Quality Assurance

Quality assurance is how many companies ensure minimized issues and defects in manufactured products and services. Quality control and quality assurance tend to be used interchangeably, but have the same goal in mind –defect prevention. By finding faults early on, solutions can be made prior to product hitting market or being delivered, which in turn […]

Voice Over IP

Voice over IP (VOIP) is delivering voice communication and multimedia over Internet Protocol (IP) networks. The process involves encoding, signaling, channel set-up, and the digitization of voice signals.

Wholesale Carrier

A wholesale carrier is the owner or operator of a telecommunications network that sells capacity to other telecommunication service providers.

LTE

Long Term Evolution (LTE) is a trademark of the European Standards Telecommunications Institute (ETSI) and is a standard for wireless broadband communication. LTE is used to refer to wireless data communication technology and development of the GSM/UMTS Standards, its goal is to increase the speed and capacity of wireless data networks.

Future Proof

Future proof or future-proofing is a term used to describe the anticipation of future events to minimize stress and change on development. Implementing this strategy on projects allows not only for reduced cost overhead in the long term, but for the product to maintain or increase in value due to these events. Future-proofing can also be referred to […]

Costs of Goods Sold

COGS means the direct cost of producing a product sold by a company. It excludes indirect expense, like sales force or distribution cost. It does include cost of material and labor used to create said product. Costs of Goods Sold is most commonly used to determine gross profit for a company. It differs from Cost of Revenue or Operating Expenses, […]