Human cost of mobile outages revealed as 80% face life critical, financial or security impacts due to lost connectivity

Global businesses are suffering major financial and human costs from critical IoT connectivity failures with almost two thirds losing sales and customers as a direct result, according to a new report released today by rSIM, the developer of a new intelligent SIM that aims to put an end to the issues.

The rapid growth of cellular-based IoT (Internet of Things) devices is set to explode as 5G networks roll out worldwide, with 7 billion expected to be online by 2033. However, this is increasing pressure on network providers and businesses are struggling to cope with the current lack of resilience, with two-thirds stating it has become more business-critical in recent years.

The survey, which involved respondents from business decision makers in seven regions…