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Does Technology Downtime Cost Your Business Money?

office-workers-computerInvesting in technology is vital for all businesses because it can help you to save money and increase productivity. So many great pieces of software can automate tasks and make life easier for your employees, so they can use their time more wisely. However, technology only benefits you when it is working as it should. All businesses are so reliant on the technology that they use, so when systems go down, you are unable to function and that all adds up to lost money. That is why it is so important to manage technology downtime and reduce it as much as possible. These are some of the most effective ways to do that.

Outsource To Managed IT Services

When it comes to maintenance, many businesses wait until there is an issue, then they fix it. However, even if those issues are resolved quickly, you still experience some downtime and lose money. You should make constant updates and fixes so you deal with problems before they cause downtime. However, this requires a lot of IT staff to be on hand at all times, and that is expensive to manage on your own. That is why it is a good idea to outsource to a managed IT service. If you click here, you can find out more information about what kind of duties a managed IT service carries out. When you outsource, you have access to a team of experienced professionals, and it is more cost effective than hiring your own full time IT team.

Upgrade Hardware Regularly

Outdated hardware is a very common cause of technology downtime in business. If you are using computers that are ten years old, you should not be surprised when they keep breaking all of the time. This costs you money in maintenance fees, and it adds up to a lot of downtime. Outdated hardware will not be able to run the latest software either, which means that you miss many opportunities to save money and improve productivity. Many business owners make the mistake of thinking that they are saving money by keeping the same outdated computers, but that is not the case. Most computers have a working lifespan of around 4 to 5 years, after which they need to be upgraded.

Improve Training

Lack of training is another reason for technology downtime. If employees do not understand how to use computer systems properly, there is a chance that they can cause issues themselves through improper use. Poorly trained employees are also more likely to make the business vulnerable to cyber-attacks by opening malicious emails or using weak passwords. That’s why employee training is so important, especially where technology is concerned. Improved training will help your employees to use software more effectively, so you will see a bigger increase in productivity. It will also help to reduce downtime and save you money at the same time.

As long as you manage your technology effectively, you can avoid downtime and prevent any loss of revenue.