What is the cost of network down?

It is important in your organization to get the hourly cost of the network down time.

Not knowing your cost will make you to lose the argument to convince and move your managers in making preventive / corrective measures to minimize business losses.

When you efficiently quantified the network down time barriers very often repeated these days as “there is no budget” will disappear

According to an independent study conducted by the consulting firm with extensive experience Gartner.com a conservative estimated when the network is failing over $ 42,000 dlls per hour, although the cost of each fault affects each company differently is important to quantify how much impact the business because it helps to win the approval of funds to invest in risk mitigation actions to avoid network down time

It is important to know the cost for the organization having no network service
In order to know your cost you can be help in two main factors, lost productivity and lost business.

Productivity losses affect individual productivity or working group
this can be calculated by considering the average cost per hour plus benefits
Multiplied by the number of users by the number of hours of down time this will give your company the cost per hour without network service.

On the other hand business losses or affected transactions

 This can be calculated by considering the number of users affected by multiplying each employee’s average earnings finally multiplying by the number of hours-long event will give you the business impact