Family. Friends. Turkey. And of course, who can forget leftovers?
These are some of the many things for which we typically give thanks at this time of the year. Business executives, however, now have an extra item to add to their gratitude lists: high speed bandwidth.
High speed bandwidth can offer a host of advantages for businesses across every sector, but to make sure you get to the table before all the tastiest parts of the turkey are gone, here are the top three reasons business execs should be thankful for this technology:
- Brings Your Business into the 21st Century: High speed bandwidth brings companies out of the dark ages of DSL and into the light with its flexibility in speed and dependable Ethernet connectivity. In the current marketplace, the capacity to gather and transmit information quickly and effectively is essential; high speed bandwidth offers that capability.
- Allows Your Business to Aggressively Compete No Matter the Size: High speed bandwidth is a bit like the stone David slung at Goliath: a great equalizer. With access to faster service, businesses of all sizes can compete with the giants in their respective industries. A higher bandwidth – such as 100 mb/s – will allow for more data usage and provide a greater competitive advantage.
- Takes Customer Service to New Heights: We live in a world that not only expects immediacy, but seeks it across all service areas. In fact, one in four people abandon a Web page that takes more than four seconds to load. These users represent business your company simply cannot afford to let slip away. High speed bandwidth improves response times and, subsequently, customer service and satisfaction. A happy customer, of course, is often a return customer.
Now that you’ve seen our list, we want to know why you are thankful for high speed bandwidth. We’d love to hear from you!
Many people have experienced the headache of being promised residential Internet service at a low price when, in actuality, it’s not as fast or cheap as they were initially promised it would be. Residents shouldn’t have to settle with Internet service providers (ISPs) when it comes time to settling down; they can’t risk having any surprises. The only way to ensure high performance residential connectivity is by considering a high-speed residential Internet package that keeps the customer top of mind. The benefits are made more than clear with such a service – for example, like Wolfe Residential Connect:
1. Fast, Reliable Service: According to J.D. Power’s 2013 U.S. Residential Internet Service Provider Satisfaction Study, performance and reliability are by far the two most critical factors in driving overall satisfaction and meeting customer expectations. Over one-third of participants said they upgraded to premium speed service packages and, after doing so, made nearly twice as many positive recommendations to family and friends.
2. Bandwidth-Intensiveness: “Providing value-based bandwidth and download speed offerings are key for industry growth,” says Kirk Parsons, senior director of telecommunications at J.D. Power. Given the surge of such things as smartphone usage and video streaming services, residents today require more bandwidth than ever to meet their Internet and data needs. A higher bandwidth (for instance, 100 mb/s) easily allows for more data usage. Services that offer this level of bandwidth will enable users to play bandwidth-intensive games online, stream their favorite movies and TV shows through their computer and much more.
3. Telecommuting: The number of telecommuting employees has increased by over 60 percent over the last eight years, and now, over two million people work a “flexible schedule at least part time,” according to data from Inc. Magazine. Residential high speed Internet service enables work to continue running smoothly for the millions of individuals who choose to do business at home.
These are just three reasons why property owners and developers should be considering high speed Internet to ensure resident satisfaction. They are also just a few indicators of how the industry is continually growing and advancing.
VPN and WAN, Layer 2 and Layer 3 and Mb/s and Gb/s – the world of high speed bandwidth can oftentimes look like alphabet soup. Between all of the fancy acronyms, complex terms and intimidating vernacular, it can be difficult for companies to fully appreciate the fascinating aspects of this unique industry. Nevertheless, there’s been a lot of buzz about these hot – albeit confusing – terms, and so it’s vital that those looking to entrench themselves in the network connectivity space become familiar with all of the above and more. Let’s take a look at the basics of one such term in the space: Multiprotocol Label Switching, or MPLS.
What is MPLS?
Multiprotocol Label Switching enables IT administrators and system integrators to speed up network traffic flow in a much easier and more manageable way. MPLS works within the Internet Protocol (IP), directing data from one network to the next based on short path labels, as opposed to various network protocols.
What are the Benefits of MPLS?
There are plenty of reasons why organizations decide to invest in an MPLS network:
Easier Management: MPLS helps businesses manage network traffic in a more manageable way. Because data is directed between nodes based on shorter path labels, companies can avoid complicated lookups in a routing table, which lists the routes data takes to particular network destinations.
Greater Scalability: Because packet-forwarding decisions are made solely on the contents of this label, IT no longer needs to examine the packet itself. This enables individuals to create end-to-end circuits that can work across any type of transport medium using any protocol.
Greater Flexibility: The primary benefit of MPLS is that it essentially eliminates companies’ dependence on a particular OSI model data link layer technology (i.e. ATM, Frame Relay or Ethernet), because the technology is associated with packet-switched networks.
MPLS-enabled services represent the next generation of network capabilities and support. Click here to request a consultation with our expert team at Wolfe, where you can learn more about MPLS and how your business can benefit from it.