Is your company prepared for the cost of downtime?
It's one of those things where you don't think it'll happen to your business but should definitely be a priority to consider when choosing the best internet provider for your company.
According to Information Technology Intelligence Consulting (ITIC), found that an hour of downtime costs 98% of businesses upwards of $100,000.
And for major companies like Amazon, the company experienced an outage that was less than an hour and cost around $4.8 million, or $120,000 per minute, Geekwire reported.
Other factors to consider regarding the impact of internet downtime:
- How long can your company tolerate internet outage?
- Affected systems and applications
- A location's criticality
- Which employees and job functions are impacted?
Is this a cost that your company can afford?
Utilize our calculator to see how much it'll cost your company if downtime occurs.