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A technology driven business, is a more profitable business

Richard Sheppard • 16 August 2016

Successful and profitable businesses embrace technology.

Transscript

Work time and resources lost to slow computers

  • 7.15 days per year lost to slow computers (3.57% based on 260 work days)
  • Average UK salary – £26,500
  • 3.57% of employees time on average is wasted due to slow computers
  • Annual cost of time waste per employee: £946
  • The opportunity cost of time wasted is on average double the wage of the person who’s time is wasted
  • Average annual opportunity cost of IT time waste per employee: £1,892


Inadequate business processes cause more time to be lost

  • Most companies do not have a business level document management system, resulting in key documents becoming spread amongst DropBox, Google Drive, servers, e- mail attachments, desktops and mobile devices.
  • On average, people send and receive 15 emails with attachments per day
  • 50% of businesses wait for hardware and software to become obsolete before considering an upgrade – losing years of productivity boosts
  • 20% of the EU workforce spends more than 10 working hours per week out of the office
  • 96% of execs cite lack of collaboration or ineffective communication for workplace failures.
  • Office 365 is Microsoft’s fastest growing commercial product ever, thanks to its collaboration, remote working and productivity features

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