The economy of downtime is unforgiving – it grinds your business to a halt, racks up expenses, and keeps you from getting anything done.
Do you know how much downtime you should expect to deal with, and what it can cost you?
Downtime is the term used for any period of time in which a computer or computer systems are offline and unavailable. Downtime can occur in a number of situations, all with varying degrees of severity:
In a nutshell, downtime occurs whenever you’re trying to use your IT systems, but can’t.
Downtime isn’t just expensive because you have to get your technology fixed — there’s also the fact that it brings your business’ operations to a halt. If an IT-related or natural disaster occurs and takes critical systems offline, employees will be unable to complete their tasks, yet your normal business expenses will carry on
During that time, you still have to cover all the expenses of running a business without the revenue you would usually generate. Even if downtime does not grind everything to a halt, some of your staff will have to divert themselves from their normal work to mitigate the problem — again reducing productivity.
Here are some studies showing how much time is lost every day due to IT downtime:
However, average rates of downtime can vary greatly, depending on a number of factors:
Let’s assume that your organization is more effective than those in the examples above. You encounter less downtime, it takes you less time to get back on task, and all of this happens less often.
For example, we’ll use 19 minutes a day for average downtime and 10 minutes to get back on task, totaling 29 minutes:
Employee IT Downtime Cost:
Management IT Downtime Cost:
In a nutshell? Downtime is expensive.
Accelera IT Solutions can equip you with the best technology solutions available in order to keep your business’ infrastructure fast, reliable, and agile. When it comes to virtualization, cloud storage, and business continuity, there is no better solution than those offered by Prodatix and Veeam.
We equip our clients with SiloVault Series NAS devices, complete with robust Veeam software that will help to limit downtime. Get in touch with our team to discover more about the robust business continuity features we can deliver to you.