No one wants to deal with the d-word on the job. Downtime. This absence of productivity negatively impacts businesses in four ways:
Lost time and money: When hardware breaks or systems fail, workflow comes to a crashing halt. People and hardware sit idle. That means in order to do damage control, money, and resources are directed toward mitigating the situation instead of creating value through income-generating activities. Tasks and processes are slowed down, which means the company has to compensate for lost time.
As time is money, the costs can add up quickly. According to Gartner, the average cost of IT downtime is $5,600 per minute. Yikes! For some industries, the stakes are higher.
Damaged reputation: Some costs are harder to quantify, but they’re still weighty. Depending on the frequency and nature of the incidents, clients and vendors and the general public can lose faith in your business. Once that happens, it can be a losing battle to win them back. Trust is not taken lightly. The same struggle applies to talent. Employees can end up frustrated and want to quit as a result.
Recovery: The costs of recovering from system failure shouldn’t be discounted. Returning to business as usual can take anywhere from minutes — at best — to weeks — at worst. Plus, you must factor in lost productivity but also any additional equipment, services or labor required to come back online.
You should know that one of the best ways to prevent business downtime is to partner with a managed service provider (MSP). Such a vendor will evaluate your existing IT structure and ensure it securely operates with optimized efficiency and consistency. At minimum, you can expect a compatible MSP to:
- Put the right security measures in place
- Protect your data
- Maximize your uptime
- Increase your technology ROI
When it comes to IT system management, be sure you have access to IT experts – either in-house or outsourced – who have the savvy and experience to keep your systems operating at top performance. If you have questions or concerns about your IT strategy, we’re here to help guide you. We can help prioritize, save you money, and help you mitigate the potential risk of downtime. It’s important to choose the right managed service provider, as they’re not created equally. That’s where we come into the picture. AVASO Technology Solutions means peace of mind when the stakes are high. Visit our website to learn more: http://avasotech.social5.net
