Not every business trend turns out to be useful in the end, but company leaders can rest assured that the VoIP system is here to stay. As firms shift further toward the mobile work sector, video conferencing is bound to become an increasingly common means of communication. As such, businesses will need the tools to make webcam meetings as productive as possible.
New research has shown that more companies are realizing the benefits that VoIP can offer them. According to WhichVoIP, the global VoIP service market is predicted be worth $82.7 billion by 2017, increasing at a compound annual growth rate of 6.46 percent. Clearly, Internet-based voice tools are going to become a cornerstone of future enterprise strategies, but why are so many firms adopting this technology?
When enterprise leaders learn the myriad advantages of leveraging a VoIP system, it may surprise them that this technology hasn't already wiped traditional telecom platforms off the market. Not only is VoIP vastly superior in terms of technological capabilities, it is also more cost-effective, as noted by WhichVoIP. Even fledgling startups with limited budgets can afford to make VoIP a part of their core unified communications strategies.
What does VoIP mean for BYOD?
The bring your own device movement has taken hold of businesses of all sizes. Enterprise mobility affords companies greater productivity and streamlined communication, and these benefits are maximized by the advanced video conferencing features of a VoIP system. With mobile VoIP, employees are provided consistent IP telephony access wherever they go. Workers can chat with one another using their personal phones, tablets and laptops. And with the advent of wearable technology in BYOD seemingly not too far off, business leaders have much to look forward to in the future of mobile video conferencing.
VoIP has the potential to improve unified communications for firms in a wide range of industries, thanks to voicemail to email capabilities and other features that enable the centralization of data. When employees are able to transfer information between different platforms, internal and client communication become easier. And due to the scalability of VoIP, businesses will not need to overhaul their communication systems as they expand in size.
Backed by a quickly growing market, VoIP seems likely to soon make traditional corporate phone systems a thing of the past. If companies have not yet embraced the world of Internet-based phone tools, they are trailing far behind their VoIP-assisted competitors.