INFOGRAPHIC
LanDynamix launches a cost of
downtime calculator guide
LanDynamix, a leading
managed IT services provider,
says companies trying to
quantify the cost of downtime
all too often make the
mistake of tackling it from a
technology perspective, when
in fact it is a financial and
business issue.
ccording to LanDynamix
A
Technology Adviser, Ethan
Searle, key technology
stakeholders in companies
will acquire the buy-in of financial and
operational stakeholders if they are
able to quantify the cost of the problem
and demonstrate how their intended
technology decision will generate a return
on investment for the business.
“Many technology stakeholders find
themselves in the position of trying
to justify to financial and operational
stakeholders increased spending on their
new technology by expanding on the
technology benefits. This is not the right
approach and will not lead to technology
stakeholders getting the budget and tools
they need to ensure business uptime,”
said Searle.
LanDynamix has developed a cost of
downtime calculator that defines the
financial and operational terms of a
technology failure. Searle explained that
while the goal is to find a solution that
generates a return on investment as a
first step, buy-in will be best achieved by
the application of the cost of downtime
calculator, developed by the company.
“The next step is to determine what these
lost hours equate to in Rands and cents.
There are two types of Rand per hour
costs to think about – human cost and
profitability,” said Searle. ◊
LANDYNAMIX HAS DEVELOPED A
COST OF DOWNTIME CALCULATOR
THAT DEFINES THE FINANCIAL
AND OPERATIONAL TERMS OF A
TECHNOLOGY FAILURE.
www.intelligentdatacentres.com Issue 17 25