Sharing a post from fellow Advocate Tim Creswick, Founder & CEO of TLA partner Vorboss https://lnkd.in/eTrsQ3-3 Kirstie Lane Tracey Rob Perera CA PMP FCMI Matic Boh
??? A wonderful example of the importance of infrastructure reliability (from the Financial Times, link in comments). Not wanting to single particular companies out, the general UK trend is for ageing infrastructure (not just banking), which was not designed with current workloads and risk in-mind. ??? It's critical that we don't stop investing in our infrastructure, and that those investments are "right sized" for future demand. The examples are everywhere; whether that's plugging the leaks in our water companies, needing urgent runway capacity at our two biggest airports, the fact that the Elizabeth Line -- less than 3 years old -- is not only the busiest railway in the UK, but has overcrowding and now needs more trains. In the digital economy, the story is even worse. BT's failure to innovate for over a decade created a stagnant workforce and throttled UK telecoms competition. Vorboss represents around £300m of private capital invested in solving the problem for business users in London, and £bns more capital is now finally being deployed across the rest of the UK to catch up. We still have the massive looming problems of copper switch-off, only just seeing mobile coverage coming to the tube, with poor coverage on most overground and high-speed rail services. Fibre-to-the-home penetration is still lags far behind our EU peers. ?? The UK is a services economy (80% of GDP), which increasingly depends on our digital infrastructure. That's pretty wild - the UK has the greatest share of GDP in services globally, but doesn't have the infrastructure performance to match. It's easy to see why. When we launched our 10Gbps and 100Gbps services, industry "insiders" told me we wouldn't ever sell it. We heard a lot of "there's no market for it". Yet here we are a couple of years later, exclusively selling these services to thousands of customers who can't find this kind of capacity and reliability anywhere else. Last year we wrote to Ofcom, recommending that telecoms providers provide automatic compensation for outages to business customers. This is already something that we do at Vorboss, but sadly it's unique to us. And we do that with the UK's best standard service SLA (both in terms of service availability and level of compensation). We can do this because we engineered our network to exceptionally high standards. It's time to stop asking what the economy needs today, and time to start asking what we'll need in 10 years. Infrastructure isn't built overnight. Department for Science, Innovation and Technology Department for Business and Trade Russ Shaw CBE Chi Onwurah John Browett Lord Ed Vaizey techUK Mayor of London Theo Blackwell MBE