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VoIP industry 'set to grow'

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Breaking news from ihotdesk communications, Voice, VoIP and Video conferencing solutions in London:
The voice over internet protocol (VoIP) industry is expected to grow to the point that it generates £13.5 billion in revenue in 2010, according to an industry expert.

Category Communications
16 May 2008
 
The voice over internet protocol (VoIP) industry is expected to grow to the point that it generates £13.5 billion in revenue in 2010, according to an industry expert.

Speaking to Comms-Dealer, Sarika Patel, head of technology at IT researcher Grant Thornton, said that VoIP is no longer considered next-generation technology and is essential to today's business practices.

"This year should see strategic acquisitions of independent software developers and ISPs by large telcos looking to consolidate their VoIP offerings," she added.

"[Large telecommunications firms] will be looking at the smaller players as acquisition targets in order to develop the business model and IP necessary to grab a strong foothold in this market."

Ms Patel went on to say that VoIP is currently more secure than it has ever been, but viruses and cybercrime continue to be a threat.

Earlier this week, the National Health Service announced it has installed its computer systems with new IT security provisions, including encryption and port control services.


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