{"id":760056,"date":"2023-05-23T10:03:18","date_gmt":"2023-05-23T14:03:18","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/cradlepoint-survey-reveals-connectivity-issues-are-impacting-canadian-businesses\/"},"modified":"2023-05-23T10:03:18","modified_gmt":"2023-05-23T14:03:18","slug":"cradlepoint-survey-reveals-connectivity-issues-are-impacting-canadian-businesses","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cradlepoint-survey-reveals-connectivity-issues-are-impacting-canadian-businesses\/","title":{"rendered":"Cradlepoint Survey Reveals Connectivity Issues are Impacting Canadian Businesses"},"content":{"rendered":"

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Cradlepoint Survey Reveals Connectivity Issues are Impacting Canadian Businesses<\/b><\/p>\n

Three-quarters (74%) of Canadian organizations have made changes in the last six months to ensure their business will not be significantly affected by a major, prolonged network outage<\/i><\/p>\n

TORONTO–(BUSINESS WIRE<\/a>)–Cradlepoint<\/a>, the global leader in cloud-delivered LTE and 5G wireless network edge solutions, has published findings from its The State of Connectivity<\/b><\/a> survey in cooperation with Censuswide. According to the report, Canadian businesses have faced significant impacts from connectivity issues; 73 per cent of Canadian organizations reported at least one hour of downtime per week, and half of Canadian businesses faced higher operational costs as a result of connectivity issues in the last 12 months. One third of Canadian businesses noted loss of earnings and loss of potential business.<\/p>\n

\nBusinesses indicated that improved connectivity would better prepare them for future shocks with 92 per cent of Canadian respondents agreeing that good connectivity would make their company more resilient to unexpected changes (e.g. economic, political, global pandemic). This highlights how connectivity is paramount to business resilience, as well as how key decision makers are considering it a high priority for the modern enterprise. Three-quarters (74%) of Canadian organizations have made changes in the last six months to ensure their business will not be significantly affected by a major, prolonged network outage.<\/p>\n

\nAdequate connectivity isn\u2019t just crucial for organization resilience but also for addressing access inequalities across industries. The State of Connectivity survey found that more than 88 per cent of Canadian organizations think improving free connectivity will address the digital divide and eliminate disparities between poorer and richer students. Of those surveyed, 82 per cent of respondents agree that poor connectivity is holding students back from developing the skills required for the modern economy. In addition to this, 76 per cent of respondents agree that rural areas are currently being negatively impacted by lack of connectivity when it comes to medical innovation.<\/p>\n

\nSustainability initiatives have been impacted with six out of 10 Canadian organizations saying poor connectivity held back their sustainability projects in the last 12 months. More than 40 per cent of Canadian respondents agreed that 5G will ensure greater environmental sustainability through improved energy efficiency and real-time control of consumption (domestic, business and smart city), improve bandwidth (40%), and improve security (40%).<\/p>\n

\n\u201cThis report highlights the impact connectivity has on businesses across Canada,\u201d said Jason Falovo, vice president and general manager, Canada at Cradlepoint. \u201cHaving reliable connectivity enables organizations \u2013 including healthcare, manufacturing, first responders and government \u2013 to not only ensure they can manage requirements on a day-to-day basis, but to also be prepared for the unexpected. Additionally, it supports sustainability goals and, perhaps most importantly, helps to remove barriers and eliminate a digital divide. The need for investment and focus on expanding connectivity is crucial to ensure the success of Canadians.\u201d<\/p>\n

Additional findings:<\/b><\/p>\n