It’s rather frustrating when your company’s IT experiences problems, but this goes far beyond the pure inconvenience of not being able to proceed with your work. It leads to lost productivity, missed sales and negative public image owing to people not being able to access your site or do business with you.
For all that is spent by small and medium enterprises on ensuring that their IT is in top shape, problems are still quite frequent and, when they occur, the company’s balance sheet tilts further towards the red. On top of all the costs mentioned in the previous paragraph, your company may need to pay an IT professional for troubleshooting and duly repairing any technical problems that arise. When you take it to a multinational scale, even an hour of downtime could cost more than $1 million, although that’s probably loose change to a global corporation.
Check out the infographic below from ERS IT Solutions for a series of eye-opening statistics about the extent to which IT downtime can harm businesses.
Strength & Strategy: Powering America's Industrial Comeback
In this episode, I sat down with Beejan Giga, Director | Partner and Caleb Emerson, Senior Results Manager at Carpedia International. We discussed the insights behind their recent Industry Today article, “Thinking Three Moves Ahead” and together we explored how manufacturers can plan more strategically, align with their suppliers, and build the operational discipline needed to support intentional, sustainable growth. It was a conversation packed with practical perspectives on navigating a fast-changing industry landscape.
Get In Touch
Google news and SEO compliant, Industry Today’s state-of-the-art digital media platform offers bespoke media campaigns that target key decision makers and buyers to achieve your marketing and promotional goals.
Contribute
Showcase your brand and promote your business to our highly targeted audience. We offer detailed Google Analytics with measurable ROI to assure success. Submit your content for review by our Editorial team who will contact you to discuss the project further.
About Us
Reach Your Targeted Audience and Grow Your Business. Learn more About Industry Today.
Contact Us
© 2025 Industry today. All Rights reserved.
