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Hosting a Laravel Application on CloudWays | Experiencing 2x Load Speed

Hosting a Laravel Application on CloudWays | Experiencing 2x Load Speed

May 14, 2021

Generally, slow application load speed can cause significant losses to your business, and it is something you have to prevent from happening. For instance, Amazon shockingly revealed that a one-second lag time (about 1000ms latency) would cost them $1.6 billion in sales per year. Google also found out that latency of 400ms drastically decreases their traffic by o.44%, translating into 440 million abandoned sessions per month, which then causes revenue losses for the company.

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