Technology Downtime Effecting Your Bottom Line
Using Unreliable Equipment Fosters technology Downtime You may think that you’re saving your business money by putting off upgrading your equipment. If your old equipment has become unreliable and creates technology downtime by freezing up or causing lag, then it’s responsible lost hours of productivity. There are times when using old and well-maintained equipment is a great money-saving decision, but when equipment becomes so old that it isn’t compatible with newer pieces of technology, then it’s due in for an upgrade that will smooth out your system’s time-wasting hiccups.
Using the Wrong Equipment for the Wrong Job
Sometimes a piece of technology can be up to date and be functioning properly, but the fact that it’s the wrong tool for the job will make it a tool for downtime. Take for example the infamous fax machine. Even if your office is equipped with a brand new fax machine that functions properly, it will still cause your organization downtime because it’s an inferior communication tool. Taking time to isolate the outdated and inefficient equipment in your office that make tasks harder on employees than it needs to be, and then swapping out this equipment for a better solution, will make the job go much faster (like replacing the fax machine with a fax server solution).
By using the correct equipment for the job, you will improve operations and drastically reduce downtime. It’s virtually impossible to do business without the aid of technology, but that doesn’t mean you have to experience downtime and lose money when something inevitably goes wrong with it. With help from Vision Computer Solutions, you can be ready for a disaster like a power loss, ensure that every piece of equipment on your network is compatible and in good working order, and operate an efficiently by using the right technology for the job. You can be prepared for downtime to strike at any time by calling us at (248) 349-6115.
Cost of Downtime: Calculating it Yourself
How much do you lose from unexpected downtime of your servers & business applications? The simplest way to calculate potential revenue losses during an outage is with the equation:
|LOST REVENUE||=||(GR/TH) x I x H|
|GR||=||gross yearly revenue|
|TH||=||total yearly business hours|
|H||=||number of hours of outage|