[Proposed Topic] An Evaluation: The Advantages and Disadvantages of VoIP to Business Industries.
1. With VoIP, consumers can communicate telephone-to-telephone, computer-to-telephone, or computer-to-computer with the Internet carrying the voice traffic with less cost as compared to the traditional analog telephony. The Internet telephone providers' strategy for gaining consumer market share has been to attack the price sensitive long distance market by offering rates anywhere from free (with banner advertisements) to 4 cents per minute for calls.
2. The VoIP has evidently taken advantage of the internet. The same logic can be applied to managers who have adopted Internet Protocol Telephony (IPT). The success of new technologies in the market depends, in part, upon consumers finding the technology offerings relevant to their needs. In new technology markets with underdeveloped preference structures, technology managers and developers must match the capabilities of the new technology to the needs of the target consumers. Nowadays, most managers saw the potential of VoIP in lowering cost.
3. The deployment of new VoIP requires significantly lower investment in terms of time and money than in the traditional public switched telephone network (PSTN) environment, thus saving costs for the company.
4. Despite of the benefits of VoIP, the applications of VoIP could be vulnerable to security breaches because of flaws in the way a major telephony standard is being used.
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