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Bluewave | August 26, 2020
Even the most reliable networks have occasional outages. Whether it’s a core network failure (rare) or a misguided backhoe digging in the wrong place (unfortunately common) there’s no argument that it happens. We are operating in a connected world, 100% uptime is no longer a “nice to have”, it’s a “must have.” Loss of connectivity affects point-of-sale, DaaS, accounting software, Salesforce, UCaaS, CCaaS and a whole myriad of mission critical applications which reside in the cloud.
A very simple approach to determine the cost of downtime is to calculate what an hour’s worth of revenue looks like. If you assume your business is open 52 weeks a year and operates on a normal 40-hour work week, there are 2080 hours in a year. Simply take the annual revenue amount, divide it by 2080 and that will give you the revenue per hour. Annual Revenue = Revenue/hour (52 x 40)
Multiply that revenue per hour times the number of hours a primary circuit goes down and you have an approximation of what that downtime means in terms of productivity. In a joint study, Cisco and AppDynamics found that downtime cost small and medium-sized businesses between $8,580 and $74,000 per hour! That is a significant risk and one that can be easily mitigated with the right back-up solution.
Our leading wireless providers offer a complete array of failover and back-up wireless solutions. You don’t need to worry about managing multiple wireless contracts based on physical location. The wireless provider can pool all carrier data plans into a single pool for you that can be drawn against when and if the inevitable primary internet failure happens. Consider how much productivity is saved by implementing a reliable, secure and physically redundant connectivity solution.
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