Real-time SIP Trunking Is Lucrative Option

It makes a lot of sense to get residential and business VoIP services because they provide major cost savings – especially given the current recession. In addition, SIP Trunking service revenue is also expected to increase significantly in coming years based on the latest projections, according to IVR Technologies (News - Alert), Inc.

“Demand for residential and business VoIP services continues to grow through the economic downturn because of the cost savings they provide,” says Diane Myers, directing analyst, service provider VoIP and IMS, Infonetics Research (News - Alert). “As a result, in 2008 the VoIP services market had healthy growth of 33 percent to $30.8 billion. For the first three months of 2009, service providers experienced an average of 40 percent to 50 percent year-over-year growth for IP Centrex, indicating the demand for outsourcing and managed solutions remain healthy.”

Today, most carriers collect the Call Detail Records (CDRs) in a historical post-call manner then rate the CDRs to generate line item charges and then mediate all of the information into a customer bill. This process takes times, is highly susceptible to fraud, human error, capacity overruns, orphaned records, collection issues and bad debt — all issues that weigh heavily on the business and drive up administration overhead while reducing profitability. 

To find out more about IVR Technologies, visit IVR Technologies at ITEXPO West 2010. To be held Oct. 4 to 6 in Los Angeles, ITEXPO (News - Alert) is the world’s premier IP communications event. Visit IVR Technologies in Booth 231. Don’t wait. Register Now.