report is 83 pages long and chock full of information on the state of the global market for the telecom industry. The report says that revenues in the industry got up to $1.9 trillion USD by the end of 2010. This meant that there was an increase of 4.5 percent over the figures reported at the end of 2009. In 2009, revenues had declined 3.8 percent below previous years.
Recent Global Political and Economic Turmoil
While Hot Telecom’s “Global Telecom Consulting Market Report 2011” is in its sixth edition and reporting that the telecom industry’s revenue decreased by nearly 9.1 percent, it seems that the Asian, Latin American, and the Middle-Eastern and African (MEA) regions experienced an upturn in growth by the end of 2010. The rest of the world began to see recovery in that period, as well.
Core Principles That Will Drive Global Telecoms Growth In The Next Few Years
Exciting things are yet to come for the global telecommunications industry, if the current frenzy of activity is any indication. Among the many surprising centers of activity is the pronounced shift of traffic revenue from voice to data. In the mobile marketplace, app developers and publishers are subtly inserting themselves into the value chain. These and other surprising developments are steering the industry toward unexpected directions, stirring excitement and building up industry expectations for the future.
Impacts of Telecommunications
During the last decade, the telecommunications industry has grown faster than the overall economy in almost all countries around the world, and represents a significant share of GDP. The annual worldwide turnover from the telecommunications business was US$3.2 trillion in 2007, and is estimated to be worth over US$4 trillion by 2010. However, the real impact of telecommunications is that it has transformed the way individuals, businesses and other parts of society work, communicate and interact. Different macro-economic and firm-level studies confirm higher productivity gains where good telecommunications infrastructure exists.
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