Hurt productivity
High productivity is at the core of any successful company. When network outages occur, such productivity becomes nearly impossible. Employees often require certain network services to carry out their work, so outages may completely halt their workflow. If the responsibilities of employees are interlinked with those of others in your company, a harmful domino effect of lost productivity could occur in various sectors. The effects of lost productivity are especially detrimental in competitive industries in which time to market is central to the success of their products or services.Financial loss
One of the most significant negative impacts of network outages is the financial loss they often incur. When your network goes down, a series of ripple effects often occur, each of which takes a toll on the bottom line of your company. For example, network outages can lead to lost productivity, which prevents employees from creating product—which in turn can lead to lost sales revenue. To make up for the loss of productivity, you may need to pay employees overtime to meet deadlines. In addition, you’ll likely have to pay hefty IT costs to get your system back up and running and to recover any lost data.There’s no limit to the financial implications of network outages. As such, it’s imperative to take measures to effectively prevent an outage.