It doesn’t matter if you’re a one-man business operator or a large enterprise; a faster internet connection can change how you communicate with your clients and suppliers and customers and can open up new opportunities and increase your revenue.

Mainly, three nbn-based services will drive transformation across businesses over the next few years and these are Cloud computing, e-Commerce and Remote Working. We describe each below:

Cloud Computing Reduces Costs

Cloud computing is where your data, applications and servers are no longer stored on physical hardware in your premises but rather access through the internet. Cloud Computing means no more spending money to upgrade servers, update applications or increase storage. You can simply buy cloud server with data storage you need and access new applications and software over the internet. These services are called Infrastructure as a Service (IaaS) and Software as a Service (Saas). This makes it easy and affordable for businesses to use the latest infrastructure technologies and to access the latest versions of software tools.

Another benefit of Cloud Computing is it eliminates back-up worries as you’ll be able to access your files from anywhere anytime as long as you have access to an internet connection. You will no longer need to physically go to your office or business premise to complete your work.

Using Cloud-based services is an effective way to reduce software and other computing costs. Other bonuses are that it protects your data and eliminates back-up worries, helping you not lose any work related data due to a hard drive failure on your PC or server. This also means you access your files wherever you have an internet connection, rather than having to return to a central location to complete forms and update data.

E-Commerce Leads to New Markets

E-commerce is a fantastic way for small businesses to reach a larger market without requiring a large marketing budget. Online retail spending in Australia is rising year after year and with online spending on the rise, businesses need to be prepared with an e-commerce presence to take advantage of the massive revenue stream. In addition to e-commerce presence, having a mobile friendly website is becoming essential for a business.

Collaboration and Remote Working  

New technologies and flexible work policies are allowing employees to work from home, remote offices or even the local coffee shop. New collaboration tools and technologies also open up global opportunities, allowing collaboration from people in different states and even different countries.

Remote working can benefit both the business and workers: workers could spend less time stuck in traffic , may be interrupted less, feel more satisfied and may deliver greater productivity; while a business could spend less on office space, improve customer service and has a much wider talent pool for new hires as they’re not tied to employees who live locally.

Businesses need to make sure that employees working remotely are fully engaged, able to collaborate with other team members, give feedback and manage their schedules. NBN helps by providing a fast and reliable internet connection, making it easier to work remotely, especially if the job involves transfer of large amounts of data and files.