Every business depends on technology to operate. With fast and reliable internet connections, strong cellular signals, and sophisticated telecommunications systems, it is possible to communicate effectively with customers and colleagues, suppliers and partners in a variety of ways. Any business that does not have access to the latest technology will be harmed.
The accelerating rate at which digital technology has developed in recent years and our dependence on it has put great pressure on copper-based network capacity. Broad-scale fiber networks (often called Fiber to the Premises or FTTP) are seen as the only way to overcome this and equip the home and business with what they need.
The recently released ‘Gigabit Britain Building’ report compiled by leading UK companies highlights the importance of a broad fiber network for the long-term outlook for UK business and the broader economy. Because the population is embracing progress in digital communications, wireless devices, remote work and competition in the global market, fiber needs are clear.
This report highlights a number of ways in which the Government can, and in the author’s opinion, support the launch of new fiber infrastructure. This includes investing in a clear strategy that is committed to 80% of the population that has access to fast fiber broadband in 2026, with almost universal coverage by 2030.
With regard to the regulations currently governing the industry, it should be noted that while some regulations help protect customers, others are more of a barrier to progress. This shows that some financial barriers were eliminated and that current regulations were reworked to encourage competition and collaboration from telecommunications companies. This is seen as important for innovation in communication and private investment in launching fiber networks.
This report also raises the importance of enforced advertising guidelines, so that clear and transparent information is available to the public. The success of many local economies can depend on timely fiber launches and how the process is communicated and managed by local councils and telecommunications companies.
Fast and Reliable Broadband
So, if broadband is fast and reliable and embracing digital technology is very important for the future of the UK economy, how will it affect your business? Does broadband speed affect your decision about where your business is located? Do you rely on fiber roll outs to realize the goals in your business plan?
Does reliable fast broadband allow you to take advantage of the latest business telecommunications systems? If so, your employees can be easily contacted (by you and your customers) whether they are at their desk, going out on a business event, or working remotely. You can save time and money by calling conference partners and clients, rather than meeting in person. You can avoid losing important calls with voice messages and printed transcripts of messages.
Many companies have not improved their business telecommunications in recent years, this does not seem to be a top priority, but like your IT, there may be significant benefits from simplifying procedures, increasing productivity, and integrating one system with another.
Business Telecommunications System
Your company may have to wait several years before a fast and reliable fiber system already exists, but you can benefit your operations by investing in the latest business telecommunications systems. If your team finds it increasingly difficult to manage an increase in call volume, or seasonal peaks, then this could be a sign that an upgrade must be made.
Other indicators include problems with solving problems with the system and the challenges of barriers associated with adding new channels or integrating mobile phones with other technologies. While many Company Directors have concerns about the cost of upgrading, the reality is that the latest telecom business is often far more effective than the old system and can cause considerable savings in the long run.
If you want to find out more about how a better communication system can support your business goals, Opus Telecoms can help. We are a Corporate Partner of the Institute of Telecommunications Professionals (ITP) with expertise in the supply, installation and support of various high-tech telecommunications business specifications.