Do you know what VoIP is? VoIP is short for Voice over Internet Protocol, and it is a technology that enables people to make calls via the Internet rather then use a traditional landline. VoIP is very affordable and can save businesses, of any size, between 30 and 50 percent on their phone bills.

Businesses today, of course, are still struggling through the nation’s sluggish economy. Many are running on tight budgets with skeleton staffs. Today’s businesses, then, can use any form of savings they can find. The cut in phone costs that VoIP provides would seem to be a straightforward avenue for savings. But are businesses actually embracing VoIP technology? Are they using it to slash their yearly costs?

A Move Toward VoIP?

A recent study says that businesses have not turned to VoIP technology as much as you’d think. Even so, the same study also says that this is apparently changing. According to research from Heavy Reading, about 31 percent of installed business lines in North America were VoIP-based in 2011. What’s promising, though, is that Heavy Reading predicts that this figure will increase to 66.6 percent by 2015. Heavy Reading also predicts that by 2015 just 33.5 percent of business lines will consist of traditional circuit-switch versions.

Businesses are Switching to VoIP

So, the study shows that the amount of businesses that will use VoIP will double by 2015. Currently, traditional circuit-switch phone lines make up 68 percent of business lines in North America. So by 2015 will there actually be such a dramatic change? This is tough to say but as people get more educated about the benefits of VoIP it is probable that business owners will make the shift in the coming years, even if it’s not as fast as the Heavy Reading study forecasts.

A Bright Future for VoIP and Business

VoIP technology cuts costs for companies while providing voice communication that is as clear as a traditional landline. An excellent thing about VoIP technology is that people don’t have to change their habits; the phones work the same as landlines. So, make room landlines, here comes VoIP.

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