The document discusses the current state and future prospects of Voicexml and CCXML standards in telephony systems, highlighting their widespread adoption among major vendors. It notes the economic drivers behind this trend, including cost reduction needs and the growth of cloud services, predicting that by 2013, the majority of IVR systems will use Voicexml. Phonologies, a provider of cloud-based telephony solutions, leverages these standards to deliver innovative applications for a variety of business processes.