The World Wide Wait
- barboramatusinska
- 5 days ago
- 1 min read
Reliable connectivity still eludes many parts of the world. If all businesses are digital now, what happens when your connection is slow, unreliable or unavailable? We look at some of the problems and how they are being addressed.
As consumers move online, businesses do too, for sales, marketing and a growing range of operational purposes. Around the world, e-commerce, cloud computing and big data analysis are boosting business efficiency, but all are undermined by slow or unreliable connectivity. AI is the latest technology to significantly improve business operations, but it, too, relies on a robust connection to the internet.
Every business needs to be a digital business, otherwise it risks falling behind. The easier it is to get online, and the faster you can work when you do, the more successful you are likely to be. Most analysts would agree that access to fast and reliable broadband internet is a crucial factor in boosting local, regional and national growth and productivity. In developing regions the gains can be significant. Research from the International Telecommunications Union found that, in Africa, an increase of ten percent in mobile broadband penetration can increase GDP by 2.5 percent per capita.
Read the full article in our recent UHY Global publication Global Issue 20
