In what the private network solutions provider LTE and 5G said highlights the growing awareness, interest and appetite for private networks, a Quortus study found that nearly two-thirds (63%) of U.S. companies and Europe have suffered reduced productivity and efficiency at the hands of weak and unreliable connectivity.
The study by Sapio Research interviewed IT decision makers in companies in the US, UK, Germany and France about their current connectivity issues. She interviewed 260 of these professionals in companies with between 1,000 and 10,000 employees and turnover of over $ 1 million per year, operating in the manufacturing / industry, retail, health, automotive, defense / security, maritime transport, logistics and local communities.
Quortus said the findings fundamentally highlight the perceived inadequacies of public fixed and mobile networks. It found that up to 91% of companies surveyed believe that the limits of their existing connectivity are directly related to the limits of public macro networks, while the main limits of public networks frustrating companies include poor security, network speeds. restrictions and a limitation of the limited available network capacity. innovation.
Almost all (97%) of the organizations said they were ready to invest more money to ensure better connectivity, and almost half (47%) would increase their current budgets by 10% if it reduced fears and existing limitations and helped improve operational efficiency. In addition, a fifth of companies do not believe that the quality of their existing connectivity will support the achievement of their future digital ambitions.
Until recently, businesses had to rely on public macro-networks for broadband connectivity, âsaid Neil Dunham, vice president of sales at Quortus.
âOur study reveals significant levels of frustration with the limitations inherent in macro-grids. Too often, global businesses find that the quality of the connectivity they receive is determined by the location of the business, relative to network sites, and the number of users that depend on it.
âAs this study shows, strong and reliable connectivity is an important catalyst for greater operational efficiency, improved service innovation and improved productivity. It’s no surprise, then, that companies are so closely assessing their future needs and evaluating alternative means of supply.
The study also found that many global companies are taking responsibility for safeguarding high-quality connectivity by building and operating private cellular networks. Almost a quarter (23%) of the companies surveyed currently operate their own network, while a third said they prefer to build their own network with the help of specialist partners, rather than buying it directly from a public operator.
The main perceived benefits of private networks for businesses include increased security, improved performance, and tighter network control. Evaluating trends in this regard, Dunham noted that what he said was “burgeoning excitement” towards private networks was causing companies to consider their build, design and deployment options.
âThe main areas of motivation for corporate IT decision-makers include the desire to benefit from specialized vertical knowledge and expertise, without being limited by the footprint or service capacity of a public operator and the need for requirements on measure now and in the future, âhe added.
âOnly private networks can offer a truly tailor-made connectivity solution to ensure appropriate levels of performance, reliability, security and control for all global businesses. “