Tuesday, April 14, 2009

VoIP in Bear Economy

I just read an interesting report by IBISWorld just named VoIP as the predicted #1 performer In 2009 - it even beat video games. Yet more proof that VoIP isn't dead and indeed VoIP is the one shining bright spot in an otherwise dismal bear economy as we know currently.

VoIP is indeed defying the "bears" of the economy. Reminds me of when Tarzan defied that huge tiger in the woods. Sure, the tiger got on top of Tarzan, this was just a training exercise for Tarzan's "You don't want to tick me off stare." At the end of the wresting match, Tarzan just looked at the tiger, the tiger knew he lost, and walked away. Tigers don't mess with Tarzan and apparently this symbolic symptom in bear of the economy don't mess with VoIP. 

Check out the news release below after you watch Tarzan give the tiger his patented stare down:
 
Top 10 Industries
By IBISWorld (2009)
The recession is crippling businesses across the nation, but several industries will remain unscathed by the current economic strife, according to recent Recession Updates published by industry research firm IBISWorld.  As one of the nation's most respected independent publishers of business intelligence research reports, IBISWorld today announced the top 10 industries expected to have the largest revenue growth in 2009:

INDUSTRY REVENUE GROWTH 2009
1.    Voice Over Internet Protocol Providers (VoIP)   20.1%
2.    ecommerce & Online Auctions                                12.6%
3.    Biotechnology                                                               10.3%
4.    Engine, Turbine & Power Transmission               10.0%
       Equipment Manufacturing 
5.    Scheduled Bus Service                                                 9.2%
6.    Court Reporting Services                                            7.7%
7.    Community Housing Services                                   7.5%
8.    Search Engines                                                               6.5%
9.    Family Counseling                                                        6.1%
10.   Video Games                                                                   5.8%

"Emerging industries remain well represented and continue to benefit from technological innovation and cost advantages," explained George Van Horn, senior analyst with IBISWorld.  "Unfortunately, the impact of the recession is equally pronounced among sectors directly benefitting from the social and financial stress associated with the downturn." 

While only five percent of all U.S. industries are fortunate enough to be positively impacted by the recession, IBISWorld research estimates that nearly 60 percent of all industries are negatively impacted or worse.

Next question: Everywhere in the world!What do you think?

1 comment:

Anonymous said...

VoIP is not dead. It's just hibernate for a while looking the time when it can come back with the right positioning in the industry. It's just born premature a long time ago, now it's the time to come back.