In today’s world, a huge part of business operations is conducted online – from emails to cloud storage, the internet has become a utility that is necessary for big and small businesses alike to function and work efficiently.
With that being said, not all internet connections are created equal. Some can deliver information at the blink of an eye while others just lag behind. In a perfect world, every business would have a high-speed internet connection that would ensure improved productivity among employees and better servicing for clients.
Many business owners remain unconvinced that high-speed internet can dramatically boost their operations. Most are turned off by the upfront costs and neglect to investigate how faster internet can make a significant difference in the way they conduct their day-to-day processes.
Here are four ways that high-speed internet can improve your business:
1. Faster turnaround time for clients
From the very first moment you respond to a potential client, you are setting expectations for how to communicate, how project flow works, and what they should expect from you. If it takes ages to respond because your internet is lagging and pages are not responding properly, chances are likely that you will lose them before they could even sign the dotted line.
By having high-speed internet, you can power through inquiries from potential clients or requests from current ones with ease. You’re always connected and available to serve your clients, when they need it, through any apps your business may be using.
2. Easier internal communications
Within a business, it is not uncommon for internal employees to spend much of their day on VoIP calls to coordinate work tasks as well as accessing and downloading large files from cloud servers. It is almost impossible to do these tasks using a slow internet connection.
With slow and unstable internet connections, it can be difficult to conduct online conference calls for internal project briefings or to utilize remote video, like Skype, to hold interviews with potential new hires or clients.
In terms of cloud computing, the constant uploading and downloading can take time, especially with slow internet connection. According to a white paper from Integra, “45% of organizations cite bandwidth requirements as a barrier to cloud adoption.” The lag time during file upload and download is used for unproductive non-work-related activities by staff members.
In addition, when an office staff is sharing bandwidth, the Internet speed is likely to slow down. Running a seamless business often means that teams of people are trying to get multiple projects done and are running multiple devices at the same time, a daily occurrence that a slow speed of 15 or 20 mbps won’t be nearly enough to cut it.
A reliable internet connection ensures that staff members remain focused on the tasks at hand and eliminate any kind of distraction that could stem from disruptions and connectivity issues.
3. Faster access to information
Lagging internet means disrupted access to information that you can otherwise get in just a few clicks. For example, you’ve been looking forward to watching a live streaming of a Tedtalk that discusses revolutionary strategies you can use to further develop your existing and new product lines and as you begin to watch, it glitches every few seconds, resulting in you giving up and missing the information you desperately wanted to hear. The rise of consumption in bandwidth-eating multimedia, like video streaming, has further pressed the need for businesses to upgrade to high-speed internet connections.
In all honesty, time is money. If you and your staff spend four hours a day doing research, accessing systems, or addressing customers and vendors online, and five percent of that time is wasted due to a glitching internet connection, that’s 50 hours per employee down the drain in a year’s time and thousands of dollars potentially lost.
4. Reduce operational costs
Productivity is directly linked to internet speeds. As stated above, when businesses have unreliable connection, thousands of dollars could be lost each year. Yet, one of the biggest barriers that prevent businesses from adopting high-speed internet is the upfront cost. As discussed in previous points, the efficiency and productivity gained from high-speed internet can reduce expenses by more than the added cost. Faster internet speeds can bring in flexibility and scalability by allowing your team members to work remotely and centralizing applications and services on the cloud. Businesses can opt-in on Software-as-a-service (SaaS), cloud storage, and VoIP services to save on operational costs.
In the end, larger bandwidth and faster speeds can dramatically impact the way you service customers, collaborate with your staff and access information you need to make your business the best it can be.
Try out our reliable Fiber-optic connection and see how it can significantly improve and boost your business operations.