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Frost & Sullivan Report: Hosted VoIP Markets on a Roll
Nov 29, 2006 (CNSMagazine)—Businesses are increasingly adopting hosted services to avoid complexities associated with a premise-based solution and for additional capabilities such as unified communication, simple-to-use conferencing and find me/follow me along with cost saving benefits associated with moves, adds and changes and toll bypass.
New analysis from Frost & Sullivan, North American Hosted IP Telephony and VoIP Access Services Market, reveals that the market earned revenues of US$372.6 million in 2005, and estimates this to reach US$14.6 billion in 2012.
"Small businesses that account for majority of the end users are likely to continue driving hosted IP telephony deployments," says Lynda Starr, a Frost & Sullivan senior analyst.
"Medium and large businesses interests in hosted IP telephony and voice over Internet protocol (VoIP) access service are also likely to increase."
According to the research firm, companies that adopt hosted IP telephony typically save 20-40% on what they would have paid for a premise-based private branch exchange (PBX): "When companies have positive experiences with hosted telephony and access services they spur adoption through word of mouth."
SOURCE Frost & Sullivan
About PingTone
PingTone Communications provides hosted Cisco VoIP service to business, government and military customers in the United States and internationally. Organizations capture all the new operational advantages of Cisco VoIP technology without the complexity of managing these systems internally. Together with PingTone’s global PSTN management, hosted VoIP applications include unified messaging, branch office 4-digit dialing and advanced call treatment functions. Founded in 1999, the company is headquartered in Northern Virginia.
For more information or to contact a PingTone authorized service provider, please visit http://www.pingtone.com
About Frost & Sullivan
Frost & Sullivan, a global growth consulting company, has been partnering
with clients to support the development of innovative strategies for more than
40 years. The company's industry expertise integrates growth consulting, growth
partnership services, and corporate management training to identify and develop
opportunities. Frost & Sullivan serves an extensive clientele that includes
Global 1000 companies, emerging companies, and the investment community by
providing comprehensive industry coverage that reflects a unique global
perspective and combines ongoing analysis of markets, technologies,
econometrics, and demographics. For more information, visit www.frost.com.
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