VOIP, or Voice over IP, is internet telephony however, it goes a fantastic deal further than simply being able to constitute a telephone call. The initial attraction for businesses with a VOIP system is that they so cheap – it is not unusual to see a cost reduction in excess of 50%, and the typical payback period is between 4 and 9 months. It is so simple to implement and simple to achieve huge operating cost savings for small capital expenditure, that the market is immediately being fuelled by larger companies adopting the technology as well as SMB’s who have previously led the path. More information: read more…