BUSINESS

FIXED LINE/FIBRE NETWORK FAILURE AFFECTS OVER HALF SINGAPOREAN ORGANISATIONS - CRADLEPOINT SURVEY

15/04/2024 04:13 PM

KUALA LUMPUR, April 15 (Bernama) -- Cradlepoint, part of Ericsson, revealed that 57 per cent of Singaporean organisations experienced one to two hours of weekly downtime due to fixed line/fibre network failure, despite 62 per cent of organisations using cellular connectivity.

According to its 2024 State of Connectivity survey, alarmingly, 25 per cent experienced three to four hours of downtime per week, due to fixed line/fibre network failure over the last 12 months.

These figures suggest that cellular connectivity is only being used in some organisational areas, according to the global leader in cloud-delivered LTE and 5G wireless network and security solutions, in a statement.

Furthermore, 50 per cent of organisations are already using network edge solutions to enable in-vehicle connectivity, with another 47 per cent looking to extend their network edge solution to include in-vehicle connectivity in the next 12 to 24 months.

In addition, more than two-thirds of Singapore’s organisations experienced a network security attack in the last 12 months. Of those that were the target of a network security attack, nearly one-quarter suffered a major security breach which resulted in loss of data and over 14 per cent resulted in significant company fines.

Conducted by Censuswide, the survey revealed that sustainability plays a significant role in Singapore’s business and public sectors, with 60 per cent of organisations agreeing that it plays a key role in their organisations short-term and long-term goals.

In fact, the same portion of organisations agreed that increasing sustainability efforts could help improve business revenue.

Despite a positive approach to new technologies and over 94 per cent of organisations surveyed considering 5G wireless connectivity to drive innovation and digital transformation, some organisations still have questions about investing in 5G.

The State of Connectivity in Singapore survey is based on the findings of over 500 respondents comprising business owners, C-level executives or senior managers at companies with over 250 employees.

-- BERNAMA


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