Telepocalypse

Quote of the day

From the excellent EuroTelcoBlog, a piece on Peerio, an enterprise-focused peer-to-peer telephony technology provider:

Peerio claims that it eliminates around 80% of hardware and maintenance expenses associated with corporate PBXs, and can reduce the total cost of ownership of corporate telephony over ten years by 99.75%, compared with conventional centralized systems.

Oops! There goes another smart network industry segment. Although I doubt the demise of the proprietary and expensive PBX will be widely mourned.

Audience rhetorical question: If you had to wake up in the morning and revel in the smell of burning business models, would the smell be acrid or sweet?