How IT Failures Can Impact Your Business

No matter how big or small our business, or what sector we are in, IT is vital to keep us running. When it’s going well, we take it for granted but the second something goes wrong, we realize the impact on our business is enormous. In some cases bringing our whole company to a standstill.

There are lots of ways this can happen. Your server could crash, or you could have a massive power cut. Data storage can malfunction, leaving you with a monumental crisis on your hands. The impact can cost you a fortune, and your business could permanently lose vital data. 

When your IT fails, the stress between it going down and coming back online can make time almost standstill. Even if you were offline for a few hours, it could feel like days. You won’t be able to work on essential tasks, and if you have employees, they will be sitting around struggling to do any work. This isn't easy if you are about to reach the end of a deadline for a client. Stress levels go up along with financial costs, and productivity goes down. 

One of the worst issues is data. If you have an outdated server or an overloaded server, then you could end up with a complete system freeze or even full crash. This could lead to corrupted or lost data which is a disaster. There is a lot of pressure for Healthcare IT providers to keep systems, like pacs systems, alone because a loss of data in the healthcare sector could be fatal for patients. Additionally, any company that has payment information for clients online would have huge issues in the event of a crashed server. 

There are legal issues too. You could be prosecuted if you lose your client's data. This would add even more costs to the mounting problems that have already come your way.

Avoiding IT failures is something you need to hire a professional for. There are things you can do yourself, especially if you run a small business. Make sure you have a secure cloud-based infrastructure. This will ensure everything is backed up and stored in a safe place. You can access this from anywhere in the world at any time. You should also ensure you are up to date with all cybersecurity systems to avoid failure due to someone hacking your systems or accessing all your data. 

Research all the possible issues that could affect your business and build a solid contingency plan. Prevention is always better - and cheaper than a cure. You need to understand everything that could go wrong, why and how. Once you have that knowledge, you feel a little less lost when things go wrong. If you don’t use an IT management team, get to know someone local and reliable that can get to your business in an emergency. That way, you will limit your staff's downtime and get back up and running as quickly as possible.