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How to Choose the Best Internet Service Provider for Your Business Needs

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Every business depends on the type of internet connection it needs. Your search for an internet service provider (ISP) starts here. Not all service providers provide similar packages or offerings. Therefore, conducting thorough research on the options available at your location is essential.

You need to start the process at home first. Assess what type of internet and what offerings will suit you and your business better. The budget you have to support an ideal internet connection, your priorities, and where you see your business expand in the long term. So, finding the right partner is also essential to support your business in the future.

Next, search to discover the ISP provider possibilities in your

Begin Your ISP Lookup

We have identified nine common factors that businesses (especially small to medium-sized organizations) should consider when beginning their search for an ISP, even though each firm may order its priorities differently.

Have you given the following any thoughts?

Internet Connection Type

Which choices are accessible to you may depend on your firm is location. The most cumbersome is dial-up.

Although this form of connection was common in the early days of the internet, your firm today has unquestionably more advanced and modern options.

A satellite may be an option if you reside in a distant location with a sizable open area and a clear view of the sky.

Buildings located further into the forest will need to consider alternate choices.

Cable and Digital Subscriber Line (DSL) transport signals via coaxial cable TV lines and telephone landlines, respectively. Although they first gained popularity 20 years ago, these internet connection types are still readily available. Compared to dial-up or satellite, DSL and cable are unquestionably faster and can be suitable for small businesses.

Fiber-optic internet is frequently referred to as fiber. The current quickest connection is this one. Your neighbor might or might not have access to fiber. (Ask your neighborhood service providers.) About 43% of the country already has access to fiber internet, but this option is gradually spreading, even into smaller towns and rural areas.

Accessibility

Does your company operate from one location or several? Do they all reside in the same region or does your company operate in other states? When deciding which option is the ideal ISP for your company, answers to questions like these could lead you in the right route. ISPs vary in how much of the world they serve.

Speed and Bandwidth

Fast and dependable internet access will keep your clients (and staff) satisfied. The alternative would be a sluggish and inconsistent internet connection for business, which can irritate your clients and lower your potential sales volume.

Often, larger expense equates with faster speeds. For this reason, it’s crucial to assess your company’s requirements and budget for the bandwidth you’ll need regularly. Smaller companies won’t require as much as larger ones.

The Security Needs You Have

Cyberattacks can take many different forms. Making proactive preparations now could spare your company from major problems and reduce the possibility of damage. No matter how tiny, any company may be vulnerable to a cyberattack. Do not minimize your danger. Otherwise, there may be repercussions for your data and your company.

Your security plan will include your selected ISP. Working with a managed IT services provider can also help you keep your network safer. Fend off cyberattacks.

Dependability and Annual Average Downtime

Ask local ISPs how much downtime they experience on average each year. Is it 97, 98, or 99 percent or higher? Including a Service Level Agreement in your contract could help you. This clause will ensure to give you a rebate or discount if the internet providing company cannot offer you service for a more extended period.

Flexibility

Your needs may be met by the ISP you selected today, but where do you see your company in five years? Maybe ten years? You may avoid future hassles by selecting an ISP that can expand with your company today. You should therefore start your study right away.

The location of your personnel and how it might vary as your company expands are additional factors to consider. Your future workforce: Will it be distributed? Or will they operate on a fixed schedule? Be ready by assessing your remote technology, evaluating a virtual desktop architecture based in the cloud, and choosing an ISP ready to grow with your expanding company.

Customer Support

Before your service is cut off, be aware of your choices for contacting your ISP. Can you call them on the phone? Does their website offer a live chat option? Also, will your ISP offer technical support around the clock? Learn how you can contact customer support or submit a service request. Also, find out if the ISP has local technicians in your area if you require on-site assistance. ISPs and their customer service are not all the same.

Length of Contract

Although most business ISP agreements are for two years, several ISPs also offer various term lengths. Longer term durations could offer savings for your company. Additionally, read the small print to understand the conditions of service, including any penalties for breaking the contract early.

Your Budget

Make sure to analyze your selections while considering your budget and the price of the ISP’s services. For a business, having a quick connection is crucial, but keep an eye on your spending. Your business will thrive if you keep an eye on your shifting needs!

Technology Advice from a Pro for a Fraction of the Cost

Outsourcing your IT requirements may be a wise strategic and economic decision if you are a small to medium-sized organization attempting to expand. Every business might benefit from expert guidance on how to match technology with specific business requirements. Still, smaller companies sometimes lack the funding to employ a full-time internal Chief Information Officer (CIO).

However, you can consult a CIO without bringing on a full-time executive to your team. A virtual CIO (vCIO) is what it is. This specialist is your ally, providing strategic vision and laying out a technology strategy for your expanding company. To stay on track and ensure success, a CIO can support your company in developing a proactive approach to your long-term technology budget, offer a comprehensive view of technology, and support your company in managing change and sustainable growth.

The 5 Best Internet Providers for Business in the US

Most individuals are familiar with residential internet when it comes to purchasing online. However, many internet service providers, or ISPs, now provide business internet, which comes with several benefits that may be tailored to suit the needs of organizations of various kinds.

A strong business internet plan can significantly impact how efficiently your operations work, whether you’re just starting out or wanting to grow an already established company. We’ve explained everything there is to know about business internet and identified the ISPs that provide the top internet plans in terms of speed, cost, availability, dependability, and reputation to assist you in making the best choice for your company.

Below listed are a few options for you to choose from:

  • Best for customer satisfaction: AT&T Business
  • Best for availability: Comcast Business
  • Best for no contracts: Spectrum Business
  • Best for rural: Viasat Business

Featured Image Credit and Inner Image Credit: Provided by the Author; Thank you!


Politics

Fintech Kennek raises $12.5M seed round to digitize lending

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Google eyed for $2 billion Anthropic deal after major Amazon play


London-based fintech startup Kennek has raised $12.5 million in seed funding to expand its lending operating system.

According to an Oct. 10 tech.eu report, the round was led by HV Capital and included participation from Dutch Founders Fund, AlbionVC, FFVC, Plug & Play Ventures, and Syndicate One. Kennek offers software-as-a-service tools to help non-bank lenders streamline their operations using open banking, open finance, and payments.

The platform aims to automate time-consuming manual tasks and consolidate fragmented data to simplify lending. Xavier De Pauw, founder of Kennek said:

“Until kennek, lenders had to devote countless hours to menial operational tasks and deal with jumbled and hard-coded data – which makes every other part of lending a headache. As former lenders ourselves, we lived and breathed these frustrations, and built kennek to make them a thing of the past.”

The company said the latest funding round was oversubscribed and closed quickly despite the challenging fundraising environment. The new capital will be used to expand Kennek’s engineering team and strengthen its market position in the UK while exploring expansion into other European markets. Barbod Namini, Partner at lead investor HV Capital, commented on the investment:

“Kennek has developed an ambitious and genuinely unique proposition which we think can be the foundation of the entire alternative lending space. […] It is a complicated market and a solution that brings together all information and stakeholders onto a single platform is highly compelling for both lenders & the ecosystem as a whole.”

The fintech lending space has grown rapidly in recent years, but many lenders still rely on legacy systems and manual processes that limit efficiency and scalability. Kennek aims to leverage open banking and data integration to provide lenders with a more streamlined, automated lending experience.

The seed funding will allow the London-based startup to continue developing its platform and expanding its team to meet demand from non-bank lenders looking to digitize operations. Kennek’s focus on the UK and Europe also comes amid rising adoption of open banking and open finance in the regions.

Featured Image Credit: Photo from Kennek.io; Thank you!

Radek Zielinski

Radek Zielinski is an experienced technology and financial journalist with a passion for cybersecurity and futurology.

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Politics

Fortune 500’s race for generative AI breakthroughs

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Deanna Ritchie


As excitement around generative AI grows, Fortune 500 companies, including Goldman Sachs, are carefully examining the possible applications of this technology. A recent survey of U.S. executives indicated that 60% believe generative AI will substantially impact their businesses in the long term. However, they anticipate a one to two-year timeframe before implementing their initial solutions. This optimism stems from the potential of generative AI to revolutionize various aspects of businesses, from enhancing customer experiences to optimizing internal processes. In the short term, companies will likely focus on pilot projects and experimentation, gradually integrating generative AI into their operations as they witness its positive influence on efficiency and profitability.

Goldman Sachs’ Cautious Approach to Implementing Generative AI

In a recent interview, Goldman Sachs CIO Marco Argenti revealed that the firm has not yet implemented any generative AI use cases. Instead, the company focuses on experimentation and setting high standards before adopting the technology. Argenti recognized the desire for outcomes in areas like developer and operational efficiency but emphasized ensuring precision before putting experimental AI use cases into production.

According to Argenti, striking the right balance between driving innovation and maintaining accuracy is crucial for successfully integrating generative AI within the firm. Goldman Sachs intends to continue exploring this emerging technology’s potential benefits and applications while diligently assessing risks to ensure it meets the company’s stringent quality standards.

One possible application for Goldman Sachs is in software development, where the company has observed a 20-40% productivity increase during its trials. The goal is for 1,000 developers to utilize generative AI tools by year’s end. However, Argenti emphasized that a well-defined expectation of return on investment is necessary before fully integrating generative AI into production.

To achieve this, the company plans to implement a systematic and strategic approach to adopting generative AI, ensuring that it complements and enhances the skills of its developers. Additionally, Goldman Sachs intends to evaluate the long-term impact of generative AI on their software development processes and the overall quality of the applications being developed.

Goldman Sachs’ approach to AI implementation goes beyond merely executing models. The firm has created a platform encompassing technical, legal, and compliance assessments to filter out improper content and keep track of all interactions. This comprehensive system ensures seamless integration of artificial intelligence in operations while adhering to regulatory standards and maintaining client confidentiality. Moreover, the platform continuously improves and adapts its algorithms, allowing Goldman Sachs to stay at the forefront of technology and offer its clients the most efficient and secure services.

Featured Image Credit: Photo by Google DeepMind; Pexels; Thank you!

Deanna Ritchie

Managing Editor at ReadWrite

Deanna is the Managing Editor at ReadWrite. Previously she worked as the Editor in Chief for Startup Grind and has over 20+ years of experience in content management and content development.

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Politics

UK seizes web3 opportunity simplifying crypto regulations

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Deanna Ritchie


As Web3 companies increasingly consider leaving the United States due to regulatory ambiguity, the United Kingdom must simplify its cryptocurrency regulations to attract these businesses. The conservative think tank Policy Exchange recently released a report detailing ten suggestions for improving Web3 regulation in the country. Among the recommendations are reducing liability for token holders in decentralized autonomous organizations (DAOs) and encouraging the Financial Conduct Authority (FCA) to adopt alternative Know Your Customer (KYC) methodologies, such as digital identities and blockchain analytics tools. These suggestions aim to position the UK as a hub for Web3 innovation and attract blockchain-based businesses looking for a more conducive regulatory environment.

Streamlining Cryptocurrency Regulations for Innovation

To make it easier for emerging Web3 companies to navigate existing legal frameworks and contribute to the UK’s digital economy growth, the government must streamline cryptocurrency regulations and adopt forward-looking approaches. By making the regulatory landscape clear and straightforward, the UK can create an environment that fosters innovation, growth, and competitiveness in the global fintech industry.

The Policy Exchange report also recommends not weakening self-hosted wallets or treating proof-of-stake (PoS) services as financial services. This approach aims to protect the fundamental principles of decentralization and user autonomy while strongly emphasizing security and regulatory compliance. By doing so, the UK can nurture an environment that encourages innovation and the continued growth of blockchain technology.

Despite recent strict measures by UK authorities, such as His Majesty’s Treasury and the FCA, toward the digital assets sector, the proposed changes in the Policy Exchange report strive to make the UK a more attractive location for Web3 enterprises. By adopting these suggestions, the UK can demonstrate its commitment to fostering innovation in the rapidly evolving blockchain and cryptocurrency industries while ensuring a robust and transparent regulatory environment.

The ongoing uncertainty surrounding cryptocurrency regulations in various countries has prompted Web3 companies to explore alternative jurisdictions with more precise legal frameworks. As the United States grapples with regulatory ambiguity, the United Kingdom can position itself as a hub for Web3 innovation by simplifying and streamlining its cryptocurrency regulations.

Featured Image Credit: Photo by Jonathan Borba; Pexels; Thank you!

Deanna Ritchie

Managing Editor at ReadWrite

Deanna is the Managing Editor at ReadWrite. Previously she worked as the Editor in Chief for Startup Grind and has over 20+ years of experience in content management and content development.

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