The author, Phil Edholm, believes that the speed of the bankruptcy process is of great importance. He compares the bankruptcies of Nortel, which was a long and painful process, and that of Aspect, who reached a much quicker conclusion.
Edholm explains that “Chapter 11 is designed to enable continued operations and return to normal business (versus the total liquidation of Chapter 7), creditors have claims to all of a company’s assets and cash. Those claims can prolong the bankruptcy process, and often lead to liquidation, which is what happened in the Nortel case.”
On the other hand, Aspect was able to avoid this by securing the support of creditors and developing a plan before filing.
Reports from Avaya indicate that they do not have a plan and are only beginning the process of negotiations.
With the outlook looking so uncertain, this seems to distract from the essential issue – why did they get into this position in the first place?
If your company still has a Nortel system such as the Meridian or the B200, it is long overdue for an upgrade. With Nortel out of the picture and Avaya’s future looking uncertain, now is the time to take your company forward with a new telephony system.
Whether you are hesitant to leave behind your pricey PBX or anxious to try something new, moving to a VoIP system will have a positive impact on any company or organization.
Nortel systems were well built and long lasting, but the world of telephony has evolved into something entirely new and different. Gone are the days of expensive hardware and physical telephony systems. VoIP, based on software and data, boasts many advantages.
From increased productivity to economic savings, VoIP will not disappoint. Ready to get started? Sign up for a free account and take the first step beyond Nortel.
Are you a Nortel customer trying to decide where to go next? Are you faced with more options than ever before and unsure which is the best after leaving Nortel Networks and BCM 50? Have you considered PBXware Key System?
PBXware Key System is the logical next step after Nortel, also known as Nortel Norstar or Meridian Phone Systems, for several reasons…
1. Fast & Easy Set-Up
Migrating to a new telephony system is difficult enough without the added-in stress of a lengthy installation and steep learning curve. PBXware Key System boasts the fastest phone system set-up on the market.
2. VoIP Telephony
The telephony market has been inundated with VoIP offerings in recent years. With more features, bigger sales, and less costs, most telephony companies have already made the move to VoIP. It is not a passing trend, VoIP is the telephony of the future and of today.
3. Account Managers
Bicom Systems PBXware Key System goes above and beyond the features and capabilities you would expect by giving you an experienced Account Manager that is prepared to walk you through the transition and even beyond. Rest assured that your Account Manager will understand your business and ensure you receive the best possible system and support available.
4. Unified Communications PBXware Key System is part of a turnkey Unified Communications system that will make communicating easier, faster, and more efficient for your company. Our software trio and additional desktop and mobile applications give users flexibility and constant connectivity. Simplify your telephony migration by switching to a company that can offer you everything from the same place.
5. Extensive Features
One of the most impressive aspects of PBXware Key System is its extensive feature-set. Make this telephony upgrade worth it by increasing employee productivity and efficiency through useful telephony features.
VoIP PedigreeThe VoIP market is full of newcomers with offers that will dazzle and impress. Be cautious and look for an experienced company that has a long and positive track record. Read case studies and ask for references.
Core BusinessMost telephony companies have more than once focus; look for a company that is committed to phone systems and that shares your outlook on telephony. Find a company that will innovate and progress but continue offering what you need.
Range of FeaturesAs you dive into the world of VoIP for the first time do some research on the options and features available. You are going to want to stay with the same telephony provider for a long time, so make sure they have everything you need and want.
Customer BaseDoes the provider usually serve large enterprises? SMBS? Is there niche a specific industry like hospitality, medical, or government? Seek a provider with customers similar to your own company so that they will understand your business needs and obstacles.
ViabilityThis is going to be a big move – go with a provider that will be around for many years to come. Ask about the provider’s financial situation and their plan for the next several years. Pay attention to how the company is doing and choose one that appears to be viable in the world of ever-changing technology.
Ready to get started? Talk to one of our experienced Account Managers about upgrading to PBXware today! With a fast & easy setup, PBXware encompasses the most advanced technologies and unified communications features along with an understanding Account Manager to help you with the transition and beyond. Just email us at email@example.com today!
The whitepaper from Ziff Davis lays out several options and roadmaps and encourages companies to take the initiative to make a decision before their competition gets ahead of them. The move from TDM to VoIP may be intimidating but it is necessary and ultimately beneficial.
Ready to move forward? You have three options:
Stay with NortelIf your company is satisfied with its current system and is still reaping the benefits from its initial investment with Nortel, it could stay on board for another year. Avaya will continue supporting Nortel customers until October 2015. However, keep in mind that the competition is beginning to make the move to VoIP and will be leaps and bounds ahead a year from now.
Transition to AvayaAvaya promises a seamless move to their VoIP system for current Nortel customers. The move would be relatively painless and your company would not lose its support system along the way. Avaya is big and has a good reputation; making it a viable option for your company. But as long as your company is going through a migration, consider all of your options.
Switch to a new providerIf you are ready for something completely new, delve into all of the new telephony options on the market today. Perhaps you want the latest technology; maybe you want to switch to a smaller company that will give you more personalized attention; or maybe you want to spend less on telephony – you are sure to find something that meets your needs.
Ready to switch to a new provider but unsure how to choose? Stay tuned for our next post How to Choose a New Provider after Nortel.
Or talk to one of our experienced Account Managers about upgrading to PBXware today! With a fast & easy setup, PBXware encompasses the most advanced technologies and unified communications features along with an understanding Account Manager to help you with the transition and beyond. Just email us at firstname.lastname@example.org today!