With the announcement that six areas in the UK will soon be trying out business internet technology that will provide connectivity speeds approaching one gigabit per second (Gbps), some businesses will be celebrating the thought of moving away from their incumbent, slower connectivity.
Government-funded pilots will be run in Bristol (including Bath and North East Somerset), West Sussex, Coventry and Warwickshire, West Yorkshire, Greater Manchester and Aberdeenshire with connections, known as full-fibre, taking high-speed cables directly to premises to replace existing final copper links.
The Government hopes that these areas will significantly benefit from the availability of gigabit speed technology that can download an HD TV programme in five seconds. But it is business-use that we are more concerned about.
With speeds like these at their disposal, businesses will be able to work faster and will become more competitive and more profitable.
This echoes a scheme rolled out three years ago, which offered faster internet connections to businesses to help them gain the same benefits. The results spoke for themselves with businesses benefitting from an average £1,300 extra profit per annum.
These businesses made use of what was known as the SuperConnetced Cities Voucher Scheme to help them pay for the dig work required to gain these faster connections. In fact, some businesses pooled their resources to share the cost so they could share the improved speeds.
Gigabit Connection Voucher Scheme
Clusters of businesses may choose to do the same when the Gigabit Connection Voucher Scheme becomes available this autumn. Vouchers are due to be offered in the same way and businesses operating in close proximity will be able to put in a joint bid.
If businesses benefited from sharing a faster broadband connection – minimum 24Mbps – three years ago, just think how sharing a gigabit connection of around 1,000Mbps will feel!
I would advise businesses in these pilot areas now to start speaking to their neighbours now to see if they are interested in sharing some of this superfast connectivity.
If you want us to support you through your application, please do not hesitate to contact me as I helped many businesses gain better connections the last time around.