Sunday, October 31, 2004
MP3 files seem to be costing Australian Millions
Employees who bring an MP3 player to work could be costing Australian businesses as much as $60 million a year.
That's the finding of a new study which examined the costs of employee downloads of MP3 files to build music and video collections at work. The company has to fork out a fee per megabyte downloaded in most cases so an MP3 of about 4mb could cost up to $0.80 to download. This apparently costs Australian businesses, which spend $450 million a year on Internet costs. The downloading is estimated at $4.9 million a month for employees' music and video files, according to a study undertaken by Melbourne-based Exinda Networks which collated recent data from the Australian Bureau of Statistics and one of the nation's largest private Internet service providers.
It seems Australian employees are downloading the equivalent to one million MP3 files daily and this is causing lost productivity and slowness to networks as material is being downloaded for MP3 players that can store up to 40 gigabytes of music, movies and programs.
Australian business are starting realize this cost and are looking for solutions, it is believed network monitoring equipment could save businesses $225 million in Internet costs for the problem which has accelerated in the last 12 to 18 months.
That's the finding of a new study which examined the costs of employee downloads of MP3 files to build music and video collections at work. The company has to fork out a fee per megabyte downloaded in most cases so an MP3 of about 4mb could cost up to $0.80 to download. This apparently costs Australian businesses, which spend $450 million a year on Internet costs. The downloading is estimated at $4.9 million a month for employees' music and video files, according to a study undertaken by Melbourne-based Exinda Networks which collated recent data from the Australian Bureau of Statistics and one of the nation's largest private Internet service providers.
It seems Australian employees are downloading the equivalent to one million MP3 files daily and this is causing lost productivity and slowness to networks as material is being downloaded for MP3 players that can store up to 40 gigabytes of music, movies and programs.
Australian business are starting realize this cost and are looking for solutions, it is believed network monitoring equipment could save businesses $225 million in Internet costs for the problem which has accelerated in the last 12 to 18 months.
# posted by Peter Saville - IT Consultant @ 1:56 AM 
