Cost of Downtime

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 at least $100,000.

downtime.jpg

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?
  • 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.