How much could a slow network REALY be costing you? Our research has led us to the following statistical information, that may or may not directly reflect your current business standings, but can give you an idea of just how costly an inefficient system can truly be! So, imagine this:
*If you’re sitting in front of a laptop or desktop that is running exceedingly slow, and you’re wondering just how much it is costing your business, consider this: the current estimated value is 5.5 days per year for each employee. Based on an average of 200 workdays per year, this adds up to a little less than 3% of an employee’s time. Granted, these figures aren’t exactly mind-blowing; however, if you factor in the cost of slow servers, the results are more startling.
For the sake of simplicity, we’ll consider the numbers in the context of a normal business with slow outdated workstations. Opportunity cost is an important variable since it is typically double the actual cost. This is because it is measured as the amount of time lost that could have been used to complete valuable tasks, such as closing important deals.
Average Salary= $60,000
Average Hourly Labor Rate= $43 per hour
Time Wasted Due to Slow Computer= 2.75%
Yearly Cost of Time Wasted= $1,892 per employee
Yearly Opportunity Cost of Time Wasted=$3,784 per employee
Total Yearly Cost of Slow Computer= $5,676 per employee
Even if you don’t take these numbers at face value, reducing them to half is enough to justify making an investment in a quality computer. Today, these start around $1,000, which is much less than what slow computers cost your business each year.
Now what if we told you we could help you avoid those costs and improve your system? Well, we can! Call or email our staff today!
*This study was conducted by an outsided source, and is meant to serve as a comparible example.