Mobile VoIP Applications on the Rise in Businesses

Voice-over-IP (VoIP) has revolutionized voice communication services over the past several years and has reduced long-distance calling costs for both residential and business broadband subscribers. It's now spreading from the traditional landline applications to the mobile phone user.

Usage is on the rise, creating significant opportunity for mobile VoIP gateway equipment suppliers -- as expenditures in this space are expected to soar beyond the $6 billion mark in 2015, according to the latest market study by In-Stat.

"Mobile VoIP has only recently begun being implemented in the business environment," says Amy Cravens, Market Analyst at In-Stat.

One of the key benefits of mobile VoIP for enterprises is extending desk phone functionality to mobile devices. Business-oriented solutions will essentially enable the user's mobile phones to become an extension of their desk phones and will deliver, in addition to voice, a unified communications experience -- including email, IM, and online collaboration.

In-Stat's latest market study findings include:

- Business mobile VoIP users will increase tenfold over the next five years.

- Mobile operators are currently a barrier to adoption but could become a significant driver of adoption over the next several years.

- Business mobile VoIP is based on IP PBX and hosted PBX solutions.

- Growth in IP PBX mobile VoIP usage will largely be driven by mid-sized and enterprise businesses.

Industrial Cloud Computing Apps Gain Momentum

In the manufacturing industry, cloud computing can help leaders improve their production efficiency by providing them with real-time data about their operations. This has gained the attention of the C-suite. Total forecast Industrial Cloud platform revenue in manufacturing will surpass $300 billion by 2033 with a CAGR of 22.57 percent, driven by solution providers enhancing platform interoperability while expanding partner ecosystems for application development. ABI Research found the cloud computing manufacturing market will grow over the next decade due to the adoption of new architectural frameworks that enhance data extraction and interoperability for manufacturers looking to maximize utility from their data. Industrial Cloud Computing Market Development "Historically, manufacturers have built out their infrastructure to include expensive data housing in the form of on-premises servers. The large initial upfront cost of purchasing, setting up, and maintaining these servers is

Credit Scoring Service Spending will Reach $44B

Credit scoring is a method that lenders use to predict the probability a borrower or counter-party will default on loans, or incur additional charges for repayment -- also known as measuring credit worthiness. The method is a key tool in making credit affordable for individuals and businesses. It links credit products to risk potential, connecting borrowers to secondary capital markets and increasing the amount of funds available. This securing process establishes risk predictability dependent on a number of factors, determined by financial indicators and other publicly available information reported by the credit bureaus. Credit Score Market Development According to the latest worldwide market study by Juniper Research, they now forecast credit scoring services will grow by 67 percent to $44 billion by 2028. Juniper anticipates that emerging markets will experience the greatest growth -- projecting the African & Middle Eastern region to grow by 117 percent over the forecast period

Demand for Quantum Computing as a Service

The enterprise demand for quantum computing is still in its early stages, growing slowly. As the technology becomes more usable, we may see demand evolve beyond scientific applications. The global quantum computing market is forecast to grow from $1.1 billion in 2022 to $7.6 billion in 2027, according to the latest worldwide market study by International Data Corporation (IDC). That's a five-year compound annual growth rate (CAGR) of 48.1 percent. The forecast includes base Quantum Computing as a Service, as well as enabling and adjacent Quantum Computing as a Service. However, this updated forecast is considerably lower than IDC's previous quantum computing forecast, which was published in 2021, due to lower demand globally. Quantum Computing Market Development In the interim, customer spend for quantum computing has been negatively impacted by several factors, including: slower than expected advances in quantum hardware development, which have delayed potential return on inve

Digital Lifescapes

Search This Blog