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More than 80 hours a year are being wasted dealing with inadequate workplace technology, according to a new report.
One of the best VPN services, Atlas VPN, gathered data from Skynova, a provider of small business software, that surveyed over a thousand citizens in the US about the technology they use at work.
Millennials were the ones who reached the maximum headline figure for lost hours, which is calculated by multiplying the time lost per day – an average of 19.3 minutes – by the number of workdays in a year. This equates to only 10 working days per year.
time wasted by industry
Generation X was close behind, with 18.8 minutes wasted per day (about 82 hours per year), who in turn had Generation Z hot on their heels (18.2 minutes daily / 79 hours yearly).
In terms of sectors, the financial industry lost the most time to legacy technology, losing approximately 24 minutes a day, or 103 hours a year. Next was healthcare, with workers losing 23 minutes daily/about 100 hours annually, followed by government and retail, who wasted an average of 19.4 minutes daily or 84 hours per year.
The rest were workers in the hospitality and food and beverage industries (18.2 minutes daily/79 hours annually), the IT industry (17.1 minutes daily/74 hours annually), and the education sector (16.6 minutes daily/72 hours annually). ,
Atlas VPN notes that while businesses are keen to keep their operating costs down, they often neglect the “long-term effects of old technology,” namely, “inefficiencies and vulnerabilities that can increase costs over time.” “
Outdated software and hardware can leave businesses exposed to serious cyber attacks and data breaches, which have all kinds of negative consequences, causing them to lose money in both direct and indirect ways. For example, not only can ransomware force them to pay to retrieve their stolen data (something we never recommend doing), but bad publicity can also lead to serious loss of custom Might be possible.
Atlas VPN says, “While newer technology may come with a higher price tag, failing to upgrade means the cost of using older technology will continue to rise.” “Finally, investing in new technology can ultimately result in long-term savings and increased efficiency and security for businesses.”
