PBX systems were designed for businesses. The private branch exchange system serves organizations, offices, and businesses by establishing an internal network of telephones. Business PBX is a redundant term in this sense, though today residential VoIP services may be based on PBX systems.
In the 1990s innovations led to new PBX technology, namely VoIP and hosted PBX. VoIP and hosted PBX allowed smaller businesses to take advantage of complex PBX functions and features that were not practical before. In the past, PBX systems were incredibly complicated and expensive to setup and maintain, making it difficult for small businesses to use.
There are other business telecommunications systems such as Centrex, but business PBX systems have become versatile enough to offer equal or greater features for similar cost.
In the 1990s innovations led to new PBX technology, namely VoIP and hosted PBX. VoIP and hosted PBX allowed smaller businesses to take advantage of complex PBX functions and features that were not practical before. In the past, PBX systems were incredibly complicated and expensive to setup and maintain, making it difficult for small businesses to use.
There are other business telecommunications systems such as Centrex, but business PBX systems have become versatile enough to offer equal or greater features for similar cost.