Is PBX obsolete?

Are PBX systems truly obsolete in today's digital age? With the rise of cloud-based communication solutions and the increasing demand for flexibility and scalability, is it time for businesses to abandon their traditional PBX systems in favor of more modern alternatives? Or do PBX systems still offer unique benefits that make them a viable option for certain organizations? Let's delve into the pros and cons of PBX systems and explore whether they still have a place in the modern business landscape.