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Cloud Availability and Combatting Downtime

While it is impossible to guarantee no downtime, organizations can take precautionary measures to prevent it as much as possible and to keep up in the time of such an unforeseen circumstance. This infographic highlights the losses a company may suffer due to cloud outages. These losses are categorized as business and productivity loss in order to quantify them with each. We further go on to establish some steps that can be taken to ensure cloud availability. These measures although are not a full-proof solution to data loss, bringing them into practice can make business operations more efficient even in the time of crisis.

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Cloud Availability and Combatting Downtime

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  1. C O M A B T T I N G D O W N T I M E EXPLAINS CLOUD COMPUTING & DOWNTIME The IT landscape has been reshaped by cloud services. To maintain a healthy and resilient modern IT infrastructure, downtime is something all end user organizations have to be prepared for. Some of the top effected areas due to cloud outage/ downtime are: End User Productivity Business Disruption IT Productivity Lost Revenue QUANTIFYING DOWNTIME Businesses must evaluate the value of cloud outages, in order to be protected and prepared in the time of crisis. The primary factors in quantifying downtime are: Business losses Productivity losses Here are some figures as told by research reports: The average cost of downtime per minute is In 2019, the average cost per hour of downtime ranged between For Fortune 1000 companies, an hour of downtime could cost as much as INDUSTRIES WITH THE HIGHEST RISK INCLUDE: Banking/Finance Government Healthcare MAINTAINING CLOUD AVAILABILITY Even though 100% availability cannot be guaranteed, steps can be taken to prepare for disruptions and tackle them more efficiently. COMPREHENSIVE MONITORING DATA FORECASTING BE PROACTIVE, NOT REACTIVE Companies are becoming aware of direct financial cost to operation in case of downtime and in turn are better equipped to handle cloud outages and full-blown incidents. Resources: https://www.evolven.com/blog/downtime-outages-and-failures-understanding-their-true- costs.html https://www.statista.com/statistics/753938/worldwide-enterprise-server-hourly- downtime-cost/ https://www.zdnet.com/article/cloud-computing-heres-how-much-a-huge-outage-could- cost-you/ https://www.atlassian.com/incident-management/kpis/cost-of-downtime

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