Those of you who were around in the 1980’s will remember when service providers marketed their "hosted" business service called Centrex. We did not call it hosting at the time but offered an alternative to CPE or customer premise equipment. Whether on SMB or larger Enterprise, one could say the service providers were not really successful. As businesses upgrade their communications to the next generation world there is a huge opportunity to host solutions again, whether by incumbent Telcos, Cable Telephony suppliers or pure play IP service providers. The convergence of networks, pace of development, flexibility and other factors make hosting of applications an attractive alternative for businesses to consider. This panel will lead a discussion on experiences to date and what possible directions hosting of individual applications such as UC, FMC or complete hosted communications is headed