Paperless operations, globalization, 24/7 businesses, software-based applications – world commerce operates on the internet. When wired connections go down – whether it’s from natural disasters, damage due to traffic accidents or construction, or any other unexpected element – it can be costly in both the short term and the long term.
Unplanned downtime can be incredibly damaging, and the range of impact can vary depending use case. Gartner averages the cost of unplanned downtime as $5,600 per minute, which could be escalated depending on enterprise size or operations. Industrial manufacturing of military aircraft likely would face steeper consequences of unplanned downtime versus a small business, but financial or reputational damage nonetheless is still present when a network outage occurs.
Business continuity plans for internet connections are a proactive way to guard against the costs of network outages. The cost of network outages can come in many forms.
A business continuity plan is a proactive measure to guard against these types of issues if a network outage were to occur.
A wireless failover solution provides another network to access the primary network in order to diagnose problems. This is called out-of-band management (OOBM) and it provides the ability to troubleshoot network issues on the fly with the potential to resolve the issue more easily or at least get an idea of how to move forward and timeline for rectifying the situation.
When choosing a wireless failover business continuity plan, organizations can choose between a wired or wireless failover solution. A wired solution would be identical to the primary wired network and most likely buried underground in almost the same location as the primary network. Unfortunately, this means that the likelihood that a physical cause for a network outage (inclement weather, accidents, or construction) would affect both networks.
A wireless solution leverages 4G LTE or 5G cellular networks that are not comprised of the same infrastructure as a wired connection. Not only does this provide a completely separate, secondary network to failover to, it also carries a few key benefits:
When you’re ready for a business continuity plan that delivers 99.99 percent uptime leveraging industry leading cellular connectivity and routers, you’re ready for KORE. Our key partnerships with Mobile Network Operators and hardware providers means you can get your customized business continuity plan up and running so you do not have to worry about loss of productivity or an impact on your bottom line. Check out our business continuity savings calculator to see how much you can save with a backup internet plan in place.
Watch our recent webinar, "Best Practices in Business Continuity: Getting the Most out of Your Tools", to learn more.
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