IVR Technologies
IVR Technologies, Inc. is a leading software development company providing a fully integrated application, media and billing server to next generation networks.
October 2011
You are browsing the archive for October 2011.
SMBs see growth ahead, focus on cutting costs
October 15, 2011SMBs continue to look ahead at future growth, but a sluggish economy has them looking harder for products that help them reduce costs, according to a new survey conducted by hosted VoIP provider 8x8 (Nasdaq: EGHT).
The survey, which looked at new 8x8 customers who subscribed to the company's VoIP service between May 1 and August 19, showed business customers most concerned about reducing costs, attracting new customers and hiring and affording new employees.
The amount of concern over reducing costs appeared to deepen over the summer, the company said.
More than half (55 percent) of respondents in August indicated they were "more concerned" about business expenses this year than last.
Will North American Telecom Service Revenue Double by 2016?
October 1, 2011Global carrier revenue is expected to achieve a nine percent compound annual growth rate from 2011 to 2016, growing to a total of $5.13 trillion, according to Insight Research Corp.
Perhaps more surprising, Insight Research Corp. predicts that, within that time period, North American carrier revenue growth is expected to rise from $286.8 billion to $662.1 billion, representing an even-stronger 11 percent CAGR.
That might strike you as an optimistic forecast, indeed, given that the largest firms, representing most of the industry revenue, do not report revenue growth that high.
In fact, if the Insight Research forecast is correct, revenue could double between now and 2016.
