As a low-cost alternative to wired communication networks, Voice over Internet Protocol technology, better known as VOIP, has inflated into a million dollar market. By converting analog voice signals directly into data packets that can be transported over the communication network, VOIP provides a high quality solution to enterprise communication needs. To remain in coherence with the age-old economic theorem of demand and supply, several companies have ventured into the VOIP market. However, in this arena dominated by technological development and IT infrastructure, Cisco enjoys the lion’s share with several high end products on sale.
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