Despite advances in infrastructure strength, occasional hardware, software and database downtime is unavoidable. The flow of information is critical, and when disrupted, business comes to a screeching halt. These outages may last for minutes, or they may even cripple a business for days. A single downtime event now has the potential to significantly affect the profitability of an enterprise.
Lost data. The costs of lost data are substantial. According to the National Archives and Records Administration in Washington, “93% of companies that lost their data center for 10 days or more due to a disaster filed for bankruptcy within one year of the disaster.”
Employee productivity. As your systems experience disruption and downtime, your employee productivity suffers. Many organizations have become so dependent on IT that an unavailable system completely brings an enterprise to a standstill. This lost productivity has a direct impact on an organization’s bottom line.
Lost opportunity. If a company repeatedly misses deadlines or is unable to answer queries from customers because systems are unavailable, customers and prospective customers will lose confidence. Depending on the service or product that you provide, one hiccup may be all it takes for your credibility to take a hit and the client to move on.
Loss of revenue. If a business is unable to fully function due to downtime then it is losing money. Determining how much money is lost will vary depending on how large of an impact the downtime is on the business.
It’s not a matter of if your network will go down; it’s a matter of when. Contact Avende and we will help identify these vulnerabilities and address some best practices for reducing your company’s network downtime.