{"id":2637,"date":"2023-10-04T14:08:23","date_gmt":"2023-10-04T14:08:23","guid":{"rendered":"http:\/\/172.105.17.27\/?p=2637"},"modified":"2023-10-05T13:27:07","modified_gmt":"2023-10-05T13:27:07","slug":"network-failures-costs-consequences","status":"publish","type":"post","link":"https:\/\/www.blesk.ca\/fr\/2023\/10\/04\/network-failures-costs-consequences\/","title":{"rendered":"Network Failures Costs & Consequences"},"content":{"rendered":"

Downtime is the most fearful word in todays tech dependent businesses, which can cost thousands of dollars in lost revenue, reputation, and lost clients.<\/h2><\/div>

Downtime can be either planned or unplanned. When your IT team needs to make important technology updates, they may have to turn off your network temporarily. When planned ahead, your IT team can schedule the outage to limit the effects on your organization.<\/p>\n<\/div>

The consequences<\/h2><\/div>

When we talk about the consequences and cost of network downtime, we are discussing unplanned or unexpected network outages. Unplanned network downtime cannot only be a financial drain for your business, but it can also lead to more serious issues for your IT, such as a cyberattack.<\/p>\n

Most businesses spend a lot of time calculating the cost and return on investment of a networking solution; however, many overlook the equally important factor that is, the cost of network downtime.<\/p>\n

The cost of network downtime only climbs higher as our systems become more interconnected. A network outage can slow down or stop operations at every level, from the point of sale to the top level and everything in between. Your company can lose time, productivity, customers, and profits.<\/p>\n

\u201cData from Statista suggests that the average cost of critical server outages in 2019 ranged from $301,000 and $400,000 per hour\u201d. Of course, this number depends on the business size and the type of industry, but it is a high amount none the less.<\/p>\n<\/div>

Some of the direct costs from network outages that are sometimes forgotten are:<\/h2><\/div>