5 Ways VOIP Technology is Changing the Phone Business

Few technologies have made as sudden an impact on the telecommunications industry as Voice Over Internet Protocol (VOIP).  In a matter of only years, VOIP has changed the way people think about their phone service and, more specifically, the power of the Internet.   But is it all just talk, or are there real benefits to be had for you and your business?  The following information sheds some light on the most important ways VOIP can change the way you call. How is VOIP Technology Changing the Phone Business?

Here are 5 ways VOIP technology is reshaping the phone business around the world:

Unifying Internet and Phone Technology. One of the promises of modern consumer electronics is the synthesis of varying utilities in a single hub (or videogame machine would be our web browser, etc.).  VOIP helps realize this promise by giving people the power to control their phone communications from their computer.

Ending the reliance on land-line phones. Already, millions of individuals have given up their traditional land-line phones in favor of their cell phones.  Now, more and more people are cutting the cord because of access to VOIP.

Providing free calls to millions of customers. One of the strongest selling points of VOIP phone systems continues to be the FREE calling from one service customer to another.  If you and your friends, family, business partners or clients have access to the same VOIP service, the calls are gratis with most providers.

Freeing customers from the bonds of big telecommunications companies. For far too long, big telecom providers have held their customers hostage with high prices and long-term commitments.   VOIP providers, on the other hand, have taken things in another direction.  By giving people more power to choose their own calling plans and remove the limits that long-term contracts have placed on them.

By helping businesses save money. Businesses that choose to work with VOIP technology can potentially save thousands of dollars on infrastructure costs.  Without having to worry about heavy phone installations, equipment and draconian service arrangements, businesses of all sizes can use much needed funds to develop their business in other ways.

VOIP usage for businesses and individuals has seen double-digit growth in each of the past several years. This is happening because more people are learning about this innovative, ground-breaking technology and jumping on board.   Low start up costs and easy-access are also helping to fuel this growth in what looks to be a dominant part of the communications landscape for years to come.