Smoothstone sees 49% revenue growth so far in 2009

Smoothstone, a Louisville, Ky.-based VoIP managed services provider focusing on the mid-market, announced that revenues in the first half of 2009 have increased nearly 49 percent compared to the same period in 2008. The company, which provides hosted VoIP and UC services, said its growth is more than double projections for the larger VoIP industry made by IBISWorld in March, which predicted a 20.1 percent industry-wide revenue increase.

Smoothstone also pointed to analyst firm Gartner's classification of UC as a top ten strategic technology for 2009 as evidence that its services will continue to be relevant in the market. Hosted VoIP and UC solutions are gaining traction as the recessionary environment leads companies to deploy communications solutions that have low capex commitments.

For more:
- see the press release here