PingTone Provides Insight Into 2006 Growth Rates.HERNDON, Va. -- PingTone Communications recently provided insight into 2006 growth rates Growth Rates The compounded annualized rate of growth of a company's revenues, earnings, dividends, or other figures. Notes: Remember, historically high growth rates don't always mean a high rate of growth looking into the future. while CIO CIO: see American Federation of Labor and Congress of Industrial Organizations. (Chief Information Officer) The executive officer in charge of information processing in an organization. Today and Network World reported in December that new industry wide VoIP deployments outsold out·sold v. Past tense and past participle of outsell. digital PBX systems for the first time. New VoIP deployments at Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. , New York Times and Amazon.com together with market statistics from Synergy Research Group for the first time indicate VoIP (Voice over IP) is outselling digital PBX systems as organizations continue to adopt VoIP as an alternative to traditional PRI's and phone lines. PingTone knows first hand how the adoption rate of VoIP phone systems is accelerating. PingTone has provided hosted Cisco VoIP service to business and government customers since 1999 when VoIP was still a new technology. "The first quarter of 2006 appears to have been the turning point for VoIP beginning to outsell out·sell tr.v. out·sold , out·sell·ing, out·sells 1. To surpass (another) in an amount sold: a book that outsold all others of its kind. 2. traditional PBX (Private Branch eXchange) An inhouse telephone switching system that interconnects telephone extensions to each other as well as to the outside telephone network (PSTN). systems," commented Bill Smedberg, President of PingTone. "In our Mid-Atlantic markets for example, which include Baltimore, Washington DC and Virginia, PingTone service deployments in 2006 were up 80%. And the majority of these new customers were leaving traditional PBX systems from Avaya, Nortel and others." Vice President of Service Operations at PingTone Robyn Smith noted, "When you see companies like The New York Times and Bank of America adopting VoIP across their entire organizations, it suggests that more businesses will be following suit. Cisco's recent announcement marking the sale of their ten millionth IP phone and our own rate of PingTone customer installations support the research from Synergy Research Group and others regarding the market shift to VoIP." About PingTone PingTone Communications provides hosted Cisco VoIP service to business, government and military customers in the United States and internationally. Organizations capture all the new operational advantages of Cisco VoIP technology without the complexity of managing these systems internally. Together with PingTone's global PSTN (Public Switched Telephone Network) The worldwide voice telephone network. Once only an analog system, the heart of most telephone networks today is all digital. In the U.S. management, hosted VoIP applications include unified messaging, branch office 4-digit dialing and advanced call treatment functions. Founded in 1999, the company is headquartered in Northern Virginia. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion