Growing your business in this ever changing environment requires an interesting communication tool and solution which can in turn keep you right above your competitors and ahead in the game altogether. Session Initiation Protocol or SIP market is growing faster in the IT industry a lot and you might want to tap into this avenue to further maximize your own business growth and take things up to the next level if that’s what you really want with your business as far as success and growth is concerned.
Growth is inevitable with better technology
Based upon a study conducted by the Eastern Management study on word from over 3,500 IT managers around the world, incorporating SIP into their business is said to have cause an exponential growth into their businesses.
While these IT Managers projected growth for the IT Field in general with a 4.1 percentage of growth, an increase by 11.9% which is nearly a tripled growth is what they got with the implementation of this modern tech. While other growing regions around the world such as the Asia-Pacific as well as Middle East and Africa are already incorporating this technology.
With IT Growth comes better communication technology
With the growth behind SIP becoming really rapid, the unequivocal cost might be attributed to the reason for this. A very good example would be the SIP trunking which would usually be the half the cost of a traditional network. Compared to the constantly decreasing price of the SIP which is estimated to drop at an average of five to seven percent every year.
This is surely becoming a better deal for companies to invest in and with the numerous customer satisfaction which is the efficacy of a successful business, this showed that SIP has a more interesting feature to offer as businesses grow into it. While SIP quality was notorious for being spotty in years past, customer satisfaction is on the rise, as an earlier Eastern Management study revealed.
Aside the growth matters, other driving force of the SIP includes the rise of hosted Cloud-based private Branch Exchange or Cloud PBX operations which offers a complementary service along with the SIP trunks. Throw in the rise of unified communications (UC) operations, the steady commoditization of phones that no longer refuse to play well with others in interoperability testing, along with several other points, and it becomes clear why SIP is on a growth tear.
SIP is enhancing a better connection
Better business communication definitely leads to profits and this can be seen in many businesses around the world. With Video conferencing on the rise everyday, this could eventually replace physical meeting in the current world we live in and save the costs of logistics as well as the risks.
Considering the current situation of borders being shut down due to the COVID-19 pandemic which means businesses has to be conducted virtually, the internet is a place to go to restart businesses and make the profit which is where SIP comes in alongside UC.
Whether it’s saving money or improving profitability, SIP trunking has all the elements to deliver value. That’s great news for companies like thinQ as well, which have a great opportunity here to present product to eager customers. With a variety of related services available, including least-cost routing (LCR) systems, thinQ has a lot of what’s needed to really get the most out of the growth in the SIP market. Those planning to put SIP trunking to use, therefore, will do well to start talking to thinQ.