New SensLynx solutions include LTE primary connectivity, continuity failover and SD-WAN technology
October 29, 2018 / ANASIA D'MELLO
A dependable internet connection is virtually every industry’s sustenance and without it, business dies. Yet many don’t realise how frequently the worst occurs, or how dramatically it could impact their livelihood. According to industry research, network downtime can cost small and midsize businesses (SMBs) anywhere from US$5,600 (€4910) per minute, to between $8,600 (€7540) and $74,000 (€64886) an hour. Whether it’s business continuity for users in retail/point-of-sale (POS), construction, banking, insurance, restaurants and hospitality, or it’s primary connectivity for end users in utilities, transportation, security, municipalities, Kiosks, ATMs and digital signage, in addition to the financial drain, IT failures have far-reaching repercussions that can result in permanent client loss, missed deadlines, devalued brands and more.