unplanned downtime often results in more significant disruptions, financial losses, and a need for rapid response and recovery efforts. Both types require different strategies for mitigation and management to ensure minimal impact onbusiness continuity. ...
The initial phase in business continuity planning is to identify risks to a workload's availability or functionality. Each risk should be analyzed to understand its likelihood and its severity. Severity needs to include any potential downtime or data loss, as well as whether any aspects of the...
Downtime tells users how long a service is unavailable. Downtime can be planned due to maintenance or unplanned due to an outage. It is impossible to eliminate downtime, but it is important to try to minimize it. Downtime usually represents lost money due to lost revenue, unhappy customers ...
What is your True Cost of Downtime?When companies cannot access their data, they cannot perform normal business functions – something that they take for granted every day. They may believe that just like getting hit with lightening, the chances of something happening to them are slim, and it...
operations and safeguarding people, assets and overall brand equity. Business resilience goes beyond disaster recovery (DR) and business continuity by offering post-disaster strategies to avoid costly downtime, shore up vulnerabilities and maintain business operations in the face of additional, unexpected...
privacy and resource management require businesses to ensure their infrastructure is designed and managed with resiliency in mind. By using intelligent asset management, monitoring and predictive maintenance, organizations can extend the life of assets, reduce downtime and maintenance costs, optimize mainten...
separates preventive maintenance from reactive maintenance: timing. Reactive maintenance adopts a “run-to-failure” policy where maintenance only occurs when a piece of equipment stops working. Then, the maintenance team must complete the repair as quickly as possible to prevent further downtime. ...
Until recently, few businesses had business resilience or business continuity plans for global events that would last for months, result in extended travel shutdowns, and prompt lasting changes to how a company operates and where its employees work. ...
Normal idle time is categorized as "downtime" for regularmaintenanceand repair. Regularly scheduled downtime for manufacturingassetsis a normal business practice and cannot be controlled by management. Abnormal Idle Time Abnormal idle time, such as a worker strike, is out of the ordinary and can,...
Key performance indicators are used in business to judge performance and progress toward specific, measurable goals. As such, they provide owners and managers with an overview of how their business, or an aspect of their business, is performing at a certain point in time. They may be compared...