UK startups wasting over two weeks per year – costing the UK an estimated £37bn in GDP

UK startups and microbusinesses are wasting over two working weeks every year on admin tasks, including managing mobile phone contracts, choosing energy providers, and buying insurance – according to new research. 

The study, conducted by Beasy, which surveyed 500 business owners employing between 1-9 people, found that startup founders are spending an average of 5.5 hours per week choosing and managing the business services they need to run their company – equating to a...

Global cloud comms revenue to grow at 18.3% CAGR over 2022-2027

Cloud communications is expected to witness a substantial growth over the next five years, as businesses are switching from legacy PBX solutions to cloud communications and opting for a pay-as-you-go model to optimise expenses and avoiding upfront investments.

Against this backdrop, the cloud communications market size is anticipated to grow at a compound annual growth rate of 18.3% from $78 billion in 2022 to $180.7 billion in 2027, forecasts GlobalData, a data and analytics...