Corporate VOIP spending to reach $903 mln in 2005

According to Gartner, spending by US companies and public-sector organizations on VoIP systems will grow to $903 mln in 2005, up from $686 mln in 2004. Investment in hybrid systems, which handle VoIP and traditional calls, will grow from $1.5 bln to $2 bln. By 2007 Gartner expects 97% of new phone systems installed in North America to be VoIP or hybrids. The Telecommunication Industry Association predicts that 26 mln users will have VoIP by 2008.