September 25, 2023
The Hidden Costs of IT Downtimes on Your Business
IT downtimes can cost businesses $100-$200 per minute, including lost revenues and resource costs. Downtime consequences include productivity losses, lost revenue, reputation damage, recovery costs, and legal implications. With frequent IT downtimes, customers may question a business’s reliability, reducing loyalty. Effective downtime strategies include tech support, backup solutions, preventative maintenance, and a comprehensive disaster recovery plan. The right strategies can…