We’ve got some good news and some bad news
Here’s the bad news: Depending on your industry, the hourly costs of business downtime can be catastrophically high, not just in direct cost of lost business, but in the add-on costs of recovery, diminished employee morale, and eroded customer trust.
Here’s the good news: 79% of that downtime may be prevented if you have the right facility monitoring and notification system in place. (For acts of God, unfortunately, you’re mostly on your own). As they say, an ounce of prevention beats a pound of cure.
This is a topic that we’re particularly passionate about for obvious reasons, and for those same reasons, it’s one we know a lot about.
We could (and if you’d like more information, certainly can) go on and on, but we thought, why not keep it simple?
We’ve put together this basic but useful slide deck highlighting best practices for facility monitoring and the characteristics of an effective facility monitoring solution.
Check it out:
We’d love to continue the conversation. Find us on our website, on our social media, or even here on this blog. What other characteristics make up a great facility monitoring solution? What valuable (or painful) lessons have you learned about the cost of downtime?