Posted By AVAD Business Editor on 2009-02-18
The struggling economy will slow the growth of Voice over IP (VoIP), but deployments remain wide-ranging at mitigated levels, reports In-Stat.
Telephony players continue to post encouraging growth numbers despite the economic environment. The VoIP segment in particular seems primed for ongoing growth, in spite of otherwise unfavorable economic conditions.
Economic Meltdown Could Benefit VoIP
Posted by:Posted By AVAD Business Editor on 2009-01-22
Ironically, the VoIP industry may actually benefit from the economic slow down. The increase in companies adopting VoIP technologies is expected to be greater than the loss of customers affected by general economic conditions. Approximately 4% to 12% of small businesses have already migrated to VoIP, this leaves at least 88% of small businesses that at some point will migrate to VoIP.
Another factor that should lead to greater VoIP adoption is that eventually, all of the currently installed telecommunications equipment will eventually need to be replaced.
The Economic Meltdown Will Have a Positive Impact on VoIP Growth
Origins of the Economic Crisis
Posted by:Posted By AVAD Business Editor on 2008-12-02
The era that defined Wall Street is finally, officially over. Michael Lewis, who chronicled its excess in Liar’s Poker, returns to his old haunt to figure out what went wrong.
The article, aptly termed The End by Michael Lewis, author of Liars Poker is the best description of what lead up to the economic crisis we are currently facing. Having spent time on Wall St when this book was written and in the mortgage industry, in Orange County, CA (Ground Zero for the crisis), this article clearly explains how and why the mortgage debacle lead to a global economic crisis and almost wiped out the US banking sector.
What has happened will almost certainly lead to a complete legislative overhaul of the US Financial system. OpenCongress.org is great site to follow what is happening in Washington.
