IBS intelligence:
Technology downtime is a major problem for the UK's banking sector
30 June 2017
The average employee in the finance industry loses more than 20 minutes per day of productive time to faulty IT. This is ironic in a sector which has always been proud of its trail-blazing attitude to be an early-adopter to keep its competitive advantage. However, a critical new report released by Managed 24/7 says the impact of poor IT to the UK’s workforce productivity is considerable. UK economists have long been of the opinion that the country’s workforce is unproductive but few can agree on why.