As we progress into 2024, the National Broadband Network Corporation (NBN Co) is expanding on its current capabilities and services. It was recently announced on the NBN Co website that a further 400,000 homes and businesses will be eligible for its free fibre upgrade program. This means that the total number of addresses earmarked for “super-fast NBN” will be over three million. Having a fast internet connection for your business is more important than ever, with fast data transfer, cybersecurity, an increase in innovative technology, and increased efficiency for multiple users crucial for a business’s success.
Fast Internet: NBN Co’s Plans
It was recently announced that there would be a further expansion from NBN Co into the National Broadband Network (NBN). Whilst this is often just seen as fast internet, this expansion goes beyond that, with the idea to increase the NBN footprint, reaching some of the most remote areas in the country. The concept is that the digital divide will be reduced, ensuring all Australians, regardless of their geographic location, will have access to fast internet.
For businesses, this will potentially shape up to be a pivotal moment for a multitude of reasons. Not only does it increase the potential customer base, with further access provided, but also means for expansion if and when desired. Businesses can also take advantage of this increasing fast internet development through a number of avenues outside of purely a customer base. Productivity, cyber security, and adapting to innovative technology are just some of the benefits possible from the latest news and plans for NBN Co heading into 2024.
Fast Internet: Productivity
For any modern-day business to succeed, modern day methods and processes are essential. Fast internet helps with such a concept, with rapid data transfer pivotal to businesses that will need to rely on to be set up for success. Fast internet allows for the speedy transmission of large files and documents, allowing businesses to be more productive, rather than waiting around for their slow internet to upload.
Having quick access to cloud-based services is also an important benefit of the fast internet that NBN Co provides. Businesses are increasingly reliant on cloud-based services for storage, collaboration, and software applications. Fast internet speeds ensure that employees can seamlessly access and utilise these resources, leading to improved collaboration and streamlined workflows.
High quality video conferencing, instant communications and virtual meetings are integral to modern business workflows. Fast internet is vital to ensuring that this process is as seamless as possible, ensuring smooth and uninterrupted communication in real time, and allowing collaboration whether the workforce is in office, or even working remotely.
Fast internet is also an essential component for businesses when it comes to the ability of staff and external individuals to collaborate together on tasks and projects. For 2024, NBN Co is forging strategic partnerships with telecommunications companies, technology innovators and government agencies, aiming to leverage collective expertise, resources, and technologies to accelerate the rollout of advanced internet infrastructure.
Fast Internet: Innovative Technology
Innovation and technology adoption are critical drivers of success for businesses, and high-speed internet is crucial for such action to be taken. The implementation of concepts such as artificial intelligence (AI) and machine learning are becoming increasingly prevalent for businesses, and fast internet is crucial to utilise them effectively.
AI and machine learning technologies are transforming industries by automating processes, analysing extensive datasets, and providing valuable insights. Fast internet is crucial for training machine learning models and facilitating the real-time processing of AI algorithms. This capability enables businesses to harness the power of intelligent automation and data-driven decision-making.
Virtual reality (VR) and Augmented Reality (AR) technologies are increasingly being adopted for immersive experiences in various industries. Fast internet is essential for delivering high-quality VR/AR content in real-time. Businesses can use these technologies for training, product demonstrations, and interactive customer experiences, enhancing their innovative offerings.
Emerging technologies, such as blockchain, edge computing, and quantum computing, are driving innovation across industries. Fast internet allows businesses to rapidly adopt and integrate these technologies into their operations, staying at the forefront of industry trends and gaining a competitive advantage.
Fast Internet: Cybersecurity
Cybersecurity is one of the most important features that businesses need to focus on in 2024 and beyond. It is increasingly common now for hackers and cybercriminals to target businesses, no matter the size. According to the Australian Signals Directorate, part of the country’s intelligence community, Australia’s reported cybercrime reports was up 23% in 2023, at nearly 94,000 reports. The top 3 cybercrime types for businesses were email compromises, business email fraud and online banking fraud.
Fast internet alone is obviously not the solution to cyberattacks, however its existence allows for certain cybersecurity processes to be implemented, ensuring your business is as well equipped as possible in the event of a malicious attack.
Fast internet enables businesses to implement continuous monitoring of network traffic for unusual patterns or behaviours. This continuous surveillance allows businesses to detect potential security threats in real time, enabling a proactive response to mitigate risks promptly.
Fast internet also supports secure remote access to business networks. Virtual Private Networks (VPNs) and other remote access solutions require high speed internet to establish secure connections, allowing employees to access company resources without compromising data security.
If you would like to learn more about our services or our cutting-edge cyber security awareness and training platform, click here. Or feel free to contact Adept IT Solutions on 1300 4 23378 (ADEPT) or email us at info@adept-it.com.au.
