Economic development
Broadband has been proven as an economic driver and case studies have cited regions experiencing increases in property value, improved business retention and attraction of new businesses/remote workers among other benefits. The growth of the amount of data being pushed online for business and personal use is significant and a trend that will continue to grow. Internet connectivity quality is becoming a lead motivator for businesses (and families) in choosing a location. Two Rossland businesses have noted they will move employees to Rossland if the connectivity improves. The IT industry is one of the fastest growing and well paid sectors right now and also boasts a low environmental impact (see remote workers).
The combination of Rosslands lifestyle with highspeed broadband will help Rossland as a destination to visit and/or relocate to. Many businesses relying on cloud services, moving larger online data and/or in the IT sector will likely not come to Rossland without this infrastructure.
Business benefits:
The benefits are numerous and dependent on business type ranging from improved efficiency in data transmission (phone, internet, software as service/cloud use, POS , CRM efficiency, etc. Even saving 5-10 minutes per process on a high volume process can turn into significant time a company can reinvest in more high value activities.
Some companies may decide to expand online sales or offer new products. There are a number of papers and resources outlining the significant impact broadband can have on business.
In short, not every existing business in the Rossland downtown core will recognize these benefits but as small business technology advances whether it is free/low cost, robust customer relations management, POS systems and numerous cloud applications accessible broadband will become increasingly important.
For businesses already valuing high speed connectivity, renting space in the Rossland downtown core will be extremely attractive.
It may seem insignificant to save a few minutes on a process like transferring files or waiting for a payment to processes but adding up all of these saved minutes translates to saved time a business owner can re-invest in more valuable work and an improved customer experience.
Some companies may decide to expand online sales or offer new products. There are a number of papers and resources outlining the significant impact broadband can have on business.
In short, not every existing business in the Rossland downtown core will recognize these benefits but as small business technology advances whether it is free/low cost, robust customer relations management, POS systems and numerous cloud applications accessible broadband will become increasingly important.
For businesses already valuing high speed connectivity, renting space in the Rossland downtown core will be extremely attractive.
It may seem insignificant to save a few minutes on a process like transferring files or waiting for a payment to processes but adding up all of these saved minutes translates to saved time a business owner can re-invest in more valuable work and an improved customer experience.
New technology can allow small business to be more competitive and efficient. Use of many of these technologies like the cloud rely on stable internet connectivity. This trend of business use of multiple devices and cloud in on the rise and is made much more effective with high speed stable access.
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Community benefits:
Again community benefits are wide ranging and significant from education, health, emergency services. eGovernment, art and culture, etc.
There are resources available of this topic as well.
There are resources available of this topic as well.
Tourism
Yes tourism. Visitors to the region whether here on business or recreation bring their devices and connectivity expectations with them. Wireless is rising to the top of accommodation decision factors. An excellent internet connectivity experience reflects well on visitors perception and word of mouth references to Rossland.