| Businesses have found the practical side of using | | | | during this period. |
| VoIP (Voice over Internet Protocol), while investors | | | | As more businesses look into using VoIP as an option |
| have found the profitable side of VoIP. As businesses | | | | for their telecomm needs; more investors are |
| are looking to cut costs they are finding increasing | | | | interested in participating in the action. IBISWorld |
| value in VoIP. VoIP had its share of problems in the | | | | dubbed VoIP the best-performing industry of the |
| early years, but it has reached a level of technical | | | | coming decade. This may be why investors have |
| maturity that has made a valuable and practical | | | | recently discovered the value of VoIP. For example |
| option that drastically cuts telephone costs.. | | | | just this past September, investors led by venture |
| Businesses no longer see it as a future option, it is | | | | fund Silver Lake were prepared to pay eBay $1.9 |
| now the smart option. | | | | billion for Skype. It also doesn't hurt that Google |
| VoIP used to be only as reliable as your internet | | | | entered the fray with Google Voice. Google's interest |
| connection, but this is rarely a concern today. In fact | | | | in any industry can make investors stand-up and take |
| the recession has shown a light on its practicality. For | | | | notice. VoIP has become is proving to be a winner on |
| example, according to research by TeleGeography | | | | both sides of the balance sheet. Not only is it a major |
| the growth of traditional international voice calls is | | | | cost saver for companies of all sizes, it is proving to |
| down to only eight percent between 2008 and 2009, | | | | be a lucrative investment. |
| while international Skype use increased by 51 percent | | | | |