In business, time is money, so any time lost is essentially money down the drain. Given our growing technological dependence, one minor misconfiguration or full-scale system failure can lead to significantly reduced productivity — or worse still, complete business shutdown.
Naturally, preventing business downtime should be high on any business agenda but do we fully understand just how significant the associated costs are?
Bringing these costs to the forefront is Datawright, a process manufacturing software company. Experienced in helping businesses improve efficiencies, they investigate the associated costs of business downtime: