Quality versus cost- this has been the eternal compromise that we seem to be making all our lives be it at work, at home or any other place. Needless to say, this concept is further compounded when business struggle to decide which one to go with.

However, Peerless Network (News - Alert) has introduced a hosted Least Cost Routing (LCR) solution that promises to keep the company's name intact, giving customers both quality and reduced cost, said company officials.

It does this by merging network performance and operational intelligence into a hosted platform to simplify call routing and lower network cost. It is also expected to simplify implementation, provide optimal routing to low cost providers and update routing changes in real-time.

As part of this offering, the customer has total control while routing decisions, selecting vendors and negotiating price.

So, when traffic is delivered to Peerless, it is then routed to the customer’s predefined route choices. The combination of the cloud based LCR platform with a single SIP interface allows customers to optimize their termination costs from anywhere and at any time.

Given the competition that prevails among companies offering LCR solutions and that typical LCR software implementations often require a labyrinth of switch translations and upfront license fees, Peerless is reportedly offering customers a single interconnection and control routing from within Peerless’ network to reach their preferred providers.

Also, users of the cloud-based LCR platform don't have to integrate or add any software into their own network. It is being regarded as a powerful tool for customers looking to reduce cost without burdening their operations teams, said company officials.

All this serves to illustrate Peerless Network’s commitment to simplifying how networks, devices and people connect. The LCR software, currently in use within Peerless’ own network, further reinforces this fact.

Inc. magazine ranked Peerless Network Inc. number 97 on its annual Inc. 500 list, an exclusive ranking of the nation's fastest-growing private companies. Peerless joins an elite group of companies including Microsoft, Zappos, Intuit (News - Alert), Vizio and Oracle who have all previously been recognized in the prestigious Inc. 500|5000.