IT disaster recovery, cloud computing and information security news

A new study by Cradlepoint shows that the retail industry is still facing challenges with network downtime. The study found that the majority of those surveyed (75 percent) are experiencing unplanned network downtime and outages impacting business during peak hours.  However, more than a quarter (26 percent) do not have a network redundancy plan in place to minimise business disruption when outages and downtime occurs. Despite these issues, most retail professionals (72 percent) believe that artificial intelligence (AI) and the Internet of Things (IoT) will be their organization’s biggest IT challenges over the next five years.

“For retail organizations, unplanned network outages can impact both revenue and reputation significantly, so it is surprising to see many retail organizations have still not adopted the right technology solutions to mitigate this risk,” said Jason Wells, Vice President and General Manager EMEA at Cradlepoint, commenting on the results. 

Many retail professionals are looking ahead to AI and IoT, which has the potential to revolutionise the industry, transform the customer experience and drive footfall back into bricks and mortar stores. But for those retailers who have still not implemented reliable connectivity, it will be impossible to take advantage of these emerging technologies set to transform the retail industry in the coming years says Cradlepoint. 

“Fast, reliable network connectivity in the form of wireless Internet is already widely available – both as an emergency failover and as a primary connectivity option.  AI and IoT are exciting technologies, but retailers need to prioritise the foundations of these now – and that’s reliable Internet connectivity,” concluded Wells.    

Cradlepoint surveyed 200 retail professionals in May 2019 at RetailEXPO 2019.

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