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How does VoIP change the way the conferencing market works?

Conferencing market voip
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How does VoIP change the way the conferencing market works?

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VoIP is going to change the conferencing world in three distinct ways. First, VoIP introduces the ability and, therefore the need to enable conferencing between a variety of endpoints, not just our traditional phones. Secondly, VoIP introduces the potential for a much richer conferencing experience as vendors begin to offer wideband conferencing options. Third, VoIP will significantly accelerate the transition from conferencing services to customer-owned conferencing applications. Why pursue an economical solution like VoIP and then continue to support high, pay-as-you-go conferencing services? Companies will pursue solutions consistent with the promise of VoIP cost-effective solutions that can leverage their existing network assets and scale economically to support any number of conferences, participants, and endpoints. What is the future of conferencing? The future of conferencing is tied to the future of business communications in general. End-users will look to communication tools

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