Connectivity deficit’ costing firms £30bn a year


Small and medium-sized enterprises in the UK are losing out on a potential £30 billion of extra business every year because of a “connectivity deficit”.

A new report published by the Centre for Economic and Business Research (Cebr) and communications giant O2 has revealed worker productivity is nowhere near as high as it could be, due to a lack of access to sufficient technology.

The need for better remote working facilities was one example given in the study, with each worker apparently able to save 127 hours per year by cutting out unnecessary travelling.

Another issue highlighted was that staff are currently unable to access the necessary tools required to help them work more effectively outside the office.

O2’s business director Ben Dowd said: “Too many businesses pay lip service to technology, but the reality is that our businesses and public sector organisations are yet to get the best that technology has to bring.”

The Secret Businessman