Business VoIP Industry Continues to Grow with Nextiva Leading the Way

Headquartered in sunny Scottsdale, Ariz., Nextiva – a provider of an innovative cloud-based business VoIP service which allows businesses to enhance their efficiency when communicating – will soon be enjoying an even brighter future.

Recently, the growing company revealed that it has expanded significantly in 2011, increasing business VoIP communication clients by a staggering 104 percent. The company’s revenue and number of employees also doubled in size over the 12-month period.

Proving the fact that Nextiva is doing many things right, the company recently received the prestigious “Best Place to Work” award, which demonstrates the company’s mission of establishing a fun, collaborative, success-driven work environment that will not only benefit the company but its customers as well. According to the company website, the business VoIP system powered by Nextiva turns “business telephone systems into a powerful competitive advantage that enables small business customers advantages previously only available to large enterprise companies.”

Additionally, Nextiva also received the Internet Telephony Product of the Year award for the fourth consecutive year.

“At Nextiva, we believe that providing exceptional products, combined with amazing service, to our internal team as well as to our customers will continue to enhance our position in the market and fuel future growth,” said Yaniv Masjedi, vice president of Nextiva. “Our accomplishments during 2011 could not have been achieved without the dedication and support of the entire Nextiva team.”

What is the company up to this year? It will continue to increase in size, with plans to hire around 100 employees as well as debut multiple, innovative business VoIP communication products and services for small and midsize businesses in 2012.

In other industry news, virtual-pbx reported that recent statistics provided by Infonetics Research reveal that the business VoIP industry will eventually be worth upwards of $76.1 billion by 2015.

The research firm said in a statement, "The residential segment continues to make up the majority of VoIP services revenue, but the real growth is in the business segment, particularly SIP trunking services and hosted VoIP and unified communication services."

Jamie Epstein is a virtual-pbx Web Editor. Previously she interned at News 12 Long Island as a reporter's assistant. After working as an administrative assistant for a year, she joined TMC as a Web editor for virtual-pbx. Jamie grew up on the North Shore of Long Island and holds a bachelor's degree in mass communication with a concentration in broadcasting from Five Towns College. To read more of her articles, please visit her columnist page.

Edited by Carrie Schmelkin