Internet outages cost the UK economy £7 billion in 2016

Organizations in the UK have had a total of three days of Internet outages in 2016 each, according to a new report by Beaming. The UK economy lost £7 billion because of it, while companies lost productivity and had to cover for extra overtime. More than 75 percent of companies polled for the report say they experienced at least one connectivity failure that stopped them from accessing crucial services. In 2016, on average, a company suffered four outages, waiting six hours for each one to be fixed. Some companies managed to use the downtime to get other tasks done, while… [Continue Reading]