Network resilience is more important than ever due to network complexity and connectivity. In the face of threats and stressors, network resilience is the ability to continue operating.
A resilient network allows companies to minimize the risks of downtime and the resulting loss of revenue. Furthermore, it also helps to ensure data security and privacy. Therefore, it is important to ask yourself: Is your network resilient?
Before we get started with the resilience of your network, it is important to know what will happen if the network is not resilient and suffers downtime. What cost will your business have to pay?
Usually, the costs associated with downtime vary depending on several variables, such as the length of the outage, usage data, and business size. Here is a simple way to assess the downtime cost.
- Creativity: How many staff members cannot work if the Internet is down? How much do they make hourly?
- Sales Revenue: Add your average sale amount to the typical sales volume per hour.
Soft costs, which are more difficult to quantify, are also associated with outages.
- Customers who cannot complete their orders or reach your team will likely stop using your services.
- It’s a waste of time to reload screens again and again and wonder if the Internet has synced this time.
Here is what you can do to ensure the resilience of your network.
Recognizing network flaws and failure sites is essential for businesses. Considering that the network is vulnerable and that work is required, this is a brilliant place to start.
IT teams should regularly update their network roadmaps and identify possible weak points to locate the source of problems.
ITIC estimates that a single hour of downtime may cost anywhere from $1 million to $5 million. So, investment in more financial resources should be based on the typical cost of a network outage.
To foster collaboration, IT teams should raise network resilience awareness at all organizational levels.
AiNET is eager to assist you in resolving a wide range of issues. We offer resilient network solutions for all problems, including fiber cuts, network failures, and outages.
So, you don’t need to worry about power outages as long as AiNET has your back.