Technologies empower businesses operating in underserved regions to perform at optimal standards with increased effectiveness remaining operationally lean, flexible and responsive. As a result, innovative new technologies such as unified communications, cloud and big data, reduce overall costs for organizations and create a lasting impact. However, in order for technologies to drive these results it is necessary they operate on a secure and reliable network.
As many clients rely heavily on their bandwidth connectivity, even slight downtime could have the potential to cost the enterprise money, time and cause frustration. This makes strong and secure networks a critical ingredient for successful business operations.
Considering the undeniable importance of bandwidth for organizational prosperity, some still view money spent on it as a sunk cost. In the oil and gas industry, companies are experiencing new and increased pressures to improve productivity and decrease spending. With the low price of oil the industry may not want to invest in updating critical networks.
However the opposite has proven to be true; reliable connectivity will in fact reduce the overall costs of business operations. To face upcoming industry challenges, the adoption of technology is a critical strategy for businesses to remain fiscally strong and globally competitive. Companies in oil and gas are choosing scalable bandwidth to meet their increasing needs and avoid the risky cost of downtime. Using reliable networks to run these mission critical technologies should not be undervalued. Total cost of ownership (TCO) should be the key decision point in calculating overall value.
According to a 2013 study from the Ponemon Institute, the cost per minute of unplanned downtime is $7,900—a staggering amount for sixty seconds, and a dramatic 41% increase from the previous 2010 study. It is reported that 76% of all enterprises experience an outage per year. It is imperative that networks are assessed for TCO support and help solve mission critical problems.
WireIE is a MEF CE 2.0 certified network operator that focuses on unleashing the potential by brining metro networking to underserved markets. Today, current Enterprise CTOs and technical decision makers are requesting and proving out the high availability certified networks built by WireIE, and are reducing their TCO.