Cloud telephony is a technique that delivers telephone applications through hosted voice services over the internet rather than traditional phone systems. It provides benefits such as zero capital costs, easy setup, scalability, real-time analytics and flexible staffing. Leading providers of cloud telephony like Exotel offer features including parallel ringing, missed call solutions, call center software and CRM integration to help businesses improve efficiency and customer experience. While most providers offer similar core calling features, they differ in pricing structures, support options and capabilities like messaging platforms.