Why Evolve IP Is Set For Lift-Off, As A Bright New Era Begins
New leadership, fresh focus — Evolve IP gears up for global impact.
11 Jul, 2015
SAN JOSE, CA – July 8, 2015 – A recent study commissioned by Edgewater Networks and Metaswitch Networks determined that although IP adoption rates have increased over the last decade, the vast majority of Small and Medium Businesses (SMBs) are still reliant on TDM based phone services. While businesses report high interest in IP Communications services, many struggle to identify the value these services provide. To help businesses better recognize value, service providers must tailor their offerings and marketing programs to better address the needs of small to medium sized businesses. The study – titled
“The SMB Market for IP Communications and Unified Communications” – surveyed 1,250 SMB decision-makers at companies with fewer than 500 employees. Notable findings include:
- The addressable market for Hosted IP Services could be as high as $26 billion annually
- The majority of SMBs today are using aging TDM phone systems. The average age of TDM systems in service today is 6 years old
- The SMB market is moving to mainstream adoption of IP Communications quickly – about 70% of the survey participants say they expect to purchase IP Communications in the next two years
- The economics a service provider offers are a driving force in SMB purchasing decisions quickly followed by service provider capabilities
