Calculating The Cost of downtime
Calculating the cost of downtime
The cost of a technology outage can cripple a business. Use our Recovery Time & Downtime Cost Calculator to
focus on a handful of simple metrics that might come into play during a downtime event, and start a general
analysis of what an outage could mean to your business. The results of this calculator are meant to help
estimate loss, and does not calculate actual loss.
Recovery & Data Storage
?In order to give your clients you a correct calculation we need to get an idea of how much data you have in your clients'your systems across theiryour organization.
How much data do your clientsyou have on critical business systems?
?What is the timeframe between each of your clients' your backups? E.g. every hour, once a day, once a week.
How often do you back up this data?
?From when disaster strikes, how long does it for your end user to notify you, for you to assess the situation, access your backups, and start the recovery process? Think of this a your reponse time.
On average how long does it take your client to notify you of an issue and for you to start trouble shooting the downtime incident? On average how long does it take you to notify your IT Service Provider that there is an issue and for them to start trouble shooting the downtime incident?
?Storing your data locally is designed for fast data transfers, however you are at risk if there is a disaster in the office such as fire, floods or theft. Cloud data is stored off-site, such as in a Datto data center, which brings an extra level of availability albeit at a slower speed for full bare metal restores.
Where is your clients backups currently stored?Where do you currently store your backups?
?Speed of cloud recovery comes down to the amount of data you are trying to recover and your download speed. Devices with slower connections will take longer to recover.
What is the download speed from theiryour cloud backup location?
Unsure? Run a test here
Downtime & Recovery Costs
?Nearly every employee will be impacted by an IT outage and will not be able to perform their job obligations to a certain degree. We recommend including the entire staff in this field.
How many employees do theyyou have?
?Even if the business stops due to an outage and employees are not able to perform some, or all, of their duties, employee wages typically are still paid. We are assuming yours will need to be paid, and this must be included in your cost of downtime calculations.
What is their average annual salary per employee?
?All staff come with overhead costs like, gas, electric, rent, etc. Normally, this is about 50% of the average salary.
What is their average annual overhead cost of an employee?
?For most businesses, an outage will halt the ability to product and accrue revenue. We are assuming that your revenue will case during an outage, and so annual revenue helps to calculate the average cost of lost revenue during downtime.
What is your clients' businesses annual revenue?
Related Case Studies
Let our clients tell you why we’re great
Commercial Kitchen Company
Over the past 7 years, Powernet has provided us with constant IT support and advice when required. We now have very minimal downtime due to the updated systems that they have put in place.
Get in touch
We’re all about providing IT support and technology that is simple and boosts productivity and efficiency.
We would love the opportunity to meet with you and discuss how we can help with your technology and infrastructure.
Please call us on 1300 892 692 or fill in the contact form and one of our team will be in touch with you soon.