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VoIP, or Voice over IP, is a cost-saving technology that allows for voice and data transfer over the internet. It solves latency issues and offers additional benefits like multi-party calling and file sharing. The market is expected to expand rapidly, with even traditional phone networks offering VoIP services.
VoIP is a popular buzzword these days. It stands for Voice over IP (Internet Protocol) and may just be how you’ll be talking on the phone in the near future. Why are so many people excited about this technology? You avoid most of the costs that come with a traditional phone line, at least at this point in the game.
That’s a savings of hundreds or even thousands of dollars for some people. Most of the primary entities interested in this technology are large corporations, but it can be significant to the homemaker as well.
Anyone who has used voice chat software is familiar with the latency issues that proliferate with any type of data transfer involving the internet; VoIP solves the latency problem by using RTP or real time protocol. This protocol ensures that packets arrive in a timely manner.
Voice over IP offers some additional benefits, including:
you can talk to several people at the same time
ability to send other types of data other than voice (such as files)
innovations in data transfer and Internet speed, it can only get better.
There are several devices that can receive VoIP calls. Some aren’t even hardware, but software programs that you can install on your computer (like Skype).
Even traditional phone networks are seeing the benefits of offering VoIP services, with national companies like Verizon and AT&T jumping on the VoIP bandwagon. Vonage was one of the first widely known companies to offer VoIP services and is competitively priced with newcomers to the market.
The VoIP market is expected to expand rapidly, with numbers projected to rise into the millions in just a few years. The process of installing the gadgets needed to answer these calls is often simple and can be done with little hassle. If you’re using a router or other device that can potentially mask or block your IP address, you may need to do a little more hacking to get it to work.
