Downtime is equal to lost opportunities. If your customer portal is down – such as your website or social media pages – you might not be able to contact users, encourage sales, and provide a smooth service. But inner downtime is just as dangerous – you can lose precious work hours, affect operations, and delay orders. Working with managed IT services allows you to reduce downtime and provide consistent and reliable network support to all stakeholders.
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According to a study by the Information Technology Industry Council, the average cost of a single hour of downtime exceeds $100,000, and 81 percent of those surveyed say 60 minutes of downtime can cost more than $300,000. Thirty-three percent of those surveyed estimate that an hour of downtime costs between $1 million and $5 million. Gartner analysts agree, estimating that the cost of network downtime averages $5,600 per minute, or about $300,000 per hour. Others place the cost of downtime at $140,000 per hour, but however you choose to measure it, the losses are substantial.
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Depending on your industry, you might be subject to various compliance regulations, such as the Health Insurance Portability and Accountability Act of 1996 (HIPAA), FTC Safeguards Rule, and Cybersecurity Maturity Model Certification (CMMC). A knowledgeable MSP should be well-versed in these regulations and able to ensure your IT practices remain compliant. Look for evidence of their experience in working with businesses in your sector.
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Cloud-hosted applications and services are just as susceptible to attacks as accounts. External attacks such as cross-site scripting (XSS), SQL injection, distributed denial-of-service (DDoS), and brute-force attacks have the potential to disrupt or prevent cloud access, bringing the entire business operations to a standstill. https://www.extnoc.com/managed-ddos-service/

A dedicated hosting offers excellent packages for all sort of businesses. These packages are well suited to the needs of businesses. For example, most of the small to medium scale businesses may not be able to create the ideal data center infrastructure and hire the experts to look after its every technical and management-related aspect. https://www.extnoc.com/mids-mips/