Voice over Internet Protocol (VoIP Definition of:) is a method that combines numerous technologies to transmit Voice communication and data (multimedia) over internet protocol networks, such as the internet. Also referred to as IP Telephony, Internet Telephony as well as a few other terms. How VoIP works is an often asked question, but basically VoIP is a collection of hardware and software technologies that enables users to use the internet as a communications medium by converting analog voice signals into digital packets which are then transferred using IP.
VoIP offers numerous benefits, the most attractive of which is the potentially huge cost savings. Originally used for voice, VoIP technology has grown to incorporate other data such as Video, Fax (FoIP), Instant Messaging (IM) which when combined with the almost limitless integration possibilities VoIP provides has seen the development of Unified Communications (UC) within the corporate sector.