In the Spotlight – Huntress Managed Detection and Response (MDR)
At Stratus Blue, we exist to give businesses the freedom to be remarkable, and we
The nature of today’s business relies on 24/7 365 days of uptime a year. Uptime and availability of critical resources play an important role in determining the success of an organisation. To ensure business continuity, organisations must overcome unique challenges every day. One of these challenges is downtime.
Downtime is best described as a period in which a system, device, or an application’s core services, both internal and/or external, are unavailable or idle for a certain amount of time due to updates, maintenance, safety precautions, and even unexpected outages. During downtime, a computer system, server, or network is offline or unavailable, and employees are involuntarily unproductive and unable to conduct business or service clients.
How system downtime can impact your business: Many people think of downtime effects as solely revenue-based: “If we are down, then we can’t sell product X.” While this may be true, it is not the only loss suffered. In fact, downtime can have far-reaching effects across many parts of your business that will affect your bottom line in ways you might not have anticipated. It’s important to remember how everything ties into the bigger picture.
While this list is in no way exhaustive, it starts to show you just how devastating downtime can be. What’s more, there are other, more intangible effects to your business that may be harder to quantify with a dollar amount. These include:
Knowing the cost of downtime will help you evaluate its impact on your business. The following formulas can be used to obtain a ballpark estimate for labor costs and revenue loss per hour of downtime:
Productivity cost =
E x % x C x H
Revenue loss =
(GR/TH) x % x H
Human error is one of the main causes of downtime. However, the frequency of human error can be greatly reduced with regular employee training.
Most outages are predictable to a certain degree, but you can’t plan for everything.
That being said, in the end, 51 percent of outages are avoidable. And for the other 49 percent well there are several ways to help you limit their impact and reduce the time they prevent your teams from being productive, or your clients from buying your products.
By establishing a proactive approach to help minimise the effects of downtime, you will not only save revenue but provide a positive user experience for your entire business – both your staff and your clients.
At Stratus Blue, we exist to give businesses the freedom to be remarkable, and we
Business continuity is the ability of a business to continue operating critical business functions during
As we approach International Women’s Day I have been thinking about my role as a Chief